Rating Analyst - Infrastructure & Project Finance Ratings, Toronto or Mexico City

About the Role:

Grade Level (for internal use):

09

About the Role

The Corporate and Infrastructure team at S&P Global Ratings delivers independent credit opinions across infrastructure and project finance sectors, helping market participants navigate complexity with confidence. The team combines rigorous quantitative analysis with broad market insight, partnering closely with senior analytical leadership and global colleagues to advance rating quality, research, and analytical innovation. This is a high-exposure opportunity where you will build your expertise while contributing directly to the team's strategic priorities across a globally significant sector.

What You'll Do

Impact

In this role, you will play a meaningful part in advancing the analytical capabilities of the Corporate and Infrastructure team — combining credit analysis, data-driven insights, and tool development to strengthen rating quality, inform research, and support informed decision-making across the infrastructure and project finance sectors.

Responsibilities

• Partner with senior analytical leadership and global teams to advance strategic analytical priorities across the Corporate and Infrastructure practice
• Conduct portfolio, credit, and market analysis using large datasets to identify trends, risks, and insights that support rating quality, research, and decision-making
• Develop and enhance analytical tools, models, and dashboards that improve transparency, risk assessment, and efficiency for credit analysis
• Support research and criteria initiatives, including cross-practice analysis and the drafting of analytical reports and related materials
• Coordinate key Global Infrastructure analytical forums, strengthening the documentation and communication of analytical priorities across the team
• Contribute to capability-building initiatives, gaining broad exposure to senior analytical leaders and global teams across Infrastructure and Project Finance

Compensation/Benefits Information (Canadian Candidates) S&P Global states that the anticipated range of compensation for this position is CAD $64,000 to $100,567. Final compensation will be based on the individual's performance, geographic location, as well as experience level, skill set, training, licenses, and certifications. In accordance with Ontario's new regulations effective January 1, 2026, this job posting provides information on expected compensation. S&P Global will not be utilizing artificial intelligence in our hiring process. Additionally, we are committed to transparency and will inform all interviewed candidates of hiring decisions within 45 days of their interview. This posting is for an existing vacancy, and we encourage you to reach out for further information regarding our hiring practices or any questions you may have.

What We're Looking For

Required Skills and Experience

• An S&P Global employee at this level would typically have 2+ years of relevant experience in credit analysis, with experience related to project finance, infrastructure, structured finance, or comparable credit analysis.
• Strong analytical capabilities, including proficiency with Excel, financial models, and financial data, with the ability to synthesize complex information and large datasets to support credit analysis and research
• Demonstrated research and problem-solving capabilities, with the ability to analyze non-routine issues, exercise sound judgment, and translate findings into actionable insights
• Highly organized and execution-focused, with the ability to manage multiple priorities and deadlines in a dynamic environment
• English: Fluent (able to conduct meetings, collaborate effectively, and communicate clearly in writing and verbally)

Preferred or Helpful Experience

• Direct experience in project finance transactions, infrastructure sectors, structured finance methodologies, or related credit structures
• Experience developing analytical tools, applications, or dashboards designed to improve analytical efficiency and transparency
• Experience with advanced programming languages, data analytics, automation, or AI-enabled analytical tools
• Understanding of relevant industry trends and market dynamics in infrastructure and project finance
• 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&P Global Ratings office. This must be completed before we can proceed to an offer.
• Employees are required to work from the office a minimum of two days per week
• Applications should be submitted in English.

About S&P Global Ratings At S&P Global Ratings, our analyst-driven credit ratings, research, and sustainable finance opinions provide critical insights that are essential to translating complexity into clarity so market participants can uncover opportunities and make decisions with conviction. By bringing transparency to the market through high-quality independent opinions on creditworthiness, we enable growth across a wide variety of organizations, including businesses, governments, and institutions.

S&P Global Ratings is a division of S&P Global (NYSE: SPGI). S&P Global is the world’s foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world’s leading organizations navigate the economic landscape so they can plan for tomorrow, today.

For more information, visit

What’s In It For You?

Our Mission:

Advancing Essential Intelligence.

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. Join us and help create the critical insights that truly make a difference.

Our Values:

Integrity, Discovery, Partnership

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 cantake 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:

Global Hiring and Opportunity at S&P Global:

At S&P Global, we are committed to fostering a connected andengaged workplace where all individuals have access to opportunities based on their skills, experience, and contributions. Our hiring practices emphasize fairness, transparency, and merit, ensuring that we attract and retain top talent. By valuing different perspectives and promoting a culture of respect and collaboration, we drive innovation and power global markets.

S&P Global has a Securities Disclosure and Trading Policy (“the Policy”) that seeks to mitigate conflicts of interest by monitoring and placing restrictions on personal securities holding and trading. The Policy is designed to promote compliance with global regulations. In some Divisions, pursuant to the Policy’s requirements, candidates at S&P Global may be asked to disclose securities holdings. Some roles may include a trading prohibition and remediation of positions when there is an effective or potential conflict of interest. Employment at S&P Global is contingent upon compliance with the Policy.

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 View email address on click.appcast.io and your request will be forwarded to the appropriate person.

US Candidates Only: Know Your Rights: Workplace discrimination is illegal

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