Chicago)

KBRA•Chicago, IL

2h•$160,000 - $190,000•Hybrid

About The Position

KBRA (Kroll Bond Rating Agency) is seeking an experienced credit analyst to join our Asset-Backed Securities (ABS) team in our New York or Chicago office. The ideal candidate will have meaningful experience across commercial/esoteric ABS sectors including equipment ABS. A Director within the ABS group holds an integral role on the transaction rating team, engaging in all aspects of the rating process from collateral analysis to report publication and managing and mentoring junior staff.

Requirements

More than eight (8) years of demonstrated experience in credit analysis within the ABS sector at a rating agency, buy-side investor, credit research, or similar environment. Direct experience in equipment ABS is a must.
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.
Strong analytical skills relating to transaction evaluation, including asset credit risk assessment, and analysis of asset and bond cash flows.
Demonstrated ability to make independent, well-reasoned credit decisions under time-sensitive conditions.
Proficient with relevant financial modeling software (e.g. Intex)
Strong oral and written communications skills (writing sample on request).
Exceptional attention to detail.

Nice To Haves

Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus.

Responsibilities

Conduct transaction analysis including originator/servicer evaluation, collateral performance and loan pool analysis, modeling and analysis of bond structure, and review of legal structure and documentation.
Serve as lead analyst and primary contact with clients, deal arrangers and investors on transactions.
Prepare or assist in the preparation of credit memoranda and presentation of transactions to rating committees, and transaction reports for publication.
Lead the development of rating methodologies (as necessary), and special topic and market commentaries.
Surveil and monitor rated transactions and update existing ratings as warranted.
Attend and participate in investor discussions or industry events (which may require travel).
Manage a team of junior analysts, mentoring and fostering their professional development.