Credit Risk - Project Finance, Vice President

Mizuho; Greater London; Hybrid; GBP 85,000 - 110,000; Full time

Benefits offered by this job

Competitive starting salary

Discretionary bonus

27 days’ annual leave

Hybrid working

Job summary

Mizuho in London is seeking an experienced EMEA CIB Credit Risk professional to support the Group 3 activities, focusing on project finance, infrastructure finance and real estate finance across the EMEA region.

The role requires advanced credit analysis, strong financial modelling skills, and the ability to deliver sound recommendations with clear communication to senior management within a fast-paced, cross-cultural environment.

Qualifications

• Advanced credit analysis and research skills, including cash flow analysis and financial modelling.
• Experience lending to and analysing project finance propositions in the EMEA region.
• Desire to expand responsibility to other areas like infrastructure and real estate finance.
• Solid understanding of financial markets.
• Ability to interpret balance sheets, P&L, and cash flows.
• Strong verbal and written communication skills; ability to present to senior management.

Responsibilities

• Analyze credit and rating applications for new transactions and restructurings across project finance and related assets.
• Review due diligence reports (financial, market, legal, technical) and prepare credit reports and recommendations.
• Attend meetings or site visits to gain credit understanding and enable sound judgments.
• Proactively monitor developments across sectors and flag risks to Senior Management.
• Conduct regular and ad-hoc credit reviews and assess internal ratings.
• Liaise with business units on credit matters and coordinate with front office origination and portfolio management.

Skills

Advanced credit analysis

Project finance analysis

Financial modelling

Microsoft Excel

Effective communication

Cross-cultural collaboration

Education

Degree in finance, economics, or a related field

Tools

Microsoft Word

Excel

PowerPoint

Job description

Profile Summary

EMEA CIB Credit Risk (CIB CR)’s principle responsibility is to maintain and monitor the quality of that part of the lending book falling within its jurisdiction of EMEA (Europe, Africa and the Middle East), in accordance with Bank policy and the procedures contained in standard instructions. This role will support this activity and sit within Group 3 of the CIB CR team. Group 3 comprises two teams, primarily responsible for (1) Emerging Markets Financial Institutions, Sovereigns and Government Related Enterprises, and (2) Real Assets Financing which includes Project Finance, Infrastructure Finance and Real Estate Finance.

Specifically, CIB CR Will

• Approve credit / risk lines up to the approval level of the General Manager / Department.
• Review and provide a recommendation to Head Office or the Head of Region on credit requests above the approval level of the Department.
• Review and monitor the loan portfolio to maintain a balanced and quality driven asset base.
• Disseminate and ensure compliance with bank credit policy, regulatory requirements and local laws.
• Act as a point of reference and maintain a constructive and supportive relationship with the Branches for all credit and lending related matters.
• The ideal candidate for this role is delivery focused with a thorough understanding of credit analysis techniques, and an excellent track record of analysing information to present sound recommendations.

Duties And Responsibilities

• As a primary responsibility to carry out a thorough analysis of credit and rating applications for new transactions and reviews (incl. where needed for restructurings) for project finance transactions. This includes broad spectrum of sectors, among others, conventional power generation, renewable power generation, water processing plants, natural resources projects (upstream, midstream, downstream, refineries, petrochemical plants), transportation infrastructure, social and accommodation infrastructure. In addition, it includes also battery storage facilities and digital infrastructure and various other alternative infrastructure assets.
• Responsibilities include also review and analysis of related due diligence reports (financial, market, legal, technical, where necessary).
• Based on this, prepare credit reports and recommendations to Senior Management enabling a final credit judgment to be made and ensure that transactions comply with respective credit policies. Where necessary, in order to gain a better understanding of the credit, attend bank meetings and / or make on-site visits.
• Proactively monitor developments across allocated product and industry sectors identifying major risk factors and, after investigating any adverse developments that may affect existing clients and/ or quality of book, bring these to the attention of Senior Management.
• To conduct credit reviews and assess internal ratings on a regular as well as an ad-hoc basis.
• Effectively liaise with, and provide guidance to the business side on all credit related matters.
• Together with the Team Lead to act as a direct interface between CIB CR and the respective front office origination and portfolio management teams.

Essential

Qualifications, Skills, and Experience

• Advanced credit analysis and research skills (including cash flow analysis and financial modelling), ideally gained in a mainstream-banking environment.
• Experience of lending to and analysing of project finance propositions in EMEA region.
• Desire, willingness and ability to expand responsibility for analysis and review of other areas like infrastructure finance and real estate finance.
• Solid understanding of financial markets.
• Ability to fully understand and interpret balance sheets, P&L accounts and cash flows.
• Good oral and written communication / presentation skills and ability to communicate at all levels.
• Computer literate on Microsoft Word, Excel and Powerpoint.
• Ability to work in a time constrained and cross cultural environment.

Desirable

• Degree educated with an ability to learn quickly.
• Previous formal credit control experience or some form of formal credit and / or accountancy training.
• Experience of lending into emerging markets (Eastern Europe, Middle East, Russia, Africa)
• Knowledge of EMEA legal and regulatory systems.
• Knowledge of the Mizuho Bank culture, philosophy, structure and policies (including rating systems and procedures and lending / pricing guidelines).
• Knowledge of a European language.
• Knowledge of Rating Agency’s methodologies.

Core Competencies

• Be a self-starter and team player.
• Be able to deliver under tight deadlines and various timelines.
• Ability to work on multiple transactions and ability to prioritize.
• Ability to work under pressure.
• Demonstrate rational and problem solving attitude.
• Attention to detail and storing organizational skills.
• Have strong communication skills.
• Able to build effective working relationships with key stakeholders.
• Be Initiative and business aware.
• Compliance.

What Mizuho Can Offer You

Here at Mizuho, there are fantastic progression opportunities and clear paths to promotion. We will give you ample opportunity to affect change and to help grow our business.

In addition to the great opportunity outlined above we are also currently able to offer:

• Competitive starting salary, plus discretionary bonus
• Non-contributory pension
• 27 days’ annual leave
• Core working hours*
• Hybrid working - office and home based*
• Virtual GP
• Wellbeing benefits, including Mental Health Allies and First Aiders
• For applicable roles only

At Mizuho, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.

At Mizuho we are committed to supporting equality, diversity and equality, and seek to create a workplace that is fully inclusive. We welcome applications from all sections of the community that we operate in and from all ethnic backgrounds, sexual orientation, beliefs, gender identities and disabilities.

If you require more information about our equal opportunities policy or wish to discuss any accessibility requirements or reasonable adjustments please contact the recruitment team – [e-mail] and we will be happy to help.