ABS Commercial / Esoteric – Analyst / Senior Analyst (NY / Chicago)
About The Position
KBRA is seeking a credit analyst to join its Commercial Asset-Backed Securities (ABS) team in either its New York City or Chicago office. The analyst will work as part of a transaction rating team and contribute to all stages of the rating process, from collateral analysis through report publication. Familiarity with commercial ABS asset classes such as data centers, communications infrastructure, equipment, or aviation is preferred but not required. The role includes transaction analysis, rating committee preparation, publication of reports and market commentary, and surveillance of rated transactions. Travel may be required as needed.
Requirements
- Bachelor's degree required.
- For Analyst level: zero to two years of experience performing credit analysis within the ABS sector at a rating agency, buy-side investor, credit research organization, or similar environment.
- For Senior Analyst level: at least two years of experience performing credit analysis within the ABS sector at a rating agency, buy-side investor, credit research organization, or similar environment.
- Exceptional attention to detail.
- Strong oral and written communication skills; a writing sample may be requested.
- Strong Excel skills; an Excel test may be administered during the interview process.
- Ability to take initiative, work independently, and collaborate closely with partners.
- Willingness to travel as needed.
Nice To Haves
- Knowledge of commercial ABS asset classes, including data centers, communications infrastructure, equipment, or aviation.
- Proficiency with relevant financial modeling software such as Intex.
- Familiarity with generative AI tools such as ChatGPT for research, data insights, and general productivity.
Responsibilities
- Conduct and assist with transaction analysis, including originator and servicer evaluation, collateral performance analysis, bond-structure modeling and analysis, and review of legal structures and documentation.
- Assist in preparing credit memoranda and presenting transactions to rating committees.
- Prepare and contribute to individual transaction reports for publication.
- Assist with publishing market commentary related to topical events or research.
- Conduct ongoing surveillance of rated transactions and update ratings as warranted.
- Attend and participate in seller and servicer due diligence.
- Travel as needed.
Benefits
- Hybrid work schedule, with in-office work Tuesday through Thursday.
- Competitive benefits and paid time off.
- Paid family and disability leave.
- 401(k) plan with employer match; employer contributions are 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
