Jobs Funds Ratings - Director/NY. jobs for Funds Ratings - Director/NY
Jobs Funds Ratings - Director/NY!Jobs & AI searches
New York, New York, United States
Position: Funds Ratings - Director (NY)
Location: New York
Position Title:
Funds Ratings - Director (New York)
Entity:
Kroll Bond Rating Agency, LLC
Employment Type:
Full-time
Location:
New York, NY
Summary/Overview:
KBRA (Kroll Bond Rating Agency, LLC) is seeking a Director to join our growing Funds Ratings team in the New York office. The Funds team assigns and monitors credit ratings on various debt instruments issued by funds, and other fund vehicles. KBRA evaluates financing instruments that support fund operations, enhance liquidity, and optimize capital structures. These include subscription credit lines, which provide liquidity by bridging capital calls;
NAV-based loans and credit facilities, which offer leverage against a fund's portfolio assets; and feeder fund rated notes, which facilitate investment through debt instruments. KBRA's growing ratings portfolio encompasses funds which leverage a variety of investment strategies including fixed income securities, private equity, private credit, direct lending, real estate, infrastructure and asset based financing. A strong candidate will have extensive experience and interest in fund investment and credit strategies and how funds operate, deploy capital, and generate cash flows.
About the Job:
Lead new issuance rating process, including evaluating key factors including an issuance's capital structure, legal protection, collateral quality, cash flow dynamics and the manager's experience and track record.
Interact with issuers, conducting due diligence meetings with issuers and managers to assess their investment process, experience, risk management skills, and overall ability to execute strategies.
Prepare rating memos and new issuance report and making recommendations to the rating committees.
Lead ongoing monitoring and surveillance process and keep abreast of developments on the outstanding issuances and ratings.
Develop and maintain complex spreadsheets and databases.
Collaborate with KBRA experts in other sectors such as project finance, corporate finance, financial institutions, and structured finance to develop approaches to evaluating complex multi-assets strategies.
Supervise and mentor junior team members to leverage their contributions while supporting their development of analytical and professional skills.
Lead or assist with the development of analytical tools to standardize rating approaches and streamline new issuance and surveillance processes.
Represent KBRA at industry conferences, panels, and investor meetings, engaging with market participants to share insights on fund ratings and credit trends.
Assist with in-depth credit research and publications on new development, trends or topical subjects related to funds.
You will be successful in this role if you have:
Bachelor's degree in Finance, Business, or Math related fields or any subject that results in strong analytical skills.
Eight (8) or more years of work experience in fund finance, investing, or structured finance.
Experience with investment strategies in private equity, private credit, real estate, infrastructure, and asset-based lending facilities.
Understanding of subscription lines, NAV financing, hybrid facilities, rated feeders, or other fund finance products.
Experience reviewing legal documents and strong understanding of liability structures, LTV/advance rates, payment priorities, and structural protections.
Advanced Proficiency in Excel is required to build and analyze excel based financial models to assess asset cash flow projections, and debt repayment under stress scenarios
Ability to assess creditworthiness of funds, assets, and counter parties; understanding how this applies to rating methodologies is a plus.
Strong verbal and written communication skills to prepare clear, concise, and well-reasoned credit memos and reports and present them to committees in an efficient manner.
Strong interpersonal skills to work as an integral part of a highly collaborative team and across disciplines in a challenging and dynamic environment and effectively manage internal and external relationships.
CFA or interest in obtaining CFA a plus
Ability to manage time and resources in fast-growing company.
Familiarity with Generative AI tools such…
Slangs & AI meanings
Railings is British slang for the teeth.
Widows' and orphans' fund is American slang for money given as a bribe.
Electronic Funds Transfer
Non-Public Funds.
Ranting is British slang for a style of aggressive stand−up poetry recital.
Eating in is nursing slang for having intravenous feeding.
Slush fund was nautical slang for a fund of money raised from the sale of slush and used to buy luxuries for the crew.
Raving is slang for the act of going to a rave.
Bee stings is slang for very small breasts.
Noun. A fundamentalist, a devout religious follower. Also spelt fundi, and fundie.
Adj. Great, immense, extreme. A general intensifier. E.g."I had a raging headache last night".
Ground rations is Black−American slang for sexual intercourse
Raging is British rhyming slang for a first−class honours degree.
Funds Ratings - Director/NY
Railings is British slang for the teeth.
Widows' and orphans' fund is American slang for money given as a bribe.
Electronic Funds Transfer
Non-Public Funds.
Ranting is British slang for a style of aggressive stand−up poetry recital.
Eating in is nursing slang for having intravenous feeding.
Slush fund was nautical slang for a fund of money raised from the sale of slush and used to buy luxuries for the crew.
Raving is slang for the act of going to a rave.
Bee stings is slang for very small breasts.
Noun. A fundamentalist, a devout religious follower. Also spelt fundi, and fundie.
Adj. Great, immense, extreme. A general intensifier. E.g."I had a raging headache last night".
Ground rations is Black−American slang for sexual intercourse
Raging is British rhyming slang for a first−class honours degree.
Funds Ratings - Director/NY