CMBS New Issuance – Director / Senior Director (NY / Chicago)

The role

This person will conduct credit analysis and lead transaction execution for CMBS New Issuance ratings. They will author published reports and present analysis for various CMBS transaction types.

What you will do

• Conduct commercial real estate property cash flow, valuation, and loan credit analysis.
• Lead end-to-end execution of transactions.
• Present and defend analysis internally to senior managers and committees and externally to banks.
• Lead preparation of externally published comprehensive transaction reports.
• Manage processes involving multiple internal and external parties and work-streams.
• Conduct property site inspections throughout the U.S. and related management meetings.
• Manage and/or mentor junior members of the team.
• Review cash flow analyses, asset summaries, and presale reports.
• Represent KBRA in conferences, issuer and investor meetings, and industry panels.
• Lead or participate in development of frameworks and methodologies for emerging asset classes.

Required qualifications

• Bachelor’s degree in a relevant field of study.
• 10+ years of relevant CRE debt underwriting or CMBS securitization experience for Director level.
• 15+ years of relevant CRE debt underwriting or CMBS securitization experience for Senior Director level.
• Credit / underwriting experience across multiple CRE property types.
• Proficient in conducting extensive analysis in Excel.
• Strong oral and written communications skills.
• Exceptional attention to detail.
• Ability to multi-task and manage through multiple compressed timelines.
• Ability to work both independently and in a highly collaborative inter-dependent team environment.

Nice to have

• Advanced degree
• Successful progression towards the CFA designation
• Familiarity with Generative AI tools such as ChatGPT

Benefits

• Hybrid work schedule (Tuesday, Wednesday, Thursday in the office)
• Competitive benefits
• 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.