At a Glance
- Tasks: Lead the rating process for funds, assess investment strategies, and mentor junior team members.
- Company: Join Kroll Bond Rating Agency, a leading credit rating agency with a strong reputation.
- Benefits: Enjoy a full-time role in London with opportunities for professional growth and industry engagement.
- Why this job: Be part of a dynamic team impacting fund operations and capital structures while developing your skills.
- Qualifications: Bachelor’s degree and 8+ years in fund finance or structured finance required; CFA interest is a plus.
- Other info: Familiarity with Generative AI tools for research is advantageous.
The predicted salary is between 72000 - 108000 £ per year.
Kroll Bond Rating Agency UK Limited is seeking a Director to join our growing Funds Ratings team in the London office. The Funds team assigns and monitors credit ratings on various debt instruments issued by funds and other fund vehicles. KBRA evaluates financing instruments that support fund operations, enhance liquidity, and optimize capital structures. These include subscription credit lines, NAV-based loans, and credit facilities. A strong candidate will have extensive experience and interest in fund investment and credit strategies and how funds operate, deploy capital, and generate cash flows.
About the Job:
- Lead new issuance rating process, including evaluating key factors such as capital structure, legal protection, collateral quality, cash flow dynamics, and the manager’s experience.
- Conduct due diligence meetings with issuers and managers to assess their investment process, experience, and risk management skills.
- Prepare rating memos and new issuance reports, making recommendations to the rating committees.
- Lead ongoing monitoring and surveillance processes and keep abreast of developments on outstanding issuances and ratings.
- Develop and maintain complex spreadsheets and databases.
- Collaborate with KBRA experts in other sectors to evaluate complex multi-assets strategies.
- Supervise and mentor junior team members to support their development of analytical and professional skills.
- Lead or assist with the development of analytical tools to standardize rating approaches.
- Represent KBRA at industry conferences and engage with market participants.
- Assist with in-depth credit research and publications on new developments related to funds.
You will be successful in this role if you have:
- Bachelor’s degree in Finance, Business, Math, or 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, or other fund finance products.
- Experience reviewing legal documents and understanding of liability structures.
- Advanced proficiency in Excel to build and analyze financial models.
- Ability to assess creditworthiness of funds and assets.
- Strong verbal and written communication skills.
- Strong interpersonal skills to work collaboratively in a dynamic environment.
- CFA or interest in obtaining CFA is a plus.
- Ability to manage time and resources effectively.
- Familiarity with Generative AI tools for research and data insights is a plus.
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. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.
Funds Ratings - Director (London) London, United Kingdom employer: Kroll Bond Rating Agency, Inc.
Contact Detail:
Kroll Bond Rating Agency, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Funds Ratings - Director (London) London, United Kingdom
✨Tip Number 1
Network with professionals in the fund finance and credit rating sectors. Attend industry conferences and events where you can meet potential colleagues or mentors who can provide insights into the role and the company culture at Kroll Bond Rating Agency.
✨Tip Number 2
Stay updated on the latest trends and developments in fund finance, especially regarding subscription lines and NAV financing. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the field.
✨Tip Number 3
Prepare to discuss your experience with complex financial models and how you've used Excel in previous roles. Be ready to share specific examples of how you've assessed creditworthiness and contributed to the rating process.
✨Tip Number 4
Familiarise yourself with Generative AI tools that can assist in research and data analysis. Highlighting your ability to leverage technology in your work can set you apart from other candidates and show your adaptability in a dynamic environment.
We think you need these skills to ace Funds Ratings - Director (London) London, United Kingdom
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in fund finance, investing, or structured finance. Emphasise your understanding of subscription lines and NAV financing, as well as any advanced Excel skills you possess.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the funds ratings sector. Discuss your experience with investment strategies and how it aligns with the responsibilities of the Director position at Kroll Bond Rating Agency.
Showcase Your Analytical Skills: Provide examples of how you've developed or used analytical tools in previous roles. Mention any complex spreadsheets or databases you've managed, as this is crucial for the position.
Highlight Leadership Experience: Since the role involves supervising and mentoring junior team members, be sure to include any relevant leadership experience. Discuss how you've supported the development of others in your previous positions.
How to prepare for a job interview at Kroll Bond Rating Agency, Inc.
✨Showcase Your Expertise in Fund Finance
Make sure to highlight your extensive experience in fund finance and investment strategies during the interview. Be prepared to discuss specific examples of how you've evaluated capital structures and cash flow dynamics in previous roles.
✨Demonstrate Analytical Skills
Since the role involves developing complex spreadsheets and databases, be ready to showcase your advanced Excel skills. You might even want to bring a sample financial model you've worked on to demonstrate your proficiency.
✨Prepare for Due Diligence Discussions
Anticipate questions related to conducting due diligence meetings. Think about how you would assess an issuer's investment process and risk management skills, and be ready to share your approach to these evaluations.
✨Engage with Industry Knowledge
Stay updated on current trends in fund finance and credit ratings. Being able to discuss recent developments or challenges in the industry will show your passion and commitment to the field, making you a more attractive candidate.