Over 10 years of credit analysis experience in the ABS sector at a Rating Agency or similar environment.
Strong Excel skills; proficiency in financial modeling software like Intex.
Ability to work independently and collaboratively with partners.
Strong analytical skills for transaction evaluation and cash flow analysis.
Excellent oral and written communication skills; writing sample may be requested.
Attention to detail and familiarity with Generative AI tools is a plus.
Responsibilities
Conduct transaction analysis including collateral performance and legal structure review.
Serve as lead analyst and primary contact for clients and investors.
Prepare and present credit memoranda to rating committees.
Lead development of new rating methodologies and market commentaries.
Monitor outstanding transactions and update ratings as necessary.
Participate in due diligence and industry events, which may require travel.
Benefits
Hybrid work schedule (in-office Tuesday to Thursday).
Competitive benefits and paid time off.
Paid family and disability leave.
401(k) plan with employer match (100% vested).
Financial assistance for educational and professional development.
Employee referral bonus program.
Full Job Description
Position Title: ABS Commercial / Esoteric - Director / Senior Director (NY / Chicago)
Entity: Kroll Bond Rating Agency, LLC
Employment Type: Full-time
Location: New York, NY or Chicago, Illinois, United States
Summary/Overview:
KBRA (Kroll Bond Rating Agency) is seeking an experienced credit analyst to join our Commercial Asset-Backed Securities (ABS) team. The position is open to candidates in our New York City Office or Chicago Office. The ideal candidate will have meaningful experience in commercial ABS asset classes (including, for example, data centers, PDP oil and gas, communications infrastructure, equipment, or aviation). Directors and Senior Directors within the ABS group hold an integral role on the transaction rating team, engaging in all aspects of the rating process from collateral analysis to report publication while also managing and mentoring junior staff. Senior Directors often are expected to serve as thought leaders within their subject areas.
About the Job:
Conduct and assist in transaction analysis including originator/servicer evaluation, collateral performance analysis, modeling and analysis of bond structure, and review of legal structure and documentation.
Serve as lead analyst and primary contact with clients, deal arrangers and investors.
Prepare and present credit memoranda to rating committees and contribute to transaction reports for publication.
Lead the development of new rating methodologies (as necessary), as well as topical research and market commentaries.
Surveil and monitor outstanding transactions, updating ratings as warranted.
Attend and participate in seller/servicer due diligence, investor discussions, or industry events (which, in some cases, may require travel).
You will be successful in this role if you have:
Bachelor's degree in a relevant field of study required.
More than ten (10) years of demonstrated experience in credit analysis within the ABS sector at a Rating Agency, Buy-Side Investor, Credit Research, or similar environment.
Strong Excel skills (excel test may be administered as part of the interview process)
Ability to take initiative, work independently, and work closely with partners in a collaborative environment.
Strong analytical skills relating to transaction evaluation, including loan credit risk assessment and analysis of asset and bond cash flows.
Proficient with relevant financial modeling software (e.g. Intex)
Strong oral and written communications skills (writing sample on request).
Exceptional attention to detail.
Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus.
Salary Range:
The anticipated annual base salary range for this full-time position is $160,000 to $250,000. Offer amounts are determined by factors such as experience, skills, geography, and other job-related factors.
Benefits:
A hybrid work schedule (Tuesday, Wednesday, Thursday in the office)
Competitive benefits and paid time off
Paid family and disability leave
401(k) plan, including employer match (100% vested)
Educational and professional development financial assistance
Employee referral bonus program
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About Kroll Bond Rating Agency
Kroll Bond Rating Agency (KBRA) is a credit rating agency that provides ratings for a variety of financial products, including structured finance, public finance, and corporate finance. KBRA was founded in 2010 by Jules Kroll, the founder of Kroll Inc., and is headquartered in New York City. KBRA is known for its innovative approach to credit ratings, which includes a focus on transparency and a willingness to challenge the status quo. KBRA is registered with the SEC as a Nationally Recognized Statistical Rating Organization (NRSRO).
