Position Title: RMBS – Analyst/Senior Analyst/Associate (NY, Chicago)
Entity: Kroll Bond Rating Agency, LLC
Employment Type: Full-time
Location: New York, New York, Chicago, IL
Summary/Overview:
KBRA (Kroll Bond Rating Agency) is seeking a credit analyst to join our Residential Mortgage-Backed Security (RMBS) team in its New York, NY or Chicago, IL office. The ideal candidate will have experience in RMBS, knowledge of the residential mortgage sector, or experience in a related field. An Analyst within the RMBS group is 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:
- Perform transaction analysis including originator/servicer evaluation, 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 (which, in some cases, may require travel).
You will be successful in this role if you have:
- B.A. / B.S. degree in a relevant field of study.
- Analyst level: zero (0) to two (2) years of experience in performing credit analysis within the RMBS sector at a Rating Agency, Buy-Side Investor, Credit Research, or similar environment.
- Senior Analyst/Associate level: Either a minimum of two (2) or more years of experience in performing credit analysis within the RMBS sector at a Rating Agency, Buy-Side Investor, Credit Research, or similar environment or an advanced degree such as an MBA.
- Strong Excel skills (excel test may be administered as part of the interview process).
- Strong oral and written communications skills (writing sample on request).
- Exceptional attention to detail.
- Ability to take initiative, work independently, and work closely with partners in a collaborative environment.
- VBA, Python, R and SQL skills are a plus.
- Familiarity with resi-mortgage datasets and tools such as CoreLogic, Fannie/Freddie Single Family Data, Intex etc. 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 $75,000 to $95,000. 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
- Bachelor’s degree in a relevant field of study
- Analyst-level experience: 0 to 2 years performing credit analysis in the RMBS sector, at a rating agency, buy-side investor, credit research firm, or similar environment
- Senior Analyst or Associate-level experience: 2 or more years performing credit analysis in the RMBS sector, at a rating agency, buy-side investor, credit research firm, or similar environment
- Advanced degree such as an MBA for Senior Analyst or Associate-level consideration
- Strong Excel skills
- Strong oral and written communication skills
- Exceptional attention to detail
- Ability to take initiative and work independently
- Ability to collaborate closely with partners
- VBA, Python, R, or SQL skills
- Familiarity with residential mortgage datasets and tools such as CoreLogic, Fannie Mae and Freddie Mac Single-Family Data, or Intex
- Familiarity with generative AI tools such as ChatGPT
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.
