About The Role
Grade Level (for internal use):
12
The Team
S&P Global Ratings is seeking an Associate Director to join its Structured Finance practice, which provides credit ratings and opinions for securitizations backed by a wide variety of Esoteric assets. In this role, the Associate Director will be responsible for end-to-end rating process, research, cash flow, credit, and structural analytics, and client-facing activities for new issue ratings and surveillance of Esoteric ABS transactions.
The Impact
This role blends research and quantitative and qualitative analytical skills, client-facing interactions, and project management. Daily tasks include completing the end-to-end ratings process, reviewing documents, assessing the credit profile of collateral pools, and conducting cash flow analyses to determine the credit rating impact of stress tests to the structures and enhancement levels under various economic scenarios. The Associate Director is expected to conduct credit rating committees and interact with bankers, issuers and investors on analytical matters. Furthermore the Associate Director will play an important role in improving our analytical tools and streamlining our processes by drawing on computer and data science skills.
Responsibilities
• 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 for Esoteric assets, including transportation ABS, private equity, triple-net, data centers, whole business.
• Analyze credit, cash flow, and performance characteristics of collateral pools. Review third-party model output and reconcile with cash flow results from internal models.
• Review legal and operating documents to ensure consistency with criteria and identify issues with the transaction structure. Provide comments to external parties.
• Actively manage relationships with internal and external clients.
• Demonstrate strong knowledge of ratings criteria and cash flow analysis and be able to handle clients’ analytical questions.
• Actively contribute to our training and outreach efforts, including the completion of timely commentaries, podcasts, and webinars.
Basic Qualifications
What We’re Looking For:
• Undergraduate or Graduate degree.
• An S&P Global employee at this level would typically have a minimum of at least 3 years of relevant work experience
• Strong proficiency with Excel, Word, PowerPoint
• Experience with cash flow modeling for esoteric assets, including triple net, data centers, private equity, transportation ABS
• Understanding of financial markets.
• Excellent verbal and written communications skills.
• Excellent research skills.
• Ability to analyze and solve non-routine problems with ingenuity in a timely and insightful manner.
• 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.
Preferred Qualifications
• 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 in esoteric assets including NNN, Container, Timeshare, Data Centers
Compensation/Benefits Information: (This section is only applicable to US candidates)
S&P Global states that the anticipated base salary range for this position is $103,800.00 to $206,350.00. Final base salary for this role will be based on the individual’s geographic location, as well as experience level, skill set, training, licenses, and certifications. In addition to base compensation, this role is eligible for an annual incentive plan. This role is eligible to receive additional S&P Global benefits. For more information on the benefits, we provide to our employees, please click here.
Right To Work Requirements
This role is limited to persons with indefinite right to work in the United States and Canada.
About S&P Global Ratings
At S&P Global Ratings, our analyst-driven credit ratings, research, and sustainable finance opinions provide critical insights that are essential to translating complexity into clarity so market participants can uncover opportunities and make decisions with conviction. By bringing transparency to the market through high-quality independent opinions on creditworthiness, we enable growth across a wide variety of organizations, including businesses, governments, and institutions.
S&P Global Ratings is a division of S&P Global (NYSE: SPGI). S&P Global is the world’s foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world’s leading organizations navigate the economic landscape so they can plan for t
Location: Chicago, IL
Posted: Aug. 13, 2024, 12:37 a.m.
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