About the Role: Grade Level (for internal use): 12 The Team: The Financial Services team within S&P Global Ratings operates as a globally distributed sector team focused on banks, brokers, exchanges, and clearinghouses in Canada and the U.S. Our team values analytical excellence, collaborative relationships, and strategic thinking in delivering high-quality credit research. We foster an environment where diverse perspectives drive innovative solutions and where each team member contributes to maintaining our reputation for integrity and transparency in the financial markets. The Impact: At S&P Global Ratings, your analytical opinion truly matters and each person who works here has an essential role in the company’s reputation for integrity, transparency, and ratings excellence. S&P Global Ratings plays a vital role in bringing transparency and comparability to the financial markets, enabling investors and other decision makers to measure and manage credit risk. By supporting capital markets, S&P Global Ratings helps people to start and grow businesses, cities and states to build highways and hospitals, and manufacturers to build factories and create jobs. With offices in 26 countries, rating $47.5 trillion in debt, and with nearly 1,400 credit analysts, S&P Global Ratings is an key part of the world’s financial infrastructure and has played a leading role for more than 150 years in providing investors and financers the information they need to more easily, quickly and efficiently provide capital to businesses and governments. What’s in it for you: Work alongside highly skilled credit professionals in a collaborative, global environment Gain exposure to complex financial institutions and cutting‑edge analytical frameworks Build expertise in client relationship management while strengthening your credit analysis capabilities Experience a culture that values analytical rigor, strategic thinking, and professional development Advance your career within a leading global financial services organization Responsibilities: Lead in all aspects of the Credit Ratings process, from quantitative analytics, conducting client‑facing meetings, engaging with issuers, presenting in committees, to publishing an issuer’s Rating.



Manage a portfolio of 10‑12 bank credits with ongoing surveillance responsibilities using advanced fundamental credit analysis techniques Conduct detailed research and high‑level advanced analysis on complex industry topics, such as capital frameworks, operational risk, liquidity risk and complex quantitative modeling leading to credit insights, peer comparisons and industry commentaries. Assist in the ongoing development of the team’s junior analysts through coaching and mentoring on complex credit matters. Remain organized to successfully manage competing priorities and deadlines while effectively handling multiple tasks amongst issuers, investors, analysts, colleagues, and internal business partners. Collaborate with stakeholders across functions to build consensus and deliver strategic solutions Demonstrate expertise in financial statement analysis and accounting concepts in all analytical work All employees are required to work from the office a minimum of 2 days per week. What We’re Looking For: Basic Required Qualifications: An S&P Global employee at this level would typically have 6+ years of experience in Research (Credit or Equity), Banking, Risk Management, or Underwriting. A Bachelor's is required, preferably in finance, economics, accounting or business. Strong client‑facing and relationship‑management skills with excellent communication abilities (oral and written) Proven research capabilities with strong analytical skills and a good understanding of financial statement analysis and accounting concepts are required Must have a solid understanding of fixed‑income/debt capital markets. Strong Excel/Word/PowerPoint and database application skills are required, and coding experience is a plus. Must be highly organized with the ability to work under pressure and tight deadlines while multitasking and handling multiple assignments.



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. Additional Preferred Qualifications: An advanced degree or CFA/FRM is strongly preferred. Experience managing resources and operating with autonomy in complex analytical environments. Demonstrated ability to provide detailed analysis and apply results to improve operational effectiveness. Compensation/Perks Information: (This section is only applicable to Canadian candidates:) S&P Global states that the anticipated range of compensation for this position is CAD 110,000 to CAD163,000. Final compensation for this role will be based on the individual’s performance, geographic location, as well as experience level, skill set, training, licenses, and certifications. In accordance with Ontario’s new regulations effective January 1, 2026, this job posting provides information on expected compensation. S&P Global will not be utilizing artificial intelligence in our hiring process. Additionally, we are committed to transparency and will inform all interviewed candidates of hiring decisions within 45 days of their interview. Right to Work Requirements: All successful candidates must be authorized to work in the country where this position is located. S&P Global will not sponsor work authorization for this position. 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: Know Your Rights: Workplace discrimination is illegal. #J-18808-Ljbffr

📌 Associate Director, Financial Institutions - C$110,000 - C$163,000 A Year (Toronto)
🏢 S&P Global
📍 Toronto