Associate - Non-traditional Abs - Structured

3 weeks ago


Toronto, Canada S&P Global Full time

**The Team**: S&P Global Ratings is seeking an Associate to join its non-traditional asset-backed team within the structured finance practice. The Associate will be part of a team which provides and monitors credit ratings and opinions for securitizations backed by a wide variety of nontraditional assets, including aircraft, container, railcar, NNN, and other lease-based products, corporate securitizations, small business, solar, and timeshare loans, among others.

**The Impact**: This role blends quantitative and qualitative analytics with strong interpersonal and communication skills, client interaction, and project management. The Associate will assess the credit risk profile of collateral pools, understand and use financial models, read legal and transaction documents, and conduct cash flow analyses to determine the credit rating impact of stress tests to structures and enhancement levels under various economic scenarios. The Associate will also participate actively in credit rating committees and interact with arrangers, issuers, and investors on analytical matters. The Associate will play an important role in improving our analytical tools and streamlining our processes.

**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**:
Understand the financial market and be able to use and understand financial models for various types of ABS and Esoteric Assets transactions securitizations.

Analyze credit and cash flow characteristics of collateral pools. Review third-party model output and reconcile with cash flow results from internal models.

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 by helping to resolve clients’ analytical questions.

Leverage quantitative and qualitative skillset to work on special projects such as building data analytics capabilities across Structured Finance, utilizing lean management principles to optimize processes, and developing next-generation analytical tools as directed by the analytical team manager.

**What We’re Looking For**:
**Basic Qualifications**:
Undergraduate Degree

Strong interest in finance, quantitative, and legal discipline.

2+ years of full-time relevant work experience in capital markets, quantitative finance, or credit analysis/research.

Strong proficiency with Excel, and experience with financial models and financial data.

Strong understanding of financial markets and their relationship to S&P Global products.

Excellent verbal and written communication skills with demonstrated ability to explain quantitative/technical concepts to others. are required.

Ability to analyze and solve non-routine problems with ingenuity in a timely and insightful manner.

Project management skills; Ability to multi-task and manage 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.

**Preferred Qualifications**:
Graduate Degree

Prior experience with data analysis, cash flow analysis, and programming languages will be helpful.

**Locations**: New York, NY | Chicago, IL | Centennial, CO | Toronto,ON

**No Sponsorship Available**: This role is limited to persons with the indefinite right to work in the United States.

**Compensation/Benefits Information (US Applicants Only)**:
**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.
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- Equal Opportunity Employer
------------------------------------------------------- 202 - Middle Professional


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