WITHDRAWN E-3 AUSTRALIAN FY 2025

Head of Asset Backed Finance Engineering

KKR Credit Advisors (US) LLC · New York, New York

Case #I-203-25141-002328

In FY2025, KKR Credit Advisors (US) LLC sought E-3 AUSTRALIAN sponsorship for a Head of Asset Backed Finance Engineering in New York, New York at $275k per year, which is 7% above the prevailing wage of $256k. The case was processed in 0 days during the FY FY2025 cycle. This position is for new employment.

$275k
Annual Salary
$256k
Prevailing Wage
+7.4%
Wage Premium
1
Positions

Filing Details

Case NumberI-203-25141-002328
Case StatusWithdrawn
Visa ClassE-3 AUSTRALIAN
Fiscal YearFY 2025
EmployerKKR Credit Advisors (US) LLC
Employer LocationNew York, New York
Job TitleHead of Asset Backed Finance Engineering
SOC Code11-302100 – Computer and Information Systems Managers
WorksiteNew York, New York
Annual Wage$275k
Prevailing Wage$256k
Wage Premium+7.4%
Positions1 (1 new, 0 continued)

Timeline

May 21, 2025
Received
May 21, 2025
Decision
Jun 16, 2025
Employment Start
Jun 15, 2027
Employment End

More Filings from KKR Credit Advisors (US) LLC

Job TitleSalaryStatusDate
Head of Asset Backed Finance Engineering $275k CERTIFIED May 21, 2025
Associate $175k CERTIFIED Mar 7, 2025
Associate $150k CERTIFIED Aug 29, 2025
Principal $210k CERTIFIED Aug 18, 2025
Principal $195k CERTIFIED Jun 26, 2025

View all KKR Credit Advisors (US) LLC filings →

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About This H-1B Filing

This Labor Condition Application (LCA) was filed by KKR Credit Advisors (US) LLC for the position of Head of Asset Backed Finance Engineering in New York, New York. The offered annual salary is $275k, compared to the prevailing wage of $256k for this occupation and location. This represents a wage premium of +7.4% above the prevailing wage.

The LCA is the first step in the H-1B visa process. Employers must file an LCA with the Department of Labor certifying that they will pay the foreign worker at least the prevailing wage for the occupation in the area of intended employment. A certified LCA is required before the employer can file an H-1B petition with USCIS.

Case status: Withdrawn. This means the employer or their representative withdrew the application.

Understanding This LCA Filing

A Labor Condition Application (LCA) is a mandatory document that U.S. employers must file with the U.S. Department of Labor (DOL) before they can petition for a foreign worker under the H-1B, H-1B1, or E-3 visa categories. The LCA process was established under the Immigration and Nationality Act (INA) to protect both foreign and domestic workers by ensuring fair wages and working conditions.

Why Employers File LCAs

When a U.S. company identifies a foreign national to fill a specialty occupation position, they must first obtain DOL certification through the LCA process before filing the H-1B petition (Form I-129) with U.S. Citizenship and Immigration Services (USCIS). In this case, KKR Credit Advisors (US) LLC filed LCA case number I-203-25141-002328 to sponsor a Head of Asset Backed Finance Engineering position at their worksite in New York, New York. By filing this LCA, the employer attests to four key conditions: (1) paying the higher of the actual wage or prevailing wage, (2) providing working conditions that will not adversely affect other similarly employed workers, (3) no strike or lockout at the worksite, and (4) providing notice of the filing to the bargaining representative or posting notice at the worksite.

What Wage Levels Mean

The DOL establishes four wage levels for each occupation and geographic area, representing the progression from entry-level to fully competent workers:

For this filing, the offered wage of $275k compares to the DOL prevailing wage of $256k for Computer and Information Systems Managers positions in the New York, New York area. The positive wage premium of +7.4% indicates the employer is offering above the DOL-determined average for this occupation and location.

What is Prevailing Wage?

The prevailing wage is the average wage paid to similarly employed workers in a specific occupation in the area of intended employment. The DOL determines prevailing wages using data from the Occupational Employment and Wage Statistics (OEWS) survey conducted by the Bureau of Labor Statistics (BLS). Employers must pay H-1B workers the higher of the prevailing wage or the actual wage paid to other employees in similar positions at the company. This requirement is designed to prevent employers from using H-1B workers to undercut domestic wages.

How to Interpret This Data

What Withdrawn Means for This Application

A "Certified-Withdrawn" status means this LCA was initially certified by the DOL but was later withdrawn by the employer. This can happen for various reasons: the foreign worker may have declined the position, found employment elsewhere, the employer may have decided to refile with updated information, or business conditions may have changed. A withdrawal does not negatively affect the employer's ability to file future LCAs.

Comparing to Industry Standards

The offered salary of $275k for this Head of Asset Backed Finance Engineering position provides a data point for evaluating compensation trends in E-3 AUSTRALIAN visa sponsorship. When reviewing H-1B salary data, consider that wages vary significantly based on geographic location, employer size, industry sector, and the worker's experience level. This position falls under SOC code 11-302100 (Computer and Information Systems Managers), which standardizes how the Bureau of Labor Statistics classifies occupations across industries. Metropolitan areas like New York, San Francisco, and Seattle typically command higher salaries due to higher costs of living, while positions in smaller markets may offer lower nominal wages but comparable purchasing power.

Frequently Asked Questions

What is the salary for this Head of Asset Backed Finance Engineering position?

The offered annual salary for this Head of Asset Backed Finance Engineering position at KKR Credit Advisors (US) LLC is $275k. The Department of Labor prevailing wage for this occupation and location is $256k. The offered wage represents a +7.4% premium over the prevailing wage.

Where is this Head of Asset Backed Finance Engineering job located?

This E-3 AUSTRALIAN filing is for a position located in New York, New York. The employing company, KKR Credit Advisors (US) LLC, is headquartered in New York, New York.

What visa type is this filing for?

This Labor Condition Application is filed under the E-3 AUSTRALIAN visa classification. This visa classification allows employers to hire foreign workers for specialty occupation positions in the United States.

Who is the employer for this H-1B filing?

The employer for this filing is KKR Credit Advisors (US) LLC, located in New York, New York. KKR Credit Advisors (US) LLC filed this Labor Condition Application (case number I-203-25141-002328) for a Head of Asset Backed Finance Engineering position during fiscal year FY 2025. View all KKR Credit Advisors (US) LLC H-1B filings.

What does LCA “Withdrawn” mean?

Certified-Withdrawn means this LCA was initially certified by the DOL but was subsequently withdrawn by the employer or their authorized representative.

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