Financial Crime Compliance - Senior Professional

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.

KIOPL Management Solutions India Private Limited provides best in class services and solutions to our internal stakeholders and clients, drive organization wide process efficiency and transformation, and reflect KKR's global culture and values of teamwork and innovation. The office contains multifunctional business capabilities and will be integral in furthering the growth and transformation of KKR.

TEAM OVERVIEW

KKR’s Financial Crime Compliance team sits within the Compliance function. The team is responsible for the establishment, maintenance and oversight of the financial crime framework, which includes anti-money laundering, anti-bribery and corruption and sanctions.

POSITION SUMMARY

This role supports the Financial Crime Compliance (FCC) team across a range of responsibilities including external meetings review, private placement memorandum (PPM) approvals, investor KYC for Transfers and Separately Managed Accounts (SMAs), and fraud monitoring. The individual will play a critical role in identifying financial crime risks, supporting regulatory compliance, and ensuring thorough investigation and documentation of suspicious activity.

ROLES & RESPONSIBILITIES

A. Meetings & PPM Approvals• Review external meetings and associated materials to identify financial crime risks (e.g., sanctions, reputational concerns).• Assess PPMs and offering documents for compliance with AML, sanctions, and ABC policies.• Screen counterparties, participants, and jurisdictions using internal tools and external databases (e.g., PEP, sanctions lists, adverse media).• Liaise with regional FCC and business teams to escalate and resolve higher-risk items.• Maintain audit-ready documentation and ensure tasks are completed within SLA.• Support updates to policies, procedures, and control frameworks related to meetings and PPM reviews.

B. Investor KYC – Transfers & SMAs• Conduct KYC and due diligence on investors for fund transfers and SMA onboarding.• Analyze ownership structures, source of wealth/funds, and jurisdictional risks.• Collaborate with Legal, Business, and Operations teams to ensure smooth execution.• Support periodic refresh and event-driven reviews.• Contribute to process improvements and documentation standards in coordination with global FCC teams.

C. Fraud Monitoring & Investigations• Investigate suspected fraud involving insurance policies and annuity contracts.• Analyze transactions for red flags and suspicious patterns.• Engage with internal teams and external administrators to gather relevant data.• Maintain detailed records of findings and contribute to process enhancements.

D. Overall• Conduct and review client classification and suitability assessments, ensuring alignment with jurisdictional regulatory frameworks.• Perform KYC and CDD reviews to Luxembourg, Cayman Islands, and U.S. standards, including new client onboarding and ongoing due diligence.• Execute periodic refreshes of client profiles in accordance with global standards and internal procedures.• Identify, assess, and escalate potential risks or issues promptly to ensure compliance with applicable AML and sanctions regulations.• Conduct enhanced due diligence and high-risk client screenings.• Prepare concise due diligence reports with actionable recommendations.• Stay current on AML, CTF, sanctions, and other FCC regulations; assess impact and suggest enhancements.• Collaborate closely with internal stakeholders, including Legal, Operations, and Front Office teams, to resolve data or documentation gaps.• Maintain thorough and well-documented records to support audit and regulatory review requirements.• Apply independent thinking and sound judgment when evaluating complex cases or exceptions.• Contribute to continuous improvement of processes and controls within the Financial Crime framework.• Ensure that all actions and communications uphold the highest level of client experience and professionalism.• Support preparation of metrics, MI reporting, and process reviews.

QUALIFICATIONS & SKILLS

• 3–5 years of experience in Financial Crime Compliance, preferably in investment banking, asset management, private equity, or insurance.• Solid understanding of key FCC areas including AML, sanctions, fraud, ABC, tax evasion, and FATF/OFAC guidance.• Experience with screening platforms such as Factiva, World-Check, LexisNexis, Dow Jones Risk & Compliance.• Familiarity with fund structures, private placements, SMA onboarding, and high-net-worth investor due diligence.• Knowledge of fraud risks related to insurance and annuity products is a plus.• High integrity, attention to detail, and ability to manage multiple priorities.• Strong analytical, research, and communication skills.• Team-oriented, proactive, and solutions-focused with the ability to work independently.• Experience with private markets or asset management industry is preferred.