Associate Director - Structured Finance Ratings - CLO
- Employer
- S&P Global
- Location
- New York, USA
- Salary
- Competitive
- Closing date
- Apr 7, 2023
View more
- Job Function
- Risk Management
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
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The Role: Associate Director - Structured Finance Ratings - CLO
The Team: The U.S. Structured Credit - CLO team is part of the broader Structured Finance Group at S&P Global Ratings. The team assigns and monitors credit ratings for securitizations backed by broadly syndicated or middle-market corporate loans.
The Role: An Associate Director is responsible for rating a portfolio of credits and managing the end-to-end ratings process from the initial engagement through the publication of reports. The Associate Director will review documents, consider the legal dimensions of transaction structures, develop an understanding of and apply relevant rating criteria, assess the credit profile of collateral pools, and work with financial and cash flow models to stress test the structures and enhancement levels under various economic scenarios. The Associate Director will also be the primary analytical contact for bankers, issuers, and investors and will resolve any analytical inquiries that may arise during the rating process. Associate Directors who excel in this role will have opportunities to work across more complex asset classes, assume greater account and project lead responsibilities, and advance into more senior analytical roles.
What's in it for you:
Structured Finance is an important sector of the capital markets and is a key funding source and growth driver for many areas of the economy. If you are interested in this exciting sector, while challenging yourself in a fast-paced environment, this is the right position for you. It offers the opportunity to work in a collegial culture with great potential for professional development and career growth.
Responsibilities
The Associate Director's core responsibilities will center on the analysis of CLO transactions as follows:
Basic Qualifications:
Location: New York, NY| Englewood, CO
No Sponsorship Available: This role is limited to persons with the indefinite right to work in the United States.
Return to Work
Have you taken time out for caring responsibilities and are now looking to return to work? As part of our Return to Work initiative, we are encouraging enthusiastic and talented returners to apply, and will actively support your return to the workplace.
Compensation/Benefits Information (US Applicants Only):
S&P Global states that the anticipated base salary range for this position is $103,800 to $206,350 . Base salary ranges may vary by geographic location. 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, visit https://www.spgbenefitessentials.com/newhires .
About Company Statement :
S&P Global delivers essential intelligence that powers decision-making. We provide the world's leading organizations with the right data, connected technologies, and expertise they need to move ahead. As part of our team, you'll help solve complex challenges that equip businesses, governments, and individuals with the knowledge to adapt to a changing economic landscape.
S&P Global Ratings offers critical insights for credit, risk, and sustainable finance solutions that are essential to translating complexity into clarity, so market participants can uncover opportunities.
-----------------------------------------------------------
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: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.
US Candidates Only: The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law.
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202 - Middle Professional (EEO Job Group) (inactive), 20 - Professional (EEO-2 Job Categories-United States of America), RATNGS202.2 - Middle Professional Tier II (EEO Job Group)
Job ID: 281378
Posted On: 2023-03-07
Location: New York, New York, United States
The Team: The U.S. Structured Credit - CLO team is part of the broader Structured Finance Group at S&P Global Ratings. The team assigns and monitors credit ratings for securitizations backed by broadly syndicated or middle-market corporate loans.
The Role: An Associate Director is responsible for rating a portfolio of credits and managing the end-to-end ratings process from the initial engagement through the publication of reports. The Associate Director will review documents, consider the legal dimensions of transaction structures, develop an understanding of and apply relevant rating criteria, assess the credit profile of collateral pools, and work with financial and cash flow models to stress test the structures and enhancement levels under various economic scenarios. The Associate Director will also be the primary analytical contact for bankers, issuers, and investors and will resolve any analytical inquiries that may arise during the rating process. Associate Directors who excel in this role will have opportunities to work across more complex asset classes, assume greater account and project lead responsibilities, and advance into more senior analytical roles.
What's in it for you:
Structured Finance is an important sector of the capital markets and is a key funding source and growth driver for many areas of the economy. If you are interested in this exciting sector, while challenging yourself in a fast-paced environment, this is the right position for you. It offers the opportunity to work in a collegial culture with great potential for professional development and career growth.
Responsibilities
The Associate Director's core responsibilities will center on the analysis of CLO transactions as follows:
- Conduct detailed reviews of legal and operating documents to ensure compliance with criteria and identify issues with the transaction structure. Provide comments to external parties.
- Actively manage relationships with issuers, intermediaries, and investors. Effectively communicate S&P's methodologies and procedures. Participate in client meetings.
- Demonstrate strong knowledge of ratings criteria and cash flow analysis.
- Work on special projects as directed by the analytical team manager.
Basic Qualifications:
- 6+ years of relevant experience
- Strong proficiency with Excel, Word, and PowerPoint
- Experience with cash flow modeling.
- Understanding of financial markets.
- Excellent verbal and written communication 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.
- Undergraduate degree
- Master's degree or CFA is desirable.
Location: New York, NY| Englewood, CO
No Sponsorship Available: This role is limited to persons with the indefinite right to work in the United States.
Return to Work
Have you taken time out for caring responsibilities and are now looking to return to work? As part of our Return to Work initiative, we are encouraging enthusiastic and talented returners to apply, and will actively support your return to the workplace.
Compensation/Benefits Information (US Applicants Only):
S&P Global states that the anticipated base salary range for this position is $103,800 to $206,350 . Base salary ranges may vary by geographic location. 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, visit https://www.spgbenefitessentials.com/newhires .
About Company Statement :
S&P Global delivers essential intelligence that powers decision-making. We provide the world's leading organizations with the right data, connected technologies, and expertise they need to move ahead. As part of our team, you'll help solve complex challenges that equip businesses, governments, and individuals with the knowledge to adapt to a changing economic landscape.
S&P Global Ratings offers critical insights for credit, risk, and sustainable finance solutions that are essential to translating complexity into clarity, so market participants can uncover opportunities.
-----------------------------------------------------------
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: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.
US Candidates Only: The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law.
-----------------------------------------------------------
202 - Middle Professional (EEO Job Group) (inactive), 20 - Professional (EEO-2 Job Categories-United States of America), RATNGS202.2 - Middle Professional Tier II (EEO Job Group)
Job ID: 281378
Posted On: 2023-03-07
Location: New York, New York, United States
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