The Role: Associate - Structured Finance Ratings - CMBS (North America)
S&P Global is seeking an experienced analyst to join its Structured Finance Ratings group as an Associate in the CMBS practice. The practice provides credit ratings on commercial mortgage-backed securities (CMBS) transactions that are backed by single or multiple commercial real estate loans. The Associate will be an integral part of the analytical team, which is responsible for real estate collateral analysis, transaction document analysis, external thought leadership, and issuer and investor outreach in support of new issue ratings and surveillance of CMBS transactions. The Associate will conduct property-level and transaction-level analysis as it pertains to our published CMBS criteria, and act as a primary rating analyst leading transactions through the rating process. The Associate will also participate in credit rating committees and interact with bankers, issuers and investors on analytical matters. The successful candidate will be a well-rounded individual who possesses strong analytical and communications skills, which are essential for engaging with market participants.
The Associate's core responsibilities will center on collateral and document analysis of CMBS transactions as follows:
Perform detailed commercial real estate valuation analysis on underlying CMBS collateral properties.
Conduct detailed reviews of legal and operating documents to ensure compliance with criteria and identify issues with the transaction structure. Provide comments to external parties.
Actively manage relationships with issuers, intermediaries and investors. Effectively communicate S&P's methodologies and procedures. Participate in client meetings.
Demonstrate strong knowledge of ratings criteria and property analysis.
Work on special projects as directed by the analytical team manager.
2-5 years of relevant work experience.
Graduate degree in a relevant discipline or CFA degree
Strong proficiency with Excel, financial models and financial data.
Strong understanding of financial markets and their relationship to S&P Global products.
Excellent verbal and written communications skills are required.
Ability to analyze and solve non-routine problems in a timely and insightful manner.
Ability to multi-task and manage deadlines under time pressure.
Strong interpersonal skills and ability to work well in a collaborative team.
Diligent and intellectually curious self-starter with a strong work ethic and a drive to succeed
The Location: New York, NY | Chicago, IL | Centennial, CO No Sponsorship Available: This role is limited to persons with the indefinite right to work in the United States.
Grade/Level ( relevant for internal applicants only ): 11
Compensation/Benefits Information (US Applicants Only): S&P Global states that the anticipated base salary range for this position is $85,700 to $170,400 . Base salary ranges may vary by geographic location. In addition to base compensation, this role is eligible for an annual incentive plan. This role is eligible to receive additional S&P Global benefits. For more information on the benefits we provide to our employees, visit https://www.spgbenefitessentials.com/newhires .
About Company Statement : S&P Global delivers essential intelligence that powers decision-making. We provide the world's leading organizations with the right data, connected technologies, and expertise they need to move-ahead. As part of our team, you'll help solve complex challenges that equip businesses, governments, and individuals with the knowledge to adapt to a changing economic landscape.
S&P Global Ratings offers critical insights for credit, risk, and sustainable finance solutions that are essential to translating complexity into clarity, so market participants can uncover opportunities.
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.
Equal Opportunity Employer 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.
If you need an accommodation during the application process due to a disability, please send an email to: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.
US Candidates Only: The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law.