Rating Analyst - Corporate Ratings

About the Role:

Grade Level (for internal use):

09

About the Role 

The Corporates team in São Paulo delivers independent credit opinions on issuers across the region, combining rigorous financial analysis with market-relevant insights that investors and issuers rely on. The team values analytical excellence, continuous improvement, and the responsible integration of technology into the ratings process. As an Analyst, you will build your credit expertise and contribute to the team's analytical work under the guidance of senior colleagues, in one of the world's leading credit rating organizations.

What You'll Do

Impact

In this role, you will support the analytical foundation of S&P Global Ratings' credit opinions for assigned issuers — contributing to macroeconomic research, financial analysis, data quality, and rating committee preparation across one of the most dynamic markets in Latin America - Project Finance, Non-financial corporates national ratings. 

Responsibilities

Team Contribution & Capability Building

• Build credit judgment through coaching and established analytical methodologies; share reusable tools, templates, and prompts that support team productivity and reduce rework; support junior colleague development through guidance on analytical routines and quality standards

Core Analytical & Delivery

• Conduct macroeconomic, sector, and company-specific research; prepare first analyses of quarterly results and financial statements; input issuer forecasts into projection models under the direction of senior analysts

• Perform fundamental credit analysis, financial forecasting, and industry analysis at the direction of senior analysts; collect, validate, and reconcile data with strong documentation discipline and early identification of anomalies

Stakeholder & Market Engagement

• Act as primary analyst for a portfolio of credits responsible for rating committee materials, research, and commentaries; translate data and analysis into clear, decision-ready narratives for internal and external audiences; attend rating committee and management meetings 

Risk Management and Operating

• Apply governance, confidentiality, and documentation standards consistently; use approved generative AI and large language model (LLM) tools responsibly; support the testing of automation and agentic AI initiatives identified through process improvement efforts

What We're Looking For

Required Skills and Experience

• An S&P Global employee at this level would typically have 2–3 years of relevant experience in credit analysis, financial research, or a related analytical field.

• Strong research and data analysis skills, including financial statement proficiency and a foundational understanding of credit and risk concepts

• Practical experience using generative AI or LLM tools to support analysis, research, or drafting, with disciplined and responsible use practices

• Proficiency in spreadsheet tools for financial analysis, with willingness to develop skills in data and automation platforms to supervise and validate outputs

• Effective written and verbal communication skills, with the ability to present analysis clearly in a structured format that supports informed decision-making

Preferred or Helpful Experience

• Experience supporting financial modeling or quantitative analysis under senior guidance

• A learning agility mindset with comfort adopting new tools while maintaining quality and accountability

• Education: Bachelor's degree or equivalent required. A master's degree or professional certification (such as CFA) is highly valued. We welcome candidates from traditional finance disciplines as well as diverse academic backgrounds that support innovative and critical thinking.

Additional Information

• 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.

• Employees are required to work from the office a minimum of two days per week.

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[email protected]. 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 activityhere.

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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: [email protected] and your request will be forwarded to the appropriate person.  
 
US Candidates Only: Know Your Rights: Workplace discrimination is illegal

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20 - Professional (EEO-2 Job Categories-United States of America), RATNGS202.1 - Middle Professional Tier I (EEO Job Group)