KBRA Shuffles Managers

By Staff Writer July 15, 2019

Kroll Bond Rating Agency (KBRA) has announced four senior personnel changes in its New York office.

Anthony Nocera, co-head of the Asset-Backed Securities (ABS) Group, has decided to transition to a senior advisory role at KBRA. Nocera, who joined the company in 2011, will continue to support the ABS team in his role as senior advisor over the next six to nine months, focusing on nontraditional ABS assets.

KBRA has named Rosemary Kelley as head of the ABS Group, effective immediately. Kelley, who was co-head of the ABS Group along with Nocera, will now assume responsibility for both consumer and commercial asset classes.

Prior to joining KBRA, Kelley worked at DBRS, where she rated Consumer ABS transactions. Before that, she spent 10 years at MBIA Insurance Corporation in various roles, including originating Consumer ABS transactions and managing MBIA’s portfolio management unit responsible for monitoring and workouts in Consumer ABS.

KBRA also announced that Cecil Smart, Jr. and Eric Neglia have been appointed to lead the Commercial ABS and Consumer ABS teams, respectively, and will both report to Kelley.

Smart has been with KBRA since 2014 and focuses on esoteric and renewable transactions, including residential and commercial solar, PACE, broadcast television rights, and mortality-linked assets. Prior to joining KBRA, he was a vice president at DZ Bank specializing in structured credit transactions for nontraditional assets and new entrants to the capital markets.

Neglia has been with KBRA since 2015 and has been working across all Consumer ABS transactions, including auto loans and leases, unsecured consumer loans, solar loans, credit card receivables, student loans, as well as small business loans/merchant cash advance ABS. Before joining KBRA, he was head of operational risk management at MasterCard Worldwide and spent 15 years at MBIA Insurance Corporation underwriting Consumer ABS transactions.


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Last modified on Monday, 15 July 2019 16:42