Associate Director - Structured Finance; CMBS

You will contribute to independent credit opinions that the commercial mortgage securitization market depends on. Your analytical leadership will maintain the quality and consistency of S&P Global's CMBS coverage, your coaching of junior analysts will deepen the team's commercial real estate credit expertise, and your contribution to AI-enabled workflows will help the team deliver faster, more rigorous, and more consistent insights.

Act as a senior reference for junior analysts, coaching on CMBS credit fundamentals, financial modeling, data quality, and responsible AI use; coordinate portfolio workflows, proactively manage capacity and quality risks, and drive continuous improvement through refined processes and the governed rollout of new tools.

Deliver end-to-end analytical execution across a defined CMBS portfolio - including new transaction analysis and ongoing surveillance - reconciling credit inputs, documenting assumptions and model changes, and maintaining consistently high standards of analytical quality and clarity.

Use approved generative AI tools to accelerate research, comparisons, and drafting, with rigorous validation and full accountability for all outputs.

Translate data, analysis, and research into market-facing narratives for issuers, investors, and senior market participants; build trusted stakeholder relationships and contribute to thought leadership on CMBS and commercial real estate trends.

Maintain strict adherence to methodology, confidentiality, and data governance requirements; elevate emerging risks early and embed responsible AI practices with appropriate governance and human oversight throughout all workflows.

At S&P Global, we are committed to fostering a connected and engaged workplace where all individuals have access to opportunities based on their skills, experience, and contributions. Our hiring practices emphasize fairness, transparency, and merit, ensuring that we attract and retain top talent. By valuing different perspectives and promoting a culture of respect and collaboration, we drive innovation and power global markets.

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.

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.

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Specialized experience in commercial real estate finance and/or CMBS, including leading new transaction analysis and ongoing portfolio surveillance.

Strong credit and financial analysis skills in structured finance, with the ability to translate complex CMBS data into clear, decision-useful narratives grounded in evidence and sound judgment.

Proven ability to coach and advise junior colleagues on credit fundamentals, operational processes, and quality standards, with a track record of delivering high-quality outputs with limited oversight.

Practical experience integrating generative AI or large language model tools into analytical workflows to drive productivity, with the ability to shape AI and automation use cases within appropriate governance and change management frameworks.

Effective written and verbal communication skills for committee-ready documentation and engagement with issuers, investors, and market participants.

A continuous improvement…