Ph3About The Team /h3pOur 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. You will manage a portfolio of about 15 issuers predominantly in the Metals Mining sector, with potential exposure to Chemicals, Packaging, Forest Products and Oil Gas. The team culture emphasizes teamwork, knowledge sharing and cross‑team collaboration. /ph3About The Role /h3pbGrade Level: /b 12 /ppAs an Associate Director in the Corporate Ratings practice, you will perform rigorous analytical work—including research, fundamental credit analysis, financial statement analysis, financial modelling and report writing on rated corporate entities. You will act as the primary analyst for your portfolio, manage issuer relationships, conduct surveillance, support new issuer coverage and new issues, develop and maintain financial models, contribute to commentaries, participate in credit committees and operate within established ratings criteria and policies. /ph3What You Stand To Gain /h3ulliCareer growth: Opportunity to develop technical and leadership skills through exposure to complex financings and mentoring. /liliMarket exposure: Regular interaction with issuers, both European and North American. /liliThought leadership: Contribute to commentaries and research that shape market understanding of cyclical commodities. /liliGlobal collaboration: Work with industry specialists across regions on cross‑border transactions and sector trends. /li /ulh3The Impact /h3pAt SP Global Ratings, your analytical opinion truly matters and each person who works here plays an essential role in our reputation for integrity, transparency and ratings excellence. This role offers the opportunity to contribute to the evolution of dynamic sectors at the forefront of the energy transition while developing professionally in a fast‑paced environment. /ph3Responsibilities /h3ulliAct as the primary analyst for a portfolio of about 15 credits, managing issuer relationships and ongoing surveillance. /liliConduct surveillance and make rating recommendations, preparing clear, well‑supported analytical conclusions. /liliPresent analytical findings to internal stakeholders, credit committees, issuers and external investors. /liliSupport new issuer coverage and new issues, including project financings and rating evaluation services. /liliDevelop and maintain financial models and credit metrics, ensuring accuracy under tight deadlines. /liliContribute commentaries and thought leadership and mentor junior team members. /liliParticipate and vote in credit committees, providing original insight and rigorous analysis. /liliOperate within established ratings criteria, policies and procedures and drive continuous improvement and high customer service standards. /liliAll employees are required to work from the office a minimum of two days per week. /liliCandidates in the final stage of our interview process must attend at least one in‑person interview, ordinarily at the nearest SP Global Ratings office, completed before an offer can be made. /li /ulh3What We’re Looking For /h3h3Basic Required Qualifications /h3ulliBachelor’s degree in business, economics, finance, engineering, mathematics or a related field. /lili5+ years of extensive experience in credit analysis within a large commercial bank, investment bank, asset manager, rating agency or audit firm. /liliStrong analytical skills with detailed understanding of financial statement analysis and accounting concepts; proficiency with financial models and credit metric calculations. /liliStrong technology orientation, including Excel and LLMs. /liliExcellent 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. /liliUnderstanding of and experience with legal transactions and debt documentation. /liliAbility to maintain high levels of accuracy and attention to detail while meeting strict deadlines. /liliEffective teamwork and a strategic approach to problem‑solving are highly valued. /liliWorking knowledge of one or more sectors in the cyclical commodities remit such as metals mining, oil gas, chemicals, packaging and forest products. /liliWillingness to travel within Europe for meetings, sometimes at short notice. /li /ulh3Additional Experience /h3ulliPrior exposure to corporate credit analysis in asset‑heavy sectors, complex financial transactions such as project finance transactions or structured credit, or experience in an investor‑facing role would be a plus. /liliFluency in European languages in addition to English would be an advantage. /li /ulh3About SP Global Ratings /h3pAt SP Global Ratings, our analyst‑driven credit ratings, research and sustainable finance opinions provide critical insights that are essential to translating complexity into clarity so market participants can uncover opportunities and make decisions with conviction. By bringing transparency to the market through high‑quality independent opinions on creditworthiness, we enable growth across a wide variety of organizations, including businesses, governments and institutions. /ph3Benefits /h3ulliHealth Wellness: Health care coverage designed for the mind and body. /liliFlexible Downtime: Generous time off helps keep you energized. /liliContinuous Learning: Access a wealth of resources to grow your career and learn valuable new skills. /liliInvest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company‑matched student loan contribution and financial wellness programs. /liliFamily Friendly Perks: Perks for partners and little ones, with best‑in‑class benefits for families. /liliBeyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference. /li /ulh3Recruitment Fraud Alert /h3pIf you receive an email from a spglobalind.com domain or any other regionally based domains, it is a scam and should be reported to SP Global never requires any candidate to pay money for job applications, interviews, offer letters, pre‑employment training or equipment. /ph3Equal Opportunity Employer /h3pSP 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. If you need an accommodation during the application process due to a disability, please email /p /p #J-18808-Ljbffr