The posting, in KBRA's own words
archived Oct 29, 2026Position 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.
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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.