CMBS New Issuance - Associate (Chicago)

Job Description

Kroll Bond Rating Agency (KBRA) is seeking a CMBS New Issuance Associate to join their team in Chicago. This role involves conducting credit analysis and assigning credit ratings to various CMBS transactions. The associate will be responsible for transaction execution, including credit analysis, report writing, and presenting analysis.

Responsibilities:

• Conduct commercial real estate (CRE) property cash flow and valuation, and loan credit analysis.
• Lead end-to-end execution of transactions.
• Present and defend the analysis internally to senior managers and in credit/ratings committees, and externally to banks.
• Lead preparation of externally published comprehensive transaction reports.
• Manage the process that involves multiple internal and external parties and work-streams.
• Conduct property site inspections throughout the U.S. and related management meetings.

Requirements:

• Bachelor’s degree in a relevant field of study.
• Three to five years of relevant CRE debt underwriting or CMBS securitization experience.
• Credit / underwriting experience across multiple CRE property types.
• Proficient in conducting extensive analysis in Excel.
• Possess strong oral and written communications skills.
• Exceptional attention to detail, with a strong commitment to quality.
• Ability to multi-task and manage through multiple compressed timelines.
• Be able to work both independently and in a highly collaborative inter-dependent team environment.
• Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus.

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