2020 S&P Global Ratings CREDit Summer Internship Program

  • S&P Global Ratings
  • New York, USA
  • Apr 16, 2019
Internship Aerospace engineering Astronomy Biology Computer Science Chemical engineering Engineering Health Science Life Science Mathematics Medical Sciences Chemistry Civil engineering Physics Psychology Social Science Teaching/Academics Technology Veterinary medicine

Description

The Team:

When you join S&P Global Ratings, you join one of the world's leading providers of independent credit risk research and benchmarks. You are part of a team that produces high quality fundamental research based on established criteria, you have the opportunity to ask probing questions to senior corporate executives, and interact with the global investor community.

With offices in 26 countries, rating $47.5 trillion in debt, and with nearly 1,400 credit analysts, S&P Global Ratings is an important part of the world’s financial infrastructure and has played a leading role for more than 150 years in providing investors and financers the information they need to more easily, quickly and efficiently provide capital to businesses and governments.

The Business Practice Groups include: Corporates, Infrastructure, Public Finance, Financial Institutions, Structured Finance, Sovereign and International Public Finance. 

The Impact:

Join a team that evaluates the overall credit worthiness of organizations and their ability to meet their financial obligations for traditional credit-based products as well as a variety of structured banking transactions. You will also support teams that evaluate collateral pools, credit risk, structural considerations, legal considerations, and the ability of securitization issuers to meet their obligations to pay timely interest and repay principal for a wide variety of structured finance asset types.

  • At S&P Global Ratings, your analytical opinion truly matters and each person who works here has an essential role in S&P Global Ratings reputation of integrity, transparency, and ratings excellence.
  • S&P Global Ratings plays a vital role in bringing transparency and comparability to the financial markets and helps investors and others measure and manage credit risk.
  • By supporting capital markets, S&P Global Ratings helps people to start and grow businesses, cities and states to build highways and hospitals, and manufacturers to build factories and create jobs. 

What’s in it for you:

You will be offered the opportunity to assist S&P Global in achieving its mission of being one of the leading providers of the highest quality risk evaluations and analytical information to the world’s financial markets.

Summer interns will work with junior and senior analysts within S&P Global and senior management of issuing entities through the ratings process (including ratings committees and management meetings).

You will also complete a group mock ratings committee project for the duration of the summer program. Interns will be provided with an unrated company or entity and will be responsible for all due diligence and research, in order to develop a suggested credit rating for the assigned entity. Interns will present their final recommendation at the end of the internship to a Ratings Committee, comprised of senior business leaders. 

Responsibilities:

  • 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 execution improvement and ad-hoc writing projects 

What We’re Looking For:

  • This program is limited to persons with indefinite right to work in the United States
  • Fully matriculated students with anticipated graduation date in Fall 2020 or Spring 2021
  • All majors welcome; Accounting, Business Administration, Economics, Finance, Financial Engineering, Math, Public Policy, Quantitative Analysis and Statistics majors preferred
  • Intellectually curious; the ability to learn quickly
  • Strong written and verbal communication (good verbal skills, listening techniques, and a clear, concise writing)
  • Problem-solving, time-management, attention to detail and organizational abilities
  • The ability and the desire to learn to conduct your own analysis and research
  • Understand importance of building strong relationships and partnering with team members
  • Significant comfort level with Excel and other Microsoft Office products (Word, Outlook, PowerPoint)

Experience level of the applicant we want

College / Sixth form