Senior Analyst – Credit Estimates and Colorado

About the Role

Grade Level (for internal use): 11 The Team The Credit Estimates team is a close-knit group of analysts primarily based in Toronto and New York, with additional team members across Europe and Asia. The team serves the middle-market Collateralized Loan Obligation (CLO) constituency and other leveraged loan issuers, operating in a fast‑paced, highly collaborative environment with seamless communication across global groups.

Interactions are largely internal, with select opportunities to engage directly with CLO managers on Credit Estimate rationale and methodology. This team offers one of the most hands‑on learning environments for credit analysis within S&P Global Ratings.

Hands‑on credit analysis experience with direct impact on CLO ratings and private credit markets. The opportunity to mentor and develop junior analysts and act as a spokesperson for Credit Estimates. Exposure to client engagement on methodology and growing trends in Private Credit across Leveraged Finance and Sector teams.

This role delivers high‑quality Credit Estimates used across S&P Global Ratings to inform CLO ratings and client decision‑making. The Senior Analyst in this role will influence internal ratings outcomes and support market participants' access to capital. Manage and review Credit Estimates for multiple CLO transactions, ensuring analytical rigor and consistency with S&P Global Ratings criteria. Engage with clients on criteria and methodology, including explaining Credit Estimate rationale to CLO managers, and support client outreach and credit research initiatives.

Partner with Leveraged Finance and Sector teams to identify and incorporate emerging Private Credit trends into analysis. Review and validate financial models, written analyses, and company evaluations prepared by Research Assistants and Rating Analysts. Deliver detailed financial analysis and recommendations to support ratings and research projects. Mentor, train, and develop junior analysts and research assistants, providing constructive feedback and technical coaching.

S&P Global states that the anticipated base salary range for this position is $92,000 to $127,000 USD. Final base salary 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.

S&P Global states that the anticipated range of compensation for this position is CAD 100,000 to CAD 133,000. Final compensation will be based on the individual's performance, geographic location, as well as experience level, skill set, training, licenses, and certifications. In accordance with Ontario's new 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.

Additionally, 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, and we encourage you to reach out for further information regarding our hiring practices or any questions you may have. Thank you for considering a career with us!

Basic Required Qualifications

• Demonstrated experience managing and reviewing credit estimates or credit opinions for CLO or leveraged loan portfolios.
• Strong financial statement analysis skills, with a solid understanding of accounting concepts and S&P Global Ratings criteria, including Corporate Methodology.
• Proven ability to mentor and develop junior talent, with strong written and oral communication skills for both internal and external stakeholders.
• Proficiency with financial models and the ability to prioritize competing demands and meet deadlines in a fast‑paced environment.

• Prior experience working directly with CLO managers or in private credit investor relations.
• Experience contributing…