KBRA Credit Profile (KCP) - CMBS Analyst

KBRA•Upper Dublin Township, PA

50d•$65,000 - $75,000•Hybrid

About The Position

KBRA Analytics, LLC (KBRA Analytics) is seeking a Commercial Mortgage-Backed Securities analyst for the KCP group. The position will be based out of KBRA’s Dresher, PA office.

Requirements

0-2 years of work experience in commercial real estate or CMBS preferred
Bachelor’s degree required, preferably in finance, accounting or real estate
A passion for real estate and analytics
Strong Excel skills
Exceptional attention to detail
Excellent oral and written communications skills
Ability to take initiative and work independently, as well as work closely with partners in a collaborative environment

Nice To Haves

Working knowledge of the CREFC Investor Reporting Package (IRP) and Trepp a plus.
Familiarity with Generative AI tools such as ChatGPT for research, data insights, and general productivity is a plus.

Responsibilities

Monitor the credit performance of CMBS transactions on an ongoing basis. This includes the review and assessment of commercial real estate (CRE) loan and property performance.
Perform detailed cash flow analysis for CRE properties, including the review of borrower and servicer operating statements.
Derive valuations for the 10 largest assets within each transaction as well as any distressed properties that serve as loan collateral. Asset valuations are derived utilizing multiple income approaches (such as DCF analysis, market-based, and direct capitalization) as well as researching comparable sales.
Maintain monthly surveillance on a portfolio of CMBS transactions. This includes the preparation and presentation of analysis to peers and management as well as the publication of transaction reports.
Contribute towards monthly, weekly, and topical research pieces.