Senior Analyst, Structured Credit

The practice provides credit ratings of structured products that are backed by pools of assets, mainly focused on Collateralized Loan Obligation (CLO) transactions. You will report to the Analytical Manager, Structured Finance and work closely with a number of highly experienced industry specialists. Impact S&P Global is seeking an experienced analyst to join its Structured Finance Ratings group as a Senior Analyst in the Structured Credit practice. The successful candidate will enhance our ability to efficiently and effectively serve our clients by demonstrating outstanding analytical excellence and the capacity to provide relevant, insightful and compelling analysis. You will have responsibility for supporting the Structured Credit team with analysis. Senior Analysts who excel in this role will have opportunities to work across other asset classes and assume greater accountabilities. What you stand to gain Structured Finance is a key sector of capital markets and a growth driver for many areas of the economy. You will be exposed to CLOs, SME, and repack structures. If you are interested in facilitating this growth while challenging yourself in a fast‑paced environment, this is the right position for you. To succeed, you must be comfortable with quantitative analysis, have a knack for problem solving and be a team player. You will work in a dynamic team environment, deepen and broaden your insight, and have the opportunity to participate in the Company Data Science initiatives. Responsibilities Ownership of a portfolio of credits, mainly CLOs. Working closely with analysts to provide research and analysis for the Structured Finance team. Analyse data and review documentation for the analytical team. Conducting analyses on complicated SF transactions with appropriate risk factor identification, measurement, and presentation. Independently preparing and presenting analysis and recommendations to credit committees. Proactive participation in ratings committees. Review and run cash flow models. Undertake research in support of S&P Global Ratings published commentaries. Understand and implement S&P’s Policies. Take the lead on special projects within Structured Finance as appropriate. Qualifications Degree in Engineering, Mathematics, Physics, Business, Finance, Economics or a related subject. Postgraduate study or CFA qualification is a plus. Relevant industry experience in securitization and/or CLO, credit analysis or related analytical fields. 3–6 years of analytical work experience in the financial services industry. Demonstrable analytical work experience with responsibility for managing and interpreting data for analytical purposes. Ability to meet deadlines in a fast‑changing, global and regulated environment. Proactive team player with a willingness to learn and an analytical mind‑set. Strong interpersonal and communication skills. Fluent in English (written and verbal). Additional European language desirable. Good/advanced knowledge of Python and/or R desirable. 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. We enable growth across a wide variety of organizations – businesses, governments, and institutions. 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. Benefits Health & Wellness: Health care coverage designed for the mind and body. Flexible Downtime: Generous time off to keep you energized. 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, an education program with a company‑matched student loan contribution, and financial wellness programs. Family Friendly Perks: Benefits for partners and children, including best‑in‑class family perks. Beyond the Basics: Retail discounts, referral incentives and other small perks that make a big difference. 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. Job ID: Posted On: Location: Madrid, Spain #J-18808-Ljbffr