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Kroll Bond Rating Agency

CMBS Surveillance - Associate / Associate Director (PA)

Kroll Bond Rating Agency, Dresher, Pennsylvania, United States

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Overview

Entity:

Kroll Bond Rating Agency, LLC Employment Type:

Full-Time Location:

Dresher, PA Summary/Overview:

KBRA (Kroll Bond Rating Agency, LLC) is seeking an

Associate or an Associate Director

to join our

Commercial Mortgage-Backed Securities (CMBS) Surveillance

team in our Pennsylvania office. The team monitors a universe of over $500 billion in securitizations spanning CMBS, CRE CLOs, Agency and single-family rental asset classes, among others. Our primary objective is to maintain high quality credit ratings in a timely manner and in accordance with our methodologies, which involves conducting property cash flow 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. Our team was named CMBS rating agency of the year in 2024 by GlobalCapital. Responsibilities

Lead end-to-end surveillance of an assigned portfolio of CMBS transactions in accordance with organizational guidelines, including preparation and presentation of analyses to committees and publication of transaction reports. Transaction types may include conduit, agency, single borrower, large loan, CRE CLO, and/or small balance CMBS. Develop detailed cash flow analysis for commercial real estate properties. Perform pool-level analysis with analytics team to develop and present credit opinions on assigned transactions. Prepare detailed surveillance reports for publication. Support deal management tasks to ensure an efficient and effective group workflow. Stay abreast of CRE markets and trends as well as general economic and capital market conditions. Actively participate in CRE credit discussions and rating decisions. Participate in producing topical research and commentary on credit or marketplace trends and market events. Participate in workplace projects as needed to increase efficiency. Qualifications

Minimum of three (3) or more years of business experience, preferably within Financial Services. Exceptional attention to detail; ability to multitask and meet deadlines. Excellent verbal, written and presentation skills. Two (2) or more years of relevant CRE, Rating Agency, or CMBS experience required for an Associate. Four (4) or more years of relevant CRE, Rating Agency, or CMBS experience required for an Associate Director. Knowledge of structured finance principals preferred. Bachelor's degree in Finance, Accounting, or Commercial Real Estate required. Proficient in MS Office with strengths in Excel and Word; SQL and other database query experience helpful. Familiarity with the CREFC Investor Reporting Package desired. Ability to work independently and collaboratively within a team. Familiarity with Generative AI tools such as ChatGPT for research, data insights, and productivity is a plus. Salary & Benefits

Salary Range:

The anticipated annual base salary range for this full-time position is $90,000 to $130,000. Offer amounts determined by experience, skills, geography, and other factors. Hybrid work schedule (Tuesday, Wednesday, and Thursday) Competitive benefits and paid time off Paid family and disability leave 401(k) plan with employer match (100% vested) Educational and professional development financial assistance Employee referral bonus program About Us

KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. KBRA Europe Limited is registered as a CRA with ESMA. KBRA UK Limited is registered as a CRA with the UK FCA pursuant to the Temporary Registration Regime. KBRA is designated by the Ontario Securities Commission for asset-backed securities filings and 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. EEO Notice:

We strive to be an equal opportunity employer. Applicants will be considered regardless of race, color, religion, sex, national origin, disability, or protected veteran status.

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