Associate-Structured Finance Ratings, U.S. RMBS
- Employer
- S&P Global
- Location
- New York, USA
- Salary
- Competitive
- Closing date
- Oct 9, 2021
View more
- Job Function
- Risk Management
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
You need to sign in or create an account to save a job.
Associate-Structured Finance Ratings, U.S. RMBS (S&P Global Ratings)
The Team / The Impact: The Associate is primarily responsible for analyzing transactions backed by U.S. residential mortgages. In addition, the Associate will be responsible for aggregating data and information to be used to present to rating committees. The Associate also participates in reviewing operational capabilities of issuers and lenders, identifying market trends, and contributing to market research and commentary. In addition, the Associate may act as the primary analyst for U.S. RMBS transactions and is eventually an active, vocal voting member to the rating committee and prepares material for ratings publication.
What's in it for you:
• We prepare our most successful Associates and Associate Directors to become our future senior analysts that act as spokespersons and senior analytical leaders in sector teams. A high performing Associate/Associate Director is likely to be considered for rating more complex and higher profile issuers, as well as for investor outreach.
• Build a career with a global company
• Grow and improve your skills by working on research and analysis with global impact
Additional Responsibilities:
• Develops research, analytical and reporting skills and familiarity with debt rating methodology and standards essential for active participation in S&P debt rating activities.
• Assembles pertinent financial, technical and other data essential to S&P debt rating activities, and applying acquired research, analytical and reporting skills, makes recommendations to the rating Committee.
• Conducts model analytics on mortgage pools to assess default and loss expectations as well as cash flow sensitivities on transaction credit enhancement.
• Reviews legal documentation to assist in analysis of transaction structure and preparation/formation of rating rationale and recommendation.
• Informs issuer or his representative of Rating Committee's decisions and to the extent possible, commensurate with experience, explains rating rationale.
• Participates in Rating Committee meetings prior to voting, as assigned.
• Participates in meetings and on-site visits with debt issuers and their representatives, as assigned.
• Prepares material for publication.
• Contributes to research and development of US RMBS criteria and related market commentary.
What We're Looking For:
Qualifications:
• Must possess an MBA, JD, or CFA degree with 2-5 years of experience in the financial services industry; alternately, significant direct experience in the required asset class may replace educational requirements.
• Must have a strong understanding of financial markets and business environment including implications for S&P's analytical products and services.
• Be able to monitor relevant market trends, is knowledgeable and well informed on issuer, industry and market developments.
• Highly developed interpersonal and communication skills.
• Must be able to work effectively in a team-oriented, global, and multi-cultural environment.
• Have the ability to undertake rigorous analytical work and be proficient at writing analytical reports.
• Strong ability to work with financial models and data, including credit and cash flow models; familiarity with LEVELS and Intex a plus.
• Proficiency in technological software which may include Microsoft Excel, VBA, R, C++, etc.
Compensation/Benefits Information (US Applicants Only):
S&P Global states that the anticipated base salary range for this position is $82,600 to $130,000 Base salary ranges may vary by geographic location.
In addition to base compensation, this role is eligible for an annual incentive bonus/a sales commission 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 .
This role is limited to persons with indefinite right to work in the United States.
About Company Statement:
S&P Global Ratings
S&P Global Ratings is the world's leading provider of independent credit ratings. Our ratings are essential to driving growth, providing transparency and helping educate market participants so they can make decisions with confidence. We have more than 1 million credit ratings outstanding on government, corporate, financial sector and structured finance entities and securities. We offer an independent view of the market built on a unique combination of broad perspective and local insight. We provide our opinions and research about relative credit risk; market participants gain independent information to help support the growth of transparent, liquid debt markets worldwide.
S&P Global Ratings is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies and governments to make decisions with confidence. For more information, visit www.spglobal.com/ratings.
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 regulations. In some Divisions, pursuant to the Policy's 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.
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: 264343
Posted On: 2021-08-27
Location: New York, New York, United States
The Team / The Impact: The Associate is primarily responsible for analyzing transactions backed by U.S. residential mortgages. In addition, the Associate will be responsible for aggregating data and information to be used to present to rating committees. The Associate also participates in reviewing operational capabilities of issuers and lenders, identifying market trends, and contributing to market research and commentary. In addition, the Associate may act as the primary analyst for U.S. RMBS transactions and is eventually an active, vocal voting member to the rating committee and prepares material for ratings publication.
What's in it for you:
• We prepare our most successful Associates and Associate Directors to become our future senior analysts that act as spokespersons and senior analytical leaders in sector teams. A high performing Associate/Associate Director is likely to be considered for rating more complex and higher profile issuers, as well as for investor outreach.
• Build a career with a global company
• Grow and improve your skills by working on research and analysis with global impact
Additional Responsibilities:
• Develops research, analytical and reporting skills and familiarity with debt rating methodology and standards essential for active participation in S&P debt rating activities.
• Assembles pertinent financial, technical and other data essential to S&P debt rating activities, and applying acquired research, analytical and reporting skills, makes recommendations to the rating Committee.
• Conducts model analytics on mortgage pools to assess default and loss expectations as well as cash flow sensitivities on transaction credit enhancement.
• Reviews legal documentation to assist in analysis of transaction structure and preparation/formation of rating rationale and recommendation.
• Informs issuer or his representative of Rating Committee's decisions and to the extent possible, commensurate with experience, explains rating rationale.
• Participates in Rating Committee meetings prior to voting, as assigned.
• Participates in meetings and on-site visits with debt issuers and their representatives, as assigned.
• Prepares material for publication.
• Contributes to research and development of US RMBS criteria and related market commentary.
What We're Looking For:
Qualifications:
• Must possess an MBA, JD, or CFA degree with 2-5 years of experience in the financial services industry; alternately, significant direct experience in the required asset class may replace educational requirements.
• Must have a strong understanding of financial markets and business environment including implications for S&P's analytical products and services.
• Be able to monitor relevant market trends, is knowledgeable and well informed on issuer, industry and market developments.
• Highly developed interpersonal and communication skills.
• Must be able to work effectively in a team-oriented, global, and multi-cultural environment.
• Have the ability to undertake rigorous analytical work and be proficient at writing analytical reports.
• Strong ability to work with financial models and data, including credit and cash flow models; familiarity with LEVELS and Intex a plus.
• Proficiency in technological software which may include Microsoft Excel, VBA, R, C++, etc.
Compensation/Benefits Information (US Applicants Only):
S&P Global states that the anticipated base salary range for this position is $82,600 to $130,000 Base salary ranges may vary by geographic location.
In addition to base compensation, this role is eligible for an annual incentive bonus/a sales commission 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 .
This role is limited to persons with indefinite right to work in the United States.
About Company Statement:
S&P Global Ratings
S&P Global Ratings is the world's leading provider of independent credit ratings. Our ratings are essential to driving growth, providing transparency and helping educate market participants so they can make decisions with confidence. We have more than 1 million credit ratings outstanding on government, corporate, financial sector and structured finance entities and securities. We offer an independent view of the market built on a unique combination of broad perspective and local insight. We provide our opinions and research about relative credit risk; market participants gain independent information to help support the growth of transparent, liquid debt markets worldwide.
S&P Global Ratings is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies and governments to make decisions with confidence. For more information, visit www.spglobal.com/ratings.
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 regulations. In some Divisions, pursuant to the Policy's 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.
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: 264343
Posted On: 2021-08-27
Location: New York, New York, United States
You need to sign in or create an account to save a job.
Sign in to create job alerts
Sign in or create an account to start creating job alerts and receive personalised job recommendations straight to your inbox.
Create alert