Director, US Public Finance Ratings, Municipal Pensions
S&P Ratings
Apply to the position:
http://careers.mhfi.com/ShowJob/Id/730753/Director-US-Public-Finance-Ratings,-Municipal-Pensions/
As a Director, you will analyze a portfolio of assigned entities as well as complex situations, data, and information, assess client’s financial projections and resolve difficult deal-specific analytical situations. The position will additionally have responsibility for providing pension specific analysis in the context of state and local government. This position is responsible for meeting with issuers and investors on analytical matters, assisting in resolving client needs, contributing to media requirements in conjunction with other senior members of the organization, and taking the lead at external meetings related to credits. Specifically, in this role, the analyst will:
· Rate complex deals, and proficiently write complex analytical reports.
· Serve to establish policy, lead criteria, policy, and analytical deliberations, identify and develop needed changes/innovations in rating methodology/criteria standards and the ratings process, and ensure that analytical guidelines, quality standards, procedures and policies established are adhered to for all credits.
· Act as a senior member of rating committees and be responsible for convening and conducting of rating committee deliberations in area of expertise. May act as the rating committee chair and assure the integrity of the rating process. Act as an active, vocal voting member of the committee.
· Function as a sector expert on credits. Publish timely industry commentaries, and proficiently write sector reviews and thought leadership pieces. Develop and lead ideas on papers across a broad range of issues for publication in S&P journals and other publications.
· Speaking publically and representing the company to external stakeholders.
Pension Specific Responsibilities
· Summarize and analyze pension related:
· Contribution levels and related payments
· Actuarial assumptions and methods
· Funding status of retirement plans
· Disclosure requirements
· Monitor the ongoing evolution of GASB and other public finance applicable pension standards
The Impact
This person in this position will have the opportunity to increase our ability to efficiently and effectively serve our clients. Your analysis and work is essential to the covering of a diverse portfolio of credits, as well as in the training of others to help them resolve difficult day-to-day analytical issues and problems.
The Team / The Business
The local government team has a strong collegial environment and friendly atmosphere; as a new analyst, you would be regularly assigned to work with senior analysts to improve your knowledge and understanding, and we would expect you to frequently ask questions of senior analysts, who are happy to oblige. A lot of the work is completed independently, but every rating involves a team of analysts, so teamwork is very important. The pace is fairly rapid, so if the thought of working on one report by yourself for months sounds boring to you, you’d like this environment.
Qualifications
The candidate should possess critical thinking skills, along with proficiency with major off-the-shelf software. The candidate should have the aptitude to be a team player, but also be able to work independently. A bachelor’s and advanced degree is required, plus 7-10 years in financial services. Candidates should have experience in pension related municipal fields; plan administration and/or actuarial experience would be a plus. In addition, the candidate must have: excellent time management and the ability to stay organized, meet deadlines, and multitask; strong verbal communication and writing skills; analytical and problem-solving skills; the ability to think independently and critically; and the ability to mentor others.
About Standard & Poor's Ratings Services and McGraw Hill Financial
Standard & Poor’s Ratings Services is a leading provider of global credit benchmarks and research that investors, businesses, and markets use to foster economic development and growth around the world. S&P Ratings has revenues of $1.7 billion and employed more than 1,300 analysts in 23 offices around the world.
Learn more at http://www.mhfi.com/careers/our-brands/sp-ratings
McGraw Hill Financial includes Standard & Poor’s Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, J.D. Power, Platts, and McGraw Hill Construction. Together, we’re the foremost providers of essential intelligence for the capital and commodities markets.
McGraw Hill Financial is an equal opportunity employer: Minority/Female/Disability/Veteran. 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 individual.