ABS Consumer - Associate at KBRA

Kroll Bond Rating Agency (KBRA) is seeking an experienced credit analyst to join its Asset-Backed Securities (ABS) team in New York, NY. The role involves engaging in all aspects of the rating process, from collateral analysis to report publication.

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.
• 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.
• Serve as secondary contact to investors and clients or structuring banks, working under the guidance and direction of senior team members.
• Engage in ongoing surveillance of rated transactions and updating ratings as warranted.
• Attend and participate in seller/servicer due diligence, investor discussions, or industry events (which, in some cases, may require travel).

Requirements:

• B.A. / B.S. degree in a relevant field of study.
• Minimum of three (3) to five (5) years of demonstrated experience in credit analysis within the ABS sector at a Rating Agency, Buy-Side Investor, Credit Research, or similar environment.
• Strong Excel skills (excel test may be administered as part of the interview process)
• Strong analytical skills relating to transaction evaluation, including loan credit risk assessment and analysis of asset and bond cash flows.
• Proficient with relevant financial modeling software (e.g. Intex)
• Strong oral and written communications skills (writing sample on request).
• Exceptional attention to detail.
• Ability to take initiative, work independently, and work closely with partners in a collaborative environment.
• Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus.

KBRA offers:

• 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