ABS Commercial / Esoteric - Director (NY / Chicago) at KBRA

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

15 Apr, 26

Salary

190000.0

Posted On

15 Jan, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Analysis, Asset-Backed Securities, Collateral Analysis, Transaction Evaluation, Excel Skills, Financial Modeling, Analytical Skills, Communication Skills, Attention to Detail, Generative AI Tools, Team Management, Mentoring, Independent Decision Making, Client Interaction, Legal Structure Review, Market Commentary

Industry

Financial Services

Description

Position Title: ABS Commercial / Esoteric - Director (NY/Chicago) Entity: Kroll Bond Rating Agency, LLC Employment Type: Full-time Location: New York, NY Summary/Overview: KBRA (Kroll Bond Rating Agency) is seeking an experienced credit analyst to join our Asset-Backed Securities (ABS) team in our New York or Chicago office. The ideal candidate will have meaningful experience across commercial/esoteric ABS sectors including equipment ABS. A Director within the ABS group holds an integral role on the transaction rating team, engaging in all aspects of the rating process from collateral analysis to report publication and managing and mentoring junior staff. Job Responsibilities: Conduct transaction analysis including originator/servicer evaluation, collateral performance and loan pool analysis, modeling and analysis of bond structure, and review of legal structure and documentation. Serve as lead analyst and primary contact with clients, deal arrangers and investors on transactions. Prepare or assist in the preparation of credit memoranda and presentation of transactions to rating committees, and transaction reports for publication. Lead the development of rating methodologies (as necessary), and special topic and market commentaries. Surveil and monitor rated transactions and update existing ratings as warranted. Attend and participate in investor discussions or industry events (which may require travel). Manage a team of junior analysts, mentoring and fostering their professional development. Successful candidates will possess the following: More than eight (8) years of demonstrated experience in credit analysis within the ABS sector at a rating agency, buy-side investor, credit research, or similar environment. Direct experience in equipment ABS is a must. Strong Excel skills (excel test may be administered as part of the interview process) Ability to take initiative, work independently, and work closely with partners in a collaborative environment. Strong analytical skills relating to transaction evaluation, including asset credit risk assessment, and analysis of asset and bond cash flows. Demonstrated ability to make independent, well-reasoned credit decisions under time-sensitive conditions. Proficient with relevant financial modeling software (e.g. Intex) Strong oral and written communications skills (writing sample on request). Exceptional attention to detail. Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus. Salary Range: The anticipated annual base salary range for this full-time position is $160,000 to $190,000. Offer amounts are determined by factors such as experience, skills, geography, and other job-related factors. 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 About Us: 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 Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority pursuant to the Temporary Registration Regime. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider. More Info: KBRA encourages applications from all qualified individuals without regard to race, color, religion, gender, sexual orientation, gender identity or expression, age, national origin, marital status, citizenship, disability, and veteran status or any other basis prohibited by federal, state or local law. #LI-DG1 #LI-HYBRID

Responsibilities

The Director will conduct transaction analysis, serve as the lead analyst and primary contact with clients, and prepare credit memoranda and reports. They will also manage a team of junior analysts and lead the development of rating methodologies.