Associate Director, Structured Finance

About the Role Grade Level (for internal use): 12 The Team When you join S&P Global Ratings, you become part of one of the world’s leading providers of independent credit risk research and benchmarks. Our team produces high‑quality, fundamental research based on established criteria and engages regularly with senior corporate executives and the global investor community. We value rigorous analysis, collaboration, and clear communication across regions and asset classes. What You Stand to Gain Cross‑regional exposure: Work on credits across multiple regions and asset classes, deepening your analytical breadth. Career development: Opportunities for technical growth, mentorship, and visibility with senior stakeholders. Market impact: Direct engagement with market participants and policymakers, influencing transparency and comparability in financial markets. Operational influence: Chance to shape analytical processes and system improvements across the Ratings platform. The Impact and Responsibilities Impact: This role provides direct analytical coverage of rated insurance companies and structured finance transactions, contributing to timely, well‑reasoned rating opinions that inform investors and market participants. Your analysis will support surveillance, rating actions, and the integrity of S&P Global’s credit research across markets. Responsibilities: Perform rigorous credit analysis including research, financial statement analysis, and building financial models and forecasts. Prepare clear analytical reports and rating recommendations for a portfolio of rated insurance companies and structured finance exposures. Own ongoing surveillance for assigned credits, identifying drivers of credit risk and recommending appropriate rating actions. Apply structured finance expertise to analyze complex transactions, advise colleagues, and support improvements in operational systems and processes. Present findings to internal and external stakeholders, including senior management of rated entities, with clear and persuasive communication. Collaborate across teams to incorporate diverse perspectives, share knowledge, and drive consistent analytical outcomes. Demonstrate accountability by managing resources efficiently, meeting deadlines, and pursuing continuous improvement and innovation. What We’re Looking For Basic Required Qualifications: An S&P Global employee at this level would typically have 5+ years of extensive experience in structured finance, or within a large commercial bank, investment bank, investing institution, or audit company, specifically in credit analysis of structured finance or equivalent experience. Strong analytical skills with deep understanding of financial statement analysis and accounting principles relevant to insurance companies. High proficiency in quantitative analysis, with strong attention to accuracy and detail under tight deadlines. Proven ability to prepare forecasts based on sound assumptions and robust analysis. Excellent verbal and written communication skills, with demonstrated ability to build consensus and share knowledge. Proven ability to work autonomously, manage multiple priorities, and adapt in a collaborative environment. Soft skills: critical thinking; stakeholder management; intellectual curiosity; teamwork and mentorship. 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, ordinarily at your nearest S&P Global Ratings office; this must be completed before we can proceed to an offer. Preferred Qualifications: Experience analyzing insurance company financials and regulatory frameworks. Prior responsibility for structured finance transactions or securitizations. Advanced modeling skills and familiarity with industry data sources and analytics platforms. 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 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. 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. 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: 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 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 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: and your request will be forwarded to the appropriate person. US Candidates Only: The EEO is the Law Poster describes discrimination protections under federal law. Pay Transparency Nondiscrimination Provision - 202 - Middle Professional (EEO Job Group) (inactive), 20 - Professional (EEO-2 Job Categories-United States of America), RATNGS202.2 - Middle Professional Tier II (EEO Job Group) Job ID: Posted On: Location: Sao Paulo, Acre, Brazil #J-18808-Ljbffr