The Team/Business: When you join S&P Global Ratings, you join one of the world's leading providers of independent credit risk research and benchmarks. You are part of a team that produces high quality fundamental research based on established criteria, you have the opportunity to ask probing questions to senior corporate executives and interact with the global investor community.
With offices in 26 countries, rating $47.5 trillion in debt, and with nearly 1,400 credit analysts, S&P Global Ratings is an important 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.
The Practice Groups include: Corporates, Public Finance, Financial Institutions, Structured Finance, Sovereign and International Public Finance, and Infrastructure.
The Role: As an Associate, you will conduct credit analysis and evaluate the credit quality of governmental entities – specifically cities, counties and school districts- as it relates to their ability to repay debt obligations. You will be responsible for aggregating data and information to present to rating committees. You will interact with clients, make presentations, and prepare reports for internal and external distribution. Specifically, in this role, the analyst will:
Analyze financial and operating statements, economic data, and strategic plans for U.S. Public Finance credits
Review the structure of legal documents to determine the security of the transactions being rated in accordance with the Standard & Poor's ratings criteria
Prepare presentations on these credits to a rating committee and communicating the results of these deliberations to clients, their representatives, financial intermediaries, investors, and the media including preparing details ratings analysis for publication.
Handle new issue transactions as well as maintain timely surveillance of local government ratings consistent with existing S&P Global Ratings criteria.
Write or contribute to criteria pieces and publish commentary articles.
Minimum 10-15% domestic travel requirement
Develop critical presentation and public speaking skills
The Career Opportunity: As an Associate, your role is extremely important to the company’s future and success as the industry leader. You will be responsible for delivering S&P’s views and opinions on important issues affecting credit quality in the municipal bond market. The job is challenging and will require you to bring your best every day to ensure analytical excellence and rating accuracy. Our career path allows you to choose two tracks for moving up within the organization, analytical or managerial. We strongly believe that each analyst should be utilized at his or her highest and best use, which means that regardless of which path you decide take, your room to grow is only limited by your own ability.
Advanced degree (MPA, MPP, MBA) and/or CFA preferred
3+ years of relevant work experience (5+ years without advanced degree)
Must have the ability to think independently and critically
Analytical curiosity and strong research skills are a must
Must have strong understanding of financial reporting and analysis
Must have strong analytical and problem-solving skills
Excellent time management and ability to plan, prioritize and meet deadlines
Good communication skills, including presentation and writing skills
Strong interpersonal skills
Strong understanding of financial markets and business environment including implications for S&P’s analytical products and services.
A can-do attitude with excellent problem-solving, time management, and organizational skills.
Ability to think independently and critically, and the ability to mentor others.
Modelling and R or Python programming language
About Company Statement S&P Global Ratings
S&P Global Ratings is the world’s leading provider of independent credit ratings. Our ratings are essential to driving growth, providing transparency, and helping educate market participants so they can make decisions with confidence. We have more than 1 million credit ratings outstanding on government, corporate, financial sector and structured finance entities and securities. We offer an independent view of the market built on a unique combination of broad perspective and local insight. We provide our opinions and research about relative credit risk; market participants gain independent information to help support the growth of transparent, liquid debt markets worldwide.
S&P Global Ratings is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/ratings
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.
Compensation/Benefits Information (US Applicants Only):
S&P Global states that the anticipated base salary range for this position is $95,000 to $150,000. Base salary ranges may vary by geographic location.
In addition to base compensation, this role is eligible for an annual incentive plan. This role is not eligible for additional compensation such as an annual incentive bonus or sales commission plan.