ABS Commercial / Esoteric – Analyst / Senior Analyst (NY / Chicago)

The role

A credit analyst will join the Commercial Asset-Backed Securities team. The role involves working through all aspects of the rating process from collateral analysis to report publication.

What you will do

• Conduct and assist in transaction analysis including originator/servicer evaluation, collateral performance analysis, modeling and analysis of bond structure, and review of legal structure and documen
• 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

• Bachelor's degree
• Analyst level: Zero (0) to two (2) years of experience in performing credit analysis within the ABS sector at a Rating Agency, Buy-Side Investor, Credit Research, or similar environment.
• Senior Analyst level: Minimum of two (2) or more years of experience in performing credit analysis within the ABS sector at a Rating Agency, Buy-Side Investor, Credit Research, or similar environment.
• Exceptional attention to detail.
• Strong oral and written communications skills.
• Strong Excel skills.
• Ability to take initiative, work independently, and work closely with partners in a collaborative environment.

Nice to have

• Knowledge in commercial ABS asset classes (including, for example, data centers, communications infrastructure, equipment, or aviation)
• Proficient with relevant financial modeling software (e.g. Intex)
• 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

• Writing sample on request
• Excel test may be administered as part of the interview process

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.