Summer Intern, Credit Analysis

Location: DE - FRANKFURT, BOCKENHEIMER LANDSTRASSE 2, Germany

About the Role

Grade Level (for internal use)

05

The Impact

At S&P Global, our values - Discovery, Integrity, and Partnership - shape how we work, how we collaborate, and how we earn trust with our customers and each other. We embrace AI as an enabler, guided by rigorous governance and risk management, to enhance what has always defined us: the intelligence of our people, deep relationships, and trusted insights. By leveraging technology with human expertise, we help our teams navigate complexity and deliver actionable, decision-ready intelligence without compromising quality, accountability, or integrity.

What You Stand to Gain

At S&P Global Ratings, you will contribute to independent credit opinions the market relies on, strengthened by innovation that accelerates analysis.

We are People Forward. When you join S&P Global, you’ll benefit from:

Joining a diverse community where your growth and well-being come first—just like the 35,000+ colleagues who choose S&P Global every day.

Bringing your best self to work in an environment that values inclusion, collaboration, and authentic engagement.

Celebrating your achievements with us. We’re committed to your continuous learning, offering education, training, and career coaching to help you grow and adapt in a changing world.

Connecting through our People Resource Groups, which foster awareness, engagement, and a sense of community—both within S&P Global and beyond.

Program Overview

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 and ratings based on established criteria and benchmarks. The Business Practice Groups include: Corporates, Public Finance, Financial Institutions, Structured Finance, Sovereign and International Public Finance, and Infrastructure.

The opportunity provides the chance to embark on a dynamic 10-week summer training and development journey that begins in June 2027. Our program offers unparalleled opportunities for growth, learning, and collaboration.

You will be offered the opportunity to assist S&P Global in achieving its mission of being a the leading provider of the high quality risk evaluations and analytical insights to the world’s financial markets.

Summer interns will gain a thorough introduction into fundamental credit analysis, working with analytical teams within S&P Global Ratings (including ratings committees and management meetings).

You will also complete a group project for the duration of the summer program and have the opportunity to collaborate with peers and present your research and conclusions to a group of senior leaders.

At the end of our internship program interns have the opportunity to be considered for our 2028 CREDit graduate program.To get a sense of what our CREDit 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

Team Contribution & Capability Building

Support the team in deal execution and various analytical projects, contributing resourceful ideas in collaborative discussions.

Build capability by working with assigned summer intern project teams to successfully complete and present findings and conclusions to senior leaders.

Core Analytical & Delivery

Build capability in credit rating methodologies by learning and understanding standard techniques.

Support analysts by providing timely and accurate quarterly financial statistics and data analysis.

Support and help maintain high-quality research, presentations, reporting, and modelling.

Use AI technologies as an enabler to analyze large datasets and derive actionable insights, integrating them into existing analytical frameworks.

Stakeholder & Market Engagement

Assist with preparing rating committees and issuer management meetings to help produce clear narratives for engagement.

Understand the importance of cultivating a customer-oriented, solutions mindset and observe and learn from service excellence in action.

Risk Management and Operating

Apply confidentiality, documentation, and governance requirements.

Support pilot/testing under supervision and within defined guardrails.

What we’re looking for

Basic Required Qualifications

Education

Postgraduate & Undergraduate students in their penultimate year of study only.

We welcome candidates from traditional finance disciplines e.g. Accounting, Business Administration, Engineering, Economics, Finance, Math, Public Policy, Quantitative Analysis, Data and Statistics. This is as well as diverse academic backgrounds that support innovative and critical thinking and storytelling e.g. Engineering and Sciences, Philosophy, Politics, Classics, Theology, English Language, English Literature and Languages.

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.

Collaborative, dependable teammate who manages priorities well and communicates clearly.

Problem-solving, time-management, attention to detail and organizational abilities.

Learning mindset comfortable adopting new tools to enhance quality.

Able to learn quickly, multi-task and work in a fast-paced environment.

The ability and the desire to learn to conduct your own analysis and research, showing initiative and resourcefulness.

Strong spreadsheet skills; willingness to learn data/automation tools to improve reliability and consistency, not just speed.

Adept with Excel and other Microsoft Office products (Word, Outlook, PowerPoint).

Familiarity with AI technologies or tools, including Machine Learning Algorithms, Natural Language Processing Tools, and/or Rob