Corporate Credit Funds - Associate / Associate Director (NY)

The role

The Associate/Associate Director will assign and monitor credit ratings on debt instruments backed by portfolios of middle market corporate loans. The role focuses on private credit and direct lending transactions, including feeder fund rated notes and middle market CLOs.

What you will do

• Assist in the new issuance rating process.
• Analyze portfolios of corporate loans, bonds, and other credit instruments.
• Participate in due diligence meetings with asset managers, direct lenders, arrangers, and issuers.
• Contribute to the preparation of rating memoranda and new issuance reports.
• Support ongoing monitoring and surveillance of outstanding transactions.
• Maintain transaction databases and analytical tools.
• Collaborate with KBRA experts to evaluate cross-sector and hybrid portfolio transactions.
• Contribute to credit research and publications.

Required qualifications

• Bachelor’s degree in Finance, Business, Economics or Math related fields.
• Two (2) to four (4) years of work experience in corporate credit analysis, private credit, direct lending, fund investing, CLO analysis, or structured finance.
• Strong interest in middle market lending and private credit markets.
• Basic understanding of corporate loan structures, capital structures, and credit analysis.
• Proficiency in Excel.
• Strong written and verbal communication skills.
• High attention to detail and ability to manage multiple assignments in a fast-paced environment.
• Ability to manage time and resources in fast-growing company.

Nice to have

• Experience with financial modeling and cash flow analysis
• Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity

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.