ABS Commercial / Esoteric – Analyst / Senior Analyst (NY / Chicago)
About The Position
KBRA (Kroll Bond Rating Agency) is seeking a 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 should have a strong interest in ABS. Knowledge in commercial ABS asset classes (including, for example, data centers, communications infrastructure, equipment, or aviation) is preferred, though not required. An Analyst within the ABS group will be a part of the transaction rating team, working with other members of the team through all aspects of the rating process from collateral analysis to report publication.
Requirements
- Bachelor's degree required
- Analyst level: Zero to two years of experience in performing credit analysis within the ABS sector at a Rating Agency, Buy-Side Investor, Credit Research, or similar environment.
- Senior Analyst level: Minimum of two or more years of experience in performing credit analysis within the ABS sector at a Rating Agency, Buy-Side Investor, Credit Research, or similar environment.
- Exceptional attention to detail.
- Strong oral and written communications skills (writing sample on request).
- 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.
Nice To Haves
- Proficient with relevant financial modeling software (e.g. Intex) is a plus.
- Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus.
Responsibilities
- 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.
- Assist in the preparation of credit memoranda and presentation of transactions to rating committees.
- Prepare and contribute to individual transaction reports for publication.
- Assist in the publication of market commentaries related to topical events or research.
- Engage in ongoing surveillance of rated transactions and updating ratings as warranted.
- Attend and participate in seller/servicer due diligence.
- Willingness to travel as needed.
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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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Number of Employees
501-1,000 employees
