RMBS - Analyst/Senior Analyst/Associate (NY, Chicago)

Summary/Overview

Location: New York, New York, Chicago, IL

KBRA (Kroll Bond Rating Agency) is seeking a credit analyst to join our Residential Mortgage-Backed Security (RMBS) team in its New York, NY or Chicago, IL office. The ideal candidate will have experience in RMBS, knowledge of the residential mortgage sector, or experience in a related field. An Analyst within the RMBS group is part of the transaction rating team, working with other members of the team through all aspects of the rating process from collateral analysis to report publication.

About the Job

• Perform transaction analysis including originator/servicer evaluation, 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.
• Engage in ongoing surveillance of rated transactions and updating ratings as warranted.
• Attend and participate in seller/servicer due diligence (which, in some cases, may require travel).

You will be successful in this role if you have

• B.A. / B.S. degree in a relevant field of study.
• Analyst level: zero (0) to two (2) years of experience in performing credit analysis within the RMBS sector at a Rating Agency, Buy-Side Investor, Credit Research, or similar environment.
• Senior Analyst/Associate level: Either a minimum of two (2) or more years of experience in performing credit analysis within the RMBS sector at a Rating Agency, Buy-Side Investor, Credit Research, or similar environment or an advanced degree such as an MBA.
• Strong Excel skills (excel test may be administered as part of the interview process).
• 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.
• VBA, Python, R and SQL skills are a plus.
• Familiarity with resi-mortgage datasets and tools such as CoreLogic, Fannie/Freddie Single Family Data, Intex etc. is a plus.
• Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus.

Salary Range

The anticipated annual base salary range for this full-time position is $75,000 to $95,000. Offer amounts are determined by factors such as experience, skills, geography, and other job-related factors.

Benefits

• A hybrid work schedule (Tuesday, Wednesday, Thursday 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

More Info

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