S&P Global Careers

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JobDescription :

The Role:
The Associate is primarily responsible for analyzing transactions backed by U.S. residential mortgages. In addition, the Associate will be responsible for aggregating data and information to be used to present to rating committees. The Associate also participates in reviewing operational capabilities of issuers and lenders, identifying market trends, and contributing to market research and commentary. In addition, the Associate may act as the primary analyst for U.S. RMBS transactions and is eventually an active, vocal voting member to the rating committee and prepares material for ratings publication.

Under the direction and guidance of assigned Management, the Associate will perform some or all of the following:

• Develops research, analytical and reporting skills and familiarity with debt rating methodology and standards essential for active participation in S&P debt rating activities.
• Assembles pertinent financial, technical and other data essential to S&P debt rating activities, and applying acquired research, analytical and reporting skills, makes recommendations to the rating Committee.
• Conducts model analytics on mortgage pools to assess default and loss expectations as well as cash flow sensitivities on transaction credit enhancement.
• Reviews legal documentation to assist in analysis of transaction structure and preparation/formation of rating rationale and recommendation.
• Informs issuer or his representative of Rating Committee's decisions and to the extent possible, commensurate with experience, explains rating rationale.
• Participates in Rating Committee meetings prior to voting, as assigned.
• Participates in meetings and on-site visits with debt issuers and their representatives, as assigned.
• Prepares material for publication.
• Contributes to research and development of US RMBS criteria and related market commentary.

The above description covers the most significant duties required but does not exclude other occasional work assignments, the inclusion of which would be in conformity with the General Purpose above.

• Must possess an MBA, JD, or CFA degree with 2-5 years of experience in the financial services industry; alternately, significant direct experience in the required asset class may replace educational requirements.
• Must have a strong understanding of financial markets and business environment including implications for S&P’s analytical products and services.
• Be able to monitor relevant market trends, is knowledgeable and well informed on issuer, industry and market developments.
• Highly developed interpersonal and communication skills.
• Must be able to work effectively in a team-oriented, global, and multi-cultural environment.
• Have the ability to undertake rigorous analytical work and be proficient at writing analytical reports.
• Strong ability to work with financial models and data, including credit and cash flow models; familiarity with LEVELS and Intex a plus.
• Proficiency in technological software which may include Microsoft Excel, VBA, C++, etc.

About S&P Global Ratings

S&P Global Ratings is the world’s leading provider of independent credit ratings. Our ratings are essential to driving growth, providing transparency and helping educate market participants so they can make decisions with confidence. We have more than 1 million credit ratings outstanding on government, corporate, financial sector and structured finance entities and securities. We offer an independent view of the market built on a unique combination of broad perspective and local insight. We provide our opinions and research about relative credit risk; market participants gain independent information to help support the growth of transparent, liquid debt markets worldwide.


S&P Global Ratings is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies and governments to make decisions with confidence.For more information, visit

S&P Global is an equal opportunity employer committed to making all employment decisions on the basis of merit, capability and equality of opportunity, and without regard to race/ethnicity, gender, pregnancy, gender identity or expression, color, creed, religion, national origin, age, disability, marital status (including domestic partnerships and civil unions), sexual orientation, military veteran status, unemployment status, or any other basis prohibited by federal, state or local law, or any other characteristic that has no bearing on a person’s ability to perform his or her job.
Only electronic job submissions will be considered for employment. If you need an accommodation during the application process due to a disability, please send an email to: and your request will be forwarded to the appropriate person.

The EEO is the Law Poster describes discrimination protections under federal law.

Job ID :
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Location :
New York, NY US
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