--- title: 'Corporate Credit Funds - Associate / Associate Director (NY) at KBRA' canonical: 'https://feeny.ai/job/corporate-credit-funds-associate-associate-director-ny-kbra-new-york-rbgf7vj8f23f' type: 'job' last_seen: '2026-09-14' --- # Corporate Credit Funds - Associate / Associate Director (NY) at KBRA - **Company:** KBRA - **Location:** New York, NY - **Posted:** 2026-03-10 - **Last confirmed live:** 2026-09-14 - **Apply:** https://job-boards.greenhouse.io/krollbondratingagency/jobs/8440236002 ## Job description Position Title:  Corporate Credit Funds - Associate / Associate Director (NY) Entity: Kroll Bond Rating Agency, LLC Employment Type: Full-time Location: New York, NY Summary/Overview: KBRA (Kroll Bond Rating Agency, LLC) is seeking an Associate/Associate Director to join our growing Corporate Credit Funds team in the New York office.  The Corporate Credit Funds team assigns and monitors credit ratings on various debt instruments backed by portfolios of middle market corporate loans, including senior secured direct lending investments, along with other corporate loans, notes, and bonds. The team focuses on private credit and direct lending transactions, including feeder fund rated notes, master fund credit facilities, middle market CLOs, corporate loan and bond portfolios, and select synthetic risk transfer structures. The team evaluates financing solutions that enable capital formation, fund investment, and liquidity management for private credit managers and institutional investors. A strong candidate will have experience in corporate credit, private credit, direct lending, or structured credit, with familiarity in portfolio construction, asset performance, structural protections, and cash flow dynamics. The primary focus of this role is fund debt transactions supported by portfolios of middle market direct lending investments, primarily senior secured corporate loans, as well as other corporate credit instruments; however, experience in CLOs or structured credit is highly relevant, as the analytical skills, including collateral pool assessment, tranche risk analysis, cash flow modeling, and structural review, are transferable. About the Job: - Assist in the new issuance rating process, including evaluation of transaction capital structures, legal protections, collateral quality, portfolio composition, asset performance, and cash flow dynamics. - Assist in the analysis of portfolios of corporate loans, bonds, and other credit instruments, including middle market and sponsor-backed exposures. - Participate in due diligence meetings with asset managers, direct lenders, arrangers, and issuers to assess underwriting standards, portfolio management practices, risk management frameworks, and performance history. - Contribute to the preparation of rating memoranda and new issuance reports. - Support ongoing monitoring and surveillance of outstanding transactions, tracking portfolio performance, credit migration, and concentration trends. - Maintain transaction databases and analytical tools. - Collaborate with KBRA experts across structured credit, corporate finance, financial institutions, and ABS to evaluate cross-sector and hybrid portfolio transactions. - Contribute to credit research and publications related to corporate portfolio finance, direct lending, and structured credit markets. You will be successful in this role if you have: - Bachelor’s degree in Finance, Business, Economics or Math related fields. - Two (2) to four (4) years of work experience in corporate credit analysis, private credit, direct lending, fund investing, CLO analysis, or structured finance. - Strong interest in middle market lending and private credit markets. - Basic understanding of corporate loan structures, capital structures, and credit analysis. - Proficiency in Excel; experience with financial modeling and cash flow analysis preferred. - Strong written and verbal communication skills. - High attention to detail and ability to manage multiple assignments in a fast-paced environment. - Ability to manage time and resources in fast-growing company. - Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus. Salary Range: The anticipated annual base salary range for this full-time position is $105,000 to $140,000. Offer amounts are determined by factors such as experience, skills, geography, and other job-related factors. Benefits: - A hybrid work schedule (Tuesday, Wednesday and Thursdays 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 ## 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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