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

S&P Global • New York, NY

75d • $120,400 - $180,000

About The Position

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.

Requirements

• A bachelor’s degree in Business, Economics, Information Technology, or a related field of analytical studies.
• 3-5 years of relevant experience in Financial Institutions and Structured finance industry focusing on ABS or credit analysis experience in funds finance.
• Comfort considering relative creditworthiness outside of a typical criteria context.
• 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.

Nice To Haves

• 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.

Responsibilities

• Act as a primary analyst on new engagements and leverage sector experience in the analysis of other engagements.
• Engage in pre-engagement discussions to provide market education and discuss the rating feasibility of new and innovative 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.
• 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.
• Actively manage relationships with internal and external clients.
• Demonstrate strong knowledge of ratings criteria cross practice and handle clients’ analytical questions.
• Contribute to training and outreach efforts, including timely commentaries, podcasts, and webinars.

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.
• Family friendly perks for partners and children.
• Retail discounts and referral incentive awards.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees