Corporate Credit Assessment - Director / Senior Director (NY)

KBRA•New York, NY

1d•Hybrid

About The Position

KBRA (Kroll Bond Rating Agency, LLC) is seeking a Director/Senior Director in the Corporate Credit Assessments Group in the New York office. The candidate must have a strong accounting, corporate finance and high yield credit analysis background to assume a management role in a growing group, including, but not limited to, serving as a senior credit analyst, managing junior credit analysts and contributing to the work process behind credit estimates and credit assessments. The candidate will also focus on conducting and reviewing credit assessments of private companies based on financial statements, creditor agreements and Investment Committee Memos. Solid prior experience at analyzing creditor agreements and an interest in writing and presenting research are key job requirements. The Director/Senior Director will work in a highly collaborative team that liaises with internal and external stakeholders in order to produce high quality and timely corporate credit opinions. The Director/Senior Director will also help conduct credit research on a variety of industrial and service sectors along with developing industry/sector expertise, including key rating factors and credit metrics. Further, the candidate will also have direct involvement in KBRA’s corporate credit assessment process with significant interaction to senior management and executives at leading financial institutions.

Requirements

Bachelor’s degree in any subject that prepared you to be a thoughtful qualitative and quantitative analyst and a strong writer.
Minimum of (10) or more years in an investment research or similar financial analyst roles within a bank or other financial institution and prior fundamental credit training (including financial statement analysis).
Experience with corporate financial statements including 10-Ks, 10-Qs.
Have the ability to conduct due-diligence and interact with clients as part of the assessment process.
Possess a solid understanding of capital markets and relevant experience in credit, fixed income research or capital markets.
Strong communication skills (verbal and written) and proven ability to work both independently and as a team.
Prior managerial experience, with an emphasis on growing and developing the analytical skills of junior analysts
Experience with Microsoft Office Excel, Microsoft Word and PowerPoint.

Nice To Haves

Master’s degree is preferred, including postgraduate professional certifications, such as the Chartered Financial Analyst (CFA) designations.
Research experience is a plus.
Keen interest in writing research.
Direct and relevant experience in the private credit industry is preferred.
Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus.

Responsibilities

Analyze financial statements and creditor agreements to identify key strengths and weaknesses and use findings to inform credit assessments.
Provide and review credit assessments on corporates based on an analysis of their financial statements. Write rationale to defend assessments and present analysis to internal and external stakeholders.
Assist senior team members with key initiatives in areas including methodology development and research.
Collaborate on writing and publishing timely research about corporate credit trends, markets, and any other topics relevant to KBRA clients. Analysts are encouraged to bring ideas to their managers on an ongoing basis. You may see your work published on the KBRA website!
Work in partnership with professionals in other KBRA sectors daily to meet client deadlines and deliver the best-in-class work for which KBRA has been recognized.
Develop a deep understanding of variables that impact corporate credit and credit risk. Gain experience and understanding in how market fluctuations directly impact a company’s bottom line and risk profile.