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Associate - US Public Finance, Local Government Ratings

Employer
S&P Global
Location
New York, USA
Salary
Competitive
Closing date
Oct 8, 2022

View more

Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Associate - US Public Finance, Local Government Ratings
Location(s): Chicago, IL | New York, NY | Centennial, CO

Grade Level: 11 (for internal purposes only)

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:

• Review financial and operating statements, economic data, and strategic plans for cities, counties, tax assessment and other local government credits
• The individual will be involved in reviewing the structure and legal documents to determine the security of the transactions being rated in accordance with S&P Global Ratings' criteria
• Prepare presentations on these credits to a rating committee and communicate the results of these deliberations to clients, their representatives, financial intermediaries, investors, and the media including preparing detailed ratings analysis for publication
• The individual will be expected to handle new issue transactions as well as maintain timely surveillance of local government ratings consistent with existing criteria. In addition, he/she will be expected to write criteria pieces, and to publish commentary articles

The Impact:
The person in this position will have the opportunity to increase our ability to efficiently and effectively serve our clients. Your analysis and work is essential to the covering of a diverse portfolio of credits, as well as in serving as a backup to other analysts.

The Career Opportunity:
This role has significant growth opportunities. Advancement will be available to those who show a strong aptitude and embrace the municipal sector. While overall career development will depend on individual performance and company need, this is an opportunity for your skills and hard work to move you forward.

The Team / The Business:
The local government team has a strong collegial environment and friendly atmosphere; as a new analyst, you would be regularly assigned to work with senior analysts to improve your knowledge and understanding, and we would expect you to frequently ask questions of senior analysts, who are happy to oblige. A lot of the work is completed independently, but every rating involves a team of analysts, so teamwork is very important. The pace is fairly rapid, so if the thought of working on one report by yourself for months sounds boring to you, you'd like this environment.

Your Skills :
The candidate should possess critical thinking skills, along with proficiency with major off-the-shelf software. The candidate should have the aptitude to be a team player, but also be able to work independently. In addition, the candidate must have strong verbal communication and writing skills; analytical and problem-solving skills; excellent time management and ability to stay organized, meet deadlines, and multitask; the ability to think independently; and the ability to mentor others. This role will work with financial models and financial data.

Requirements:
• Master's in business, public policy or public administration, municipal experience a plus
• Minimum of 3 years of experience in government finance/financial services
• 15% domestic travel

Our Hiring Manager says:
"I'm looking for the kind of person who has analytical curiosity and loves a challenge. Working on a diverse yet complex portfolio of credits will allow you to learn new skill sets, but you must also have the ability to assimilate into a professional team environment, and make immediate, positive contributions. We are a fast-paced, high-volume business, and there is always something new happening. You'll love this job because it involves evaluating the public sector while working for a private company."

Compensation/Benefits Information (US Applicants Only):
S&P Global states that the anticipated base salary range for this position is $85,700, to $170,400. 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.

This role is eligible to receive additional S&P Global benefits. For more information on the benefits, we provide to our employees, visit https://www.spgbenefitessentials.com/newhires .

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

Return to Work
Have you taken time out for caring responsibilities and are now looking to return to work? As part of our Return-to-Work initiative (link to career site page when available), we are encouraging enthusiastic and talented returners to apply, and will actively support your return to the workplace.

About Company Statement: S&P Global delivers essential intelligence that powers decision making. We provide the world's leading organizations with the right data, connected technologies and expertise they need to move ahead. As part of our team, you'll help solve complex challenges that equip businesses, governments, and individuals with the knowledge to adapt to a changing economic landscape.

S&P Global Ratings offers critical insights for credit, risk and sustainable finance solutions that are essential to translating complexity into clarity, so market participants can uncover opportunities.

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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: The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law.

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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)

Job ID: 276989
Posted On: 2022-09-19
Location: Chicago, Illinois, United States

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