Posted:
10/8/2024, 1:38:42 AM
Location(s):
Lombardy, Italy ⋅ Milan, Lombardy, Italy
Experience Level(s):
Internship
Field(s):
Business & Strategy ⋅ Finance & Banking
Grade Level (for internal use):
05
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 2025. Our program offers unparalleled opportunities for growth, learning, and collaboration.
The Team/The Business:
When you join S&P Global Ratings, you join one of the world's leading providers of independent credit risk research and benchmarks. You will be 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, Public Finance, Financial Institutions, Structured Finance, Sovereign and International Public Finance, and Infrastructure.
The Impact:
You will be responsible for conducting credit and recovery analysis related to a range of services provided to corporate, institutional and/or governmental clients.
You will also support teams that evaluate collateral pools, credit risk, structural considerations, legal considerations, and the ability of secularisation issuers to meet their obligations to pay timely interest and repay principal for a wide variety of structured finance asset types.
You will be part of a team that evaluates the overall credit worthiness of organisations and their ability to meet their financial obligations for traditional credit-based products as well as a variety of structured banking transactions.
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.
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.
What you stand to gain:
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.
At the end of our internship program feedback is provided, which could lead to an offer of a place on our 2025 CREDit graduate program. To get a sense of what our graduate program entails, please see a video here providing an overview of one of our current CREDit graduate’s experience. Laura made this video in conjunction with her university; IE University.
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 improvement in execution and ad-hoc writing projects.
What we’re looking for:
Postgraduate & Undergraduate students in their penultimate year of study only. All majors welcome.
You must reside in the location of the internship throughout its entire duration.
You must have the right to work in the country of proposed employment.
Adept with Excel and other Microsoft Office products (Word, Outlook, PowerPoint). Programming languages such as Python, C++, R, and VBA are recommended, but not required.
Able to learn quickly, multi-task and work in a fast-paced environment.
Problem-solving, time-management, attention to detail and organisational abilities.
The ability and the desire to learn to conduct your own analysis and research.
Fluent command of English Language is essential, as is being fluent in the primary language of the country of application.
Strong verbal & written communication skil
What’s In It For You?
Our Purpose:
Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology–the right combination can unlock possibility and change the world.
Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence®, pinpointing risks and opening possibilities. We Accelerate Progress.
Our People:
We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.
From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We’re committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. We’re constantly seeking new solutions that have progress in mind. Join us and help create the critical insights that truly make a difference.
Our Values:
Integrity, Discovery, Partnership
At S&P Global, we focus on Powering Global Markets. Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.
Benefits:
We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.
Our benefits include:
Health & Wellness: Health care coverage designed for the mind and body.
Flexible Downtime: Generous time off helps keep you energized for your time on.
Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.
Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.
For more information on benefits by country visit: https://spgbenefits.com/benefit-summaries
Diversity, Equity, and Inclusion at S&P Global:
At S&P Global, we believe diversity fuels creative insights, equity unlocks opportunity, and inclusion drives growth and innovation – Powering Global Markets. Our commitment centers on our global workforce, ensuring that our people are empowered to bring their whole selves to work. It doesn’t stop there, we strive to better reflect and serve the communities in which we live and work, and advocate for greater opportunity for all.
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Equal Opportunity Employer
S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.
If you need an accommodation during the application process due to a disability, please send an email to: [email protected] and your request will be forwarded to the appropriate person.
US Candidates Only: The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law.
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Website: https://spglobal.com/
Headquarter Location: New York, New York, United States
Employee Count: 10001+
Year Founded: 1860
IPO Status: Public
Last Funding Type: Post-IPO Debt
Industries: Analytics ⋅ Business Intelligence ⋅ Credit ⋅ Enterprise Software ⋅ Finance ⋅ Financial Services ⋅ Information Services ⋅ Market Research