Project Finance Credit - Vice President

About the Team and Position

The Project Finance group is responsible for credit analysis, approvals, and portfolio management of credits in sectors including digital infrastructure, oil and gas, power and transmission, renewable energy, transportation, and water and wastewater. This position offers:

• A great opportunity to cover challenging credits in the Project Finance space
• Exposure to a variety of industries/sectors
• Strong visibility with senior and executive management
• Exciting career growth prospects

The Credit Officer’s main responsibility is to review credit applications submitted by the front office (1LoD) and prepare executive summaries for the Credit Department management. They also monitor the performance of credits in the portfolio and ensure credits are rated appropriately.

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 industry trends
• Prepares accurate, clear, well-organized, and complete written summary/analysis (Credit Opinion) with recommendations for approval or decline
• 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
• If required, directly engages in external meetings/presentations/events with syndicate banks, rating agencies, clients, law firms, and other related parties, in coordination 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
• Acts as a 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 Project finance and structured finance markets
  • Exhibits a capacity to analyze underlying credit trends and financial structures, including accurately assessing credit migration trends and default possibility of borrowers
  • Demonstrates credit skills/ability to accurately identify and evaluate underlying risk elements of borrowers
  • 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 ongoing basis to detect potential credit problems at an early stage
• Education / Other Skills:
  • Undergraduate degree in Accounting, Business, Finance, or Economics, or a strong quantitative background
  • MBA or CFA is desired
  • An open mind, willing to learn new skills
  • 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 packages to decision-makers
  • 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 (5+ years’ experience) and proficient financial modeling skills

Pay

The expected base salary ranges from $115,000 - $185,000. 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.

Benefits

In addition to salary, successful candidates are eligible for a generous employee benefits package, including Medical, Dental, and 401K plans, as well as a discretionary bonus.

Schedule

Mizuho has in place a hybrid working program, with varying opportunities for remote work depending on the nature of the role, needs of the department, and local laws and regulatory obligations. Some departments have greater in-office requirements, which will be communicated during the recruitment process.

Company Overview

Mizuho Financial Group, Inc. is the 15th largest bank in the world, with total assets of ~$2 trillion. With 60,000 employees worldwide, Mizuho offers comprehensive financial services to clients in 35 countries through 800 offices throughout the Americas, EMEA, and Asia. Mizuho Americas is a leading provider of corporate and investment banking services in the US, Canada, and Latin America. Through its acquisition of Greenhill, Mizuho provides M&A, restructuring, and private capital advisory capabilities across the Americas, Europe, and Asia. Mizuho Americas employs approximately 3,500 professionals, with capabilities spanning corporate and investment banking, capital markets, equity and fixed income sales & trading, derivatives, FX, custody, and research.