REITs - Senior Credit Analyst (NY)

Job Title: REITs - Senior Credit Analyst (NY)

Entity: Kroll Bond Rating Agency, LLC.

Employment Type: Full-time

Location: New York, New York, United States

Overview

• KBRA (Kroll Bond Rating Agency, LLC) is seeking a Senior Financial Analyst to join our Real Estate Investment Trust (REITs) team in the New York office. The ideal candidate will have a solid analytical foundation within the REIT and/or the Commercial Real Estate (CRE) sectors.

Key Job Requirements

• Participate in all elements of rating corporate debt of REITs and REOCs.
• Monitor key credit trends through review of quarterly financial statements, earnings call transcripts, and periodic calls with company management to discuss current market trends and company initiatives.
• Review bank and senior note covenant compliance statements; perform trend analysis versus prior periods.
• Update KBRA surveillance models, rating scorecards, rating committee memos, and ad-hoc financial reports and spreadsheets.
• Participate in review meetings with KBRA-rated issuers.

Key Skills/Expertise

• Strong corporate accounting skills and experience reviewing SEC documents including 10K/10Q reports and REIT supplementals.
• Experience with both US GAAP and IFRS reporting is preferred. 
• Understanding of standard capital markets products including bank credit facilities, corporate bonds, private debt placements and preferred stock.
• Ability to read and understand bank credit agreements and senior note purchase agreements.
• Able to build pivot tables, lookup and index match formulas, and visual basic macros in Microsoft Excel, and create object links to Microsoft Word.
• Experience with Bloomberg data terminal. Ability to build BDP formulas using Bloomberg excel add-in a plus. Ability to extract and archive public company financial statements from Bloomberg and create time-series of quarterly/annual balance sheets and income statements. 
• Utilize outside data sources and research to augment ratings surveillance.
• Proficiency in modeling or adapting company-level financial projections using Microsoft Excel.
• Ability to derive key real estate portfolio operating metrics (tenant and market concentrations, average remaining lease terms, changes in same-property NOI) from company-supplied data tables.
• Ability to present and discuss KBRA-calculated credit metrics with personnel of rated companies.
• Ability to travel for management meetings and property site inspections.
• Ability to work for a growing organization in a demanding and dynamic environment.

Requirements:

• Bachelors or an advanced degree in Finance, Accounting or Real Estate.
• Three (3) or more years of business experience in the Real Estate industry.
• Excellent verbal, written and presentation skills.

Salary Range:

The anticipated annual base salary range for this full-time position is $75,000 to $90,000. Offer amounts are determined by factors such as experience, skills, geography, and other job-related factors.

KBRA Benefits

• A hybrid work schedule
• 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

About Us:

Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority pursuant to the Temporary Registration Regime. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

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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