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

About the role

Grade Level (for internal use): 09 The Team: 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. The Impact: 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.

Responsibilities

• 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

Requirements

• Basic Required Qualifications:
• 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
• Additional Preferred Qualifications:
• 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 evol

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