Credit Ratings Associate - Corporates (NY)

Position: Credit Ratings Associate - Corporates (NY)

Department: Corporates – Credit Assessment Team

Employment Type: Full-Time

Location: NY

Summary/Overview:

KBRA (Kroll Bond Rating Agency, LLC (KBRA) is seeking a Credit Ratings Associate with a strong high yield credit analysis background to join our growing Corporate Credit Assessment Group in the New York office. The candidate will focus on conducting and reviewing credit assessments of private companies based on financial statements, creditor agreements and Investment Committee Memos. Solid prior experience at analyzing creditor agreements and an interest in writing and presenting research are key job requirements.

The Corporate Credit Assessment Group at KBRA is one of the firm’s most rapidly growing teams. The Group provides credit analytics that directly contribute to credit ratings issued across KBRA asset classes including Structured Credit, Asset-Backed Securities, Project Finance, and Funds, among others. The position is based out of KBRA’s New York City or Drescher, PA office.

About Us:

KBRA is a global full-service rating agency with a mission to set a standard of excellence and integrity.  Established in 2010, KBRA remains dedicated to the restoration of trust in credit ratings by setting new standards for assessing risk and by offering timely and transparent ratings.  Our core values are innovation, collaboration, and integrity. KBRA provides market participants with an alternative solution by delivering in-depth research, products and tools needed to make informed investment decisions across various sectors within the U.S. and European markets.

KBRA has issued more than 60,000 ratings valued at $3.16 trillion in rating issuance. The agency employs 525 professionals globally with offices located in New York, Pennsylvania, Maryland, Ireland and UK.

Job Responsibilities:

• Analyze 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.

Key Job Qualifications:

• 3 - 5 years of significant experience with credit agreements of high yield companies.
• Experience with corporate financial statements including 10-Ks, 10-Qs.
• Keen interest in writing research.
• Keen interest in Credit Analysis/Capital Markets.
• Strong communication skills (verbal and written) and proven ability to work both independently and as a team.
• Experience with Microsoft Office Excel, Microsoft Word and Power Point.

Preferred Qualifications

• Legal background with graduate degree from a well-regarded law program.
• Extensive experience with analyzing credit agreements of high yield companies at a major law firm, rating agency, asset manager or bank.

Salary Range:

The anticipated annual base salary range for this full-time position is $80,000 to $110,000. Offer amounts are determined by factors such as experience, skills, geography, and other job-related factors.

KBRA Benefits

• A hybrid work schedule (Tuesday, Wednesday and Thursdays in office)
• 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
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.

Those candidates requiring Visa sponsorship will not be considered.

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