Chicago)

KBRA•Chicago, NY

12d•$160,000 - $250,000•Hybrid

About The Position

KBRA is seeking an experienced credit analyst to join its Commercial Asset-Backed Securities (ABS) team. The position is based in either the New York City or Chicago office. The ideal candidate has meaningful experience with commercial ABS asset classes, such as data centers, PDP oil and gas, communications infrastructure, equipment, or aviation. Directors and Senior Directors are integral members of transaction rating teams and participate in all aspects of the rating process, from collateral analysis through publication of reports. They also manage and mentor junior staff. Senior Directors are often expected to act as thought leaders in their subject areas. The anticipated annual base salary range is $160,000 to $250,000. Offers are determined by factors including experience, skills, geography, and other job-related factors. The position follows a hybrid schedule, with employees in the office Tuesday through Thursday.

Requirements

Bachelor’s degree in a relevant field of study.
More than 10 years of demonstrated credit-analysis experience in the ABS sector at a rating agency, buy-side investor, credit research, or similar environment.
Strong Excel skills; an Excel test may be administered during the interview process.
Ability to take initiative, work independently, and collaborate closely with partners.
Strong analytical skills in transaction evaluation, including loan credit-risk assessment and analysis of asset and bond cash flows.
Proficiency with relevant financial modeling software, such as Intex.
Strong oral and written communication skills; a writing sample may be requested.
Exceptional attention to detail.

Nice To Haves

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 evaluations, collateral performance analysis, bond-structure modeling and analysis, and review of legal structures and documentation.
Serve as lead analyst and primary contact for clients, deal arrangers, and investors.
Prepare and present credit memoranda to rating committees and contribute to transaction reports for publication.
Lead 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, and industry events, some of which may require travel.
Manage and mentor junior staff.
As a Senior Director, often serve as a thought leader within a subject area.