KBRA
Funds Ratings - Associate / Associate Director (London)
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Funds Ratings - Associate / Associate Director (London)
Funds Ratings – Associate / Associate Director (London)
Position Title: Funds Ratings – Associate / Associate Director Employer: Kroll Bond Rating Agency UK Limited Employment Type: Full-time Location: London, England
Overview & Summary
Kroll Bond Rating Agency UK Limited is seeking an Associate or Associate Director to join its growing Funds Ratings team in our London office. The team specialises in assigning and monitoring credit ratings for debt instruments issued by funds, closed-end funds, and other fund vehicles. We assign ratings across a diverse portfolio that includes fixed income, private equity, private credit, real estate, and middle market lending. We are seeking a proactive candidate with a strong interest in fund investment and credit strategies, and a proven ability to perform in-depth credit analysis.
About the Job
Key Responsibilities
- Assist with credit research on funds, closed-end funds, and other investment vehicles
- Collaborate on the development and refinement of rating tools, including cash flow and asset coverage models used for evaluating fund debt structures
- Prepare and present internal credit memos and analytical publications for stakeholders
- Participate in due diligence meetings with fund management teams to assess their investment acumen, risk management and strategy execution capabilities
- Develop and maintain complex analytical models, spreadsheets and databases
- Collaborate with KBRA experts across rating sectors, including project finance, corporate finance, structured finance and private credit
- Perform research for both internal and external publication purposes
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As an early career associate, you will be expected to grow into more independent respective ownership of your work. In comparison, our Associate Directors commonly have responsibility for:
- Independently leading credit reviews and rating processes for various fund-related transactions
- Directing or assisting with the development of rating methodologies and cash flow projection models
Requirements
To succeed, you should demonstrate:
Education & Experience
- Bachelor’s degree in finance, business, mathematics, or a related field; or another degree that develops strong analytical skills might also be considered, particularly with relevant experience
- 4+ to 8 years of credit analysis experience (structured prioritity for those with exposure to fund lending, private credit or structured finance), with further CRA experience strongly preferred
Technical & Sector-Specific Skills
- Excellent analytical and time-management skills, with a high attention to detail — ensuring accuracy and understanding the nuances of a complex rating process
- Proven ability to collaborate with cross-functional teams, including independent judgement and diplomatically interacting with external parties
- Excel mastery, with a strong preference for candidates who can leverage advanced financial modelling
- SQL and/or VBA familiarity is a competitive advantage
- CFA (or CFA candidate) designation is viewed as a hallmark of strong analytical ability
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Voluntary learning preferences
- Familiarity with Generative AI tools as auxiliary research assistance is increasingly relevant
Conditions & Benefits
| Benefit | Details |
|---|---|
| Work Schedule | FlexWork: Focus on Tuesdays, Wednesdays, and Thursdays in the office, with remote flexibility for other days |
| Remuneration | Competitive salary with performance-based incentives |
| Benefits | Comprehensive package including health benefits, paid leave, and pension plan contributions |
| Learning Development | Financial support for professional development or education |
| Referral Bonus | Employee referral bonus scheme in place |
About Us
Kroll Bond Rating Agency UK Limited (and its parent group, KBRA) is a full-service credit rating agency operating under several registered CRA platforms across continents:
- Siplenated SEC (NRSRO) status (KBRA, LLC)
- EU CRA registration (EECSMA-ion Theaferits and approvingulersy) Yes
- UKFCA (Financial Conduct Authority) under Temporary Registration Regime
- Ontario Public Assisted Filing Province for Asset-Backed Securities (ABs) privately.teriorifics
- Credit Rating Provider under the NAIC agreement (National Association of Insurance Commissioners).
We specialize in an array of sectors and asset classes, offering our propriety internal techniques both in structronicularly relials infrastructure and demanding model complexes. In London, we also maintain offices at:
Address: 1st Floor, Marble Arch House 66 Seymour Street, London W1H 5BT England
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