ABS - Analyst (Chicago)

Position Title: ABS – Analyst (Chicago)

Entity: Kroll Bond Rating Agency, LLC

Employment Type: Full-time

Location: Chicago, Illinois, United States

Summary/Overview:

KBRA (Kroll Bond Rating Agency) is seeking an experienced credit analyst to join our Asset-Backed Securities (ABS) team in our expanding Chicago, IL office. The ideal candidate should have a strong interest in ABS. Knowledge in consumer loan products (such as auto loans, consumer loans, credit cards, etc.) or commercial/esoteric assets (data center, equipment, communications infrastructure, aviation etc.) is preferred. An Analyst within the ABS group will be a part of the transaction rating team, working with other members of the team through all aspects of the rating process from collateral analysis to report publication.

About the Job:

• Conduct and assist in transaction analysis including originator/servicer evaluation, collateral performance and loan pool analysis, modeling and analysis of bond structure, and review of legal structure and documentation.
• Assist in the preparation of credit memoranda and presentation of transactions to rating committees
• Prepare and contribute to individual transaction reports for publication
• Assist in the publication of market commentaries related to topical events or research
• Engage in ongoing surveillance of rated transactions and updating ratings as warranted
• Attend and participate in seller/servicer due diligence
• Willingness to travel as needed

You will be successful in this role if you have:

• B.A. / B.S. degree in a relevant field of study
• Up to two (2) years experience in performing credit analysis within the ABS sector at a Rating Agency, Buy-Side Investor, Credit Research, or similar environment.
• Exceptional attention to detail
• Strong oral and written communications skills (writing sample on request)
• Strong Excel skills (excel test may be administered as part of the interview process)
• Ability to take initiative, work independently, and work closely with partners in a collaborative environment
• Proficient with relevant financial modeling software (e.g. Intex) is a plus
• Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus

Salary Range:

The anticipated annual base salary range for this full-time position is $70,000 to $80,000. 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 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 provided

About 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.

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