Senior Analyst, Real Estate Corporate Ratings, Germany

About the Role

The Real Estate and Building Materials/Construction team is comprised of analysts located across London, Paris, Frankfurt, Milan, Madrid, Dublin and Stockholm. We are responsible for over 120 rated entities across Europe and Africa, delivering high‑quality analysis and excellent client service within transaction‑oriented sectors.

Impact

In this role you will provide insightful credit risk analysis that influences rating decisions. Your interactions with Finance and Treasury teams will enhance our understanding of market dynamics, while engagement with investors and market participants will support our commitment to transparency and communication in the debt markets.

What You Stand to Gain

This position offers an exceptional opportunity to gain exposure to S&P Global Ratings Corporate & Infrastructure Practice, develop strong relationships within the industry, and engage in cross‑sector collaboration fostering lifelong learning and professional growth.

Responsibilities

• Formulate and clearly articulate credit rating recommendations based on comprehensive analysis of financial statements and debt documentation.
• Develop insightful and forward‑looking company and sector‑level credit rating research.
• Interact with Finance and Treasury teams of global and regional rated entities to gather critical information.
• Communicate with investors and market participants through high‑quality sector and company reports, presentations, and direct engagement.
• Thoroughly document supporting analyses to ensure clarity and transparency in credit rating decisions.
• Present and defend conclusions to the credit rating committee in a coherent and logical manner.
• Manage relationships with rated issuers and investors to ensure effective communication and service delivery.
• Collaborate with other analysts within the Ratings division to enhance cross‑sector knowledge and skills.
• Support the team in day‑to‑day activities, notably data gathering.
• Share specific analytical expertise, ideas, and know‑how to improve group operations.
• All employees are required to work from the office a minimum of 2 days per week.
• Candidates who reach the final stage of the interview process must attend at least one in‑person interview at the nearest S&P Global Ratings office.

Qualifications

• Strong analytical skills with deep understanding of financial statements and accounting concepts.
• 3‑5 years of relevant experience and master’s degree in Finance, Economics, Business Administration or related field.
• Experience in financial modelling to analyze company capital structure, liquidity and forecasts.
• Experience analyzing debt/instrument documentation and transaction structures.
• Previous experience in a global organization (bank, accounting firm, asset manager, large corporate) and ability to work in an international and regulated business environment.
• Fluency in German (verbal and written) and English (verbal and written).
• Excellent communication and presentation skills.
• Ability to work collaboratively in a team‑oriented environment and independently where needed.
• Demonstrated initiative and ownership of tasks, with a commitment to high‑quality work and continuous improvement.
• Strong problem‑solving skills and adaptability to changing situations.
• Willingness to travel occasionally at short notice.

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.