Project Finance and Infrastructure - Associate (NY)
Kroll Bond Rating Agency, LLC (KBRA) is seeking an Associate to join our Project Finance and Infrastructure team in New York. This role involves assigning new ratings and conducting surveillance for project finance and infrastructure entities across sectors such as energy, transportation, and social infrastructure. The Associate will analyze cash flows, evaluate technical aspects of projects, review credit documentation, transaction structures, and financial statements, and prepare internal credit reports for rating committees.
Key responsibilities include forecasting future performance using mathematical models, leading the rating process by preparing internal credit reports and submissions for rating committees, analyzing cash flows, and evaluating the legal, contractual, and technical aspects of projects. The Associate will also review and stress financial models to assess credit risk, attend industry conferences and seminars to promote KBRA, share KBRA's credit views with investors on existing transactions and market developments, and write research pieces on the status of the project finance market.
The ideal candidate will have a bachelor's degree in finance, economics, management, or a related field, and 3-5 years of experience as a credit risk analyst. Required experience includes performing credit analysis in a rating agency, buy-side, credit research, banking, or similar environment; utilizing financial, statistical, and economic analysis skills for financial modeling and cash flow analysis; writing research reports; presenting research and analysis to senior committee members; creating and modifying project and infrastructure finance models; and using Microsoft Excel, including formulas and shortcuts, to analyze large datasets. Additionally, 1-2 years of experience with deal execution or credit risk analysis of power and renewables project financings, and project and infrastructure finance transactions is required. Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus.
The anticipated annual base salary range for this full-time position is $90,000 to $110,000. Offer amounts are determined by factors such as experience, skills, geography, and other job-related factors. Benefits include a hybrid work schedule (Tuesday, Wednesday, Thursday in the office), competitive benefits and paid time off, paid family and disability leave, a 401(k) plan including 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. Employees have opportunities to attend industry conferences and seminars, engage with investors, and contribute to research publications, positioning them at the forefront of the project finance market.