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Associate Director - Structured Finance, Novel Transactions - Cross Practice Analytical Team (CPAT)

S&P Global
New York City, United Statesfull_timeVerifiedPosted 23 Sept 2025
💰 $180,000/yr($120,400/yr$180,000/yr)

About the role

About the Role:

Grade Level (for internal use):

12

About the Role/The Team:

This role presents an opportunity to contribute to a team at the forefront of ratings innovation. Financial markets are constantly evolving, and S&P is creating a team to ensure we can provide our credit opinions in a timely fashion on new and innovative structures and risks. Primary focus area is Fund Finance / Structured Finance. Within the context of novel transactions, the team will be responsible for market engagement and education, executing on new rating engagements and publishing research.


Responsibilities and Impact:

In this role, analysts have an opportunity to leverage their existing expertise while being exposed to new sectors. They’ll be responsible for acting as a primary analyst on new engagements and leveraging their sector experience in the analysis of other engagements. They’ll also spend time in a range of pre-engagement discussions to provide market education and discuss the rating feasibility of new and innovative structures. The successful candidate will be a key contributor to a new team in support of a key strategic priority for Ratings and will be challenged to add competencies & skills from sectors outside of their areas of expertise to build a broad knowledge of assets, markets & structures.   

  • Perform rigorous analytical work, research, fundamental credit analysis and writing of analytical reports on cross-practice transactions.
  • Interact with market participants to educate external stakeholders about S&P’s analytical approaches and assess analytical proposals on novel structures and presentation of analytical findings to internal and external constituencies.
  • Collaborate with analytic teams from different practices & regions to provide rating solutions for complex & esoteric transactions.
  • 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
  • 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 cross practice 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.

Compensation/Benefits Information: (This section is only applicable to US candidates)

S&P Global states that the anticipated base salary range for this position is $120,400.00 to $180,000. Final base salary for this role will be based on the individual’s geographic location, as well as experience level, skill set, training, licenses, and certifications.

What We’re Looking For:

Basic Required Qualifications:

  • A bachelor’s degree in; Business, Economics, Information Technology, or a related field of analytical studies
  • An S&P Global employee at this level would typically have 3-5 years of relevant experience.
  • Financial Institutions and Structured finance industry experience focusing on ABS or credit analysis experience in funds finance within the financial services industry, including banking.
  • Comfort considering relative creditworthiness outside of a typical criteria context
  • The ability to consider new asset and structural risks in the context of our rating principles
  • Diligent and intellectually curious self-starter with a strong work ethic and a drive to succeed.
  • Strong proficiency with Excel, financial models, and financial data.
  • Strong understanding of financial markets and their relationship to S&P products.
  • Excellent verbal and written communication skills.
  • Ability to analyze and solve non-routine problems in a timely and insightful manner.
  • Ability to multi-task and manage deadlines under time pressure.
  • Strong interpersonal skills and ability to work well in a collaborative team.
  • Excellent research skills
  • Experience with cash flow modeling for esoteric assets, including triple net, data centers, private equity, transportation ABS

Preferred Qualifications:

  • Knowledge of cash flow modeling and programming languages (e.g. C++, MATLAB, Python, R or VBA) and strong Excel skills.
  • Prior experience with data analysis and cash flows

Right to Work Requirements:

This role is limited to persons with

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Company

S&P Global

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