Associate Director North America Regulated Utilities

S&P Global • New York, NY

4d • Hybrid

About The Position

Grade Level (for internal use): 12 The Team: Credit Ratings is an integral part of the Global Ratings Services team, comprising a diverse group of 1,400 analysts spread across key financial hubs worldwide. We are dedicated to delivering high-quality insights and exceptional client service across all industry sectors. The Infrastructure & Project Finance practice provides credit analysis on essential, long-lived assets and ring-fenced project financings—assessing contractual frameworks, demand and operating risks, sponsor strength, financial flexibility, and resilience under stress. The team’s work supports capital formation for critical infrastructure and helps the market understand fast-evolving subsectors such as data centres and digital infrastructure. The North American Regulated Utilities team covers a portfolio of Investor-Owned Utility companies, including large electric utilities such as Next Era, Duke, and Southern Company in the United States and Canada. The Impact: At S&P Global, our values - Discovery, Integrity, and Partnership - shape how we work, how we collaborate, and how we earn trust with our customers and each other. We embrace AI as an enabler, guided by rigorous governance and risk management, to enhance what has always defined us: the intelligence of our people, deep relationships, and trusted insights. By leveraging technology with human expertise, we help our teams navigate complexity and deliver actionable, decision-ready intelligence without compromising quality, accountability, or integrity. What You Stand to Gain: At S&P Global Ratings, you will contribute to independent credit opinions the market relies on, strengthened by innovation that accelerates analysis. We are People Forward. When you join S&P Global, you’ll benefit from: Joining a diverse community where your growth and well-being come first—just like the 35,000+ colleagues who choose S&P Global every day. Bringing your best self to work in an environment that values inclusion, collaboration, and authentic engagement. Celebrating your achievements with us. We’re committed to your continuous learning, offering education, training, and career coaching to help you grow and adapt in a changing world. Connecting through our People Resource Groups, which foster awareness, engagement, and a sense of community—both within S&P Global and beyond.

Requirements

• Strong energy or infrastructure background with deep understanding of credit analysis gained in transactional, analytical, or credit roles.
• Willingness to rapidly pivot into different sectors to meet client needs and analytical needs across the practice.
• Execution maturity across credit portfolio; delivers high quality with limited oversight.
• Strong collaboration/communication; influences through credibility and constructive challenge.
• Proven coaching/mentorship; develops juniors through feedback and quality review and reinforces human accountability in AI-enabled work.
• Continuous improvement mindset with evidence of simplifying processes through standardization, tooling, and automation.
• Comfortable with ambiguity and change, adapting quickly as processes/tools evolve.
• Ability to scale automation/agent workflows by defining problems, supporting testing/UAT, identifying controls, and enabling adoption.
• Strong research/data/credit/financial analysis; translates complexity into decision-useful narratives grounded in evidence and judgement.
• Strong understanding of the financial services environment and ability to connect developments to emerging risk themes.
• Practical AI fluency: experience embedding GenAI/LLMs and agentic workflows to increase productivity/insight as an enabler of human expertise, paired with disciplined validation, governance, and judgement.
• Strong analytical tool capability; willingness to learn data/automation tools to oversee AI-enabled production.
• Effective written and verbal skills for committee-ready documentation/presentation and interactions with issuers, investors and market participants.
• High standards for accuracy, traceability, and governance; consistent adherence to methodology/documentation/confidentiality expectations.
• Sound judgement on responsible AI/automation (validation, bias/hallucination awareness, data protection, attribution, approved boundaries).
• Bachelor’s degree or equivalent required.
• Employees are required to work from the office a minimum of two days per week.
• Candidates who reach the final stage of the interview process will be asked to attend at least one in-person interview at their nearest S&P Global Ratings office before an offer can be extended.

Nice To Haves

• A master’s degree or professional certification (such as CFA) is highly valued.
• We welcome candidates from traditional finance disciplines as well as diverse academic backgrounds that support innovative and critical thinking.

Responsibilities

• Act as senior reference point coaching (Research Assistants, Rating Analysts and Senior Analysts) on credit fundamentals, modelling discipline, data quality, and standard work including how to use AI as an enabler with governance.
• Coordinate work across credits; anticipate capacity/quality risks; influence outcomes through planning and constructive challenge in ambiguous situations.
• Embed continuous improvement into routines by improving playbooks/SOPs/prompt libraries and driving adoption.
• Partner with stakeholders to identify and shape high-impact use cases, supporting testing/adoption/rollout with governance, controls, and change management.
• Fosters a critical thinking mindset challenging assumptions and the status quo to generate insights that shape market views and strategic decisions.
• Model enterprise behaviors: Discovery, Integrity, and Partnership including human-centric leadership alongside AI-enabled change.
• Deliver end-to-end analytical execution across a defined portfolio, setting a consistently high bar for quality, timeliness, and clarity to sustain customer trust.
• Lead surveillance and analytical updates, connecting performance, market developments, and issuer peers to forward-looking risk themes.
• Own the quality of key outputs, ensuring consistency and clarity of reasoning.
• Use approved GenAI/LLMs to accelerate research/comparisons/drafting.
• Operate effectively alongside AI agents in recurring workflows.
• Support the execution of AI-driven projects.
• Validate inputs, reconcile metrics, document assumptions/model changes.
• Synthesizes data, analysis, and research into executive-ready, market-facing narratives that convey S&P’s analytical expertise—leveraging broad market knowledge and detailed analysis to deliver trusted advice that influences decisions.
• Builds collaborative stakeholder trust through empathetic communication, differentiates S&P’s market viewpoint, and drives engagement with market participants.
• Contribute to strategic initiatives and also thought leadership by researching, drafting, and refining content with senior team input.
• Ensure adherence to methodology/confidentiality/data governance requirements; escalate emerging risks early.
• Embed responsible AI use in workflow process.
• Drive controlled automation/agentic workflows to remove low-leverage work, defining requirements/controls and partnering with Data/Engineering to scale safely while setting expectations for ongoing monitoring and human oversight.

Benefits

• Health care coverage designed for the mind and body.
• Generous time off helps keep you energized for your time on.
• Access a wealth of resources to grow your career and learn valuable new skills.
• Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
• It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.
• From retail discounts to referral incentive awards—small perks can make a big difference.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level