RMBS – Analyst/Senior Analyst/Associate (NY, Chicago)

The role

A credit analyst will join the Residential Mortgage-Backed Security team. The role involves transaction rating processes from collateral analysis to report publication.

What you will do

• Perform transaction analysis including originator/servicer evaluation, loan pool analysis, modeling and analysis of bond structure, and review of legal structure and documentation.
• Assist in the preparation of credit memoranda and presentation of transactions to rating committees.
• Prepare and contribute to individual transaction reports for publication.
• Assist in the publication of market commentaries related to topical events or research.
• Engage in ongoing surveillance of rated transactions and updating ratings as warranted.
• Attend and participate in seller/servicer due diligence.

Required qualifications

• B.A. / B.S. degree in a relevant field of study.
• Analyst level: zero (0) to two (2) years of experience in performing credit analysis within the RMBS sector at a Rating Agency, Buy-Side Investor, Credit Research, or similar environment.
• Senior Analyst/Associate level: minimum of two (2) or more years of experience in performing credit analysis within the RMBS sector at a Rating Agency, Buy-Side Investor, Credit Research, or similar e
• Strong Excel skills.
• Strong oral and written communications skills.
• Exceptional attention to detail.
• Ability to take initiative, work independently, and work closely with partners in a collaborative environment.

Nice to have

• VBA, Python, R and SQL skills
• Familiarity with resi-mortgage datasets and tools such as CoreLogic, Fannie/Freddie Single Family Data, Intex etc.
• Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity

Benefits

• A hybrid work schedule (Tuesday, Wednesday, Thursday 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

Before you apply

• excel test may be administered as part of the interview process
• writing sample on request

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.