--- title: 'CMBS - Associate Director (NY) at KBRA' canonical: 'https://feeny.ai/job/cmbs-associate-director-ny-kbra-new-york-0p5f4s9pv6qv' type: 'job' last_seen: '2026-11-02' --- # CMBS - Associate Director (NY) at KBRA - **Company:** KBRA - **Location:** New York, NY - **Posted:** 2026-10-29 - **Last confirmed live:** 2026-11-02 - **Apply:** https://job-boards.greenhouse.io/krollbondratingagency/jobs/8885585002 ## Job description Position Title: CMBS - Associate Director (NY) Entity: Kroll Bond Rating Agency, LLC Employment Type: Full-time Location: New York, New York, United States Summary/Overview: Kroll Bond Rating Agency (KBRA) is seeking an experienced Commercial Real Estate (CRE) credit analyst to join its industry-leading commercial mortgage-backed securities (CMBS) New Issuance ratings group in its New York City headquarters. Analysts in the group are responsible for transaction execution, including conducting credit analysis, authoring published reports, and presenting analysis for the assignment of credit ratings to conduit, single-borrower, CRE CLO, single-family rental, and other types of CMBS transactions. About the Job: - Conduct commercial real estate (CRE) property cash flow and valuation, and loan credit analysis in accordance with KBRA’s methodologies across all CRE property types. - Lead end-to-end execution of transactions, including - conducting property, loan and transaction level credit analysis - presenting and defending the analysis internally to senior managers and in credit/ratings committees, and externally to banks - leading preparation of externally published comprehensive transaction reports - managing the process that involves multiple internal and external parties and work-streams - Conduct property site inspections throughout the U.S. and related management meetings You will be successful in this role if you have: - Bachelor’s degree in a relevant field of study. Advanced degree and successful progression towards the CFA designation are pluses. - Five or more years of relevant CRE debt underwriting or CMBS securitization experience. - Credit / underwriting experience across multiple CRE property types - Proficient in conducting extensive analysis in Excel - Possess strong oral and written communications skills - Exceptional attention to detail, with a strong commitment to quality. - Ability to multi-task and manage through multiple compressed timelines. Be able to work both independently and in a highly collaborative inter-dependent team environment. Salary Range: The anticipated annual base salary range for this full-time position is $120,000 to $160,000. Offer amounts are determined by factors such as experience, skills, geography, and other job-related factors. Benefits: - A hybrid work schedule (Tuesday, Wednesday, Thursday in the office) - Competitive benefits and paid time off - Paid family and disability leave - 401(k) plan, including employer match (100% vested) - Educational and professional development financial assistance - Employee referral bonus program - Cell phone provided About Us: 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. More Info: KBRA encourages applications from all qualified individuals without regard to race, color, religion, gender, sexual orientation, gender identity or expression, age, national origin, marital status, citizenship, disability, and veteran status or any other basis prohibited by federal, state or local law. ## #LI-KS1 ## #LI-HYBRID ## About KBRA ## Company Overview - **One-liner**: KBRA is a global full-service credit rating agency and provider of financial data and analytics, established to restore trust in credit ratings following the 2008 financial crisis. - **Entity Type**: Private (ownership details not publicly disclosed) - **Headquarters**: New York, New York, USA - **Founded**: 2010 - **Founders**: Jules Kroll and Jim Nadler (co-founders) ## Core Business - **Primary industries**: Financial services – credit ratings, financial data & analytics, market intelligence - **Target customers**: B2B – institutional investors, issuers, underwriters, and other financial market participants - **Mission statement**: "Set a standard of excellence and integrity" – rebuilding trust in credit ratings through transparency, rigorous analysis, and innovation. ## Products & Services - **KBRA Ratings**: Full-service credit rating agency covering asset classes such as structured finance (ABS, CMBS, RMBS), corporate & government bonds, project finance, infrastructure, and funds. Provides timely, transparent credit opinions. - **KBRA Analytics**: Data and analytics platform offering tools for deeper analysis and rapid discovery. Includes: - **KBRA Financial Intelligence (KFI)**: Data and analytics for the financial community. - **KBRA Credit Profile (KCP)**: A next-generation, data-centric credit analysis application. - **Credit Intelligence**: Advanced credit research and monitoring tools. - **KBRA Premium**: Premium insights and data feeds. ## Market Standing - **Valuation/Revenue**: Not publicly available (private company) - **Key Metrics**: - 650+ employees - 96,315+ ratings issued - $4.78 trillion in rated issuance - **Notable Investors/Partners**: Not disclosed; ownership structure is private. - **Growth Signals**: Global expansion into Europe, Middle East, and APAC markets (offices in London, Dublin, Tokyo); continuous hiring across ratings and analytics teams; strong headcount growth since founding. ## Competitive Advantages - **Trust & Credibility**: Founded post-2008 crisis with a mission to restore integrity in credit ratings – a strong differentiator against incumbents like Moody’s, S&P, and Fitch. - **Innovation**: Data-centric applications (KCP, KFI) and a technology-forward approach to credit analysis. - **Global Reach**: Full-service capabilities across major markets (US, Canada, Europe, APAC) with a diversified asset class coverage. - **Culture of Integrity & Collaboration**: Emphasizes ethical behavior, teamwork, and transparency as core pillars. ## Strategic Focus - Continue expanding into new geographies and asset classes. - Deepen data and analytics capabilities through KBRA Analytics. - Attract top talent to build the “future of ratings and analytics.” - Maintain a strong compliance and governance framework to sustain trust. ## Why Work Here - **Culture**: Collaborative environment that values innovation, integrity, and diverse perspectives. Emphasis on employee well-being and community impact through “KBRA Cares” program. - **Work Policy**: Hybrid working model (flexible in-office/remote); remote roles available (e.g., Ratings Data Sales – Director, Lead Full-Stack Platform Engineer). - **Benefits**: Comprehensive health & wellness plans, 401(k) match and pension program, flexible vacation, tuition reimbursement for job-related skills, and professional development support. - **Career Growth**: Opportunities across Ratings and Analytics teams; 49 active job postings (as of search date) in locations including New York, Chicago, London, Dublin, Tokyo, and remote. - **Engineering Culture**: Technology roles in platform engineering, data engineering, and business applications – part of a modern, data-centric firm. ## Sources 1. [KBRA Company Overview](https://www.kbra.com/company/overview) 2. [KBRA Analytics](https://www.kbra.com/analytics/products/kfi) 3. [KBRA Careers](https://www.kbra.com/company/careers) 4. [KBRA Job Board (Greenhouse)](http://job-boards.greenhouse.io/krollbondratingagency) 5. 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