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Credit Risk, Vice President
Mizuho Financial Group
New York, NY, United States
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SUMMARY:
Under the direction of senior staff, perform the necessary review/analysis (as generally outlined below) required to assess existing and prospective clients and counterparties for onboarding and execution.
PRINCIPAL DUTIES AND RESPONSIBILITIES:
• Marketing/Business Assessment Responsibilities:
◦ Work closely with NAB Originations and Product Partners to identify customer business opportunities and gather required information to complete a business screening, including NBC (as required), and update pipeline report, and conduct internal discussions, as necessary.
◦ Analyze and review transaction proposals, focusing on structure, terms and conditions and profitability
◦ Engage as needed and when appropriate with Customer, Agent Bank, Bank Participants, Lawyers and other professionals.
◦ Coordinate with ACD on initial credit risk screening to determine credit risk appetite / rating to support the business case.
◦ Prepare credit applications for submission , including but not limited to:
# CDM cover pages, PTC Registrations, Facility Rating Simulations
# Coordinate/Manage all compliance requirements (COI, Reputational Risk, KYC, etc.)
# Ensure all related internal policies and procedures are followed, including sector/industry risk limits
# Work seamlessly with ACD counterparts to coordinate completion of credit assessment, assisting with any required due diligence needed to finalize the credit opinion/approvals.
◦ Conduct in depth review of all legal documentation, in addition to commitment letters, NDAs, and LOIs, etc. (working with the Legal Department or Outside Counsel, as required)
◦ Create pricing waiver and profitability projection to assess the business case and secure required internal support and approvals.
◦ Engage PMO Team, as necessary, to assist with mitigation of risk appetite/returns.
• Monitoring Responsibilities:
◦ Provide strategy review and related commentary for the purpose of completing the Comprehensive Annual Reviews
◦ Monitor market movements and news in coordination with ACD & ARM – submitting Form 19, when applicable.
◦ Prepare and present monthly and quarterly PCC materials and updated Exposure Strategies for clients, in coordination with ACD.
◦ Manage credit issues with the clients – including assessment of requests/changes and restructuring.
◦ Make recommendations on action/plan to ACD (and senior management, when necessary) as it relates to credit issues/restructuring/exposure management.
◦ With the support of the PMO team, execute strategies to hedge/reduce exposure.
◦ Assist with regulatory related requests/meetings/presentations, as needed.
◦ Assist with audit related requests/meetings/presentations, as needed.
• Administrative Tasks:
◦ Assist and coordinate onboarding requests, booking requests, and other administrative functions with the Middle and Back Office.
◦ Respond to various customer requests.
◦ Assist senior staff with other administrative duties within the team, as assigned.
QUALIFICATIONS:
• Four-year college degree in Accounting, Business, Finance or Economics or strong quantitative background
• Formalized Credit Training (preferred) from an accredited financial institution
• 5-8 years credit experience in a financial institution/rating agency (financial sector coverage experience preferred)
• Effective oral and written communication skills
• Strong PC skills, including knowledge of MS Word, Excel and PowerPoint
• Good interpersonal skills and a team oriented person
Company Overview
Mizuho Americas is a leading financial institution comprising several legal entities, which together offer clients corporate and investment banking, financing, securities, treasury services, asset management, research and more. Mizuho’s operations in the Americas connect a broad client base of major corporations, financial institutions and public sector groups to local markets and a vast global network. Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), which is comprised of offices in nearly 40 countries, approximately 60,000 employees, and assets of more than USD 1.8 trillion. Learn more at mizuhoamericas.com.
Mizuho Bank Ltd. 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.