Associate Director, Global Infrastructure/Project Finance North America - S&P Global Ratings

S&P Global; Toronto; Hybrid; CAD 189,000 - 257,000; Full time

Job summary

A leading global ratings agency is seeking an Associate Director for its Infrastructure team in Toronto. The role involves analytical surveillance of rated issuers and managing relationships with clients while conducting financial analysis and presenting credit views. Candidates must have a Bachelor’s degree, strong analytical and communication skills, and experience in financial institutions. The position offers competitive compensation and a vibrant team culture focused on collaboration and continuous improvement.

Benefits

Health & Wellness benefits

Generous time off

Continuous learning opportunities

Competitive pay and retirement planning

Family-friendly perks

Qualifications

• 5+ years of experience within a financial institution or relevant field.
• Detailed understanding of financial statement analysis and accounting.
• Proficiency with project finance legal documents.

Responsibilities

• Perform analytical work on rated corporate and project finance entities.
• Conduct ongoing surveillance and make rating recommendations.
• Present findings to internal and external stakeholders.

Skills

Strong analytical skills

Interpersonal skills

Communication skills

Excel proficiency

Detail-oriented

Education

Bachelor’s degree in Business, Economics, Finance, Engineering, Mathematics or similar

MBA or Master’s Degree in relevant fields

Tools

Financial models

Job description

About the Role

Grade Level (for internal use): 12

The Role

Associate Director, Global Infrastructure/Project Finance North America - S&P Global Ratings

The Location

New York, NY; Toronto, CA considered

The Team

You’ll join our dynamic North American infrastructure team, part of the Global Infrastructure Practice. Based primarily in New York and Toronto, the team covers Power & LNG, Midstream, Regulated Utilities, and Project Finance (P3), though coverage can evolve. You may cover multiple sectors. You’ll collaborate with experienced industry specialists globally who rate infrastructure companies and assets, within a highly integrated and collegiate S&P Global Ratings culture that emphasizes teamwork, knowledge sharing, and cross-team collaboration.

The Impact

At S&P Global Ratings, your analytical opinion truly matters and each person who works here has an essential role in our reputation of integrity, transparency, and ratings excellence. We play a vital role in bringing transparency and comparability to financial markets, helping investors measure and manage credit risk. Infrastructure is a rapidly growing sector, and this role offers the opportunity to contribute to its growth while developing professionally in a fast-paced environment.

The Role

We are seeking a highly skilled and motivated Associate Director to join our growing North American Infrastructure ratings team. Responsibilities include analytical surveillance of a portfolio of rated issuers, new issuer ratings, managing issuer relationships as a primary analyst, investor interaction, and presenting credit views both internally and externally. Confident and knowledgeable responses to analytical questions, and credible representation of S&P Global Ratings in meetings and with investors, are essential.

Responsibilities

As an Associate Director in the Global Infrastructure Practice, you will perform rigorous analytical work, including research, fundamental credit analysis, financial statement analysis, financial modeling, and report writing on rated corporate and project finance entities. You’ll thrive in a fast-paced environment, possess strong interpersonal and communication skills, be customer-oriented, and demonstrate excellent presentation skills.

Specifically, in this role, you will:

• Act as the Primary Analyst for a portfolio of credits.
• Conduct ongoing surveillance and make rating recommendations.
• Present analytical findings to internal and external stakeholders.
• Apply expertise across project finance, corporates, and project developers.
• Work on new issuers, new issues, project financings, and rating evaluation services.
• Contribute to commentaries and thought leadership articles.
• Mentor and train junior team members.
• Actively participate and vote in credit committees, providing original insight and rigorous analysis.
• Be a proactive problem solver. You’ll operate within a culture of continuous improvement and high customer service standards, adhering to established ratings criteria, policies, and procedures.

Basic Qualifications

• Bachelor’s degree holder of Business, Economics, Finance, Engineering, Mathematics or similar.
• Solid demonstrable experience (5+ years) within a large commercial bank, investment bank, investing institution/asset manager, rating agency, or an audit company working in the field of financial analysis, preferably in credit.
• Strong analytical skills with a detailed understanding of financial statement analysis and accounting concepts.
• Working knowledge of energy infrastructure including unregulated power, midstream, refining, and LNG.
• Proficiency/familiarity in reading typical project finance legal documents.
• Proficiency with financial models, credit metric calculations and the ability to maintain accuracy and be detail oriented while complying with tight deadlines.
• Strong adherence to analytical guidelines, quality standards, procedures and policies established are adhered to for all credits.
• Ability to multi-task and manage deadlines under time pressure.
• Strong interpersonal and communication skills.
• Strong Excel skills (including formulas, VLOOKUP's, pivot tables, data, filters).
• Intellectually curious, self-starter with a strong work ethic and a drive to succeed.

Preferred Qualifications

• MBA or Master’s Degree in Finance, Economics, Accounting, Engineering, Mathematics and/or recognized designation like the CFA or FRM.

Compensation/Benefits Information

(This section is only applicable to US candidates): S&P Global states that the anticipated base salary range for this position is USD $137,000 - $185,000. 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 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.

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 [e-mail]. 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 (https://www.spglobal.com/content/dam/spglobal/corporate/en/documents/careers/Corp_0525-Recruitment-Fraud-Alert.pdf).

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: [e-mail] 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. Pay Transparency Nondiscrimination Provision - https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf

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 Information

Job ID: 323079

Posted On: 2025-12-09

Location: New York, New York, United States