Rating Analyst, Rating Analyst, Americas Public Finance - Local Governments Central

Rating Analyst, Local Governments Central Region

S&P Global Ratings is one of the world's leading providers of independent credit risk research and benchmarks. Within S&P Global Ratings, Americas Public Finance is an important sector of the capital markets as our credit analysis supports key funding initiatives and serves as a growth driver for many areas of the economy. If you are interested in helping to facilitate this growth while challenging yourself in a fast-paced environment, this is the right position for you. You will join a professional team of analysts that maintains a strong culture of analytical excellence and customer service in a supportive, diverse, and collegial environment.

This position is key to maintaining our market relevance and meeting our transaction requirements. As a Rating Analyst on the Local Governments Central Region team, you will primarily be responsible for leading credit analysis for local government issuers – cities, counties, school districts, special districts, and related entities. You will provide independent, committee-ready credit opinions that inform investor decisions. As part of your role, you will meet with issuers, assess historical and projected data, and compile this information into a thorough committee presentation and effective written analysis. You will conduct in-depth research and financial statement analysis to support rating recommendations. You may also participate in moderately complex analytical and deal-specific situations, assist in resolving client needs, participate in investor calls with more senior analysts, and contribute to research for publications or special projects.

High-impact exposure to local government issuers across the Central region

Career development with clear pathways for advancement through demonstrated analytic performance and leadership

Visibility and thought leadership opportunities, including contributing to research, presenting at conferences, and supporting media or opinion pieces

Hands-on technical growth using internal models, data analytics, and automation tools to improve efficiency and insight

This position is a junior position but with high expectations for upward mobility

Serve as the primary analyst on credit transactions and prepare well-supported rating recommendations for rating committees, with clear rating reports supporting our credit opinion

Conduct comprehensive credit analysis and in-depth research to evaluate creditworthiness of local government issuers

Perform detailed financial statement analysis to assess fiscal health and credit risk factors

Serve as an active, vocal voting member of the rating committee, which deliberates rating outcomes and reviews materials prior to publication

Publish timely and insightful credit reports as well as contribute to relevant research pieces

Demonstrate strong knowledge of ratings criteria and financial statement analysis, while staying informed on relevant news and issues affecting credit quality in the municipal bond market

Contribute to team initiatives to improve relative business area processes and efficiency

Provide guidance and clarification to support the team in delivering quality work

Resolve issues that are often varied and non-routine using previous experience and analytical skills

All employees are required to work from the office a minimum of 2 days per week

Bachelor's degree required, Master's in business, public policy, public administration, or related field preferred

An S&P Global employee at this level would typically have 2+ years of experience in Public Finance experience; Local Government sector experience preferred

Strong credit analysis and financial statement analysis capabilities

Strong analytical and problem-solving abilities with capacity to work under general guidance while exercising decision-making authority

Excellent verbal and written communication skills with ability to synthesize complex information for diverse audiences

Demonstrated ability to work effectively in multicultural teams and independently when required

Strong time management and organizational skills with consistent delivery of high-quality work and adherence to deadlines

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

Experience advising on complex local government finance issues and providing analytical perspectives to senior staff

Proven ability to conduct in-depth research and comprehensive financial analysis

Proven ability to build relationships across teams and functions

Initiative in identifying problems and suggesting process improvements

Change-ready mindset and willingness to adopt evolving analytical workflows, including AI-human collaborative processes

The anticipated base salary range for this position is 63,000 USD to 90,000 USD depending on location, experience, and skills. This role is eligible for an annual incentive plan and additional S&P Global benefits. For more information on the benefits we provide to our employees, please visit S&P Global Benefits.

This role is limited to persons with an indefinite right to work in the United States.

Advancing Essential Intelligence.

We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all. From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We're committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. Join us and help create the critical insights that truly make a difference.

Integrity, Discovery, Partnership

Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.

Health & Wellness: Health care coverage designed for the mind and body.

Flexible Downtime: Generous time off helps keep you energized for your time on.

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, a continuing education program with a company-matched student loan contribution, and financial wellness programs.

Family Friendly Perks: It's not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.

Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.

At S&P Global, we are committed to fostering a connected and engaged workplace where all individuals have access to opportunities based on their skills, experience, and contributions. Our hiring practices emphasize fairness, transparency, and merit, ensuring that we attract and retain top talent. By valuing different perspectives and promoting a culture of respect and collaboration, we drive innovation and power global markets.

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.

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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.

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