Associate Director – Structured Finance, New York

About the Role

Grade Level (for internal use): 12

The Structured Finance team at S&P Global Ratings covers complex credit structures including asset-backed securities, funds finance, and emerging alternative investments, partnering with issuers, arrangers, and investors across global markets. The team values analytical rigor, collaborative problem-solving, and delivering independent credit opinions that market participants rely on.

• Credit Analysis & Surveillance Lead credit analysis and risk assessment across structured finance transactions, including asset-backed securities, funds finance, and emerging alternative investments.
• Build and maintain financial models to evaluate cash flow performance, stress scenarios, and credit enhancement structures for complex securitization transactions.
• Monitor rated transactions, identify emerging credit concerns, and recommend appropriate rating actions where warranted.
• Stakeholder & Market Engagement Present analytical findings and credit opinions to internal rating committees with clear, evidence-based rationale. Engage with issuers, arrangers, and investors to gather transaction data, conduct due diligence, and explain rating approaches.
• Methodology Development Collaborate with cross-functional teams to develop and refine rating criteria for new and evolving structured finance asset classes.

S&P Global states that the anticipated base salary range for this position is USD $142,100 to $192,000. 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

An S&P Global employee at this level would typically have 5+ years of relevant experience in structured finance or credit analysis, with a focus on asset-backed securities or funds finance. Demonstrated financial modeling skills, including cash flow analysis, stress testing, and credit enhancement evaluation, using tools such as Excel. Demonstrated ability to analyze complex financial structures and assess credit risk, including emerging asset classes and structural risks.

Demonstrated ability to present analytical findings clearly to internal committees and external stakeholders, including issuers, arrangers, and investors.

Experience using Python, R, MATLAB, C++, or VBA for financial modeling or structured data analysis. Experience with cash flow modeling for specialized asset classes, including triple net leases, data centers, private equity, or transportation asset-backed securities. Experience in client-facing roles such as market education delivery, industry conference participation, or investor engagement.

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 diverse academic backgrounds that support innovative and critical thinking.

We require all candidates who reach the final stage of our interview process to attend at least one in-person interview, which is ordinarily at your nearest S&P Global Ratings office. This must be completed before we can proceed to an offer. Employees are required to work from the office a minimum of two days per week.

This role is limited to persons with an indefinite right to work in the United States.

At S&P Global Ratings, our analyst-driven credit ratings, research, and sustainable finance opinions provide critical insights that are essential to translating complexity into clarity so market participants can uncover opportunities and make decisions with conviction. By bringing transparency to the market through high-quality independent opinions on creditworthiness, we enable growth across a wide variety of organizations, including…