Lilit's responsible for analyzing the macroeconomic, political, security, and business environment of Russia and the former Soviet republics. She has lived and worked in Armenia, Russia, Ukraine and the US. As a regular contributor to major media outlets, including frequent guest appearances on BBC Radio Four's Today Show and newscasts, she participates in broadcasts by CNN, CNBC, Bloomberg and Al Jazeera, among others. She has been quoted in numerous print and online publications. Prior to joining S&P Global (now part of S&P Global), in 2009, Lilit had gained knowledge of the Commonwealth of Independent States (CIS) risk environment during her time at the Eurasia House at Cambridge University, the International Institute for Strategic Studies (IISS), LSE Enterprise and the United Nations. Earlier in her career, she worked for the ministries of foreign affairs and economy in Armenia and she was press relations officer at the Armenian Diplomatic Mission in London.

Lilit completed a Diploma from NATO Defense College in Rome, Italy, gaining a focus on conflict resolution. Lilit's university degrees include a Bachelor of Arts and a Master of Arts in Political Science from Yerevan State University, Armenia, as well as a Master of Science in International Relations and Political Economy from the London School of Economics and Political Science (LSE), United Kingdom.