Bachelor's degree in a relevant field; advanced degree and CFA progression preferred.
5+ years of CRE debt underwriting or CMBS securitization experience.
Credit/underwriting expertise across various CRE property types.
Strong proficiency in Excel for extensive analysis.
Excellent oral and written communication skills.
Exceptional attention to detail and commitment to quality.
Ability to manage multiple tasks and work collaboratively.
Responsibilities
Conduct cash flow and valuation analysis for CRE properties.
Lead end-to-end transaction execution and credit analysis.
Present and defend analyses to senior management and credit committees.
Prepare comprehensive transaction reports for external publication.
Manage processes involving multiple internal and external stakeholders.
Conduct property site inspections and management meetings across the U.S.
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.
Company-provided cell phone.
Full Job Description
Position Title: CMBS - Associate Director (NY)
Entity: Kroll Bond Rating Agency, LLC
Employment Type: Full-time
Location: New York, New York, United States
Summary/Overview:
Kroll Bond Rating Agency (KBRA) is seeking an experienced Commercial Real Estate (CRE) credit analyst to join its industry-leading commercial mortgage-backed securities (CMBS) New Issuance ratings group in its New York City headquarters. Analysts in the group are responsible for transaction execution, including conducting credit analysis, authoring published reports, and presenting analysis for the assignment of credit ratings to conduit, single-borrower, CRE CLO, single-family rental, and other types of CMBS transactions.
About the Job:
Conduct commercial real estate (CRE) property cash flow and valuation, and loan credit analysis in accordance with KBRA's methodologies across all CRE property types.
Lead end-to-end execution of transactions, including
conducting property, loan and transaction level credit analysis
presenting and defending the analysis internally to senior managers and in credit/ratings committees, and externally to banks
leading preparation of externally published comprehensive transaction reports
managing the process that involves multiple internal and external parties and work-streams
Conduct property site inspections throughout the U.S. and related management meetings
You will be successful in this role if you have:
Bachelor's degree in a relevant field of study. Advanced degree and successful progression towards the CFA designation are pluses.
Five or more years of relevant CRE debt underwriting or CMBS securitization experience.
Credit / underwriting experience across multiple CRE property types
Proficient in conducting extensive analysis in Excel
Possess strong oral and written communications skills
Exceptional attention to detail, with a strong commitment to quality.
Ability to multi-task and manage through multiple compressed timelines. Be able to work both independently and in a highly collaborative inter-dependent team environment.
Salary Range:
The anticipated annual base salary range for this full-time position is $120,000 to $160,000. 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
Cell phone provided
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).
