Position Title: Associate, Associate Director, or Director
Department: CMBS New Issuance
We’re seeking an Associate, Associate Director, or Director (title based on experience) to join our team based in New York. You should have 3 to 10+ years of real estate finance or underwriting experience to join our growing Commercial Mortgage-Backed Security (CMBS) New Issuance team.
About the Team
Our CMBS New Issuance team rates transactions spanning across CMBS, CRE CLO and SFR asset classes, among others. Our primary objective is to assign credit ratings and perform high quality work in a timely manner, which involves conducting property cash flow and valuation analysis; pool-level and structure analysis; and publishing our viewpoints based on our research and analysis. We pride ourselves on the quality, accuracy, timeliness and consistency of our product.
About the Job
You will lead New Issue CMBS transactions, including performing and overseeing general pool analysis and overall transaction management. You will develop detailed cash flow analyses for commercial real estate properties and author comprehensive asset summaries for external consumption. You will be responsible for drafting presale reports which highlight the transaction’s key credit considerations and pool characteristics. You will conduct property site visits, averaging several days per month, and document findings for internal and external use. In this role, you will prepare research and data compilation as topical credit issues arise to facilitate ongoing property cash flow and rating analyses. Research reports will be published, as necessary. You will prepare and deliver internal and external presentations in Word and Excel. Lastly, you are expected to manage or mentor junior members of the team.
You are motivated to succeed in a fast paced, deadline driven environment. You work well independently and are able to effectively collaborate with your team members.
You will be successful in this role if you:
- Have at least 3 to 10+ years of relevant commercial real estate finance or CMBS experience, preferably underwriting loans.
- Have a bachelor’s degree, preferably in finance, accounting or real estate. A master’s degree is a plus.
- Possess strong Excel and Word skills.
- Pay exceptional attention to detail.
- Have strong oral and written communications skills
- Have the ability to take initiative and work independently, as well as work closely with fellow team members in a collaborative environment.
- Have a valid driver’s license and clean driving history.
KBRA is a global full-service rating agency on a mission to set a standard of excellence and integrity. Established in 2010 as a challenger brand, KBRA remains dedicated to the restoration of trust in credit ratings. We accomplish this through the creation of new standards for assessing risk and by offering accurate and transparent ratings. KBRA provides market participants with an alternative solution through our timely and in-depth research across various sectors. Since the company was founded, we have published over 32,200 ratings. KBRA has over 350 employees located across the United States (in New York, Pennsylvania and Maryland) and in Dublin, Ireland and London, England.
- Financial Analysis
1+ to 2 years