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S&P Global

Associate Director - Esoteric ABS Structured Finance Ratings

S&P Global, WorkFromHome

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Overview

Associate Director - Esoteric ABS Structured Finance Ratings at S&P Global Ratings. The team provides credit ratings and opinions for securitizations backed by a wide variety of nontraditional assets. 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.

Responsibilities

  • Complete the end-to-end ratings process for new issue and surveillance transactions.
  • Perform cash flow analysis, synthesize results, and present findings in committees for non-traditional assets, including transportation ABS, private equity, triple NNN, data centers, time-share, 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 training and outreach efforts, including the completion of timely commentaries, podcasts, and webinars.

Qualifications

Basic Qualifications

  • Undergraduate or Graduate degree; a master’s degree in financial engineering is a decisive asset.
  • At least five (5) years of relevant work experience, preferably within a Structured Finance Ratings capacity; prior work with Esoteric ABS or novel assets classes and prior legal ratings experience is a plus.
  • Strong proficiency with Excel, Word, PowerPoint
  • Experience with cash flow modelling 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
  • 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

Preferred Qualifications

  • Knowledge of cash flow modelling and programming languages (e.g. C++, MATLAB, Python, R or VBA)
  • Strong Excel skills
  • Proven research, verbal, and written communication skills

Locations

New York, NY | Chicago, IL | Englewood, CO | Toronto, Canada

About S&P Global Ratings

At S&P Global Ratings, our analyst-driven credit ratings, research, and sustainable finance opinions provide essential insights that translate complexity into clarity for market participants to uncover opportunities and make decisions with conviction.

S&P Global Ratings is a division of S&P Global (NYSE: SPGI). S&P Global is a leading provider of credit ratings, benchmarks, analytics and workflow solutions.

EEO and Compliance

Equal Opportunity Employer. If you need an accommodation during the application process due to a disability, please contact

US Candidates Only: The EEO is the Law Poster describes protections under federal law. Pay Transparency Nondiscrimination Provision available from the Department of Labor.

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