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Form of workAbout the Team:
The Americas Credit Department is responsible for reviewing and approving all credit-related applications in the Americas. It is also responsible for approving internal ratings of bank clients.
Summary:
This position requires an individual who is open minded (to new skills and potential new industries, new securitization markets & new structures), and can skillfully serve as a linchpin between the various stakeholders within the branches, agencies and other credit departments. The Credit Department Director must possess in-depth knowledge of the structure and information on key players within the securitization, Project Finance and Structured Finance markets. The ideal candidate must have their finger on the pulse of market trends in order to make accurate recommendations to senior management approval or denial of credit requests.
Responsibilities:
- Reviews/assesses credit applications.
- Provides effective analysis of credit including, financial structure, risk return, collateral risk profile, and identification of key transaction risks.
- Creates various types of projection/recovery/other financial models, commenting on the reasonableness of assumptions in both management’s and Mizuho’s sensitivity cases.
- Compares the prospective transaction to its peers and notes industry trends.
- Prepares accurate, clear, well-organized and complete written summary/analysis (Credit Opinion) with recommendations for approval or decline. Discusses with branches/agencies potential changes to credit structure or other conditions for which we would grant credit approval.
- Presents credit approval recommendations to senior management.
- Thoroughly analyzes and recommends appropriate Borrower exposure to maximize risk return.
- Recommends appropriate risk rating for each customer/transaction as required.
- Directly engages in external meetings/presentations/events with syndicate banks, rating agencies, clients, law firms and other related parties, in co-ordination with coverage bankers, other product partners and Mizuho affiliates.
- Proactively monitors and assesses assigned borrowers/industries or other appropriate indices and reports the information and its impact on credits/industries to Senior Management in a timely manner.
- Complies with credit standards, policies, objectives and requirements. Plays strong management role with branches/agencies to ensure they understand and comply with the policies.
- Acts as liaison between other Credit Departments and senior management regarding issues related to credit applications, monitoring, analysis, standards and policies.
Qualifications:
Proven credit analysis skills and related knowledge:
- Demonstrates in-depth knowledge of the structure and information on key players within the securitization, Project Finance and Structured Finance markets.
- Exhibits a capacity to analyze the underlying credit trends and financial structures, including the competence to accurately assess credit migration trends and default possibility of the borrowers & programs.
- Demonstrates credit skills/ability to accurately identify and evaluate underlying risk elements of the borrowers and programs.
- Aptitude to write well organized, accurate and in-depth reports based on information gathered and transaction risk analysis.
- Strong multitasking ability to proactively monitor on an on-going basis the pool of credits to detect potential credit problems at an early stage.
Other skills:
- Undergraduate degree in Accounting, Business, Finance or Economics or strong quantitative background. MBA or CFA is a plus
- An open mind, willing to learn new skills and unfamiliar industries.
- Solid time management skills.
- Ability to plan and schedule work to meet both long term and short term time frames.
- Consistently demonstrates effective negotiation, verbal and written communication skills. Ability to present credit package to decision maker.
- Excellent interpersonal skills.
- Capable of working well independently and in teams.
- Effectively analyzes and solves problems/issues.
- Proficiency with Capital IQ, Bloomberg, MS Excel, Word and PowerPoint
- Formalized credit training from an accredited financial institution (8+ years’ experience) and proficient financial modeling skills.
The expected base salary ranges from $144,000 - $235,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.
Other requirements
Mizuho has in place a hybrid working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations.
Company Overview
Mizuho Americas is the fastest growing region within Mizuho Financial Group (NYSE: MFG), the 15th largest bank in the world with total assets of approximately $2 trillion. Mizuho Americas is a leading provider of corporate and investment banking services to clients in the US, Canada, and Latin America and our capabilities span investment and corporate banking, capital markets, equity and fixed income sales & trading, derivatives, FX, custody and research. Mizuho Americas employs more than 3,000 professionals across 15 offices within the Americas. Learn more at www.mizuhoamericas.com.
Mizuho Americas offers a competitive total rewards package.
We are an EEO/AA Employer - M/F/Disability/Veteran.
We participate in the E-Verify program.
We maintain a drug-free workplace and perform pre-employment substance abuse testing.
We are a leading global bank, with one of the largest customer bases in Japan, and a global network of financial and business centers. We continue to pride ourselves on our "customer first" principle as a centerpiece in servicing both our individual and corporate customers, with the goal of becoming their most trusted bank.
- facebook.com/mizuhoamericas
- @MizuhoAmericas
