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Associate - Corporate Credit Assessment

Company:
KBRA
Location:
Manhattan, NY
Posted:
April 04, 2024
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Description:

Position: Associate - Corporate Credit Assessments (NY)

Entity: Kroll Bond Ratings Agency, LLC

Employment Type: Full-Time

Location: New York

Summary/Overview:

KBRA (Kroll Bond Rating Agency, LLC) is seeking an Associate with a strong accounting, corporate finance and high yield credit analysis background to join our growing Corporate Credit Assessments Group in the New York office. This individual 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. As an Associate, you will work in a highly collaborative team that liaises with internal and external stakeholders in order to produce high quality and timely corporate credit opinions. The Associate will also help conduct credit research on a variety of industrial and service sectors along with developing industry/sector expertise, including key rating factors and credit metrics. This person will have direct involvement in KBRA’s corporate credit assessment process with significant interaction to senior management and executives at leading financial institutions.

Job Responsibilities:

Analyze financial statements and 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:

A minimum of three (3) or more years of investment research experience or similar financial analyst roles within a bank or other financial institutions.

Prior fundamental credit training (including financial statement analysis) is preferred. Research experience is most helpful.

Experience with corporate financial statements including 10-Ks, 10-Qs.

Keen interest in writing research.

Ability to conduct due-diligence and interact with clients as part of the assessment process.

Keen interest in Credit Analysis/Capital Markets.

Excellent verbal, written and presentation skills are essential.

Proven ability to work both independently and as a team.

Proficient in the use of Microsoft Office: Excel, Microsoft Word and Power Point.

Preferred Qualifications

Bachelor’s Degree is highly desired.

Additional educational training that has helped prepare you to be a thoughtful qualitative/quantitative analyst with strong writing skills is most helpful.

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

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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