Associate Director- Corporate Ratings Emea, Cyclical Commodities, Chemicals and Packaging

About the Role
: Grade Level (for internal use): 12 The Team: Our Commodities rating team, part of EMEA Corporate Ratings, consists of approximately 20 analysts located across key European cities, including London, Paris, Frankfurt, Milan, Madrid, and Stockholm. As a vital part of this dynamic group, you will manage a portfolio of about 15 issuers predominantly in the Metals & Mining sector, but potentially including other sectors covered by the team such as Chemicals, Packaging and Forest Products and Oil & Gas. You’ll collaborate with experienced industry specialists who rate cyclical commodities companies within a culture that emphasizes teamwork, knowledge sharing, and cross-team collaboration. What you stand to Gain: You will gain exposure to a variety of industry sectors and end markets, keeping you at the forefront of emerging trends. Additionally, you will have opportunities to engage with senior management teams and key decision-makers within the entities we rate, fostering your professional development. You will also be part of an international, collegial culture that encourages innovation and strategic thinking. Career growth: Opportunity to develop technical and leadership skills through exposure to complex financings and mentoring. Market exposure: Regular interaction with issuers, both European and North American. Thought leadership: Contribute to commentaries and research that shape market understanding of cyclical commodities. Global collaboration: Work with industry specialists across regions on cross-border transactions and sector trends. The Impact: At S&P Global Ratings, your analytical opinion truly matters and each person who works here has an essential role in our reputation for integrity, transparency, and ratings excellence. We bring transparency and comparability to financial markets, helping investors measure and manage credit risk. Cyclical commodities are dynamic sectors at the forefront of the energy transition. This role offers the opportunity to contribute to evolution of these sectors while developing professionally in a fast-paced environment. In this role, you will play a crucial part in shaping the credit ratings landscape by conducting thorough and insightful corporate credit analyses. Your work will directly influence rating decisions and contribute to market transparency, enabling investors and other stakeholders to make well-informed decisions. Responsibilities: As an Associate Director in the Corporate Ratings practice, you will perform rigorous analytical work, including research, fundamental credit analysis, financial statement analysis, financial modeling, and report writing on rated corporate entities. Specifically, you will: Act as the Primary Analyst for a portfolio of about 15 credits, managing issuer relationships and ongoing surveillance. Conduct surveillance and make rating recommendations, preparing clear, well-supported analytical conclusions. Present analytical findings to internal stakeholders, credit committees, issuers and external investors. Support new issuer coverage and new issues, including project financings and rating evaluation services. Develop and maintain financial models and credit metrics, ensuring accuracy under tight deadlines. Contribute commentaries and thought leadership and mentor junior team members. Participate and vote in credit committees, providing original insight and rigorous analysis. Operate within established ratings criteria, policies, and procedures, and drive continuously improving and high customer service standards. All employees are required to work from the office a minimum of 2 days per week. What We’re Looking For:Basic Required Qualifications**: Bachelor’s degree in business, Economics, Finance, Engineering, Mathematics, or a related field. An S&P Global employee at this level would typically have 5+ years of extensive experience in credit analysis within a large commercial bank, investment bank, investing institution/asset manager, rating agency, or audit firm. Strong analytical skills with detailed understanding of financial statement analysis and accounting concepts; proficiency with financial models and credit metric calculations. Strong technology orientation, including Excel, LLMs and more. Excellent interpersonal and communication skills; customer-oriented with strong presentation ability; intellectually curious, self-starter with a strong work ethic. Experience in engaging with senior management of debt issuers. Understanding of and experience with legal transactions and debt documentation. Ability to maintain high levels of accuracy and attention to detail while meeting strict deadlines. Effective teamwork and a strategic approach to problem-solving are highly valued. Working knowledge of one or more sectors in the cyclical commodities remit, such as metals & mining, oil & gas, chemicals, packaging and forest products. A willingness to travel within Europe