KBRA
REIT and Real Estate Fund Ratings Analyst - Director/Senior Director (NY)
New York, New York, United States · Director · Contract
Sponsorship not specifiedDetected 21 days ago
LLMsFinancial ModelingExcelResearchCommunicationPublic SpeakingGAAP
About the role
- Kroll Bond Rating Agency (KBRA) is seeking an experienced real estate investment trust ( REIT ) credit analyst to join its REIT/Real Estate Funds group in New York.
- Analysts in the group are responsible for initial ratings and surveillance of corporate-level unsecured debt of REITs, institutional real estate funds, and related CRE operating companies, both in the U.S. and Europe.
- Analysts are typically responsible for 10-12 credits, updating financial models, monitoring industry conditions and trends, participating in calls with senior management, and preparing annual ratings surveillance reports and committee memorandums.
Responsibilities
- Lead rating committee presentations and meetings with company management, investors, and bankers to discuss relative merits of individual companies, property types, property markets/economies, and financing/issuer structures.
- Review terms of bond offering documents and credit facilities and monitor covenant compliance.
- Maintain peer group comparisons of credit metrics generated internally and from third-party sources.
- Intermediate Microsoft Excel skills including ability to build pro forma financial models.
- Ability to meet deadlines and manage rating process.
Requirements
- Bachelor's degree required
- 8+ years of experience in research covering REITs or real estate experience.
- Proficiency in review of issuer financial statements-including GAAP, fair-market-value and IFRS.
- Proficiency in use of Bloomberg for sourcing issuer-reported documents and in financial analysis.
Nice to have
- Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus.
Compensation
- The anticipated annual base salary range for this full-time position is $150,000 to $220,000.
- Offer amounts are determined by factors such as experience, skills, geography, and other job-related factors.
Benefits
- Competitive benefits and paid time off
- Paid family and disability leave
- Educational and professional development financial assistance
- Employee referral bonus program
Company info
- 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.
- 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.
Visa & Work Authorization
- 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
This listing is sourced directly from KBRA's careers page and normalized into a canonical job model.