CREDit Ratings Analyst Intern - Structured Finance

About the Role:

Grade Level (for internal use):

05

About the Role: CREDit Ratings Analyst Intern - Structured Finance

About the Role:

Join us at S&P Global Ratings, the world’s leading provider of credit ratings. The opportunity provides the chance to embark on a dynamic 10-week summer training and development journey that begins in June 2026. Our program offers unparalleled opportunities for growth, learning, and collaboration.

The Practice:

S&P’s Structured Finance (SF) division analyzes credit risk of debt instruments backed by an isolated pool of assets. The division is split into four main sectors, based off of the type of assets which back their respective debt-issuances: Asset-Backed Securities, Residential Mortgage Backed Securities, Commercial Mortgage Backed Securities, and Collateralized Loan Obligations. SF credit analysis is unique in that it is not focused upon the credit risk of a company with ongoing operations; instead, SF analysts generally rate to the cash flow and credit risk characteristics of the asset pool backing a set of securities, as well as the legal/structural risks relating to the structures which companies use to isolate these assets.

Responsibilities and Impact:

• Learn and understand ratings criteria and methodology
• Assist with preparing required documents for rating committee and issuer management meetings
• Work with assigned summer intern project teams to successfully complete and present during mock ratings committee
• Provide timely and accurate quarterly financial statistics and data analysis
• Assist in reporting, research, presentations and modelling
• Support the team on improvement in execution and ad-hoc writing projects.

Compensation/Benefits Information: (This section is only applicable to US candidates)

S&P Global states that the anticipated base salary range for this position is $25 to $35. Final base salary for this role will be based on the individual’s geographic location, as well as experience level, skill set, training, licenses and certifications.

This role is not eligible for additional compensation such as an annual incentive bonus or sales commission plan.

What We’re Looking For:

Basic Required Qualifications:

• Fully matriculated students with anticipated undergraduate graduation date in Fall 2026 or Spring 2027
• All majors welcome; Accounting, Business Administration, Economics, Engineering, Finance, Financial Engineering, Math, Public Policy, Quantitative Analysis, Data and Statistics majors preferred
• Adept with Excel and other Microsoft Office products (Word, Outlook, PowerPoint).
• Ability to conduct independent analysis and research, showing initiative and resourcefulness.
• Strong relationship-building skills, emphasizing collaboration and effective communication with team members.
• Strong storytelling skills, able to take complex data insights and turn them into engaging narratives that resonate with and inform our stakeholders
• Demonstrated problem-solving, time-management, attention to detail, and organizational abilities.
• A proactive mindset and adaptability, essential for thriving in a dynamic environment influenced by advancements in artificial intelligence and technology.
• Utilize AI technologies to analyze large datasets and derive actionable insights, integrating them into existing analytical frameworks.

Additional Preferred Qualifications:

• Background in engineering or related technical fields
• Experience with programming languages such as Python, C++, R, VBA, and/or MATLAB, showcasing technical proficiency.
• Familiarity with AI technologies or tools, including Machine Learning Algorithms, Natural Language Processing Tools, and/or Robotic Process Automation, reflecting a forward-thinking approach.

Right to Work Requirements:

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

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

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.

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