Associate Director, RMBS Ratings

S&P Global
New York, USA
Sep 30, 2019
Oct 03, 2019
Job Function
Credit Analysis
Industry Sector
Finance - General
Employment Type
Full Time
JobDescription :
Job Description
The Role: Associate Director, Structured Finance Ratings, North America, Residential Mortgage-Backed Securities
The Location: New York, NY
The Team / The Business: The North America Residential Mortgage-Backed Securities (RMBS) team is part of the broader Structured Finance Group at S&P Global Ratings. The team assigns credit ratings and publishes research commentaries for the use of RMBS investors.
The Impact: The Associate Director is primarily responsible for analyzing transactions backed by U.S. residential mortgages. In addition, the Associate Director will be responsible for aggregating data and information to be used to present to rating committees. The Associate Director also participates in reviewing operational capabilities of issuers and lenders, identifying market trends, and contributing to market research and commentary. In addition, the Associate Director may act as the primary analyst and is eventually an active, vocal voting member to the rating committee and prepares material for ratings publication.
What's in it for you: This is a great opportunity to build a career in finance markets with one of the leading providers of financial market intelligence. We are looking for an individual with a dynamic and proactive personality who has an analytical mindset and is always thinking outside the box. In return, you will further enhance your skill sets and sharpen your profile as part of a globally leading organization in fundamental credit research. We prepare our most successful Associate Directors to become our future senior analysts that act as spokespersons and senior analytical leaders.
Responsibilities: As an Associate Director, you will be responsible for developing leading analytical research and ratings, meeting with issuers and investors on analytical matters, and resolving client needs. Specifically, in this role, you will:
  • Manage RMBS transactions, ensuring a consistently high level of analytic quality;
  • Conduct detailed reviews of legal and operating documents to ensure compliance with criteria;
  • Demonstrate strong knowledge of ratings criteria and cash flow analysis;
  • Effectively communicate S&P's methodologies and procedures;
  • Develop and communicate S&P Global Ratings thought leadership and credit themes
  • Participate and lead special projects to execute the Structured Finance business strategy.

  • Advanced Degree in Business, Finance, Economics, a related field or CFA preferred;
  • 4-6 years of experience in the financial services industry with a strong understanding of the RMBS sector;
  • Strong proficiency with Excel, financial models and financial data;
  • Excellent verbal and written communications skills are required;
  • Ability to multi-task and manage deadlines under time pressure;
  • Ability to demonstrate analytical independence and objectivity;
  • Diligent and intellectually curious self-starter with a strong work ethic and a drive to succeed;
  • Strong interpersonal skills and ability to work well in a collaborative team; and
  • Proficiency in programming skills (VBA, R, Python) a plus.