Corporate Portfolio Finance Research – Associate Director (NY)

<p>&nbsp;</p> <p><strong>Position: Corporate Portfolio Finance Research &nbsp;– Associate Director (NY)</strong></p> <p><strong>Entity: Kroll Bond Rating Agency, LLC</strong></p> <p><strong>Employment Type: Full-Time</strong></p> <p><strong>Location: New York, NY</strong></p> <p><strong><u>Summary/Overview</u></strong></p> <p>KBRA is seeking an Associate Director to join its Corporate Portfolio Finance Research Group, a highly visible and interconnected team responsible for producing market-facing, data-driven research focused on the private credit ecosystem. The role sits at the center of KBRA’s proprietary data ecosystem and focuses on translating complex datasets into credit-oriented insights for investors, issuers, fund managers, bankers, and internal stakeholders.</p> <p><strong><u>About the Job</u></strong></p> <ul> <li>Develop research in collaboration with sector experts, leveraging years of proprietary data, including: <ul> <li><strong>Corporate </strong>research that leverages KBRA’s access to financial statements, lender investment memoranda, and credit agreements for more than 5,300 sponsor-backed middle market companies.</li> <li><strong>Fund</strong> research derived from rated note feeders, collateralized fund obligations, private equity net asset value loans, and asset-based finance reporting and performance.</li> <li><strong>Structured credit </strong>research, including analysis of collateralized loan obligations (CLOs) and related structured products.</li> </ul> </li> <li>Develop a deep understanding of the key drivers of credit performance, including how private markets function, risk dynamics, and return generation.</li> <li>Collaborate with senior members across the firm on research, database development, and analysis.</li> <li>Participate in diligence meetings with fund management teams to understand key themes and risks emerging in private markets.</li> <li>Lead the development of thematic, market-facing research pieces that shape external perspectives on private markets.</li> <li>Track defaults and recoveries, and research the underlying drivers.</li> <li>Write quarterly reports on corporate credit, structured credit, and fund-related topics, as well as intermittent updates based on recent trends or news.</li> <li>Develop presentations used internally and for public conferences.</li> </ul> <p><strong><u>You will be successful in this role if you have</u></strong></p> <ul> <li>A keen curiosity about private markets and credit with a demonstrated capability and willingness to learn.</li> <li>Attention to detail.</li> <li>Demonstrated initiative to explore ideas and develop original, defensible, data-driven views that can be synthesized into public papers.</li> <li>Strong understanding of either corporate, fund, or structured credit analysis.</li> <li>Strong writing skills.</li> <li>Familiarity with generative AI tools (e.g., ChatGPT). Coding or programming experience is a plus.</li> <li>4-8+ years of experience in credit, research, banking, journalism, investing, or structured finance.</li> <li>A bachelor's degree.</li> </ul> <p><strong><u>Salary Range:</u></strong></p> <p>The anticipated annual base salary range for this full-time position is $120,000 to $150,000. Offer amounts are determined by factors such as experience, skills, geography, and other job-related factors.</p> <p><strong><u>Benefits:</u></strong></p> <ul> <li>A hybrid work schedule (Tuesday, Wednesday and Thursdays in the office)</li> <li>Competitive benefits and paid time off</li> <li>Paid family and disability leave</li> <li>401(k) plan, including employer match (100% vested)</li> <li>Educational and professional development financial assistance</li> <li>Employee referral bonus program</li> </ul> <p><span style="text-decoration: underline;"><strong>About Us</strong></span></p> <p>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.</p> <p>&nbsp;</p> <p>#LI-KS1</p> <p>#LI-HYBRID</p> <p>&nbsp;</p> <p>&nbsp;</p>