Corporate Credit Funds - Associate / Associate Director (London)

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 including evaluation of capital structures, legal protections, and cash flow dynamics.
• Assist in the analysis of 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 across structured credit, corporate finance, financial institutions, and ABS.
• Contribute to credit research and publications related to corporate portfolio finance, direct lending, and structured credit markets.

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 flexible hybrid work schedule – Tuesdays, Wednesdays, Thursdays in the office
• Competitive benefits and paid time off
• Pension plan
• 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. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority.