RMBS - Analyst / Senior Analyst (NY)

KBRA • New York, NY

4h • $75,000 - $95,000 • Hybrid

About The Position

KBRA (Kroll Bond Rating Agency) is seeking a credit analyst to join our Residential Mortgage-Backed Security (RMBS) team in the New York, NY office. The ideal candidate will have experience in RMBS, knowledge of the residential mortgage sector, or experience in a related field. An Analyst within the RMBS group is part of the transaction rating team, working with other members of the team through all aspects of the rating process from collateral analysis to report publication.

Requirements

• B.A. / B.S. degree in a relevant field of study.
• Analyst level: Zero to two years of experience in performing credit analysis within the ABS sector at a Rating Agency, Buy-Side Investor, Credit Research, or similar environment.
• Senior Analyst level: Either a minimum of two or more years of experience in performing credit analysis within the ABS sector at a Rating Agency, Buy-Side Investor, Credit Research, or similar environment or an advanced degree such as an MBA.
• Strong Excel skills (excel test may be administered as part of the interview process).
• Strong oral and written communications skills (writing sample on request).
• Exceptional attention to detail.
• Ability to take initiative, work independently, and work closely with partners in a collaborative environment.

Nice To Haves

• VBA, Python, R and SQL skills are a plus.
• Familiarity with resi-mortgage datasets and tools such as CoreLogic, Fannie/Freddie Single Family Data, Intex etc. is a plus.
• Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus.

Responsibilities

• Perform transaction analysis including originator/servicer evaluation, loan pool analysis, modeling and analysis of bond structure, and review of legal structure and documentation.
• Assist in the preparation of credit memoranda and presentation of transactions to rating committees.
• Prepare and contribute to individual transaction reports for publication.
• Assist in the publication of market commentaries related to topical events or research.
• Engage in ongoing surveillance of rated transactions and updating ratings as warranted.
• Attend and participate in seller/servicer due diligence (which, in some cases, may require travel).

Benefits

• A hybrid work schedule (Tuesday, Wednesday, Thursday in the office)
• Competitive benefits and paid time off
• Paid family and disability leave
• 401(k) plan, including employer match (100% vested)
• Educational and professional development financial assistance
• Employee referral bonus program

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 501-1,000 employees