CMBS New Issuance - Associate / Associate Director (NY / Chicago)

Position Title: CMBS New Issuance - Associate / Associate Director (NY/ Chicago)Entity: Kroll Bond Rating Agency, LLCEmployment Type: Full-timeLocation: New York, NY or Chicago, Illinois Summary/Overview: Kroll Bond Rating Agency (KBRA) is seeking an experienced Commercial Real Estate (CRE) credit analyst to join its industry-leading commercial mortgage-backed securities (CMBS) New Issuance ratings group in its New York or Chicago office. Analysts in the group are responsible for transaction execution, including conducting credit analysis, authoring published reports, and presenting analysis for the assignment of credit ratings to conduit, single-borrower, CRE CLO, single-family rental, and other types of CMBS transactions.About the Job:Conduct commercial real estate (CRE) property cash flow and valuation, and loan credit analysis in accordance with KBRA’s methodologies across all CRE property types.Lead end-to-end execution of transactions, including:Conducting property, loan and transaction level credit analysisPresenting and defending the analysis internally to senior managers and in credit/ratings committees, and externally to banksLeading preparation of externally published comprehensive transaction reportsManaging the process that involves multiple internal and external parties and work-streamsConduct property site inspections throughout the U.S. and related management meetingsYou will be successful in this role if you have:Bachelor’s degree in a relevant field of study. Advanced degree and successful progression towards the CFA designation are plusesThree (3) + years of relevant CRE debt underwriting or CMBS securitization experience for Associate level requiredFive (5) + years of relevant CRE debt underwriting or CMBS securitization experience for Associate Director requiredCredit / underwriting experience across multiple CRE property typesProficient in conducting extensive analysis in ExcelPossess strong oral and written communications skills Exceptional attention to detail, with a strong commitment to qualityAbility to multi-task and manage through multiple compressed timelines. Be able to work both independently and in a highly collaborative inter-dependent team environmentFamiliarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plusSalary Range:The anticipated annual base salary range for this full-time position is $100,000 to $150,000. 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 offPaid family and disability leave401(k) plan, including employer match (100% vested)Educational and professional development financial assistanceEmployee referral bonus programAbout Us:Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority pursuant to the Temporary Registration Regime. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.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.#LI-DG1#LI-HYBRID