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Associate / Associate Director - RMBS (New York)

Kroll Bond Rating Agency, LLCNew York, New York, United States
On-site Full-time $100K/yr - $150K/yr

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Experience Level

Experience

Qualifications

Qualifications for Success: Bachelor's degree is required; an MBA or CFA certification is a plus. Minimum of 3 years of relevant experience in Residential Real Estate, Rating Agency, or RMBS is strongly preferred. Candidates with experience across ABS asset classes will also be considered. Exceptional analytical skills and a strong attention to detail. Excellent communication and interpersonal abilities to engage effectively with diverse stakeholders. Proficient in quantitative analysis and financial modeling.

About the job

Position Title: Associate / Associate Director - RMBS (New York)

Company: Kroll Bond Rating Agency, LLC

Employment Type: Full-time

Location: New York, New York

Overview:

Kroll Bond Rating Agency (KBRA) is actively looking for a skilled Associate / Associate Director to enhance our Residential Mortgage-Backed Security (RMBS) division in our New York office. The perfect candidate will possess experience in RMBS 2.0 sectors, including Prime, Non-QM, and second-lien loans. In this pivotal role, Associate Directors will engage deeply in the rating process, conducting collateral and cash flow analysis, as well as preparing insightful reports for publication.

About Our Team:

The RMBS team at KBRA has a proven track record, having issued ratings on securities from over 950 transactions across various sectors, including Prime, Non-QM, GSE CRT, Reverse Mortgage, 2nd Liens, and RPLs. Our core mission is to deliver high-quality credit ratings promptly while conducting thorough asset credit risk analyses, liability structure scenario analyses, and consistently publishing our findings and insights. Our commitment to quality, accuracy, and timeliness sets us apart in the industry.

Key Responsibilities:

  • Act as the lead analyst, interacting with clients, structuring banks, and investors throughout transactions.
  • Perform comprehensive loan pool analysis, modeling and assessment of bond structures, and review legal structures and documentation.
  • Prepare and facilitate the preparation of credit memos and present transactions during rating committee meetings.
  • Draft presale and new issue reports.
  • Contribute to surveillance efforts for existing transactions.
  • Engage in seller/servicer due diligence, investor discussions, and industry events (travel may be required).
  • Mentor and support the growth of junior analysts as needed.

Qualifications for Success:

  • Bachelor's degree is required; an MBA or CFA certification is a plus.
  • Minimum of 3 years of relevant experience in Residential Real Estate, Rating Agency, or RMBS is strongly preferred. Candidates with experience across ABS asset classes will also be considered.
  • Exceptional analytical skills and a strong attention to detail.
  • Excellent communication and interpersonal abilities to engage effectively with diverse stakeholders.
  • Proficient in quantitative analysis and financial modeling.

About Kroll Bond Rating Agency, LLC

Kroll Bond Rating Agency, LLC (KBRA) is a leading provider of credit ratings, research, and risk analysis. Our mission is to uphold the highest standards of integrity, transparency, and accuracy in the financial services industry. KBRA prides itself on delivering timely and reliable evaluations of debt securities and their underlying assets, helping investors make informed decisions.

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