Funds Ratings - Associate / Associate Director (Chicago)

The role

The Funds team assigns and monitors credit ratings on various debt instruments issued by funds, closed-end funds, and other fund vehicles. This role involves credit research, developing analytical tools, and participating in diligence meetings with fund management teams.

What you will do

• Assist with credit research on a variety of funds, closed-end funds, and other investment vehicles.
• Assist with the development of rating and analytical tools such as cash flow and asset coverage models.
• Assist in the quantitative and qualitative preparation and presentation of internal credit memos and publications.
• Participate in diligence meetings with fund management teams.
• Develop and maintain complex spreadsheets and databases.
• Collaborate with KBRA experts in other sectors.
• Assist in research for internal and publication purposes.
• Associate Directors will independently lead credit ratings process and research efforts.
• Associate Directors will lead or assist in the development of rating and analytical tools.

Required qualifications

• Bachelor’s degree in Finance, Business, or Math related fields or any subject that results in strong analytical skills.
• Ability to work as an integral part of a highly collaborative team and across disciplines.
• Ability to manage time and resources in a fast-growing company.
• Effective oral and written communications skills.
• Proficiency in Advanced Excel.
• Extremely high attention to detail.

Nice to have

• Four (4) to Eight (8) years of work experience as a credit analyst with experience in fund lending, investing, or structured finance
• Ability to cash flow model
• Proficiency in SQL and VBA for querying databases
• Successful progression towards CFA
• Familiarity with Generative AI tools such as ChatGPT

Benefits

• A hybrid work schedule (Tuesday, Wednesday and Thursdays 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

About the company

Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.