The Team: S&P Global Ratings is seeking a Ratings Analyst to join its Structured Finance practice, which provides credit ratings and opinions for securitizations backed by a wide variety of nontraditional assets. In this role, the Ratings Analyst is supporting senior analysts and is responsible for research, cash flow, credit, and structural analytics and will also have some client-facing activities in support of new issue ratings and surveillance of Nontraditional ABS transactions.
The Impact : This role blends research, quantitative, and qualitative skills, some client-facing interactions and project management. The Ratings Analyst will support senior analysts in completing the end-to-end ratings process, reviewing documents, assessing the credit profile of collateral pools, and conducting cash flow analyses to determine the credit rating impact of stress tests to the structures and enhancement levels under various economic scenarios. The Ratings Analyst will also participate actively in credit rating committees and support senior analysts in interacting with bankers, issuers and investors on analytical matters. Furthermore the Rating Analyst will play an important role in improving our analytical tools and streamlining our processes by drawing on computer and data science skills.
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 helping to facilitate this growth 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. To succeed, you must be comfortable with quantitative analysis and have a knack for problem solving.
Responsibilities: o Supporting senior analysts in the end-to-end ratings process for new issue and surveillance transactions. o Understand and perform cash flow analysis, synthesize results, and present findings in a timely manner. o Analyze credit, cash flow, and performance characteristics of collateral pools. Review third-party model output and reconcile with cash flow results from internal models. o Review legal and operating documents to ensure consistency with criteria and identify issues with the transaction structure. Provide comments to senior analysts and external parties, as requested. o Actively manage relationships with senior analysts and internal and external clients, as requested. o Demonstrate strong knowledge of ratings criteria and cash flow analysis by helping senior analysts to resolve clients' analytical questions. Provide research and data to senior analysts and actively help with outreach efforts, including timely commentaries, podcasts, and webinars.
What We're Looking For: Basic Qualifications: o Undergraduate or Graduate degree. o Strong proficiency with Excel, Word, PowerPoint o Experience with cash flow modeling. o Understanding of financial markets. o Excellent verbal and written communications skills. o Excellent research skills. o Ability to analyze and solve non-routine problems with ingenuity in a timely and insightful manner. o Project management skills. Ability to manage multiple tasks and tight deadlines under time pressure. o Strong interpersonal skills and ability to work well in a collaborative team. o Diligent and intellectually curious self-starter with a strong work ethic and a drive to succeed.
Preferred Qualifications: o Knowledge of cash flow modeling and some programming languages (e.g. C++, MATLAB, Python, R or VBA) Strong Excel skills preferred o Prior experience with data analysis. Proven research, verbal, and written communication skills
This role is limited to persons with indefinite right to work in the United States.
S&P Global states that the anticipated base salary range for this position is $46,200, to $129,200. Base salary ranges may vary by geographic location.
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 is an equal opportunity employer committed to making all employment decisions without regard to race/ethnicity, sex, pregnancy, gender identity or expression, color, creed, religion, national origin, age, disability, marital status (including domestic partnerships and civil unions), sexual orientation, military veteran status, unemployment status, or any other basis prohibited by federal, state or local 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.