Position Title: CMBS Surveillance - Analyst (PA)
Entity: Kroll Bond Rating Agency, LLC
Employment Type: Full-time
Location: Dresher, Pennsylvania
Summary/Overview:
KBRA (Kroll Bond Rating Agency) is seeking an Analyst to join our growing commercial real estate (CRE) credit ratings team in the Dresher, PA office.
Job Responsibilities:
- Lead end-to-end surveillance of an assigned portfolio of commercial mortgage-backed securities (CMBS) in accordance with organizational guidelines, including the preparation and presentation of analyses to committees and the publication of transaction reports.
- Develop detailed cash flow analysis for commercial real estate properties. Assess credit risk of a transaction in collaboration with other team members to develop and present credit opinions on assigned transactions. Prepare detailed reports for publication.
- Provide support to other senior team members in property cashflows.
- Support group operations and processes managing the request and flow of information during the review process for own assigned deals as well as for others.
- Participate in workplace projects as needed to increase efficiency.
You will be successful in this role if you have:
- B.A. / B.S. degree in Finance, Accounting, or Commercial Real Estate is required.
- 0-2 years of business experience preferably within financial services
- Exceptional attention to detail
- Excellent verbal, written and presentation skills are essential.
- Must be proficient in the use of MS Office with strengths in Excel and Word.
- Ability to take initiative and work independently and work closely with fellow team members in a collaborative environment.
- Relevant Commercial Real Estate, Rating Agency, or CMBS experience is preferred.
- Familiarity with the CREFC Investor Reporting Package is most helpful.
- Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus
About the Team:
Our commercial real estate credit ratings team monitors a book of over $470 billion transactions spanning across CMBS, Freddie Mac multifamily securitizations, CRE collateralized loan obligations, and single family rental asset classes, among others. Our primary objective is to maintain high quality credit ratings in a timely manner, 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.
Salary Range:
The anticipated annual base salary range for this full-time position is $65,000 to $75,000. 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
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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Skills Required
- B.A. / B.S. degree in Finance, Accounting, or Commercial Real Estate
- 0-2 years of business experience preferably within financial services
- Exceptional attention to detail
- Excellent verbal, written and presentation skills
- Proficient in MS Office, especially Excel and Word
- Familiarity with CREFC Investor Reporting Package
- Relevant Commercial Real Estate, Rating Agency, or CMBS experience
Kroll Bond Rating Agency Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Kroll Bond Rating Agency and has not been reviewed or approved by Kroll Bond Rating Agency.
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Retirement Support — A 401(k) with employer match—often immediately vested—and a pension program are part of the offering. These features strengthen long‑term financial benefits beyond base pay.
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Leave & Time Off Breadth — Paid vacation, holidays, and paid family/disability leave are part of the package, with generous PTO available in many roles. This breadth of time off stands out within the overall package.
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Wellbeing & Lifestyle Benefits — A predictable hybrid schedule (commonly Tuesday–Thursday in office) and wellbeing resources are standard components. These elements support day‑to‑day flexibility and work‑life balance.
Kroll Bond Rating Agency Insights
What We Do
KBRA was established in 2010 in an effort to restore trust in credit ratings by creating new standards for assessing risk and by offering accurate and transparent ratings. KBRA provides the investment community with an alternative solution by delivering timely and in-depth research. KBRA is a full service global rating agency whose mission is to set a standard of excellence and integrity.
