About The Position

The Director will lead credit analysis and market understanding across the affordable housing segment of the public finance market. The role manages a diverse portfolio of affordable housing credits, drives analytical excellence, and coaches and mentors analysts. It also represents the Affordable Housing practice externally at industry events, webcasts, and conferences. The Affordable Housing group analyzes complex quasi-governmental and mission-driven nonprofit entities, including Housing Finance Agencies, Community Development Financial Institutions, Public Housing Authorities, and nonprofit developers. It also covers transaction-level ratings secured by affordable multifamily rental housing, including pooled securitizations and transactions benefiting from federal government credit enhancement. The position is part of S&P Global Ratings' Credit Ratings organization and Public Finance practice. Employees must work from an office at least two days per week. Candidates reaching the final interview stage must attend at least one in-person interview, ordinarily at their nearest S&P Global Ratings office. The role is limited to people with an indefinite right to work in the United States.

Requirements

  • Typically 7 or more years of relevant experience in public finance, credit analysis, or a related field.
  • Strong credit analysis expertise and the ability to deliver high-quality, forward-looking analysis at pace across a complex and diverse portfolio.
  • Experience mentoring or managing analysts and building team capability and accountability.
  • Practical experience using generative AI, advanced data analytics, or automation tools to improve research, monitoring, or workflow efficiency while maintaining validation and analytical discipline.
  • Strong relationship management and communication skills, including the ability to explain complex analysis credibly to issuers, investors, and market participants while maintaining analytical independence.
  • Ability to oversee portfolio risk, identify and escalate emerging risks, and operate within governance frameworks.
  • Ability to collaborate across teams and functions and serve as a technical resource and guide for junior analysts.
  • Confidence representing the Affordable Housing practice in external settings.
  • Bachelor's degree or equivalent required.
  • Indefinite right to work in the United States.
  • Work from an office at least two days per week.
  • Attend at least one in-person interview if reaching the final stage of the interview process.

Nice To Haves

  • Experience with affordable housing credits, including Housing Finance Agencies, Community Development Financial Institutions, Public Housing Authorities, or nonprofit developers; alternatively, strong public finance understanding and interest in expanding into affordable housing.
  • Master's degree or professional certification such as CFA is highly valued.
  • Academic background that supports innovative and critical thinking; candidates from disciplines beyond traditional finance are welcome.

Responsibilities

  • Lead, coach, and develop analysts, strengthening credit expertise and their ability to use digital and AI-enabled tools.
  • Embed generative AI, advanced analytics, and automation into monitoring, drafting, research, and workflows while preserving human judgment and accountability.
  • Lead high-quality credit and capital markets analysis across assigned issuers and sectors, supporting ratings, monitoring, risk assessments, and rating committee discussions.
  • Translate issuer and sector developments into clear, decision-ready analytical perspectives, incorporating scenario analysis and forward-looking risks.
  • Identify and implement workflow improvements in partnership with Data, Technology, Compliance, In-Business Control, and Methodology teams.
  • Build and maintain relationships with issuers, investors, and market participants through credible, insight-led engagement.
  • Communicate complex, data-informed analysis clearly while maintaining analytical independence and objectivity.
  • Represent the Affordable Housing practice at industry webcasts, conferences, and other sector events.
  • Ensure analytical work is well documented, high quality, and compliant with governance and regulatory standards.
  • Oversee portfolio risk, identify emerging risks, and escalate them early.
  • Ensure AI and automated outputs are used with transparency, explainability, and appropriate controls.

Benefits

  • Health care coverage for mind and body.
  • Generous time off.
  • Career learning resources and opportunities to learn new skills.
  • Competitive pay and retirement planning.
  • Continuing education program with a company-matched student loan contribution.
  • Financial wellness programs.
  • Family-oriented perks and benefits.
  • Retail discounts.
  • Referral incentive awards.
  • Annual incentive plan eligibility.
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