S&P Global, Inc

Associate Director - Structured Finance Ratings, Esoteric Assets

S&P Global, Inc$110K — $193K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in structured finance or credit analysis
  • Strong analytical background with ability to assess cash flow mechanics
  • Expertise in credit ratings methodologies and standards
  • Familiarity with non-traditional asset classes like corporate securitizations and De-Fi
  • Excellent communication skills for engaging with clients and stakeholders
  • Proficiency in using AI tools for research and analytical processes

Responsibilities

  • Conduct end-to-end analysis for credit ratings on unique asset classes
  • Lead surveillance and updates on credit performance and market conditions
  • Ensure high-quality analytical outputs and consistency in reasoning
  • Collaborate with team members on AI integration and process improvement
  • Deliver executive-ready narratives based on comprehensive data synthesis
  • Manage stakeholder relationships and enhance trust through effective communication

Benefits

  • Opportunities for continuous learning and career development
  • A diverse and inclusive work environment
  • Connection through People Resource Groups for community engagement
  • Recognition and celebration of employee achievements
  • Emphasis on well-being and personal growth
Full Job Description
About the Role:

Grade Level (for internal use):

12

The Team:

Structured FinanceEsoteric ABS

Credit Ratings is an integral part of the Global Ratings Services team,comprisinga diverse group of 1,400 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, transportationassets,De-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, andAI9s role in origination and securitization.

The Impact:

What You Stand to Gain:

AtSP 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 SP Global,you9llbenefitfrom:

  • Joininga diverse community where your growth and well-being come firstjust like the 35,000+ colleagues who choose SP Global every day.

  • Bringingyour best self to work in an environment that values inclusion, collaboration, and authentic engagement.

  • Celebratingyour achievements with us.We9recommitted 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 SP 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 SP9s analyticalexpertiseleveragingbroad market knowledge and detailed analysis to deliver trusted advice that influences decisions.

  • Builds collaborative stakeholder trust through empathetic communication, differentiates SP9s 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:)SP Globalstatesthat theanticipatedbase salary range for this positionis $110,000USDto $193,000USD.Final base salary for this role will be based on the individual9s 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. For more information on the benefits we provide to our employees, please clickhere.

Compensation/Benefits Information:(This section is only applicable toCanadian candidates:)SP Globalstatesthat theanticipatedrange of compensation for this position is110,000CADto172,000CAD.Final compensation for this role will be based on the individual9s performance, geographic location, as well as experience level, skill set, training, licenses, and certifications.In accordance withOntario's new regulations effective January 1, 2026, this job posting provides information on expected compensation. SP 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!

WhatWe9reLooking 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 clients9 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 coachi

About S&P Global, Inc

S&P Global Market Intelligence is an exclusive analysis and in-depth data in real time for the banking.

S&P Global, Inc Careers

Join the dynamic team at S&P Global, Inc, a leader in providing transparent and innovative financial intelligence and analytics. As a global powerhouse, we are at the forefront of shaping the financial industry, making this an ideal time to advance your career with us. Work You’ll Do At S&P Global, Inc, you will be part of a culture that thrives on diversity, leadership, and professional excellence. Our team is committed to fostering an environment where innovation and growth are not just encouraged but are part of everyday activities. Transform your career with opportunities that place you at the intersection of data, technology, and market insights. Our professionals lead the industry in delivering cutting-edge solutions that address the challenges of today’s global markets. Join our team and collaborate with some of the brightest minds in the industry. With over 20,000 dedicated professionals worldwide, S&P Global, Inc offers a unique platform for professional growth and networking. S&P Global, Inc Jobs and Employment Opportunities We are continuously expanding our team and looking for talented individuals who are eager to drive innovation and lead change. Explore job opportunities in various fields, from financial services to data analysis, and contribute to our mission of providing essential intelligence. Do Innovative Work Be part of a company that values the skills and knowledge of its employees. At S&P Global, Inc, innovation is at the core of what we do. We offer a range of positions that allow you to apply your expertise and push the boundaries of what is possible in the financial sector. Internship Programs Kickstart your career with an internship at S&P Global, Inc. Our internships provide invaluable workplace experience and a chance to develop key skills that will aid you in your professional journey. Interns at S&P Global, Inc are crucial team members, working on projects that directly impact our business and clients. Benefits and Growth S&P Global, Inc is dedicated to the growth and development of its employees. We offer comprehensive benefits designed to enhance your life and well-being. From advanced career development programs to leadership training, we provide the tools necessary for you to succeed. Stay Connected Join Our Team Search open positions that match your skills and interests. We are looking for passionate, curious, and solution-driven team players. Whether you are starting your career or looking to take it to the next level, S&P Global, Inc offers a range of job opportunities and career paths. Keep Up to Date Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Job Alert Emails Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at S&P Global, Inc. S&P Global, Inc is not just a company—it’s a place where you can make a difference. Join us and help shape the future of the financial world.
Learn more about S&P Global, Inc
Size
22,850 employees
Market Cap
$107.6 billion
Industry
Net Income
$2.3 billion
Founded
1888
5 Year Trend
+7.9%
Revenue
$7.4 billion
NASDAQ

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