Senior Analyst – Americas Public Finance (Utilities and Local Governments), San Francisco

Grade Level (for internal use): 11

About the Team

The West Region Utilities and Local Governments team at S&P Global Ratings covers credit analysis for water and wastewater utilities in California, Oregon, and Washington, with a secondary focus on counties, municipalities, and school districts across the western United States. The team values analytical precision, a strong client service orientation, and a collaborative approach to delivering credit opinions that support funding decisions for essential public services and infrastructure.

Responsibilities

• Team Contribution & Capability Building: Mentor and provide analytical support to junior colleagues, contributing to team capability and analytical consistency.
• Core Analytical & Delivery:
  • Serve as the primary analyst on credit transactions, preparing well-supported rating recommendations for credit committees with clear, evidence-based credit reports.
  • Serve as an active voting member of rating committees, contributing to deliberations on rating outcomes and reviewing materials before publication.
  • Meet with issuers, assess historical and projected data, and compile findings into thorough committee presentations and written analysis.
• Stakeholder & Market Engagement:
  • Engage with issuers, investors, and clients on moderately complex analytical and deal-specific matters, assisting in resolving client needs and participating in investor calls.
  • Publish timely and insightful credit reports and contribute to relevant research publications.

Requirements

• 3+ years of relevant experience in credit analysis or municipal markets.
• Demonstrated ability to analyze financial statements and apply rating criteria to generate well-supported analytical insights and conclusions.
• Demonstrated written and verbal communication skills, with experience presenting complex analytical information clearly to internal committees and external stakeholders.
• Demonstrated proficiency in quantitative financial analysis.
• Proficiency in Microsoft Office, including Excel, Word, and PowerPoint.

Qualifications

• 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.
• Preferred experience:
  • Municipal bond analysis or public sector financial evaluation.
  • Applying government accounting principles and financial reporting standards.
  • Using programming languages, data analytics tools, or AI and automation tools in an analytical context.
  • Applying credit rating methodologies and analytical frameworks.

Benefits

S&P Global offers a comprehensive benefits package, including:

• Health & Wellness: Health care coverage designed for the mind and body.
• Flexible Downtime: Generous time off to help keep you energized.
• Continuous Learning: Access to resources to grow your career, including a continuing education program with a company-matched student loan contribution.
• Invest in Your Future: Competitive pay, retirement planning, and financial wellness programs.
• Family Friendly Perks: Best-in-class benefits for families, including partners and dependents.
• Beyond the Basics: Retail discounts, referral incentive awards, and other small perks.

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

Pay

The anticipated base salary range for this position is USD $100,000 to $122,000. Final base salary will be based on geographic location, experience level, skill set, training, licenses, and certifications. This role is also eligible for an annual incentive plan.

Schedule

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

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

Candidates who reach the final stage of the interview process will be required to attend at least one in-person interview at the nearest S&P Global Ratings office before an offer can be extended.