Director, Funds

Position Title:  Director

Department: Funds
Employment Type: Full-time

Location: NY

Kroll Bond Rating Agency, Inc. (KBRA) is seeking a director to join its growing Funds Ratings team. The Funds team assigns and monitors credit ratings on various debt instruments issued by funds, closed-end funds, and other fund vehicles.  KBRA’s growing ratings portfolio encompasses funds which leverage a variety of asset growth and income generation strategies including fixed income securities, private equity, private credit, real estate, and middle market lending.  A strong candidate will have extensive experience and interest in fund investment and credit strategies. The position is based out of KBRA’s New York City 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. 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.

Products include:  KBRA Analytics, KBRA Altman, KBRA Credit Profile, KBRA DLD, KBRA Financial Intelligence (KFI), KBRA Premium and Ratings Feed. 

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, Dublin (Ireland) and London (UK).

Job Responsibilities:

• Assist with credit research on a variety of funds, closed-end funds, and other investment vehicles.
• Assist with the development of rating and analytical tools such as cash flow and asset coverage models used to evaluate fund debt structures.
• Assist in the quantitative and qualitative preparation and presentation of internal credit memos and publications.
• Participate in diligence meetings with fund management teams to assess their investment acumen, risk management skills, and overall ability to develop and successfully execute strategies.               
• Develop and maintain complex spreadsheets and databases.
• Ability to leverage and seamlessly collaborate with KBRA experts in other sectors such as project finance, corporate finance, financial institutions, and structured finance.
• Assist in research for internal and publication purposes.

Key Job Qualifications:

• Bachelor’s degree in Finance, Business, or Math related fields or any subject that results in strong analytical skills.
• 8+ years of work experience as a credit analyst with experience in fund lending, investing, or structured finance a significant plus.
• Ability to work as an integral part of a highly collaborative team and across disciplines in a challenging and dynamic environment.
• Ability to manage time and resources in a fast-growing company.
• Effective oral and written communications skills. 
• Proficiency in Advanced Excel, ability to cash flow model is a significant plus.
• Extremely high attention to detail.
• Proficiency in SQL and VBA for querying databases a strong advantage.
• Successful progression towards CFA a plus.

Salary Range:

The anticipated annual base salary range for this full-time position is $100,000 to $160,000. Offer amounts are determined by factors such as experience, skills, geography, and other job-related factors.

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

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.

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