Principal, Structured Products & ABF

Role Overview
This individual will be integrally involved with all aspects of the investment process for all structured and asset-backed credit, including: evaluating potential investments and executing transactions, developing strategies to increase origination, tracking markets, assessing relative value across asset classes, determining asset allocation and portfolio construction, managing portfolio rotation trades, and managing existing positions. The individual will work with both the GA and KKR Investments team as we build out our integrated investment function. This is an opportunity to be a senior member of a high-profile investment strategy at Global Atlantic focused on a wide range of asset classes across the risk/return and liquidity spectrums, including residential real estate, consumer finance, small business, transportation, equipment, renewable energy, infrastructure, commercial real estate, and collateralized loan obligations, and spanning securities, whole loans, direct lending, whole assets, and platform investments. 

Responsibilities

1. Evaluate individual investment opportunities:

• Conduct comprehensive financial analysis to assess potential investments across a wide range of sectors and geographies
• Prepare and present GA & KKR investment memos outlining key findings and recommendations
• Collaborate across GA and KKR teams to facilitate investment decision-making and deal execution processes

2. Tracking Markets

• Regularly monitor structured products markets (RMBS, CMBS, ABS, CLO) as well as more illiquid sectors and track themes / economics / relative value across asset classes
• Regularly interface with the street and consume research to help form market views 

3. Build relationships across KKR and externally to support GA growth:

• Cultivate strong dialogue and relationships with key stakeholders across GA and KKR in order to mutually communicate priorities and objectives, market views, progress vs. plans, and future outlook
• Stay ahead of market trends and developments to inform investment decisions
• Leverage GA & KKR infrastructure to identify new opportunities and partnerships

4. Portfolio construction and asset allocation:

• Use information from #’s 1 – 3 above (evaluating individual deals, tracking markets / relative value, KKR dialogue) to design GA’s capital deployment strategy (allocation to different asset classes, duration, liquidity, currency, fixed / floating rate, etc.)
• Run portfolio construction analytics to help determine areas to lean in / avoid based on the characteristics of the existing portfolio
• Communicate GA’s portfolio construction and asset allocation strategy to KKR and GA stakeholders
• Track incoming transaction pipeline / market themes, to ensure alignment with deployment objectives

5. Portfolio Management 

• Design portfolio rotation trades to help GA achieve its financial targets
• Monitor the portfolio to identify potential risks and opportunities
• Collaborate with KKR team to actively manage any higher touch positions and implement strategies to achieve optimal outcomes

QUALIFICATIONS 

• Bachelor's degree in Finance, Economics, or related field
• 6+ years of experience in investment banking, insurance or investment/asset management
• Candidates must possess superior analytical skills; a strong grasp of financial concepts; exceptional written, interpersonal, and communication skills; attention to detail; and a maturity that enables them to contribute to a collaborative and constructive work environment.
• Proven track record of developing and executing investment strategies or strong demonstrated interest in investing.
• Experience leading and negotiating transactions.
• Energetic, inquisitive and an initiative to take on high-impact projects that cover new ground for the team and business at-large.
• Self-starter with ability to work independently to solve complex problems.
• Knowledge of insurance company-specific investment and accounting considerations a plus.