Rating Analyst - Asset‑Backed Securities, Denver or Toronto

S&P Global • Toronto, ON

8d • $62,000 - $88,000 • Hybrid

About The Position

The Credit Ratings team is a global group of 1,400 analysts focused on delivering high-quality insights and client service. The Structured Finance and Alternate Investment Funds practice analyzes credit risk for securitized products and fund structures. This role involves evaluating credit risk by analyzing asset performance, structural protections, cash-flow mechanics, and stress scenarios. Analysts produce opinions to help issuers and investors compare complex instruments, offering market perspectives on performance trends, issuance conditions, and the role of AI in origination and securitization. This position contributes to ratings innovation in structured finance, focusing on timely, high-quality credit opinions for complex structured finance transactions backed by ABS assets, as well as ratings on short-term securities like Letter of Credit, Tender Option Bond, and Commercial Paper.

Requirements

• Diligent and intellectually curious self-starter with a strong work ethic and a drive to succeed.
• Ability to analyze and solve non-routine problems in a timely and insightful manner.
• Ability to multi-task and manage deadlines under time pressure.
• Collaborative teammate who manages priorities and communicates clearly in a partnership-driven environment.
• Learning agility and continuous improvement mindset, comfortable adopting new tools while protecting quality and accountability.
• Ability to support juniors through guidance, quality checks, and knowledge sharing including responsible AI practices.
• Strong research/data analysis skills.
• Financial statement/data competence; experience supporting modelling preferred.
• Understanding of credit/risk concepts.
• Practical AI fluency: uses GenAI/LLMs to augment analysis.
• Strong spreadsheet skills; willingness to learn data/automation tools to supervise and validate automated outputs.
• Effective written and verbal communicator, able to present research and analysis in a clear, structured way that supports informed decision making.
• High standards for accuracy, traceability, and documentation.
• Responsible technology use: follows approved boundaries to protect confidentiality and integrity.
• Two to three years’ of relevant work experience.
• 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

• Develop credit judgment through feedback/coaching and standard methodologies; reinforce standard ways of working to improve consistency and trust.
• Support AI-enabled team productivity by sharing reusable prompts, templates, checklists, and automations that support judgment, reduce rework, and accelerate delivery.
• Support onboarding/capability-building of more junior colleagues through guidance on routines, quality standards, and effective use of approved tools.
• Contribute to workflow improvement initiatives.
• Support innovation by proactively challenging existing processes, leveraging new tools, and applying fresh perspectives to complex data and problem-solving.
• Own delivery for assigned credits with clear status updates, strong prioritisation, and early escalation of risks/dependencies to ensure decision-ready outputs.
• Maintain ongoing surveillance for assigned credits you support with, synthesising developments into insights that support analytical discussions and committee materials with clear evidence.
• Build/maintain analytical packs using standard templates; apply automation to reduce rework while retaining human ownership of conclusions.
• Use approved GenAI/LLM tools as an enabler for research/comparison/drafting.
• Collect/reconcile/validate data; identify anomalies/gaps early.
• Support maintenance/review of models under guidance; document assumptions/changes; standardise routines to reduce operational risk.
• Support rating committees by preparing well-evidenced materials and responding to follow-up questions with transparency on sources and assumptions.
• Translates data, analysis, and research into clear, decision-ready narratives for clients and senior stakeholders.
• Clarifying technical information, bringing new ideas forward and adapting messaging to the audience.
• Apply confidentiality, documentation, and governance requirements consistently, ensuring human accountability for final analysis and committee content.
• Support testing of automation/agentic AI tools identified through process improvement initiatives.

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.
• Competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
• Perks for your partners and little ones, too, with some best-in class benefits for families.
• Retail discounts to referral incentive awards.

What This Job Offers

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