Associate Director Structured Finance Ratings, Esoteric Assets, New York, Denver, or Toronto
Job Location:
New York City, NY - USA
Monthly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
Grade Level (for internal use):
12The Team:
Credit Ratings is an integral part of the Global Ratings Services teamcomprisinga diverse group of 1400 analysts spread across key financial hubs worldwide. We are dedicated to delivering high-quality insights and exceptional client service across all industry sectors.
The EsotericABS teamassigns credit ratings to securitiesbacked by non-traditionalcollateral likecorporate securitizations datacentres triple-net leases transportationassetsDe-Fi etc.byanalysingunderlying asset performance structural protections cash-flow mechanics and downside stress scenarios.Analysts produce opinions that help issuers and investors compare complex instruments bringing market-relevant perspectives on topics such as performance trends issuance conditions andAIs role in origination and securitization.
The Impact:
At S&P Global our values-Discovery Integrity and Partnership-shape how we work how we collaborate and how we earn trust with our customers and each other. We embrace AI as an enabler guided by rigorous governance and risk management to enhance what has always defined us: the intelligence of our people deep relationships and trusted insights. Byleveragingtechnology with humanexpertise we help our teams navigate complexity and deliver actionable decision-ready intelligencewithout compromising quality accountability or integrity.
What You Stand to Gain:
AtS&P Global Ratings you will contribute to independent credit opinions the market relies on strengthened by innovation that accelerates analysis.
We are People Forward. When you join S&P Globalyoullbenefitfrom:
Joininga diverse community where your growth and well-being come firstjust like the 35000 colleagues who choose S&P Global every day.
Bringingyour best self to work in an environment that values inclusion collaboration and authentic engagement.
Celebratingyour achievements with us.Werecommitted to your continuous learning offering education training and career coaching to help you grow and adapt in a changing world.
Connectingthrough our People Resource Groups which foster awareness engagement and a sense of communityboth within S&P Global and beyond.
Responsibilities:
Team Contribution & Capability Building
Act as senior reference point coaching (Research Assistants Rating Analysts and Senior Analysts) on credit fundamentals modelling discipline data quality and standard work including how to use AI as an enabler with governance.
Coordinate work across credits;anticipatecapacity/quality risks; influence outcomes through planning and constructivechallengein ambiguous situations.
Embed continuous improvement into routines by improving playbooks/SOPs/prompt libraries and driving adoption.
Partner with stakeholders toidentifyand shape high-impact use cases supporting testing/adoption/rollout with governance controls and change management.
Fosters a critical thinkingmindsetchallenging assumptions and the status quo to generate insights that shape market views and strategic decisions.
Model enterprisebehaviors: Discovery Integrity and Partnership including human-centric leadership alongside AI-enabled change.
Core Analytical & Delivery
Deliver end-to-end analytical execution across a defined portfolio setting a consistently high bar for quality timeliness and clarity to sustain customer trust.
Lead surveillance and analytical updates connecting performance market developments and issuer peers to forward-looking risk themes.
Own the quality of key outputs ensuring consistency and clarity of reasoning.
Use approved GenAI/LLMs to accelerate research/comparisons/drafting.
Operate effectively alongside AI agents in recurring workflows.
Support the execution of AI-driven projects.
Validate inputs reconcile metrics documentassumptions/model changes.
Stakeholder & Market Engagement
Synthesizes data analysis and research into executive-ready market-facing narratives that convey S&Ps analyticalexpertiseleveragingbroad market knowledge and detailed analysis to deliver trusted advice that influences decisions.
Builds collaborative stakeholder trust through empathetic communication differentiates S&Ps market viewpoint and drives engagement with market participants.
Contribute to strategic initiativesand alsothought leadership by researching drafting and refining content with senior team input.
Risk Management and Operating
Ensure adherence tomethodology/confidentiality/data governance requirements; escalate emerging risks early.
Embed responsible AI use inworkflowprocess.
Drive controlled automation/agentic workflows to remove low-leverage work defining requirements/controlsand partnering with Data/Engineering to scale safely while setting expectations for ongoing monitoring and human oversight.
Compensation/Benefits Information:(This section is only applicable to US candidates:)S&P Globalstatesthat theanticipatedbase salary range for this positionis $110000USDto $193000 base salary for this role will be based on the individuals geographic location as well as experience level skill set training licenses and addition to base compensation this role is eligible for an annual incentive plan. For more information on the benefits we provide to our employees please clickhere.
Compensation/Benefits Information:(This section is only applicable toCanadian candidates:)S&P Globalstatesthat theanticipatedrange of compensation for this position is110000CADto172000 compensation for this role will be based on the individuals performance geographic location as well as experience level skill set training licenses and certifications.In accordance withOntarios new regulations effective January 1 2026 this job posting provides information on expected compensation. S&P Global will not beutilizingartificial intelligence in our hiring process. Additionally we are committed to transparency and will inform all interviewed candidates of hiring decisions within 45 days of their interview. This posting is for an existing vacancy and we encourage you to reach out for further informationregardingour hiring practices or any questions you may have. Thank you for considering a career with us!
WhatWereLooking For:
PracticeNuances
Complete the end-to-end ratings process for new issue and surveillance transactions.
Perform cash flow analysis synthesize results and present findingsin a timely mannerin committees forvariousnon-traditional assets including transportation ABS private equity triple NNN datacentres time-share whole business and De-Fi transactions.
Analysecredit 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 andidentifyissues 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 oftimelycommentaries podcasts and webinars.
Team Contribution & Capability Building
Execution maturity across credit portfolio; delivers high quality with limited oversight.
Strong collaboration/communication; influences through credibility and constructivechallenge.
Proven coaching/mentorship; develops juniors through feedback and quality review and reinforces human accountability in AI-enabled work.
Continuous improvement mindset with evidence of simplifying processes throughstandardization tooling and automation.
Comfortable with ambiguity and change adapting quickly as processes/tools evolve.
Ability to scale automation/agent workflows by defining problems supporting testing/UATidentifyingcontrols and enabling adoption.
Core Analytical & Delivery
Strong research/data/credit/financialanalysis;translates complexity into decision-useful narratives grounded in evidence and judgement.
Strong understanding of the financial services environment and ability to connect developments toemergingrisk themes.
Practical AI fluency: experience embedding GenAI/LLMs and agentic workflows to increase productivity/insight as an enabler of humanexpertise paired with disciplined validation governance and judgement.
Strong analytical tool capability; willingness to learn data/automation tools to oversee AI-enabled production.
Stakeholder & Market Engagement
Effective written and verbal skills for committee-ready documentation/presentation and interactions with issuersinvestorsand market participants.
Risk Management and Operating
High standardsfor accuracy traceability and governance; consistent adherence tomethodology/documentation/confidentiality expectations.
Sound judgement on responsible AI/automation (validation bias/hallucination awareness data protection attribution approved boundaries).
Additional Information
An S&P Global employee at this level would typically havefive to tenyearsof relevant work experience.
Education: Bachelors degree or equivalent required. A masters 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.
Employeesare required towork 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.
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 worlds 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 worlds leading organizations navigate the economic landscape so they can plan for tomorrow today.
For more information visit In It For You
Our Mission:
Advancing Essential Intelligence.
Our People:
Were more than 35000 strong worldwideso were able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. Were committed to a more equitable future and to helping our customers find new sustainable ways of doing business. Join us and help create the critical insights that truly make a difference.
Our Values:
Integrity Discovery Partnership
Throughout our history the worlds leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do bring a spirit of discovery to our work and collaborate in close partnership with each other and our customers to achieve shared goals.
Benefits:
We take care of you so you cantake care of business. We care about our people. Thats why we provide everything youand your careerneed to thrive at S&P Global.
Our benefits include:
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: Its 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 awardssmall perks can make a big difference.
For more information on benefits by country visit: Hiring and Opportunity at S&P Global:
At S&P Global we are committed to fostering a connected andengaged workplace where all individuals have access to opportunities based on their skills experience and contributions. Our hiring practices emphasize fairness transparency and merit ensuring that we attract and retain top talent. By valuing different perspectives and promoting a culture of respect and collaboration we drive innovation and power global markets.
S&P Global has a Securities Disclosure and Trading Policy (the Policy) that seeks to mitigate conflicts of interest by monitoring and placing restrictions on personal securities holding and trading. The Policy is designed to promote compliance with global some Divisions pursuant to the Policys requirements candidates at S&P Global may be asked to disclose securities holdings. Some roles may include a trading prohibition and remediation of positions when there is an effective or potential conflict of interest. Employment at S&P Global is contingent upon compliance with the Policy.
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Equal Opportunity Employer
S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity color religion sex sexual orientation gender identity national origin age disability marital status military veteran status unemployment status or any other status protected by law. Only electronic job submissions will be considered for employment.
If you need an accommodation during the application process due to a disability please send an email to:and your request will be forwarded to the appropriate person.
US Candidates Only:Know Your Rights: Workplace discrimination is illegal
Required Experience:
Director
About Company
We provide Essential Intelligence: a combination of the right data, connected technologies and experts to enable our customers to make decisions with conviction.
