Funds Ratings Associate
US$100,000 – US$130,000 / yr base salary
Posted 30 Apr 2025
Advertised as “Funds Ratings - Associate / Associate Director (Chicago)”
BranchFactor Summary
The original posting with the fluff stripped out
- Expected experience
- 4–8 yrs
- Management level
- Individual contributor
- Employment
- Hybrid
- Contract
- Full-time
| Base salary | US$100,000 – US$130,000 / yr |
|---|
Field of studyBusiness, Finance, Mathematics (or related)
Study levelBachelor's
CertificationsCfa
Position Title: Funds Ratings - Associate / Associate Director (Chicago)
Entity: Kroll Bond Rating Agency, LLC
Employment Type: Full-time
Location: Chicago, IL
Summary/Overview:
Kroll Bond Rating Agency, LLC. is seeking an Associate/Associate Director to join our growing Funds Ratings team in the Chicago office. The Funds team assigns and monitors credit ratings on various debt instruments issued by funds, closed-end funds, and other fund vehicles. KBRA’s growing ratings portfolio encompasses funds which leverage a variety of asset growth and income generation strategies including fixed income securities, private equity, private credit, real estate, and middle market lending. A strong candidate will have extensive experience and interest in fund investment and credit strategies.
About the Job:
- Assist with credit research on a variety of funds, closed-end funds, and other investment vehicles.
- Assist with the development of rating and analytical tools such as cash flow and asset coverage models used to evaluate fund debt structures.
- Assist in the quantitative and qualitative preparation and presentation of internal credit memos and publications.
- Participate in diligence meetings with fund management teams to assess their investment acumen, risk management skills, and overall ability to develop and successfully execute strategies.
- Develop and maintain complex spreadsheets and databases.
- Ability to leverage and seamlessly collaborate with KBRA experts in other sectors such as project finance, corporate finance, financial institutions, and structured finance.
- Assist in research for internal and publication purposes.
- Associate Directors will have the ability to independently lead credit ratings process and research efforts on a variety of debt transactions involving investment funds, and other related vehicles and to Lead/assist in the development of rating and analytical tools such as cash flow models used to evaluate fund debt structures.
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.
- Four (4) to Eight (8) years of work experience as a credit analyst with experience in fund lending, investing, or structured finance is a significant plus.