---
title: 'CMBS Surveillance - Senior Analyst/Associate (PA) at KBRA'
canonical: 'https://feeny.ai/job/cmbs-surveillance-senior-analyst-associate-pa-kbra-dresher-g6xkp30z8dpk'
type: 'job'
last_seen: '2026-09-07'
---

# CMBS Surveillance - Senior Analyst/Associate (PA) at KBRA

- **Company:** KBRA
- **Location:** Dresher, PA
- **Posted:** 2026-07-31
- **Last confirmed live:** 2026-09-07
- **Apply:** https://job-boards.greenhouse.io/krollbondratingagency/jobs/8659145002

## Job description

Position Title: CMBS Surveillance - Senior Analyst/Associate (PA)

Entity: Kroll Bond Rating Agency, LLC

Employment Type: Full-time

Location: Dresher, Pennsylvania

Summary/Overview:

KBRA (Kroll Bond Rating Agency) is seeking a Senior Analyst or Associate to join our growing commercial real estate (CRE) credit ratings team in the Dresher, PA office.

Job Responsibilities:

- Lead end-to-end surveillance of an assigned portfolio of commercial mortgage-backed securities (CMBS) in accordance with organizational guidelines, including the preparation and presentation of analyses to committees and the publication of transaction reports.
- Develop detailed cash flow analysis for commercial real estate properties. Assess credit risk of a transaction in collaboration with other team members to develop and present credit opinions on assigned transactions. Prepare detailed reports for publication.
- Provide support to other senior team members in property cashflows.
- Support group operations and processes managing the request and flow of information during the review process for own assigned deals as well as for others.
- Participate in workplace projects as needed to increase efficiency.

You will be successful in this role if you have:

- B.A. / B.S. degree in Finance, Accounting, or Commercial Real Estate is required.
- 2-4 years of business experience preferably within financial services
- Exceptional attention to detail
- Excellent verbal, written and presentation skills are essential.
- Must be proficient in the use of MS Office with strengths in Excel and Word.
- Ability to take initiative and work independently and work closely with fellow team members in a collaborative environment.
- Relevant Commercial Real Estate, Rating Agency, or CMBS experience is preferred.
- Familiarity with the CREFC Investor Reporting Package is most helpful.
- Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus.

About the Team:

Our commercial real estate credit ratings team monitors a book of over $470 billion transactions spanning across CMBS, Freddie Mac multifamily securitizations, CRE collateralized loan obligations, and single family rental 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.

Salary Range:

The anticipated annual base salary range for this full-time position is $75,000 to $110,000. 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 Dresher, Pa. 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

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-DG1

## #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. [KBRA LinkedIn](https://www.linkedin.com/company/kroll-bond-rating-agency-llc)

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