Lead, Capital Markets Analyst

Share Our Purpose. Be Yourself. Feel Valued.

People are the heart of our business. As an American Water employee, you will be offered a competitive salary and health benefits package, along with opportunities to develop, grow, and evolve your career. Our benefits packages focus on key areas such as health & wellness, emotional & well-being, and savings for current & future goals.

We are Beautifully Different
. We strongly believe having diversity across our company makes us more successful and helps us provide essential services to our customers. We are stronger because we embrace different ideas, viewpoints, experiences, and backgrounds. American Water is the best choice for your next role!

About American Water
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886 and celebrating 140 years in 2026, We Keep Life Flowing by providing safe, clean, reliable and affordable drinking water and wastewater services to approximately 14 million people with regulated operations in 14 states and on 18 military installations.

American Water’s approximately 7,000 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

Job Title:

Lead, Capital Markets Analyst

Posting

Start Date:

10/5/26

Job Description:

$115,000 - $125,000

The base salary range represents a good faith salary range for this position. This position is eligible for annual incentive pay and has the opportunity for continued salary growth. If you are hired at American Water your base salary compensation will be determined based on factors such as market, geography, skills, education and/or experience. At American Water, we are committed to pay equity.

In addition to compensation, you will be offered a comprehensive benefits package including 401(k),Defined Contribution Plan, Employee Stock Purchase Plan, medical, prescription, dental and vision coverage, plus disability, paid time off, life insurance, voluntary benefits,health and wellness programs and much more!

American Water is also proud to offer employees learning opportunities and work experiences to grow profession

• Provide treasury management with comprehensive and objective financial analyses and recommendations regarding capital structure, and corporate and subsidiary financing strategies with minimal support from senior staff.
• Drive analysis in support of capital structure and overall cost of capital testimony for operating company general rate cases.
• Own credit metric analysis. Build deep understanding of Moody’s and S&P processes. Arm senior management with analysis and data to drive conversations with Rating Agencies in support of maintaining or improving ratings/outlooks.
• Responsible for helping to drive and supporting all financing activity (short- and long-term debt and equity) for the organization.
• Support State Finance teams with regulatory documentation; data request response and maintain data request inflow and outflow.
• Support compliance requirements and filings.
• Mentor junior staff members
• Help provide guidance to state finance teams to shape strategy and disseminate knowledge across the American Water footprint

• Take active role in debt and equity issuances. This will include but is not limited to the process of issuing taxable and tax-exempt debt, preparing applications, petitions, tracking debt rates and comparable debt deals, tracking debt issuance fees, calculating all-in costs for senior management analysis, preparation of various certificates, review of debt legal documents, identification…