RMBS Attorney, Ratings Legal

Department: Ratings Legal

Employment Type: Full-time

Location: New York

Summary/Overview

We are seeking an RMBS Attorney to join the Ratings Legal team in our New York office. You will work alongside KBRA’s RMBS analysts on a wide range of transactions, including jumbo prime, non-qualified and investor residential mortgage loan securitizations, early buy-out transactions and credit risk transfer transactions. You will also have the opportunity to work with the CMBS team at KBRA.

About Us

KBRA is a global full-service rating agency with a mission to set a standard of excellence and integrity. Established in 2010, KBRA remains dedicated to the restoration of trust in credit ratings by setting new standards for assessing risk and by offering timely and transparent ratings. KBRA provides market participants with an alternative solution by delivering in-depth research, products and tools needed to make informed investment decisions across various sectors within the U.S. and European markets.

Products include: KBRA Analytics, KBRA Altman, KBRA Credit Profile, KBRA DLD, KBRA Financial Intelligence (KFI), KBRA Premium and Ratings Feed.

KBRA has issued more than 60,000 ratings valued at $3.16 trillion in rating issuance. The agency employs 525 professionals globally with offices located in New York, Pennsylvania, Maryland, Ireland and UK.

About The Team

The RMBS attorneys in our Ratings Legal team work alongside other ratings analysts to identify and evaluate credit risks in transaction structures, review offering and transaction documents and articulate any legal or credit concerns that emerge. We pride ourselves on the quality, accuracy, timeliness and consistency of our product.

Job Responsibilities

You will work within KBRA’s RMBS team on a wide range of RMBS transactions, including jumbo prime, non-qualified and investor residential mortgage loan securitizations, early buy-out transactions and credit risk transfer transactions. You will review securitization-related documents to identify and evaluate credit risks and mitigants. Among other responsibilities, you will review and edit transaction overviews for publication in KBRA’s market-leading presale reports.

As an influential voice within the RMBS team, you will keep abreast of legal and market developments that may impact credit risks in RMBS transactions, contribute to research reports and other investor outreach and conduct training for analysts.

While you will focus on RMBS, you will also have the opportunity to work with our CMBS team on conduit, single-asset/single-borrower and CRE CLO transactions.

Key Job Qualifications

You are extremely motivated, able to effectively multi-task and work both independently and closely with other members of the RMBS team on the types of matters described above.

In order to be successful in this role, you must have:

• At least 3 years of experience focused on RMBS and real estate finance
• JD and admission to the New York bar
• Strong verbal and written communication skills
• Excellent research, analytical and organizational skills and exceptional attention to detail
• Ability to take initiative and work independently
• Excellent collaboration and teamwork skills
• Skilled at working on multiple transactions simultaneously in an organized fashion and able to meet tight deadlines

Salary Range

The anticipated annual base salary range for this full-time position is $180,000 to $230,000. Offer amounts are determined by factors such as experience, skills, geography, and other job-related factors.

Benefits

• A hybrid work schedule and flex hours
• 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
• Cell phone reimbursement

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

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