Full-Time

Director / Senior Director of Corporate Credit Assessment

Posted on 4/28/2026

Kroll Bond Rating Agency

Kroll Bond Rating Agency

501-1,000 employees

Structured finance credit ratings and research

Compensation Overview

$160k - $210k/yr

New York, NY, USA

Hybrid

Hybrid with 3 in-office days per week (Tue-Thu) in New York, NY.

Bachelor's, Master's

Category
Finance & Banking (2)
,
Required Skills
Word/Pages/Docs
Fixed Income Securities
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides

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Requirements
  • Bachelor’s degree in any subject that prepared you to be a thoughtful qualitative and quantitative analyst and a strong writer.
  • Master’s degree is preferred, including postgraduate professional certifications, such as the Chartered Financial Analyst (Chartered Financial Analyst) designations.
  • Minimum of 10 or more years in an investment research or similar financial analyst roles within a bank or other financial institution and prior fundamental credit training (including financial statement analysis).
  • Experience with corporate financial statements including 10-Ks, 10-Qs.
  • Ability to conduct due-diligence and interact with clients as part of the assessment process.
  • Solid understanding of capital markets and relevant experience in credit, fixed income research or capital markets; direct and relevant experience in the private credit industry is preferred.
  • Strong communication skills (verbal and written) and proven ability to work both independently and as a team.
  • Prior managerial experience, with an emphasis on growing and developing the analytical skills of junior analysts.
  • Experience with Microsoft Office Excel, Microsoft Word and PowerPoint.
  • Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus.
Responsibilities
  • Analyze financial statements and creditor agreements to identify key strengths and weaknesses and use findings to inform credit assessments.
  • Provide and review credit assessments on corporates based on an analysis of their financial statements. Write rationale to defend assessments and present analysis to internal and external stakeholders.
  • Assist senior team members with key initiatives in areas including methodology development and research.
  • Collaborate on writing and publishing timely research about corporate credit trends, markets, and any other topics relevant to KBRA clients. Analysts are encouraged to bring ideas to their managers on an ongoing basis. You may see your work published on the KBRA website!
  • Work in partnership with professionals in other KBRA sectors daily to meet client deadlines and deliver the best-in-class work for which KBRA has been recognized.
  • Develop a deep understanding of variables that impact corporate credit and credit risk. Gain experience and understanding in how market fluctuations directly impact a company’s bottom line and risk profile.
Desired Qualifications
  • Master’s degree is preferred; including postgraduate professional certifications such as the Chartered Financial Analyst designation.
  • Direct and relevant experience in the private credit industry is preferred.
  • Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus.
Kroll Bond Rating Agency

Kroll Bond Rating Agency

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KBRA provides independent credit ratings and research for the structured finance market. It operates as a Nationally Recognized Statistical Ratings Organization (NRSRO) and covers asset-backed securities (ABS), commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities (RMBS). Its products include credit ratings and research reports that assess the default risk of various financial instruments. Revenue comes from KBRA Premium subscription services that grant unlimited access to ratings, research, and analytical tools, along with specialized research offerings. How it works: KBRA evaluates the credit risk of structured finance assets and assigns ratings that indicate the likelihood of default. Clients—institutional investors, issuers, and intermediaries—use these ratings and reports to make informed investment and risk decisions. The Premium service provides ongoing access to ratings and analytical tools."

Company Size

501-1,000

Company Stage

Series C

Total Funding

$15M

Headquarters

New York City, New York

Founded

2010

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Simplify Jobs

Simplify's Take

What believers are saying

  • KBRA rated Cologix's $234.2 million Canadian data center ABS on 7 August 2026.
  • KBRA issued multiple CMBS and RMBS preliminary ratings on 10-11 August 2026.
  • KBRA's Q1 2026 private-credit compendium covered 2,481 borrowers and $1 trillion debt.

What critics are saying

  • KBRA's study found 48% of sponsor-backed borrowers posted negative operating cash flow in Q1 2026.
  • July 2026 CMBS issuance fell to 10 deals from 18 in June.
  • A prolonged private-credit downturn would cut ratings volume and pressure KBRA's transaction-fee model.

What makes Kroll Bond Rating Agency unique

  • Bloomberg added KBRA to CMBS index methodology in June 2026.
  • KBRA Analytics launched borrower-level private credit benchmarking in March 2026.
  • KBRA rates ABS, CMBS, RMBS, CLOs, and public infrastructure bonds daily.

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Benefits

Hybrid Work Options

Paid Vacation

Paid Family and Disability Leave

401(k) Retirement Plan

401(k) Company Match

Professional Development Budget

Employee Referral Bonus

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-2%

2 year growth

0%
Associated Press
Aug 11th, 2026
KBRA assigns preliminary ratings to Cologix's $234M Canadian data centre ABS issuance

KBRA has published preliminary ratings for Cologix Canadian Issuer Limited Partnership's Series 2026-1/2 notes, marking the company's third Canadian asset-backed securities issuance. The agency assigned preliminary ratings ranging from A- (sf) to BB- (sf) across four note classes on 7 August 2026. The notes are secured by 21 operational Canadian data centres generating approximately $234.2 million in total annualised revenue and $150.2 million in annualised adjusted net operating income as of 31 March 2026. The facilities are located in Montréal, Toronto, and Vancouver. The portfolio comprises four owned and 17 leased multi-customer enterprise data centres serving approximately 615 customers. The largest customer accounts for 21.7% of annualised revenue, whilst cloud services represent the largest industry segment at 46.8%.

Associated Press
Jul 6th, 2026
KBRA assigns preliminary ratings to GLS Auto's $257M near-prime auto loan securitization

Kroll Bond Rating Agency has assigned preliminary ratings to five classes of notes issued by GLS Auto Select Receivables Issuer Trust 2026-3, an auto loan asset-backed securities transaction. The notes total $257.08 million and are collateralised by retail automobile contracts made to near-prime borrowers secured by new and used vehicles. This represents the 12th near-prime term ABS securitisation for Global Lending Services, which is majority-owned by affiliates of Sixth Street Partners. GLS reported net income of approximately $114.9 million for Q1 2026. As of 31 March 2026, the company had total assets of approximately $12.0 billion and total members' equity of $1.3 billion. Credit enhancement includes overcollateralisation, subordination of junior note classes, a cash reserve account, and excess spread.

FinancialContent
Jun 9th, 2026
KBRA releases CREFC June Conference 2026: Day 1 recap.

KBRA releases CREFC June Conference 2026: Day 1 recap. Published at June 9th 2026, 12:22 PM EDT via Business Wire i This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness. KBRA Credit Profile (KCP), a division of KBRA Analytics, releases its Day 1 recap of the CRE Finance Council (CREFC) June Conference 2026 held in New York City. Audiences listened as industry leaders discussed the challenges and opportunities facing commercial real estate (CRE) within the current macroeconomic environment. Key Takeaways * Office remains the primary driver of rising commercial mortgage-backed securities (CMBS) delinquency rates, with refinancing challenges and maturity stress continuing to weigh on the sector. * A/B note splits have reemerged as an important workout tool, although resolution strategies remain highly deal-specific and must account for collateral type, transaction structure, borrower capital support, and timing constraints. * Today's higher-cost capital environment requires a more targeted investment approach, with borrowers and investors prioritizing asset quality, location, income growth, and execution certainty. * Data centers and digital infrastructure remain a dominant investment theme, but underwriting risks are receiving greater scrutiny. * Private credit has become a permanent source of CRE capital and continues to grow in importance, despite negative headlines around the broader private credit market. * CMBS issuance remains resilient despite macro uncertainty, with single-asset single borrower (SASB) and CRE collateralized loan obligation (CLO) transactions leading market activity. * Geopolitical tensions and trade policy uncertainty are creating additional CRE headwinds, with tariffs, energy costs, and capital flow volatility increasing construction costs and execution risk. About KBRA KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions. Doc ID: 1015442 Steve Kuritz, Senior Managing Director, KBRA Analytics +1 215-882-5866 [email protected] Media Contact Adam Tempkin, Senior Director of Communications +1 646-731-1347 [email protected] Report this content If you believe this article contains misleading, harmful, or spam content, please let us know.

Yahoo Finance
Jun 1st, 2026
EBITDA growth masks cash crunch at US private credit borrowers

Private credit borrowers are reporting strong earnings growth, but a Kroll Bond Rating Agency study reveals troubling cash flow dynamics. The analysis of over 2,400 sponsor-backed middle-market borrowers found that whilst median EBITDA grew 27% over two years through Q1 2026, operating cash flow rose just 8%. The median ratio of operating cash flow to EBITDA dropped to 21% from 33% two years ago, with 48% of borrowers now reporting negative operating cash flow, up from 39% previously. Interest coverage based on operating cash flow stands at just 0.3x, suggesting borrowers have minimal cash after debt servicing. Companies are increasingly drawing on revolving credit facilities or seeking equity injections. The hardest-hit sectors include beverage and food, electrical equipment, and chemicals.

Trade Show News
May 21st, 2026
KBRA credit ratings to be included in Bloomberg CMBS index methodology.

KBRA credit ratings to be included in Bloomberg CMBS index methodology. NEW YORK-(BUSINESS WIRE)-KBRA today announced that its credit ratings will be incorporated into Bloomberg Index Services Limited's CMBS index rating methodology, effective with the June 2026 month-end index rebalance. The Bloomberg CMBS index is a widely followed benchmark used by institutional investors to track the performance of U.S. commercial mortgage-backed securities and support portfolio construction, risk management, and relative value analysis. The index includes more than 2,300 securities representing nearly $447 billion in market value, based on Bloomberg data as of March 31, 2026. KBRA will become the fourth rating agency included in the Bloomberg CMBS index rating methodology, which incorporates ratings from multiple agencies within a rules-based framework designed to promote consistency and transparency in index construction. "KBRA's inclusion in the Bloomberg CMBS index rating methodology reflects the growing reliance investors place on our ratings, surveillance, and credit insights across the structured finance market," said Kate Kennedy, Chief Corporate Strategy Officer at KBRA. "As an investor-focused rating agency, KBRA is committed to providing transparent, data-driven credit opinions that investors have come to rely on in their investment and risk management processes. Our inclusion in the index further expands investors' ability to incorporate KBRA ratings into their analysis and portfolio decisions." About KBRA KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions. Doc ID: 1015092 Contacts. Media Contact Adam Tempkin, Senior Director of Communications +1 646-731-1347 [email protected] More News From Kroll Bond Rating Agency, LLC NEW YORK-( BUSINESS WIRE )-KBRA assigns a long-term rating of AA to the Department of Water and Power of the City of Los Angeles, CA Power System Revenue Bonds, 2026 Series B. The Outlook is Stable. The long-term rating reflects the stable operating and financial performance of the Power System of the Los Angeles Department of Water and Power ("LADWP"), which benefits from a large, mostly residential service area, with rising, though still affordable customer rates, a diverse generation mix, an... NEW YORK-( BUSINESS WIRE )-KBRA releases a recap of its Esoteric ABS Forum: Sectors in Bloom, an event focused on the key trends shaping today's commercial asset-backed securities (ABS) sectors. The forum, which was held on May 19, brought together market participants from across the ABS ecosystem for a series of panels covering the music, fiber, communication infrastructure, and whole business sectors. The program opened with remarks from Rosemary Kelley, KBRA's Head of Structured Finance Busi... LONDON-( BUSINESS WIRE )-KBRA UK (KBRA) assigns preliminary ratings to five classes of notes issued by RRE 29 Loan Management DAC, a cash flow collateralised loan obligation (CLO) backed primarily by a diversified portfolio of Euro-denominated corporate loans. RRE 29 Loan Management DAC is managed by Redding Ridge Asset Management (UK) LLP ("RRAM UK" or the"collateral manager"). The CLO will have a 4.5-year reinvestment period and a 14.5-year legal final. The ratings reflect initial credit enha...

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