Structured Credit - Associate (NY)

Job Description

Kroll Bond Rating Agency (KBRA) is seeking a Structured Credit Associate to join their team in New York. This role focuses on rating securitizations of public and private corporate credit, including CLOs and CDOs. The associate will perform transaction analysis, prepare credit memoranda, and contribute to research and market commentaries. They will also monitor and update ratings on existing transactions.Role involves:

• Performing transaction analysis, including portfolio default analysis.
• Evaluating collateral managers.
• Conducting cash-flow analysis of transaction structures.
• Reviewing legal structures and documentation.
• Preparing credit memoranda and presenting transactions to rating committees.
• Assisting in the development and publication of transaction reports and market commentaries.
• Monitoring and updating ratings on existing transactions.

Requirements:

• Bachelor's degree required; advanced degree or CFA a plus.
• 3-5+ years of experience in credit analysis on Structured Credit / CLOs.
• Strong oral and written communication skills.
• Advanced Excel and Intex skills.
• Ability to work independently and collaboratively.
• Familiarity with Generative AI tools is a plus.

KBRA offers:

• A hybrid work schedule (Tuesday, Wednesday, Thursday in the office).
• Competitive benefits and paid time off.
• Paid family and disability leave.
• 401(k) plan with employer match.
• Educational and professional development financial assistance.
• Employee referral bonus program.