Structured Credit - Associate (NY)
Position Title: Structured Credit - Associate (NY)
Entity: Kroll Bond Rating Agency, LLC
Employment Type: Full-time
Location: New York, New York, United States
Summary/Overview:
KBRA (Kroll Bond Rating Agency, LLC) is seeking an Associate to join our growing Structured Credit Ratings team in the New York office with a focus on rating securitizations of public and private corporate credit. The Structured Credit team assigns and monitors credit ratings on various transactions including broadly syndicated and middle market collateralized loan obligations (CLOs), warehouses, private credit facilities, and other types of collateralized debt obligations (CDOs). A strong candidate will have experience and interest in structured finance, corporate credit, or other credit strategies.
About the Job:
- Perform transaction analysis including portfolio default analysis, collateral manager evaluations, cash-flow analysis of transaction structures, and review of legal structures and documentation.
- Preparing credit memoranda and presenting transactions to rating committees.
- Assist in the development and publication of individual transactions reports, credit research and special topic and market commentaries.
- Work with the surveillance team in monitoring and updating ratings on existing transactions.
- Willingness to travel as needed
You will be successful in this role if you have:
- Bachelor's degree required; advanced degree or CFA a plus
- 3-5+ years of demonstrated success in performing credit analysis on Structured Credit / CLOs in rating agency, buy-side, credit research, banking or other similar environments.
- Strong oral and written communications skills.
- Advanced Excel and Intex skills.
- Ability to take initiative and work independently, as well as work closely with partners in a collaborative environment.
- 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 $90,000 to $115,000. 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 Us:
Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority pursuant to the Temporary Registration Regime. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.
More Info:
KBRA encourages applications from all qualified individuals without regard to race, color, religion, gender, sexual orientation, gender identity or expression, age, national origin, marital status, citizenship, disability, and veteran status or any other basis prohibited by federal, state or local law.
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