Analyst, CMBS Surveillance

Position Title: Analyst
Department: CMBS Surveillance
Employment Type: Full-time
Location: PA or NY

Summary:

Kroll Bond Rating Agency (KBRA) is seeking Analyst-level candidates to join its growing Commercial Mortgage-Backed Security (CMBS) team at either its Dresher, PA office or the New York City office. The position could also be filled at the Associate level.

About the Team:

Our CMBS surveillance team monitors a book of over $350 billion transactions spanning across CMBS, CRE CLO and SFR asset classes, among others.  Our primary objective is to maintain high quality credit ratings in a timely manner, which involves conducting property cash flow and valuation; pool-level and structure analysis; and publishing our viewpoints based on our research and analysis. We pride ourselves on quality, accuracy, timeliness and consistency of our product.

Key Job Requirements are as follows:

- Lead end-to-end surveillance of an assigned portfolio of CMBS transaction in accordance with organizational guidelines, including the preparation and presentation of analyses to committees and the publication of transaction reports. Transaction types may include conduit, agency, single borrower, large loan, CRE CLO, and/or small balance CMBS.

- Develop detailed cash flow analysis for commercial real estate properties.  Perform pool-level analysis in collaboration with the analytics team to develop and present credit opinions on assigned transactions. Prepare detailed surveillance reports for publication.  

- Support other senior members of the team in property cashflows.

- Support group operations and processes managing the request and flow of information during the review process for own assigned deals as well as for others.

- Participate in workplace projects as needed to increase efficiency.

- Conduct property site visits, when needed, and document findings for internal and external use.

Key Skills/Expertise/Experience:

- 0-1 years of general working experience preferably in financial services (1-2 for senior analyst)

- Relevant commercial real estate, rating agency, or CMBS experience desirable but not required (2-3 years required for Associate level). An advanced degree in real estate finance may partially count towards requisite experience.
- Bachelors required, preferably in finance, accounting, or real estate

- Strong Excel and Word skills

- Familiarity with the CREFC Investor Reporting Package is a plus.

- Exceptional attention to detail
- Strong oral and written communications skills

- Ability to take initiative and work independently, as well as work closely with fellow team members in a collaborative environment. 

KBRA Benefits

• A hybrid work schedule and flex hours
• 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
• Cell phone reimbursement

More Info

All KBRA employees must be fully vaccinated against Covid-19 as a condition of employment with KBRA and must provide sufficient written documentation to KBRA of such vaccination.

KBRA encourages applications from all qualified individuals without regard to race, color, religion, gender, sexual orientation, gender identity or expression, age, national origin, marital status, citizenship, disability, and veteran status or any other basis prohibited by federal, state or local law.