Research Assistant, Leveraged Finance - Credit Estimates; French, Spanish or Dutch speaking

About the Role

Grade Level (for internal use): 08

The EMEA Leveraged Finance team are experts with respect to the leveraged loan and high yield bond markets. Within Leveraged Finance, the credit estimate function produces an abbreviated credit analysis (such as Credit Estimates, Private Credit Analysis and Mid-Market Evaluations) as an input to support the analysis of Structured Credit (CLOs), project finance or as stand‑alone credit ratings work. Our team values collaboration, analytical excellence, and the development of emerging talent in credit analysis.

The team also undertakes data analysis in support of analytical publishing and supports the sector teams in recovery analysis.

As a Credit Estimate Research Assistant, you will play a crucial role in evaluating middle market companies that directly impact CLO credit quality and small business financing access. The analyses you produce will be used by other S&P teams to rate Collateralized Loan Obligations, and by our clients to evaluate the credit quality of their overall loan portfolios. CLO Investors and Managers rely on our evaluation of middle market companies.

Although our credit opinions are not publicly disclosed, they have a tremendous impact not only on the credit quality of the CLOs we rate but also on the ability of small businesses to borrow from an important segment of the financial markets.

• Opportunities to work with a global team and hands on high impact credit experience
• Exposure to diverse industry sectors and credit analysis methodologies
• Direct mentorship from senior analysts and credit professionals
• Potential progression to investor-facing roles and research projects

• Analyse company financials and prepare daily company evaluations for review by senior analysts
• Assist with detailed financial analysis for use in reports and related materials for S&P Global Ratings publications
• Work within a global team of analysts to analyze pertinent financial, operational and industry data to determine Credit Estimates
• Demonstrate attention to detail and quality focus while meeting specific timelines and deliverables
• As a Credit Estimates Research Assistant, you will initially spend most of your time learning the methodology by which S&P performs credit analysis and getting familiar with our analytical tools and processes. You will focus on analysing a number of diverse companies and learn how to evaluate credit quality as efficiently as possible
• Actively seek guidance and feedback to continuously improve analytical skills and credit assessment capabilities
• As you gain experience, you may deal with investors directly and work on research projects
• Collaborate effectively with team members to achieve common analytical goals and support broader team objectives
• 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, ordinarily at your nearest S&P Global Ratings office. This must be completed before we can proceed to an offer

• Analytical skills, especially financial statement and quantitative analysis
• Some commercial credit or financial and credit analytical experience. An S&P Global employee at this level would typically have 1+ years of experience
• A Bachelor's degree in Finance, Accounting, Economics, Commerce, Business or Mathematics
• Fluency in English (written and verbal) along with fluent (written and verbal) French and/or Dutch language skills
• Strong Excel skills
• Strong attention to detail
• Excellent verbal and written communication skills
• Ability to produce high-quality analytical output within defined parameters and timelines

• Progress towards CFA/MBA would be desirable
• Demonstrated curiosity and eagerness to learn credit analysis methodologies
• Experience working collaboratively in team environments
• Strong problem-solving abilities and resourceful approach to analytical challenges

At S&P Global Ratings, our analyst-driven credit ratings, research, and sustainable finance…