Posted 17 days ago
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KKR's K-Star platform is seeking a Portfolio Analyst/Associate to oversee and report on a portfolio of loans secured by stabilized, light transitional, and construction real estate projects across the United States. The role involves monitoring portfolio performance, analyzing financial statements and rent rolls, interpreting loan documents and covenants, and preparing asset performance reports for management and investors. The analyst will evaluate draw requests, lease approvals, loan modifications, and work closely with asset management and investment teams on sponsor relationships while supporting process development and implementation of new technologies. Strong analytical, financial modeling, and communication skills are required, with 1-4 years of commercial real estate experience preferred.
- Compensation
- Not specified
- City
- Not specified
- Country
- United States
Currency: Not specified
Full Job Description
COMPANY OVERVIEW
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries.
POSITION OVERVIEW
K-Star is seeking an intelligent, analytical, and proactive Portfolio Analyst/Associate to join the team. The Analyst/Associate will be responsible for the oversight and reporting on a portfolio of loans secured by stabilized, light transitional and construction projects located throughout the United States. The qualified candidate will also be expected to participate in special projects and assignments related to the growth of the platform. With a goal of process development and execution, this candidate must be an exceptional communicator and have the ability to build strong partnerships across the various KKR businesses, including the Firm’s real estate credit originations, legal, finance, and asset management teams.
ROLE AND RESPONSIBILITIES
- Monitor portfolio performance for potential adverse credit issues and trend analyses
- Review and analyze monthly and/or quarterly financial statements and rent rolls with comparison against underwriting and budgets
- Monitor national, regional and local market dynamics to assess tenant credit risks and concentrations
- Interpret complex loan documents to confirm and track satisfaction of relevant loan terms and covenants
- Prepare and review asset performance reports to company management and other investor parties
- Evaluate and review draw requests, lease approvals, loan modifications and various other borrower requests and periodic underwriting of collateral
- Work closely with the Asset Management and Investment teams on relationship management of transaction sponsor
- Manage special projects, including implementation of new technologies to support K-Star’s platform
- Travel on an as needed basis
QUALIFICATIONS
- Bachelor’s degree or equivalent experience preferably in a related course of study
- 1-4 years of work experience in commercial real estate preferred
- Fundamental knowledge of commercial real estate, fixed income, and general financial concepts
- Superior analytical and financial modeling skills
- Excellent organizational, verbal, and communication skills
- Exceptional attention to detail and thoroughness is required to ensure accuracy in all data and work product
- High proficiency with Microsoft Excel, Word, PowerPoint and Outlook
- Argus, construction loan or development experience a plus
- Team player with collaborative and strong relationship building skills with the ability to work independently in a way that reflects the company’s culture and core values
- Skilled at developing and maintaining personal, social and business relationships representing K-Star and KKR in a professional manner
KKR is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.
