Corporate Credit Funds - Associate / Associate Director (London)

KBRA; Greater London; Ibrido; GBP 70.000 - 110.000; Tempo pieno

Vantaggi offerti da questo lavoro

Pension plan

Education and professional development

Employee referral bonus program

Competitive benefits and paid time off

Descrizione del lavoro

KBRA is seeking an Associate/Associate Director to join the Corporate Credit Funds team in London. The role focuses on rating analysis for middle market private credit and direct lending, with responsibilities spanning new issuance evaluation, portfolio analysis, and ongoing surveillance.

Ideal candidates will have 2–4 years in corporate or private credit, strong Excel and financial modeling skills, and an interest in structured credit and portfolio finance.

Competenze

• Bachelor’s degree in Finance, Business, Economics or Math related fields.
• 2–4 years of work experience in corporate credit analysis or private credit.
• Strong interest in middle market lending and private credit markets.
• Proficiency in Excel; financial modeling and cash flow analysis preferred.
• Excellent written and verbal communication skills.

Mansioni

• Assist in the new issuance rating process, evaluating capital structures, protections, collateral, and cash flows.
• Analyze portfolios of corporate loans and bonds, including middle market and sponsor-backed exposures.
• Participate in due diligence meetings with asset managers, arrangers, and issuers.
• Contribute to rating memoranda and new issuance reports.
• Support ongoing monitoring and surveillance of outstanding transactions.
• Maintain transaction databases and analytical tools.
• Collaborate with KBRA experts across sectors to evaluate cross-portfolio transactions.
• Contribute to credit research and publications related to corporate portfolio finance and private credit markets.

Conoscenze

Excel

Financial modeling

Cash flow analysis

Communication

Formazione

Bachelor’s degree in Finance, Business, Economics or Math related fields

Descrizione del lavoro

Corporate Credit Funds - Associate / Associate Director (London)

London, United Kingdom

Position Title: Corporate Credit Funds - Associate / Associate Director (London)

Entity: Kroll Bond Rating Agency UK Limited

Employment Type: Full-time

Location: London, England

Summary/Overview:

KBRA (Kroll Bond Rating Agency, LLC)is seeking an Associate/Associate Director to join our growing Corporate Credit Funds team in the London office. The 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.
• A flexible hybrid work schedule – Tuesdays, Wednesdays, Thursdays in the office
• Competitive benefits and paid time off
• Pension plan
• 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. Kroll Bond Rating Agency UK is located at Augustine House, Austin Friars, London, EC2N 2HA, United Kingdom.

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