Funds Ratings - Director (NY)

The role

The Director will assign and monitor credit ratings on various debt instruments issued by funds. This includes evaluating financing instruments like subscription credit lines, NAV-based loans, and feeder fund rated notes.

What you will do

• Lead new issuance rating process.
• Interact with issuers and conduct due diligence meetings.
• Prepare rating memos and new issuance reports.
• Lead ongoing monitoring and surveillance process.
• Develop and maintain complex spreadsheets and databases.
• Collaborate with KBRA experts in other sectors.
• Supervise and mentor junior team members.
• Lead or assist with the development of analytical tools.
• Represent KBRA at industry conferences, panels, and investor meetings.
• Assist with in-depth credit research and publications.

Required qualifications

• Bachelor’s degree in Finance, Business, or Math related fields or any subject that results in strong analytical skills.
• Eight (8) or more years of work experience in fund finance, investing, or structured finance.
• Experience with investment strategies in private equity, private credit, real estate, infrastructure, and asset-based lending facilities.
• Understanding of subscription lines, NAV financing, hybrid facilities, rated feeders, or other fund finance products.
• Experience reviewing legal documents and strong understanding of liability structures, LTV/advance rates, payment priorities, and structural protections.
• Advanced Proficiency in Excel is required to build and analyze excel based financial models.
• Strong verbal and written communication skills.
• Strong interpersonal skills.
• Ability to manage time and resources in fast-growing company.

Nice to have

• Understanding how assessing creditworthiness applies to rating methodologies is a plus.
• CFA or interest in obtaining CFA a plus
• Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus.

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.