Compliance - Suitability Checks - Senior Professional New

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.

KKR Gurugram office 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 is integral in furthering the growth and transformation of KKR.

TEAM OVERVIEW

KKR’s Compliance team is responsible for developing and enforcing compliance policies and procedures, as well as tracking ongoing regulatory changes that may affect the firm. The team is also involved in the investment process to monitor and advise on compliance with guidelines for both strategic partners and clients. The team implements and monitors the firm’s compliance programs to train employees, review and analyze conflicts of interests, etc. The Compliance team also handles the due diligence process, assists with operational support for investing activities, and maintain compliance with the firm’s policies.

POSITION SUMMARY

We are seeking a highly motivated and detail-oriented professional to support compliance and operational oversight for the Firm’s Individual Markets Team specifically supporting the Suitability Team. The primary responsibility will involve review and analysis of annuity application submissions from a Suitability perspective under applicable state and federal laws and regulations.

ROLES & RESPONSIBILITIES:

Key responsibilities include but are not limited to:

• Make sound suitability decisions in accordance with the NAIC Suitability in Annuity Transactions Model Regulation and other federal laws and regulations, along with industry best practices and company standards and guidelines.
• Ensures adherence to internal policies and procedures as well as state and federal regulatory requirements pertaining to annuity suitability review process.
• Identify whether distribution specific annuity applications received by the company are approved, not-in-good-order, or declined from a suitability and other business rule perspective.
• Ability to identify resolution with suitability and other business requirements while balancing a client and company centric mindset.
• Experience with interfacing and comfortably communicating suitability or other requirements with business partners while identifying commercially available resolutions.
• Ability to understand broader business requirements and creatively identify resolutions.
• Comprehensive knowledge of fixed/indexed annuity products, Independent and Broker-dealer channels pertaining to suitability and other annuity processing related items.
• Broad understanding of annuity order entry platforms i.e., Firelight, AN4, eBix, and processing requirements including but not limited to, State Replacement requirements, and certain state required filings.
• Assist as needed with Third Party suitability oversight program.

QUALIFICATIONS

• Undergraduate or Postgraduate degree required.
• 5–7 years of overall experience, with 1–3 years of direct suitability and annuity experience at a Broker-Dealer or Insurance Company, demonstrating a strong understanding of compliance and operational requirements.
• Proven ability to thrive in fast-paced, dynamic environments.
• Motivated team player with a high level of personal integrity, accountability, and maturity.
• Strong analytical and problem-solving skills; capable of working independently.
• Excellent relationship-building and collaboration skills.
• Demonstrated ability to exercise sound judgment.
• Strategic thinker with the ability to influence outcomes and understand broader business objectives.

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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.