Funds Ratings - Analyst / Senior Analyst (NY)
KBRA is seeking an Analyst or Senior Analyst to join its Funds Ratings team in New York. This team is responsible for assigning and monitoring credit ratings on various debt instruments issued by funds, closed-end funds, and other investment vehicles. The role offers an opportunity to work within a dynamic environment, evaluating funds that employ diverse asset growth and income generation strategies, including fixed income securities, private equity, private credit, real estate, and middle market lending.
The successful candidate will assist in conducting credit research on a variety of funds and investment vehicles. Responsibilities include developing rating and analytical tools such as cash flow and asset coverage models to evaluate fund debt structures. The role also involves preparing and presenting internal credit memos and publications, participating in diligence meetings with fund management teams to assess their investment acumen and risk management skills, and developing and maintaining complex spreadsheets and databases. Collaboration with KBRA experts across sectors such as project finance, corporate finance, financial institutions, and structured finance is essential.
Candidates should possess a bachelor's degree in Finance, Business, Mathematics, or a related field that fosters strong analytical skills. One to three years of experience as a credit analyst, particularly in fund lending, investing, or structured finance, is preferred. The role requires proficiency in advanced Excel, including cash flow modeling, and a high attention to detail. Strong verbal, written, and presentation communication skills are necessary, along with the ability to work collaboratively in a challenging and dynamic environment. Proficiency in SQL and VBA for querying databases is advantageous, and progression towards a CFA designation is a plus.
The anticipated annual base salary for this full-time position ranges from $75,000 to $105,000, depending on factors such as experience, skills, and geography. Benefits include a hybrid work schedule (in-office on Tuesdays, Wednesdays, and Thursdays), 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 inclusive company culture, encouraging professional growth and development. The firm provides opportunities to work across disciplines in a fast-growing company, offering exposure to various sectors and the chance to develop a comprehensive understanding of the credit rating industry.