Associate Director – Infrastructure Ratings, New York or Toronto

About the Role:

Grade Level (for internal use):

12

The North America Infrastructure Ratings team at S&P Global Ratings covers power, midstream, refining, and digital infrastructure, delivering credit analysis that supports capital formation across a growing range of essential infrastructure asset classes. The team values analytical rigor, market engagement, and the responsible integration of AI tools to enhance the quality and efficiency of credit assessments.

• Coach junior team members on credit fundamentals, modeling discipline, and the responsible use of AI tools, coordinating work across credits to manage quality and capacity risks.

• Lead credit analysis and prepare committee-ready materials for an assigned portfolio of North America infrastructure credits across power, midstream, refining, and digital infrastructure, participating actively in rating committees.
• Manage portfolio surveillance and updates, connecting market developments and issuer performance to forward‑looking risk themes, and embed AI tools into analytical workflows with disciplined validation and documentation.

• Lead external analytical engagements including management meetings, due diligence calls, and surveillance discussions; produce and publish high‑quality rating reports and contribute to thought leadership and sector commentaries.

• Ensure adherence to analytical methodology, confidentiality standards, and data governance requirements, escalating risks early and contributing to controlled automation workflows with appropriate governance and human oversight.

S&P Global states that the anticipated base salary range for this position is USD $120,000 to $189,000. Final base salary for this role will be based on the individual's geographic location, as well as experience level, skill set, training, licenses, and certifications. In addition to base compensation, this role is eligible for an annual incentive plan. For more information on the benefits we provide to our employees, please visit

S&P Global states that the anticipated range of compensation for this position is CAD $108,000 to $165,000. Final compensation for this role will be based on the individual's geographic location, as well as experience level, skill set, training, licenses, and certifications. In accordance with Ontario's regulations effective January 1, 2026, this job posting provides information on expected compensation. S&P Global will not be utilizing artificial intelligence in our hiring process.

We are committed to transparency and will inform all interviewed candidates of hiring decisions within 45 days of their interview. This posting is for an existing vacancy.

• An S&P Global employee at this level would typically have 5+ years of relevant experience in credit analysis, infrastructure finance, or project finance.
• Demonstrated experience managing a portfolio of infrastructure credits and preparing committee‑ready analytical materials across power, midstream, refining, or digital infrastructure sectors.
• Demonstrated experience leading external analytical engagements including management meetings, due diligence calls, and surveillance discussions, and producing and publishing high‑quality rating reports.
• Demonstrated coaching and mentoring capability, with experience developing junior analysts through structured feedback and quality review.
• Practical experience embedding generative AI, large language models, or agentic workflows into analytical processes with disciplined governance and validation.
• Effective written and verbal communication skills for committee‑ready documentation and engagement with issuers, investors, and market participants.

• Education:
  
  Bachelor's degree or equivalent required. A master's degree or professional certification (such as CFA) is highly valued. We welcome candidates from traditional finance disciplines as well as…