Financial Institutions - Associate / Associate Director (Chicago)

Krollbondratingagency; Chicago (IL); Hybrid; USD 95,000 - 140,000; Full time

Benefits offered by this job

Hybrid work schedule

Competitive benefits

Paid family and disability leave

401(k) plan

Educational assistance

Employee referral bonus

Job summary

Kroll Bond Rating Agency, LLC (KBRA) is looking for an experienced Associate/Associate Director for its Financial Institutions team in Chicago. This role emphasizes credit ratings and research on banking institutions.

The successful candidate will analyze financial statements, create research reports, and present rating recommendations. Applicants should possess a bachelor's degree, relevant experience, and strong communication skills.

Qualifications

• Minimum of 3 years of experience in a financial institution or credit rating agency.
• Strong proficiency in communication and advanced Excel.
• Relevant expertise in credit ratings or banking sector experience.

Responsibilities

• Conduct in-depth analysis of financial statements.
• Create committee memos and detailed research reports.
• Collaborate to produce comprehensive industry reports.
• Present rating recommendations to rating committees.
• Continuously monitor a portfolio of financial institutions.

Skills

Verbal and written communication

Advanced Excel skills

Credit analysis

Collaborative teamwork

Familiarity with Generative AI tools

Education

Bachelor’s degree

Advanced graduate degree or CFA designation

Job description

Position Title: Financial Institutions - Associate / Associate Director (Chicago)

Entity: Kroll Bond Rating Agency, LLC

Employment Type: Full-Time

Location: Chicago, Illinois

Summary/Overview:

KBRA (Kroll Bond Rating Agency, LLC) is seeking an experienced Associate / Associate Director to join its growing Financial Institutions team. This role will be focused on credit ratings and research primarily on banking institutions. The position will be based in KBRAs Chicago office.

Job Responsibilities:

• Conduct in-depth analysis of financial statements from banks and other financial institutions to develop rating recommendations.
• Create committee memos, detailed research reports, and analytical materials including quantitative and qualitative assessments to support rating decisions.
• Collaborate with team members to produce comprehensive industry reports.
• Present rating recommendations to KBRA rating committees and actively participate in management meetings with rated financial institutions, as well as investor meetings and calls.
• Continuously monitor a portfolio of financial institutions to identify and assess significant developments.

You will be successful in this role if you

• A bachelor’s degree is required; an advanced graduate degree and/or CFA designation is highly desirable.
• A minimum of 3 years of professional experience in a financial institution or credit rating agency.
• Strong proficiency in verbal and written communication, as well as advanced Excel skills.
• Proven ability to collaborate effectively within a team in a fast-paced and dynamic environment.
• Relevant expertise in credit analysis, credit ratings, or direct experience in the banking sector.
• 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 $95,000 to $140,000. Offer amounts are determined by factors such as experience, skills, geography, and other job-related factors.

KBRA 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 statusor any other basis prohibited by federal, state or local law.

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