Associate Director - Structured Credit - CLO Ratings
About The Position
About the Role: Grade Level (for internal use): 12 The Team: The U.S. Structured Credit - CLO team is part of the broader Structured Finance Group at S&P Global Ratings. The team assigns and monitors credit ratings for securitizations backed by broadly syndicated or middle market corporate loans. The practice provides credit ratings of structured products that are backed by pools of assets, mainly focused on Collateralized Loan Obligation (CLO) transactions. The Impact: As an Associate Director, you will be an integral part of the analytical team, responsible for cash flow modeling and transaction document analysis in support of new issue ratings and surveillance of CLO transactions. You will review documents as they pertain to our CLO criteria and conduct cash flow analyses to stress test the structures and enhancement levels under various economic scenarios. You will also participate in credit rating committees and interact with bankers, issuers and investors on analytical matters, directly contributing to S&P Global's reputation as a leading credit rating agency. What's in it for you: Join a globally recognized leader in financial intelligence and work alongside highly skilled professionals in the structured finance industry. You'll gain exposure to complex financial transactions, develop expertise in CLO analysis, and build relationships with key market participants. This role offers significant opportunities for professional growth within S&P Global's expanding Structured Finance division, while contributing to critical market infrastructure that supports global capital markets.
Requirements
- An S&P Global employee at this level would typically have 5+ years of experience in Structured Finance (CLO, ABS, MBS, etc.) or previous experience in related financial services roles
- Graduate degree in a relevant discipline - A JD and/or prior legal document review experience is a decisive asset
- Strong proficiency with Excel, financial models and financial data
- Strong understanding of financial markets and their relationship to S&P Global products
- Excellent verbal and written communications skills
- Ability to analyze and solve non-routine problems in a timely and insightful manner
- All employees are required to work from the office a minimum of 2 days per week
- We require all candidates who reach the final stage of our interview process to attend at least one in-person interview, which is ordinarily at your nearest S&P Global Ratings office. This must be completed before we can proceed to an offer.
Nice To Haves
- Excellent research and 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
Responsibilities
- Conduct detailed reviews of legal and operating documents to ensure compliance with criteria and identify issues with the transaction structure
- Actively manage relationships with issuers, intermediaries and investors while effectively communicating S&P's methodologies and procedures
- Participate in client meetings and credit rating committees
- Demonstrate strong knowledge of ratings criteria and cash flow analysis
- Work on special projects as directed by the analytical team manager
- All employees are required to work from the office a minimum of 2 days per week
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: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
- Family Friendly Perks: 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.
- Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.
- For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
