About the job
Position Title: Funds Ratings - Director (London)
Entity: Kroll Bond Rating Agency UK Limited
Employment Type: Full-time
Location: London, England
Summary/Overview:
Kroll Bond Rating Agency UK Limited is on the lookout for a dynamic and experienced Director to enhance our expanding Funds Ratings team based in our London office. The Funds team is responsible for assigning and monitoring credit ratings for a diverse range of debt instruments issued by funds and associated fund vehicles. Our agency evaluates financing instruments that support fund operations, enhance liquidity, and optimize capital structures. These instruments include subscription credit lines that provide liquidity by bridging capital calls, NAV-based loans and credit facilities that offer leverage against a fund's portfolio assets, and feeder fund rated notes facilitating investment through debt instruments. KBRA's diverse ratings portfolio spans across various investment strategies, including fixed income securities, private equity, private credit, direct lending, real estate, infrastructure, and asset-backed financing. The ideal candidate will possess extensive experience and a strong interest in fund investment and credit strategies, understanding how funds operate, allocate capital, and generate cash flows.
About the Job:
- Lead the new issuance rating process, evaluating key factors such as capital structure, legal protections, collateral quality, cash flow dynamics, and the manager's experience and track record.
- Engage with issuers, conducting thorough due diligence meetings with issuers and managers to assess their investment processes, experience, risk management skills, and overall execution capabilities.
- Draft rating memos and new issuance reports, making recommendations to the rating committees.
- Oversee ongoing monitoring and surveillance processes, staying informed about developments related to outstanding issuances and ratings.
- Develop and maintain complex spreadsheets and databases.
- Collaborate with KBRA experts across sectors such as project finance, corporate finance, financial institutions, and structured finance to formulate strategies for evaluating complex multi-assets.
- Mentor and supervise junior team members, enhancing their contributions while fostering their analytical and professional skill development.
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