Position Title: Associate/Associate Director
Department: CMBS New Issuance
We’re seeking an Associate to join our team based in our New York office. You will have at least three years of real estate finance or underwriting experience to join our growing Commercial Mortgage-Backed Security (CMBS) New Issuance team.
About the Team
Our CMBS new issuance team rates transactions spanning across CMBS, CRE CLO and SFR asset classes, among others. Our primary objective is to assign high quality credit ratings in a timely manner, which involves conducting property cash flow analysis and valuation; pool-level and structure analysis; and publishing our viewpoints based on our research and analysis. We pride ourselves on quality, accuracy, timeliness and consistency of our product.
About the Job
You will lead New Issue CMBS transactions, including performing and overseeing general pool analysis and overall transaction management. Develop detailed cash flow analyses for commercial real estate properties and author comprehensive asset summaries for external consumption. You will be responsible for drafting presale reports which highlight the transaction’s key credit considerations and pool characteristics. You will conduct property site visits, averaging several days per month, and document findings for internal and external use.
In this role, you will prepare research and data compilation as topical credit issues arise to facilitate ongoing property cash flow and rating analyses; publish reports as necessary. Lastly, you will prepare and deliver internal and external presentations in Word and Excel.
You are motivated to succeed in a fast paced, deadline driven environment. You work well independently and are able to effectively collaborate with your team members.
You will be successful in this role if you:
Kroll Bond Rating Agency was established in 2010 to restore trust in credit ratings by creating new standards for assessing risk and by offering accurate, clear and transparent ratings. KBRA is registered with the U.S. Securities and Exchange Commission as a Nationally Recognized Statistical Rating Organization (NRSRO). In addition, KBRA is recognized by the National Association of Insurance Commissioners (NAIC) as a Credit Rating Provider (CRP).
KBRA has over 270 professionals in our New York, NY, Frederick, MD, and Dresher, PA offices. KBRA’s affiliate, KBRA Europe has an office in Dublin, Ireland.