S&P Global
Associate Director, Model Developer, Structured Finance - New York or London

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About The Role
Grade Level (for internal use):
12
The Team
The Structured Finance (SF) Methodologies team is responsible for a large portfolio of criteria and models spanning the global SF universe, including CMBS, RMBS, CLO, Covered Bonds, Non-Traditional and ABS asset types. The criteria and models that the group develops and maintains help analysts produce independent credit ratings that increase S&P Global’s analytical relevance in the market. As a Methodology Model SME, the position is embedded within the SF team and works closely with the Model and Criteria SMEs, who are responsible for developing and maintaining a growing portfolio of cutting-edge quantitative tools and analysis that enable analysts to continually produce high-quality and transparent credit analysis.
The Impact
The Associate Director enhances S&P Global Ratings’ ability to produce high-impact, insightful research and models and supports the continued growth of S&P Global Ratings’ relevance in an evolving market by synthesizing, analyzing, and deriving value from datasets, developing innovative analytic solutions and tools, and helping to build data analytics capabilities across the SF team.
What’s in it for you?
- The role leverages quantitative abilities to develop analytic solutions and tools that enable credit analysts to perform high-quality analysis and research.
- The position explores new areas for research and aids in business development initiatives.
- It supervises and performs implementation and testing of quantitative models as prototypes and production engines using the Quantitative Toolbox as appropriate, to further the study, application and acceptance of quantitative methodologies as part of the firm’s businesses.
- The role offers a challenging, steep learning curve, and the position could lead to continued growth within the organization by demonstrating strong analysis and presentation skills.
- Gain analytic knowledge of a wide range of global sectors and market topics.
- Gain exposure to stakeholders across S&P Ratings and enjoy a strong collegial, collaborative environment.
Responsibilities
- Develop and maintain nimble, user-friendly quantitative solutions and tools that will be used by credit analysts globally in credit rating analyses and research publications.
- Synthesize and analyze large datasets to derive analytic value and insights for credit rating analyses and research publications.
- Proactively identify and implement creative solutions to drive continuous improvement across models and analytical workflows.
- Provide analytical insight and technical guidance to help the team resolve complex, non-routine problems and tasks.
- Maintain close interaction with analysts, model developers, and subject matter experts to ensure that data analyses and tools effectively inform analytical decisions.
- Work closely with the Model and Criteria Validation group to ensure a high-quality product.
- Write clear, concise specifications and development documentation to ensure consistent and thorough documentation in accordance with policy and procedures.
- Support criteria projects and be an active member of projects, including testing of new concepts, data gathering, writing and preparation of materials.
- Coach and guide junior developers on technical tasks and best practices; support criteria projects by assisting with tool development, testing, and data gathering
Compensation / Benefits Information
S&P Global states that the anticipated base salary range for this position is $148,491 to $176,000 USD (This section is only applicable to US Candidates). 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 spgbenefits.com/benefit-summaries.
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Basic Qualifications
What We’re Looking For:
- An S&P Global employee at this level would typically have 5 to 7 years of experience in quantitative modeling or software development supporting financial analysis.
- Knowledge of capital markets and financial instruments, with an emphasis on credit risk modeling preferred.
- Basic understanding of database modeling/design and applications, including knowledge of SQL and experience in databases such as Oracle, Sybase, or Access.
- Proficiency in Microsoft Excel/VBA and programming languages such as R, Python, C++, and MATLAB.
- Persistent with a natural curiosity about credit markets and technical details.
- Displays well-rounded communication skills that implement good listening techniques, clear and good verbal skills. The ability to communicate across a wide range of groups and personalities internally and externally.
- Works well in a team environment, focusing on collaboration and adapting to the needs of a diverse team.
Additional Preferred Qualifications
- Bachelor's degree in Finance, Financial Engineering, Statistics, Quantitative Finance, Computer Science, Mathematics, Economics, or a related field
- Self-starter with the ability to work independently and collaborate effectively across diverse teams.
- Able to summarize complex quantitative concepts clearly and concisely for technical and non-technical stakeholders.
- Experience supporting multi-stage projects from planning through execution.
- Strong time management, prioritization and deadline-management skills.
- Effective communication, interpersonal and facilitation skills, with the ability to manage multiple priorities.
- Strong customer service orientation and stakeholder-management skills.
- Creative problem-solver who works well in fast-paced environments.
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 Mission
Advancing Essential Intelligence.
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. Join us and help create the critical insights that truly make a difference.


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Our Values
Integrity, Discovery, Partnership
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.
Equal Opportunity Employer
S&P Global is an equal opportunity employer and all qualified candidates will
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