What are the responsibilities and job description for the RMBS - Associate Director position at KBRA?
Position Title : Associate Director
Department : RMBS
Employment Type : Full-time
Location : New York, NY
Summary / Overview :
KBRA (Kroll Bond Rating Agency) is seeking an Associate Director to join our growing Residential Mortgage-Backed Security ( RMBS ) team in the New York, NY office. The ideal candidate will have experience in RMBS 2.0 sectors such as Prime, Non-QM, GSE CRT, and second-lien loans. An Associate Director within the RMBS group holds an integral role on the team and engages in all aspects of the rating process, which includes managing transaction timelines, conducting collateral and cash flow analysis, and preparing analytical reports for publication.
Job Responsibilities :
- Serve as back-up or lead analyst interacting with clients, structuring banks and investors on transactions.
- Prepare / facilitate the preparation of credit memoranda and presentation of transactions to rating committees.
- Perform transaction analysis including loan pool analysis, modeling and analysis of bond structure, and review of legal structure and documentation.
- Prepare presale and new issue reports.
- Work with the surveillance team in monitoring and updating ratings on existing transactions. Create and / or maintain analytical tools or features of tools to add or enhance the function of the RMBS team.
Successful candidates will possess the following :
About the Team :
Our RMBS team has issued ratings on securities from over 700 transactions spanning across Prime, Non-QM, GSE CRT, Reverse Mortgage, 2nd Liens, RPLs and more. Our primary objective is to issue high quality credit ratings and maintain them in a timely manner. This objective involves conducting asset credit risk analysis; liability structure scenario analysis; and publishing our viewpoints based on these analyses and our research. We pride ourselves on the quality, accuracy, timeliness, and consistency of our product.
Salary Range :
The anticipated annual base salary range for this full-time position is $130,000 to $170,000 Offer amounts are determined by factors such as experience, skills, geography, and other job-related factors.
Benefits :
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 : $130,000 - $170,000
