Associate Director – EMEA Corporates; Emerging Markets

About the Role:

Grade Level (for internal use): 12 About the Role S&P Global Ratings' EMEA Corporates practice delivers independent credit opinions across a wide range of industries and geographies. Within this practice, the Emerging Markets team provides credit analysis and ratings for over 90 companies across high-growth regions including Central Asia, Ütürkiye, the Caucasus, and Africa, spanning sectors such as commodities, energy, telecommunications, transportation, and consumer goods.

As emerging market issuers become increasingly integrated into global capital markets, this team plays a central role in providing rigorous, transparent credit perspectives on fast-evolving business models and dynamic macroeconomic conditions.

In this role, you will contribute to independent credit opinions that global markets rely on. You will shape S&P Global's analytical perspective on emerging market corporates, develop the next generation of analysts, and lead the responsible adoption of AI-enabled workflows — all while upholding the quality, accountability, and integrity that define S&P Global Ratings.

Serve as a senior reference point for junior analysts, coaching on credit fundamentals, financial modeling, data quality, and responsible use of AI tools; coordinate work across the portfolio and proactively manage capacity and quality risks. Drive continuous improvement by refining analytical playbooks and standard processes; partner with stakeholders to support the responsible rollout of new capabilities with appropriate governance and controls.

Execute end-to-end credit analysis across a defined portfolio, maintaining consistently high standards of quality, timeliness, and analytical clarity. Lead surveillance and analytical updates, connecting issuer performance and market developments to forward-looking risk themes. Use approved generative AI tools to accelerate research, drafting, and peer comparisons, while maintaining rigorous input validation, metric reconciliation, and documentation of analytical assumptions.

Translate complex data and analysis into clear, market-facing narratives that communicate S&P Global's independent viewpoint to issuers, investors, and senior market participants. Contribute to thought leadership by researching, drafting, and refining market-facing content with senior team input.

Maintain adherence to methodology, confidentiality, and data governance requirements; elevate emerging risks promptly and embed responsible AI practices into day-to-day workflows. Support the safe, monitored scaling of automation to remove low-value tasks, defining requirements and controls in partnership with relevant technical teams.

Demonstrated financial analysis skills, including cash flow modeling, complex capital structure and debt instrument analysis, ratio and covenant analysis, and accounting fundamentals. Knowledge of emerging markets and a clear understanding of how global macroeconomic trends affect corporate business models. Effective written and verbal communication skills for committee-ready documentation and senior-level engagement with issuers, investors, and market participants. Proven experience coaching or mentoring junior analysts, with a track record of raising analytical quality through structured feedback and review.

Russian:
Fluent (able to conduct meetings, collaborate effectively, and communicate clearly in writing and verbally) — Required, as a portion of the credit portfolio operates in jurisdictions where Russian is the primary business language.