Corporate Portfolio Finance - Associate / Associate Director (NY)
KBRA is seeking an Associate or Associate Director to join its Corporate Portfolio Finance (CPF) team in New York. The CPF team assigns and monitors credit ratings on debt instruments backed by portfolios of middle market corporate loans, including senior secured direct lending investments, along with other corporate loans, notes, and bonds. This role focuses on private credit and direct lending transactions, evaluating financing solutions that enable capital formation, fund investment, and liquidity management for private credit managers and institutional investors.
Key responsibilities include assisting in the new issuance rating process by evaluating transaction capital structures, legal protections, collateral quality, portfolio composition, asset performance, and cash flow dynamics. The role also involves analyzing portfolios of corporate loans, bonds, and other credit instruments, participating in due diligence meetings with asset managers and issuers to assess underwriting standards and risk management frameworks, and supporting ongoing monitoring and surveillance of outstanding transactions. Additionally, the position requires maintaining transaction databases and analytical tools, collaborating with KBRA experts across various sectors, and contributing to credit research and publications related to corporate portfolio finance and structured credit markets.
Candidates should possess a bachelor's degree in Finance, Business, Economics, or related fields, with two to four years of experience in corporate credit analysis, private credit, direct lending, fund investing, CLO analysis, or structured finance. A strong interest in middle market lending and private credit markets is essential, along with a basic understanding of corporate loan structures, capital structures, and credit analysis. Proficiency in Excel, including experience with financial modeling and cash flow analysis, is preferred. Strong written and verbal communication skills, high attention to detail, and the ability to manage multiple assignments in a fast-paced environment are also required. Familiarity with Generative AI tools such as ChatGPT for research and data insights is considered a plus.
The anticipated annual base salary for this full-time position ranges from $105,000 to $140,000, with offer amounts determined by factors such as experience, skills, geography, and other job-related considerations. Benefits include a hybrid work schedule (Tuesday, Wednesday, and Thursday in the office), competitive benefits and paid time off, paid family and disability leave, a 401(k) plan with employer match (100% vested), educational and professional development financial assistance, and an employee referral bonus program.
KBRA fosters a collaborative and dynamic work environment, encouraging professional growth and development. The company values diversity and inclusion, providing employees with opportunities to engage in meaningful work that impacts the financial industry. Joining KBRA offers the chance to be part of a team dedicated to excellence and innovation in credit ratings and financial analysis.