Full-Time

ABS Consumer

Associate

Confirmed live in the last 24 hours

Kroll Bond Rating Agency

Kroll Bond Rating Agency

501-1,000 employees

Provides credit ratings and financial research

Quantitative Finance
Financial Services

Compensation Overview

$90k - $130kAnnually

Mid, Senior

New York, NY, USA

Hybrid work schedule with flex hours.

Category
Asset Management
Finance & Banking
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.
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).
Kroll Bond Rating Agency

Kroll Bond Rating Agency

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Kroll Bond Rating Agency (KBRA) provides credit ratings and research services in the financial sector, focusing on structured finance products like Asset-Backed Securities (ABS), Commercial Mortgage-Backed Securities (CMBS), and Residential Mortgage-Backed Securities (RMBS). Their credit ratings help clients, including institutional investors and financial intermediaries, assess the credit risk of various financial instruments, which aids in making informed investment decisions. KBRA differentiates itself from competitors by offering a subscription service called KBRA Premium, which gives subscribers unlimited access to comprehensive ratings, research, and analytical tools specifically for the U.S. structured finance market. The company's goal is to support clients in navigating complex financial markets by providing reliable credit assessments and in-depth research.

Company Stage

Series C

Total Funding

$14.6M

Headquarters

New York City, New York

Founded

2010

Growth & Insights
Headcount

6 month growth

15%

1 year growth

15%

2 year growth

12%
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for ESG ratings offers KBRA new service opportunities.
  • Fintech innovations like Octane's ABS expand KBRA's rating service scope.
  • Complex structured finance products increase demand for KBRA's sophisticated ratings.

What critics are saying

  • Increased competition from agencies like S&P and Moody's threatens market share.
  • Regulatory scrutiny may raise compliance costs for KBRA by 2025.
  • Volatility in CMBS market risks KBRA's ratings accuracy and reputation.

What makes Kroll Bond Rating Agency unique

  • KBRA is a Nationally Recognized Statistical Ratings Organization (NRSRO), ensuring credibility.
  • They offer specialized ratings in Asset-Backed Securities, CMBS, and RMBS.
  • KBRA provides independent and transparent credit ratings, aiding informed investment decisions.

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