Director, North America Infrastructure Ratings at S&P Global

S&P Global Ratings Seeks Director to Lead North American Infrastructure Finance

S&P Global Ratings is actively recruiting for a Director of Infrastructure and Project Finance based in New York. The role, categorized internally at Grade Level 13, places the successful candidate at the helm of a team responsible for credit analysis across a portfolio of essential, long-lived assets throughout the United States and Canada. This search comes as the firm looks to bolster its oversight of sectors ranging from digital infrastructure, such as data centers, to traditional regulated utilities, midstream operators, and liquefied natural gas (LNG) developers.

Defining the Scope of the Director Role

The Director position is not merely an analytical role but a leadership appointment tasked with managing a diverse portfolio of North American infrastructure credits. According to the internal job profile, the primary mandate involves delivering forward-looking rating opinions that support capital formation and market understanding.

The responsibilities for the role are multifaceted:

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Leading and coaching a team of analysts to build credit expertise.
Driving the adoption of modern analytical practices, including the integration of generative AI and automation into research and workflow execution.
Engaging directly with issuers, investors, and market participants as a credible voice on infrastructure credit.
Ensuring analytical quality and consistency while maintaining independent judgment.

S&P Global Ratings emphasizes that while technology is a priority, the human element remains paramount. The firm expects the incoming Director to maintain strong oversight of portfolio risk and ensure that any AI-driven outputs are transparent, explainable, and subject to appropriate governance.

Experience Requirements and Compensation

The firm is targeting candidates with a robust background in the financial sector. The typical S&P Global employee at this level possesses more than 10 years of relevant experience in project or infrastructure finance. This includes backgrounds in ratings, banking, advisory, or direct investing.

Candidates are expected to demonstrate a sophisticated understanding of infrastructure project structures, including public-private partnership (PPP) agreements, engineering, procurement, and construction (EPC) contracts, and complex cash flow modeling. While a bachelor’s degree is the minimum requirement, the firm notes that a master’s degree or professional certification, such as a CFA, is highly valued.

Regarding compensation, S&P Global has disclosed an anticipated base salary range of $180,000 to $240,000 USD. The final figure is determined by an individual’s geographic location, specific skill set, and experience level. Beyond the base salary, the role is eligible for an annual incentive plan and the company’s standard benefits package.

Market Engagement and Institutional Governance

The infrastructure landscape has become increasingly complex, with the integration of digital infrastructure and energy transition projects complicating traditional credit analysis. S&P Global Ratings, a division of S&P Global (NYSE: SPGI), manages these risks through a rigorous committee process. The incoming Director will be expected to translate issuer and sector developments into decision-ready perspectives, often involving scenario analysis to test financial resilience under stress.

The firm maintains strict operational controls to mitigate potential conflicts of interest. Employees are subject to a Securities Disclosure and Trading Policy, which may include restrictions on personal securities holdings or trading activities. Furthermore, the role requires an indefinite right to work in the United States and mandates that employees work from the office at least two days per week.

As part of the final recruitment phase, S&P Global requires candidates to attend at least one in-person interview at their nearest ratings office. This requirement underscores the firm’s emphasis on maintaining a collaborative, analyst-driven culture as it expands its footprint in the North American infrastructure market.