Address
Form of workPosition Title: RMBS - Senior Director
Entity: Kroll Bond Rating Agency, LLC
Employment Type: Full-time
Location: New York, NY
Summary/Overview:
KBRA (Kroll Bond Rating Agency) is seeking a Senior Director to join our growing Residential Mortgage-Backed Security (RMBS) team in the New York office.
Job Responsibilities:
- Serve as lead analyst and primary contact to clients, structuring banks and investors on transactions.
- Facilitate the preparation of credit memoranda and presentation of transactions to rating committees.
- Perform transaction analysis including originator/servicer evaluation, loan pool analysis, modeling and analysis of bond structure, and review of legal structure and documentation.
- Participate or lead workplace projects, as needed, to increase efficiency.
- Lead the development of rating methodologies, individual transactions reports, and special topic and market commentaries.
- Serve as industry expert for one or more asset classes.
- Work with the surveillance team in monitoring and updating ratings on existing transactions.
- Mentor and foster the development of junior analysts.
- Create and/or maintain analytical tools or features of tools to add or enhance the function of the RMBS team.
Successful candidates will possess the following:
- Ten (10) or more years of business experience, preferably within capital markets or adjacent financial services.
- Eight (8) years of relevant Residential Real Estate, Rating Agency, or RMBS experience required.
- Intermediate to Advanced Excel skills.
- Strong oral and written communications skills are essential. (writing sample required).
- Advanced VBA, Python, R and SQL skills are most helpful.
- Familiarity with resi-mortgage datasets and tools such as CoreLogic, Fannie/Freddie Single Family Data, BlackKnight, eMBS, Intex etc.
- Familiarity with Intex is preferred.
- Exceptional attention to detail.
- Ability to take initiative, work independently, and work closely with partners in a collaborative environment.
About the Team:
Our RMBS team has issued ratings on securities from nearly 700 transactions spanning across Prime, Non-QM, GSE CRT, Reverse Mortgage, 2nd Liens, RPLs and more. Our primary objective is to issue high quality credit ratings and maintain them in a timely manner. This objective involves conducting asset credit risk analysis; liability structure scenario analysis; and publishing our viewpoints based on these analyses and our research. We pride ourselves on the quality, accuracy, timeliness, and consistency of our product.
Salary Range:
The anticipated annual base salary range for this full-time position is $180,000 - $210,000. Offer amounts are determined by factors such as experience, skills, geography, and other job-related factors.
Benefits:
- A hybrid work schedule (Tuesday, Wednesday and Thursday in the office)
- Competitive benefits and paid time off
- Paid family and disability leave
- 401(k) plan, including employer match (100% vested)
- Educational and professional development financial assistance
- Employee referral bonus program
- Cell phone reimbursement
About Us:
KBRA (Kroll Bond Rating Agency, LLC) 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-HYBRID
#LI-SS1
