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Full-Time

Project Finance & Infrastructure

Associate Director/ Director

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

Data & Analytics
Consulting
Consumer Software
Fintech
Financial Services
Real Estate
Defense

Compensation Overview

$120k - $180kAnnually

Senior, Expert

New York, NY, USA

Category
Corporate Finance
Risk Management
Finance & Banking
Required Skills
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in finance, economics, management, or related field.
  • 5 years of prior experience in the offered role or 5+ years of prior experience as a credit risk analyst.
  • Requires 5 years of experience: performing credit analysis in a rating agency, buy-side, credit research, banking, or similar environment; utilizing financial, statistical, and economic analysis skills for financial modeling and cash flow analysis; writing research reports; and presenting research and analysis to senior committee members; creating and modifying project and infrastructure finance models; and using Microsoft Excel, including formulas and shortcuts, to analyze large datasets; and
  • 2 years of experience with: deal execution or credit risk analysis of power and renewables project financings; and deal execution or credit risk analysis of project and infrastructure finance transactions.
Responsibilities
  • Assign new ratings and complete surveillance for complex infrastructure and energy project finance transactions by: forecasting future performance using mathematical models; leading the rating process by preparing internal credit reports and submissions for rating committees, analyzing cash flows, and evaluating the legal, contractual, and technical aspects of a project; and reviewing and stressing financial models to assess credit risk.
  • Train junior members of the team on credit, legal, and structural analysis of infrastructure transactions.
  • Provide guidance to junior members of the team.
  • Develop rating methodology for new asset types and new jurisdictions where KBRA has not previously rated transactions.
  • Facilitate client relationships with project sponsors.
  • Attend industry conferences and seminars to promote KBRA.
  • Share KBRA’s credit view with investors on existing transactions and market developments.
  • Write research pieces on the status of the project finance market.
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 through its KBRA Premium division, granting subscribers unlimited access to comprehensive ratings, research, and analytical tools specific to 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 insights.

Company Stage

Series C

Total Funding

$15M

Headquarters

New York City, New York

Founded

2010

Growth & Insights
Headcount

6 month growth

4%

1 year growth

4%

2 year growth

4%
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Simplify's Take

What believers are saying

  • KBRA's consistent release of detailed and timely research reports, such as the U.S. Bank Compendium and various ABS indices, demonstrates its commitment to providing valuable insights to clients.
  • The company's ability to secure high-profile ratings assignments, like the AA rating for the City of Los Angeles Power System Revenue Bonds, highlights its strong market reputation.
  • Specialized research offerings and analytical services provide additional revenue streams and opportunities for professional growth within the company.

What critics are saying

  • The highly specialized focus on structured finance markets may limit KBRA's ability to diversify its revenue streams.
  • Dependence on subscription services for revenue could be risky if market conditions lead to a decline in client renewals.

What makes Kroll Bond Rating Agency unique

  • KBRA's focus on structured finance markets like ABS, CMBS, and RMBS sets it apart from competitors who may have a broader but less specialized focus.
  • The company's subscription-based KBRA Premium service offers unlimited access to market-leading ratings and research, providing a unique value proposition for institutional investors.
  • As an NRSRO, KBRA's ratings are recognized and trusted, giving it a competitive edge in credibility and reliability.