ABS Consumer - Director (NY/ Chicago)

The role

You will analyze consumer asset-backed securities (ABS) transactions, including originator and servicer evaluation, collateral performance, bond structure and legal documentation. You will lead as the primary analyst and client contact, prepare credit memoranda for rating committees, and mentor junior staff.

What you will do

• Conduct and assist in transaction analysis, including originator and servicer evaluation, collateral performance, bond structure modeling and legal documentation review.
• Serve as lead analyst and primary contact with clients, deal arrangers and investors.
• Prepare and present credit memoranda to rating committees and contribute to transaction reports for publication.
• Lead development of new rating methodologies as needed, plus topical research and market commentaries.
• Surveil and monitor outstanding transactions and update ratings as warranted.
• Attend and lead discussions at investor meetings or industry events.

Required qualifications

• Bachelor's degree.
• More than ten years of demonstrated credit analysis experience in the ABS sector at a rating agency, buy-side investor, credit research or similar environment.
• Strong Excel skills. An Excel test may be part of the interview process.
• Ability to take initiative, work independently and work closely with partners.
• Strong analytical skills for transaction evaluation, including loan credit risk and asset and bond cash flow analysis.
• Proficiency with financial modeling software such as Intex.
• Strong oral and written communication skills. A writing sample may be requested.
• Exceptional attention to detail.

Nice to have

• Familiarity with generative AI tools such as ChatGPT for research, data insights and productivity.

Benefits

• Hybrid work schedule
• Competitive benefits and paid time off
• Paid family and disability leave
• 401(k) plan with employer match, 100% vested
• Educational and professional development financial assistance
• Employee referral bonus program

Before you apply

• An Excel test may be administered during the interview process.
• A writing sample is requested on request.

About the company

Kroll Bond Rating Agency (KBRA) is a full-service credit rating agency registered with the U.S. SEC as an NRSRO, with affiliates registered in Europe and the UK. It is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.