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Funds Ratings - Director (Chicago)

KBRA
Location
Chicago, IL
Posted
15 days ago
Department
Funds
Salary
$140,000 to $170,000
What they actually want (must-haves)
  • Bachelor’s degree in Finance, Business, or Math related fields
  • Eight (8) or more years of work experience in fund finance, investing, or structured finance
  • Experience with investment strategies in private equity, private credit, real estate, infrastructure, and asset-based lending facilities
  • Understanding of subscription lines, NAV financing, hybrid facilities, rated feeders, or other fund finance products
  • Experience reviewing legal documents and strong understanding of liability structures, LTV/advance rates, payment priorities, and structural protections
  • Advanced Proficiency in Excel
Nice to have
  • CFA or interest in obtaining CFA
  • Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity
What the job really is

The Funds Ratings - Director at Kroll Bond Rating Agency will lead the rating process for various debt instruments issued by funds, including evaluating capital structures and conducting due diligence with issuers. This role involves preparing rating memos, ongoing monitoring of ratings, and collaborating with other experts to assess complex investment strategies. Additionally, the director will mentor junior team members and represent the agency at industry events.

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
Things to weigh
  • Salary range is stated but may vary based on experience and other factors
  • Role involves significant responsibility and leadership in a specialized field
  • Requires strong analytical skills and familiarity with complex financial instruments
Job score4/5
Benefits3/5
Freshness4/5
Career value4/5
Role clarity4/5
Pay transparency5/5

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