Project Finance & Infrastructure - Director / Senior Director (NY)

KBRA•New York, NY

11h•$140,000 - $250,000•Hybrid

About The Position

Kroll Bond Rating Agency (KBRA) is seeking a Director or Senior Director to join its Project Finance & Infrastructure Ratings team within the Project Finance & Infrastructure group. The successful candidate will lead and oversee new rating assignments and ongoing surveillance across a range of project finance and infrastructure sectors. The role carries senior analytical responsibility for complex and high-profile transactions, including development of rating recommendations, leadership of rating committee discussions, and oversight of portfolio surveillance. The successful candidate will also provide sector and methodological leadership, maintain senior-level relationships with market participants, mentor and develop analytical staff, and contribute to the strategic growth of KBRA’s Project Finance & Infrastructure franchise. This position is based in KBRA’s New York City office.

Requirements

Bachelors degree required
Lead complex and high-profile new rating assignments across project finance and infrastructure sectors, including renewable energy, conventional power, transportation, digital infrastructure, social infrastructure, and public-private partnerships (PPPs).
Provide senior analytical oversight of project cash flows, financial models, transaction structures, legal and contractual frameworks, technical considerations, and key construction, operational, counterparty, regulatory, market, and refinancing risks.
Direct the review and challenge of sponsor financial models and the development of independent analytical cases, sensitivities, and downside stress scenarios.
Develop final analytical recommendations, lead rating committee discussions, and oversee the preparation of rating reports, press releases, and other rating-related publications.
Oversee surveillance for an assigned portfolio and lead analytical coverage of one or more infrastructure sectors, including identification of emerging credit risks, structural developments, and market trends.
Lead senior-level analytical interactions with issuers, project sponsors, developers, lenders, institutional investors, financial advisors, and other market participants.
Lead or contribute to the development and enhancement of rating methodologies, analytical frameworks, and processes while promoting analytical consistency across the team.
Develop sector research, market commentary, and thought leadership, and represent KBRA at conferences, webinars, investor meetings, and other industry events.
Mentor and develop junior and mid-level analytical staff and support recruiting, training, and broader talent development initiatives.
Contribute to strategic initiatives and collaborate with Business Development and other internal teams to support the continued growth of KBRA’s Project Finance & Infrastructure franchise while maintaining appropriate separation between analytical and commercial activities.

Nice To Haves

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

Responsibilities

Lead the analysis of complex and high-profile new rating assignments and oversee ongoing surveillance across project finance and infrastructure sectors, including renewable energy, conventional power, transportation, digital infrastructure, social infrastructure, and public-private partnerships (PPPs).
Provide senior analytical oversight of project cash flows, financial models, transaction structures, legal and contractual frameworks, engineering and technical considerations, and other material credit factors.
Direct the review and challenge of sponsor financial models and the development of independent analytical cases, sensitivities, and downside stress scenarios.
Lead the assessment of construction, operational, counterparty, regulatory, market, refinancing, and other material project risks and determine their impact on credit quality.
Develop final analytical recommendations and chair or serve as lead presenter for rating committees on complex project finance and infrastructure transactions.
Review and provide senior analytical oversight of rating reports, press releases, surveillance reports, and other rating-related publications.
Oversee surveillance strategy for an assigned portfolio, ensuring timely identification and assessment of material credit developments and appropriate rating actions.
Lead senior-level analytical interactions with issuers, project sponsors, developers, lenders, institutional investors, financial advisors, and other market participants.
Lead analytical coverage of one or more project finance and infrastructure sectors and identify emerging risks, structural developments, and market trends.
Lead or make significant contributions to the development and enhancement of rating methodologies, criteria, analytical frameworks, and processes, while promoting analytical consistency across the team.
Develop and publish sector research, market commentary, and thought leadership.
Represent KBRA at conferences, webinars, investor meetings, and other industry events.
Mentor and develop Analysts, Senior Analysts, Associates, and Associate Directors and support recruiting, training, and talent development.
Contribute to strategic initiatives and the continued development of KBRA’s Project Finance & Infrastructure platform.