Credit Ratings - Associate

Mizuho International; London; Hybrid; GBP 35,000 - 55,000; Full time

Job summary

Mizuho International is seeking a Credit Ratings Associate to join their Rating Team. The role involves producing and analyzing credit ratings, providing opportunities for professional growth and competitive benefits such as a non-contributory pension and hybrid working arrangements. The ideal candidate will have strong analytical and communication skills, with a minimum of 3 A-levels and experience in a financial environment.

Benefits

Non-contributory pension

27 days' annual leave

Hybrid working

Virtual GP

Wellbeing benefits

Qualifications

• At least two years' experience in a financial environment, preferably banking.
• Ability to analyze and interpret company financial statements.
• Strong communication skills to liaise with stakeholders.

Responsibilities

• Producing timely and accurate credit ratings.
• Monitoring credit risk and preparing annual and special reviews.
• Assisting with portfolio management within the Department's portfolio.

Skills

Analytical skills

Strong writing skills

Communication skills

Organizational skills

Teamwork

Education

Minimum 3 'A' Levels or equivalent

Degree qualification or equivalent (desirable)

Tools

VBA

SQL

Python

Job description

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Credit Ratings - Associate

Who are we?

We are not your typical financial institution. It's our people who make us a cut above. Here, every person is respected because of their differences, not in spite of them.

We pride ourselves on a culture of purpose, passion, and dedication. At Mizuho, we provide the stability of an international industry leader with the career trajectory of a growing business. Our steady, strategic growth offers our people at all levels rewarding responsibilities and a richer work experience than a boutique firm or an established giant could offer alone.

Working for Mizuho opens doors not just to a rewarding career with excellent prospects, but to lasting friendships with colleagues from diverse cultures. It's the local expertise of our employees that makes our global network so powerful. By collaborating with colleagues and clients who share your ambition, you can amplify your influence and knowledge as part of one of the largest and growing banks in the world.

What is the opportunity?

A role in the Rating Team, part of the C&MO Team within the European Corporate Finance Division 2 (ECBD2). They manage, monitor, and control the Department's corporate & leveraged finance ratings, ensuring timely preparation and submission of ratings for ECBD2 clients. This role primarily involves producing ratings using Mizuho's internal models and interfacing with the wider C&MO Team.

What will you be doing?

• Producing timely and accurate credit ratings.
• Analyzing to establish initial ratings of new transactions using audited accounts, financial due diligence, models, and commercial due diligence, in collaboration with Credit Analysts.
• Monitoring credit risk and preparing annual and special reviews.
• Identifying potential credit quality issues early.
• Assisting with portfolio management and reporting duties, including day-to-day administration of clients within the Department's portfolio.
• Ensuring compliance with the bank's rating manual and applying rating and customer categorization methodologies accurately.

What do you need to succeed?

Essential

• Minimum 3 'A' Levels or equivalent.
• At least two years' experience in a financial environment, preferably banking.
• Ability to analyze and interpret company financial statements and discounted cash flow models.
• Ability to work quickly and accurately under pressure.
• Strong writing and communication skills to liaise with internal stakeholders and other departments.
• Good teamwork and organizational skills.
• Knowledge of financial spreadsheets and accounting standards.

Desirable

• Degree qualification or equivalent.
• Skills in cash flow analysis and modeling.
• Experience in a middle or back office role within a financial institution.
• Proficiency with VBA, SQL, Python, or automation tools, with an innovative mindset.
• Experience in automating workflows to improve efficiency.

Adaptability

• Responding to changing priorities.
• Planning, organizing, and managing workloads independently.
• Taking initiative and solving complex rating scenarios independently.
• Adapting to changing systems or procedures.

What Mizuho can offer you

Opportunities for progression and promotion, with a chance to influence change and grow our business. We also offer:

• Non-contributory pension
• 27 days' annual leave
• Core working hours*
• Hybrid working (office and home)
• Virtual GP
• Wellbeing benefits, including Mental Health Allies and First Aiders

*Applicable roles only.

We embrace flexible working arrangements like part-time, job-sharing, and hybrid models. Our purpose-led culture and global infrastructure facilitate collaboration and agility to meet business needs.

We are committed to supporting equality, diversity, and inclusion, welcoming applications from all community sections, ethnic backgrounds, sexual orientations, beliefs, gender identities, and disabilities.

Job ID 2941