Description
CMBS Director – Surveillance
Kroll Bond Rating Agency, Inc. is seeking experienced Director-level candidates to join its growing Commercial Mortgage-Backed Security (CMBS) team at either its Dresher, PA office or the New York City office.
About the Team
Our CMBS surveillance team monitors a book of over $350 billion transactions spanning across CMBS, CRE CLO and SFR 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.
Key Job Requirements are as follows:
- Lead end-to-end surveillance of an assigned portfolio of CMBS transaction in accordance with organizational guidelines, including the preparation and presentation of analyses to committees and the publication of transaction reports. Transaction types may include conduit, agency, single borrower, large loan, CRE CLO, and/or small balance CMBS.
- Develop detailed cash flow analysis for commercial real estate properties. Perform pool-level analysis in collaboration with the analytics team to develop and present credit opinions on assigned transactions. Prepare detailed surveillance reports for publication.
- Respond to servicer requests regarding a variety of post securitization matters, including loan assumptions and defeasance.
- Produce topical research and commentary such as credit or marketplace trends, and research to effectively monitor ratings exposure to weather related and credit events.
- Participate in workplace projects as needed to increase efficiency.
- Conduct property site visits, when needed, and document findings for internal and external use.
- Direct and lead junior analysts and associates.
Key Skills/Expertise/Experience
- 8+ years of relevant commercial real estate, rating agency, or CMBS experience. An advanced degree in real estate finance may partially count towards requisite experience.
- Advanced degree preferred, bachelors required, preferably in finance, accounting or real estate
- Strong Excel and Word skills
- Familiarity with the CREFC Investor Reporting Package is a plus.
- Familiarity with technology and programming is a plus, but not required.
- Exceptional attention to detail
- Strong oral and written communications skills
- Ability to take initiative and work independently, as well as work closely with fellow team members in a collaborative environment.
About Us
Kroll Bond Rating Agency (KBRA) is a full service global rating agency whose mission is to set a standard of excellence by providing users of our ratings with transparent, responsive and timely analysis. KBRA offers market participants an alternative solution by delivering in-depth research as well as the tools needed to make informed investment decisions. With over 300 employees globally across the United States and Europe, KBRA is headquartered in New York with additional offices in Pennsylvania, Maryland and Dublin, Ireland. The experienced and extensive team expands across the Structured Finance, Public Finance, Financial Institutions, Project Finance, Insurance and Corporate markets collectively publishing over 10,000 ratings.
How you match
Level of education
- MatchBachelor's Degree
Contact the job poster
Alecsa Follender
Human Resources Associate at Kroll Bond Rating Agency, Inc.
Job Details
Seniority Level
Director
Industry
- Financial Services
Employment Type
Full-time
Job Functions
- Analyst
This job is no longer active.