Model Developer Associate Director - Structured Finance

About the Role:

Grade Level (for internal use):

12

Model Developer Associate Director - Structured Finance

The Team:

The Structured Finance (SF) team is responsible for a vast portfolio of criteria and models spanning ABS, RMBS, CMBS and Structured Credit (including CLO's). Our criteria and models enable global analysts to produce independent credit ratings covering Structured Finance securitizations. We are focused on producing timely, insightful, and innovative analysis and research of the highest quality that grows our relevance in the market. As a Model Developer Associate Director, you will be embedded within the SF team and work closely with Model and Criteria Subject Matter Experts (SMEs), who are responsible for developing, maintaining, and delivering a growing portfolio of cutting-edge quantitative tools, models and analysis that enable analysts to continually produce high quality and transparent credit analysis. This is an excellent opportunity to join S&P Global as we transform our infrastructure and deliver cloud-based tools to the analytical teams, while also developing your skills and furthering your career as we power the markets of the future.

Responsibilities and Impact:

• Design and build nimble, user-friendly quantitative solutions and tools that will be used by credit analysts globally in credit rating analyses and research publications

• Collaborate with senior members of Methodologies and Ratings Technology to ensure that our models and tools are reliable, operational, performant, and meet business requirements

• Develop applications and dashboards that utilize models, tools, and data for use across the organization

• Analyze and synthesize large datasets to derive analytic value and insights for credit rating analyses and research publications

• Proactively identify areas for new, creative solutions and continuous improvement while demonstrating strategic thinking aligned with business objectives

• Serve as a technical expert to the team in solving complex, non-routine problems and tasks while coaching junior team members

• Foster collaborative relationships with analysts, model developers, and subject matter experts to ensure that data analyses and tools effectively inform analytical decisions

• Partner strategically with senior model and criteria SMEs within the group to influence cross-functional initiatives

• Ensure quality standards through close collaboration with the Model and Criteria Validation group

• Produce comprehensive specifications and development documentation to ensure consistent and thorough documentation in accordance with policy and procedures

• Lead and contribute to criteria projects including developing tools, testing of new concepts, data gathering, writing, and preparation of materials

• All employees are required to work from the office a minimum of 2 days per week

• 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

What We're Looking For:

Basic Required Qualifications:

• Bachelor's or post-graduate degree in Finance, Financial Engineering, Statistics, Quantitative Finance, Computer Science, Mathematics, Economics or a related field

• 5-7+ years work experience in quantitative modeling, preferably in structured finance or securitizations

• Deep knowledge of capital markets with specialized expertise in Structured Finance securitizations and credit risk modeling

• Advanced proficiency in programming languages: R/R Shiny (required), Python, and C++

• Strong foundation in database modeling/design and applications, including SQL and experience with databases such as Oracle, Sybase, or similar platforms

• Excellent communication skills with the ability to articulate complex quantitative concepts across diverse audiences internally and externally while building consensus across competing priorities

• Proven ability to work collaboratively in cross-functional teams and adapt to the needs of a diverse, global team

Additional Preferred Qualifications:

• Master's degree or advanced quantitative certification

• Expertise in financial or credit risk modeling for structured finance products

• Advanced proficiency in R programming and creation of interactive Shiny applications and dashboards

• Natural curiosity about credit markets and securitization structures with persistent attention to technical details

Compensation/Benefits Information (US Applicants Only): S&P Global states that the anticipated base salary range for this position is USD 146,000 - $181,000 Base salary ranges may vary by geographic location. 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.  

About S&P Global Ratings
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 businesses, governments, and institutions.

S&P Global Ratings is a division of S&P Global (NYSE: SPGI).  S&P Global is the world’s foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world’s leading organizations navigate the economic landscape so they can plan for tomorrow, today.

For more information, visit www.spglobal.com/ratings

What’s In It For You?

Our Purpose:

Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology–the right combination can unlock possibility and change the world.

Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence®, pinpointing risks and opening possibilities. We Accelerate Progress.

Our People:

We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.

From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We’re committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. We’re constantly seeking new solutions that have progress in mind. Join us and help create the critical insights that truly make a difference.

Our Values:
 

Integrity, Discovery, Partnership

At S&P Global, we focus on Powering Global Markets. Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.

Benefits:

We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.

Our benefits include: 

• Health & Wellness: Health care coverage designed for the mind and body.

• Flexible Downtime: Generous time off helps keep you energized for your time on.

• Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.

• Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.

• Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.

• Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.

For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries

Global Hiring and Opportunity at S&P Global:

At S&P Global, we are committed to fostering a connected and engaged workplace where all individuals have access to opportunities based on their skills, experience, and contributions. Our hiring practices emphasize fairness, transparency, and merit, ensuring that we attract and retain top talent. By valuing different perspectives and promoting a culture of respect and collaboration, we drive innovation and power global markets.

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.

Recruitment Fraud Alert:

If you receive an email from a spglobalind.com domain or any other regionally based domains, it is a scam and should be reported to reportfraud@spglobal.com. S&P Global never requires any candidate to pay money for job applications, interviews, offer letters, “pre-employment training” or for equipment/delivery of equipment. Stay informed and protect yourself from recruitment fraud by reviewing our guidelines, fraudulent domains, and how to report suspicious activity here.

20 - Professional (EEO-2 Job Categories-United States of America), ANLYTC202.2 - Middle Professional Tier II (EEO Job Group), SWP Priority – Ratings - (Strategic Workforce Planning)