Rating Analyst – Corporate Ratings, São Paulo, Brazil

About the Role:

Grade Level (for internal use):

09 About the Role

The Corporates team in São Paulo delivers independent credit opinions on issuers across the region, combining rigorous financial analysis with market-relevant insights that investors and issuers rely on. The team values analytical excellence, continuous improvement, and the responsible integration of technology into the ratings process. As an Analyst, you will build your credit expertise and contribute to the team's analytical work under the guidance of senior colleagues, in one of the world's leading credit rating organizations.

What You'll Do

Impact

In this role, you will support the analytical foundation of S&P Global Ratings' credit opinions for assigned issuers — contributing to macroeconomic research, financial analysis, data quality, and rating committee preparation across one of the most dynamic markets in Latin America - Project Finance, Non-financial corporates national ratings.

Responsibilities

Team Contribution & Capability Building

Build credit judgment through coaching and established analytical methodologies; share reusable tools, templates, and prompts that support team productivity and reduce rework; support junior colleague development through guidance on analytical routines and quality standards

Core Analytical & Delivery

Conduct macroeconomic, sector, and company-specific research; prepare first analyses of quarterly results and financial statements; input issuer forecasts into projection models under the direction of senior analysts

Perform fundamental credit analysis, financial forecasting, and industry analysis at the direction of senior analysts; collect, validate, and reconcile data with strong documentation discipline and early identification of anomalies

Stakeholder & Market Engagement

Act as primary analyst for a portfolio of credits responsible for rating committee materials, research, and commentaries; translate data and analysis into clear, decision-ready narratives for internal and external audiences; attend rating committee and management meetings

Risk Management and Operating

Apply governance, confidentiality, and documentation standards consistently; use approved generative AI and large language model (LLM) tools responsibly; support the testing of automation and agentic AI initiatives identified through process improvement efforts

What We're Looking For

Required Skills and Experience

An S&P Global employee at this level would typically have 2–3 years of relevant experience in credit analysis, financial research, or a related analytical field.

Strong research and data analysis skills, including financial statement proficiency and a foundational understanding of credit and risk concepts

Practical experience using generative AI or LLM tools to support analysis, research, or drafting, with disciplined and responsible use practices

Proficiency in spreadsheet tools for financial analysis, with willingness to develop skills in data and automation platforms to supervise and validate outputs

Effective written and verbal communication skills, with the ability to present analysis clearly in a structured format that supports informed decision-making

Preferred or Helpful Experience

Experience supporting financial modeling or quantitative analysis under senior guidance

A learning agility mindset with comfort adopting new tools while maintaining quality and accountability

Education: 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.

Additional Information

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