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S&P Global

Associate Director - Esoteric ABS Structured Finance Ratings

S&P Global, Chicago

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Associate Director - Esoteric ABS Structured Finance Ratings

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Overview

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.

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 timely commentaries, podcasts, and webinars.

What We’re Looking For (Basic Qualifications)

  • Undergraduate or Graduate degree. A master’s degree in financial engineering is a decisive asset.
  • Minimum five (5) or more years of relevant work experience, preferably within a Structured Finance Ratings capacity; prior work experience with Esoteric ABS or novel asset 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 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

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 critical insights essential to translating complexity into clarity so market participants can uncover opportunities and make decisions with conviction. S&P Global Ratings is a division of S&P Global (NYSE: SPGI).

What’s In It For You?

Structured finance is a key sector of the capital markets and a driver of growth for many areas of the economy. This role offers the opportunity to work in a collegial culture with potential for professional development and career growth. It requires comfort with quantitative analysis and problem solving.

Benefits

  • Health & Wellness: Health care coverage designed for the mind and body.
  • Flexible Downtime: Generous time off helps keep you energized for your time on.
  • Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
  • Invest in Your Future: Competitive pay, retirement planning, continuing education, and financial wellness programs.
  • Family Friendly Perks: Perks for partners and children, including family-friendly benefits.
  • Beyond the Basics: Additional perks and discounts.

Equal Opportunity and Compliance

S&P Global is an equal opportunity employer and all qualified candidates will receive consideration 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 submissions will be considered for employment.

If you need an accommodation during the application process due to a disability, please email

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Job ID: • Posted On: • Location: New York, New York, United States

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