Job Description

About the Role:

Grade Level (for internal use):

11

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 – Utilities is a critical sector of the capital markets, as our credit analysis supports key funding initiatives and underpins essential infrastructure across the country. 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:

As a Senior Analyst on the Utilities Team, you will play a central role in producing high‑quality, decision‑useful credit analysis for water, wastewater, solid waste, and public power and cooperative electric utilities nationwide. Your work directly influences market transparency, investor confidence, and access to capital for essential public infrastructure. This role requires strong quantitative and qualitative analytical capabilities, particularly in evaluating water and sewer utilities, and the ability to form clear, well‑supported credit opinions.

What’s in it for you:

This is a mid‑level analytical role with meaningful opportunities for growth. Advancement is achievable for individuals who demonstrate strong aptitude, sound judgment, and a deepening understanding of the utilities sector. Candidates with a master’s degree may qualify with fewer years of experience. As your career progresses, you may have opportunities to present at conferences, contribute to research, support thought leadership, and represent S&P Global Ratings in external forums. You will be part of a talent‑development culture that values integrated analysis, service excellence, diversity, and empowerment.

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.

• 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 and 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 utilities space and municipal bond market.

• Apply strong detail orientation, critical thinking, and analytical discipline to evaluate both quantitative and qualitative credit factors.

• Leverage data tools, programming languages, or automation/AI‑enabled workflows where appropriate to enhance analytical efficiency (experience with AI or automation is a plus).

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

What We’re Looking For:

Basic Required Qualifications:

• A bachelor’s degree is required; a master’s degree is acceptable with fewer years of experience.

• An S&P Global employee at this level would typically have 2–5+ years of relevant work experience, with experience in the municipal markets or utilities sector a plus;

• Ability to think independently and critically with strong integrity, analytical curiosity, problem‑solving, and research skills.

• Strong interpersonal and verbal and written communication skills in front of internal and external audiences.

• Strong attention to detail and demonstrated skills in quantitative analysis.

• Ability to accurately interpret data and appropriately apply criteria to generate key analytical insights and conclusions.

• Ability to work in a team environment, as well as independently, with a willingness to expand, learn, and support team initiatives.

• Proactive and organized with excellent time management skills and ability to plan, prioritize, and meet multiple deadlines.

• Strong understanding of financial reporting and markets, with knowledge of S&P’s analytical products and services a plus.

• Proficient in Microsoft Office and aptitude for learning new applications/proprietary software.

• Experience with programming languages and data analytics, as well as AI and automation tools that enhance efficiency, is preferred.

• 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 combining quantitative and qualitative analysis in the evaluation of water and sewer utilities.

• Demonstrated ability to synthesize complex information into clear, actionable credit insights.

• Familiarity with public finance, municipal markets, or utility sector operations.

Compensation/Benefits Information:

The anticipated base salary range for this position is USD $91,000 – $115,000, 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.

Right to Work Requirements:

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

About S&P Global Ratings
At S&P Global Ratings, our analyst-driven credit ratings, research, and sustainable finance opinions provide critical insights that are essential to translating complexity into clarity so market participants can uncover opportunities and make decisions with conviction. By bringing transparency to the market through high-quality independent opinions on creditworthiness, we enable growth across a wide variety of organizations, including businesses, governments, and institutions.

S&P Global Ratings is a division of S&P Global (NYSE: SPGI). S&P Global is the world’s foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world’s leading organizations navigate the economic landscape so they can plan for tomorrow, today.

For more information, visit www.spglobal.com/ratings

What’s In It For You?

Our Mission:

Advancing Essential Intelligence.

Our People:

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.

Our Values:

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.

Benefits:

We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.

Our benefits include:

• 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.

For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries

Global Hiring and Opportunity at S&P Global:

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.

Recruitment Fraud Alert:

If you receive an email from a spglobalind.com domain or any other regionally based domains, it is a scam and should be reported to reportfraud@spglobal.com S&P Global never requires any candidate to pay money for job applications, interviews, offer letters, “pre-employment training” or for equipment/delivery of equipment. Stay informed and protect yourself from recruitment fraud by reviewing our guidelines, fraudulent domains, and how to report suspicious activity here

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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.

If you need an accommodation during the application process due to a disability, please send an email to:  EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person. 

US Candidates Only: Know Your Rights: Workplace discrimination is illegal

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202 - Middle Professional (EEO Job Group) (inactive), 20 - Professional (EEO-2 Job Categories-United States of America), RATNGS202.2 - Middle Professional Tier II (EEO Job Group)