Compliance Officer - Financial Crimes at KKR in Boston, MA

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. THE OPPORTUNITY KKR is seeking an experienced Financial Crime Compliance Officer to join its Global Compliance team and lead the management and oversight of the Americas anti-money laundering (AML), know-your-customer (KYC), anti-bribery and corruption, economic sanctions and terrorist financing programs. As a senior subject matter expert and trusted advisor, this individual will translate complex regulatory expectations into practical, risk-based controls across investor onboarding, fund activity, transactions, third-party relationships and portfolio company oversight. The role will combine strategic program leadership with hands-on execution across governance, risk assessment, control design, monitoring and testing, investigations, regulatory change, management information, training and technology enablement. The role is based in Boston and will work closely with Compliance colleagues in New York, London, Dublin, Hong Kong, Tokyo, Australia and India. The Financial Crime Compliance Officer will oversee internal and external resources, including compliance professionals, external counsel, service providers and other AML officers, in carrying out KKR’s responsibilities under its global Financial Crime Compliance Program. The successful candidate will transition to become the Anti-Money Laundering Reporting Officer for the regulated business in the United States. RESPONSIBILITIES Program leadership, governance and accountability Lead the Americas program. Set the direction and operating rhythm for KKR’s Financial Crime Compliance Program in the Americas, aligned with the global framework and the risk profile of KKR’s businesses, products, investors, transactions and jurisdictions. Own the framework. Maintain and enhance the financial crime framework, including policies, standards, procedures, governance forums, escalation protocols, decision rights, roles and responsibilities, control ownership and documentation requirements. Drive informed governance. Develop clear management information, key risk and performance indicators, issue reporting and trend analysis for senior management and relevant governance committees, with timely escalation of material risks and control weaknesses. Strengthen third-party oversight. Oversee external counsel, service providers, placement agents and Transfer Agents through documented responsibilities, service standards, quality assurance, performance monitoring and escalation mechanisms. Risk assessment, control design and assurance Maintain a risk-based methodology. Lead and continuously improve financial crime risk assessments covering customers and investors, products, transactions, geographies, delivery channels, third parties and legal entities; use results to prioritize controls, monitoring and resources. Build a clear control architecture. Define and maintain a control inventory spanning preventive, detective and responsive controls, including customer due diligence, beneficial ownership, politically exposed person and adverse media review, sanctions screening, enhanced due diligence, transaction diligence, anti-corruption controls and suspicious activity escalation. Establish measurable control standards. Document control objectives, frequency, ownership, evidence, th