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ABS Consumer - Associate

KBRA
New York, NY Full Time
POSTED ON 4/9/2025
AVAILABLE BEFORE 5/7/2025

Position Title : Associate

Department : ABS Consumer

Employment Type : Full-time

Location : New York, NY

Summary / Overview :

KBRA (Kroll Bond Rating Agency) is seeking an experienced credit analyst to join our Asset-Backed Securities ( ABS ) team in the New York, NY office. The ideal candidate will have experience in ABS sectors such as auto loans, consumer loans, credit cards, home improvement loans, and / or solar loans. An Associate within the ABS group holds an integral role on the transaction rating team, engaging in all aspects of the rating process from collateral analysis to report publication.

Job Responsibilities :

  • Conduct transaction analysis including originator / servicer evaluation, collateral performance and loan pool analysis, modeling and analysis of bond structure, and review of legal structure and documentation.
  • Assist in the preparation of credit memoranda and presentation of transactions to rating committees.
  • Prepare and contribute to individual transaction reports for publication.
  • Assist in the publication of market commentaries related to topical events or research.
  • Serve as secondary contact to investors and clients or structuring banks, working under the guidance and direction of senior team members.
  • Engage in ongoing surveillance of rated transactions and updating ratings as warranted.
  • Attend and participate in seller / servicer due diligence, investor discussions, or industry events (which, in some cases, may require travel).

Successful candidates will possess the following :

  • B.A. / B.S. degree in a relevant field of study.
  • Minimum of three (3) to five (5) years of demonstrated experience in credit analysis within the ABS sector at a Rating Agency, Buy-Side Investor, Credit Research, or similar environment.
  • Strong Excel skills (excel test may be administered as part of the interview process)
  • Strong analytical skills relating to transaction evaluation, including loan credit risk assessment and analysis of asset and bond cash flows.
  • Proficient with relevant financial modeling software (e.g. Intex)
  • Strong oral and written communications skills (writing sample on request).
  • Exceptional attention to detail.
  • Ability to take initiative, work independently, and work closely with partners in a collaborative environment.
  • Salary Range :

    The anticipated annual base salary range for this full-time position is $90,000 to $130,000. Offer amounts are determined by factors such as experience, skills, geography, and other job-related factors.

    Benefits :

  • A hybrid work schedule (Tuesday, Wednesday and Thursdays in the 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
  • 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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    Salary : $90,000 - $130,000

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