U.S. Location(s): New York, NY | Centennial, CO | Chicago, IL Canada Location: Toronto, ON (The role is not open to remote work only)
The Team: S&P Global Ratings is seeking an Associate Director to join its Structured Finance practice, which provides credit ratings and opinions for securitizations backed by a wide variety of nontraditional assets. In this role, the Associate Director will be responsible for end-to-end rating process, research, cash flow, credit, and structural analytics, and client-facing activities for new issue ratings and surveillance of Non-traditional ABS transactions.
The Impact: This role blends research and quantitative and qualitative analytical skills, client-facing interactions, and project management. Daily tasks include completing the end-to-end ratings process, reviewing documents, assessing the credit profile of collateral pools, and conducting cash flow analyses to determine the credit rating impact of stress tests to the structures and enhancement levels under various economic scenarios. The Associate Director is expected to conduct credit rating committees and interact with bankers, issuers and investors on analytical matters. Furthermore, the Associate Director will play an important role in improving our analytical tools and streamlining our processes by drawing on computer and data science skills.
What's in it for you: Structured finance is an important sector of the capital markets and is a key funding source and growth driver for many areas of the economy. If you are interested in helping to facilitate this growth while challenging yourself in a fast-paced environment, this is the right position for you. It offers the opportunity to work in a collegial culture with great potential for professional development and career growth. To succeed, you must be comfortable with quantitative analysis and have a knack for problem solving.
Complete the end-to-end ratings process for new issue and surveillance transactions.
Perform cash flow analysis, synthesize results, and present findings in a timely manner in committees for non-traditional assets, including transportation ABS, private equity, triple-net, data centers, whole business.
Analyze credit, cash flow, and performance characteristics of collateral pools. Review third-party model output and reconcile with cash flow results from internal models.
Review legal and operating documents to ensure consistency with criteria and identify issues with the transaction structure. Provide comments to external parties.
Actively manage relationships with internal and external clients.
Demonstrate strong knowledge of ratings criteria and cash flow analysis and be able to handle clients' analytical questions. Actively contribute to our training and outreach efforts, including the completion of timely commentaries, podcasts, and webinars.
What We're Looking For: Basic Qualifications:
Undergraduate or Graduate degree.
At least 5 years of relevant work experience
Prior experience in structured finance
Prior experience with data analysis and cash flows in esoteric assets including Aircraft, NNN, Container, Timeshare, Data Centers Strong proficiency with Excel, Word, PowerPoint
Experience with cash flow modeling for non-traditional assets
Understanding of financial markets.
Excellent verbal and written communications skills.
Excellent research skills.
Ability to analyze and solve non-routine problems with ingenuity in a timely and insightful manner.
Project management skills. Ability to manage multiple tasks and tight deadlines under time pressure.
Strong interpersonal skills and ability to work well in a collaborative team.
Diligent and intellectually curious self-starter with a strong work ethic and a drive to succeed.
Knowledge of cash flow modeling and programming languages (e.g. C++, MATLAB, Python, R or VBA) Strong Excel skills
Proven research, verbal, and written communication skills
This role is limited to persons with indefinite right to work in the United States or Canada.
Return to Work Have you taken time out for caring responsibilities and are now looking to return to work? As part of our Return-to-Work initiative (link to career site page when available), we are encouraging enthusiastic and talented returners to apply, and will actively support your return to the workplace.
About Company Statement: S&P Global Ratings offers critical insights for credit, risk and sustainable finance solutions that are essential to translating complexity into clarity, so market participants can uncover opportunities.
Compensation/Benefits Information: (US ONLY) S&P Global states that the anticipated base salary range for this position is $103,000, to $ 190,000. Base salary ranges may vary by geographic location. This role is eligible to receive S&P Global benefits. For more information on the benefits we provide to our employees, visit https://www.spgbenefitessentials.com/newhires.
Equal Opportunity Employer S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.
If you need an accommodation during the application process due to a disability, please send an email to: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.
US Candidates Only: The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law.