About the job
Position Title: Ratings Legal Attorney - Private Credit & Funds (New York / Chicago)
Entity: Kroll Bond Rating Agency, LLC
Employment Type: Full-time
Location: New York, NY or Chicago, IL
Summary/Overview:
Kroll Bond Rating Agency (KBRA) is a pioneering global credit rating agency committed to establishing new benchmarks of excellence, integrity, and transparency in credit ratings. As the leading agency in the private credit sector, KBRA is seeking passionate and proactive funds or securitization attorneys to join our dynamic team and engage in private credit and funds transactions. This exciting opportunity is available in our New York or Chicago offices.
About the Role:
In this pivotal position, you will be instrumental in the rating process, collaborating on a diverse array of fund investment and finance transactions such as feeder fund rated notes and CFOs, NAV facilities, and middle-market CLOs. Your expertise will be critical in evaluating and communicating the credit implications of deal structures, documentation, and other legal considerations. Key responsibilities include:
- Reviewing financing documents and pertinent fund-level documentation
- Identifying potential credit impacts arising from transaction structures and legal documents
- Coordinating with rating analysts on relevant legal matters
- Participating in rating committee discussions
- Assisting the analytical team in preparing KBRA’s industry-leading ratings and research reports
About the Team:
KBRA’s Ratings Legal team stands out among rating agencies by working closely with ratings analysts to identify, assess, and articulate key legal and credit aspects and risks within transaction structures. As vital contributors to the credit ratings groups, they play a significant role in developing research reports and methodologies while engaging in investor outreach. Ultimately, the attorneys in Ratings Legal ensure the quality, accuracy, timeliness, and consistency of KBRA’s ratings.
Qualifications for Success:
- Qualified attorney with 4-6 years of post-qualification experience in feeder fund rated notes, CFOs, structured finance, or fund finance
- Strong analytical and communication skills
- Ability to work collaboratively in a fast-paced environment
- Proficiency in assessing complex legal documents and structures

