Corporate Credit Analyst – Real Estate, AVP / VP

Mizuho Americas Services LLC in; New York (NY); On-site; USD 144,000 - 235,000; Full time

Job summary

An established industry player is seeking a skilled Credit Officer to join their dynamic team. This role offers an exciting opportunity to engage with diverse clients in the real estate sector, providing critical analysis and recommendations for credit transactions. As a linchpin among stakeholders, you'll leverage your industry knowledge and analytical skills to influence decision-making at senior management levels. With a focus on career growth and visibility, this position is perfect for someone eager to make a significant impact in a collaborative environment that values innovation and excellence. If you're ready to take on challenging credits and grow your career, this is the opportunity for you.

Benefits

Generous employee benefits package

Discretionary bonus

Qualifications

• 8+ years of credit-related experience, preferably in banking.
• Proficient in credit analysis and financial modeling.

Responsibilities

• Review and assess credit applications from branches/agencies.
• Conduct comprehensive annual and quarterly reviews of customers.
• Prepare well-organized credit opinion summaries with recommendations.

Skills

Credit Analysis

Analytical Skills

Industry Knowledge (Real Estate)

Negotiation Skills

Communication Skills

Problem Solving

Multitasking

Education

Degree in Accounting

Degree in Business

Degree in Finance

Degree in Economics

Tools

Excel

Capital IQ

Bloomberg

MS Word

MS PowerPoint

Job description

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.

About the Team:

The Americas Credit Department Real Estate team is responsible for credit analysis conducted in connection with approval of credit transactions and ongoing monitoring of real estate related industries, including REIT and home building. Clients are diversified across multiple sub-sectors and niche markets. This position provides (i) a great opportunity to cover challenging credits in the real estate space, (ii) strong visibility with senior and executive management, and (iii) exciting career growth prospects.

Summary:

This position requires an individual who is open minded to new skills and potential new industries, can skillfully serve as a linchpin between the various stakeholders within the branches, agencies and other credit departments. The Credit Officer must possess in-depth industry knowledge and have his/her finger on the pulse of market trend in order to make accurate recommendation to senior management approval or denial of credit requests.

Core Responsibilities:

• Reviews/assesses credit applications from branches/agencies.
• Provides effective analysis of credit including credit worthiness of the applicant, loan structure, risk return, the applicant's operating, financial and industry profiles including historical profit and loss performance, financial condition and cash flow.
• Creates various types of projection/enterprise valuation/recovery/other financial models, commenting on the reasonableness of assumptions in both management and Mizuho's sensitivity cases.
• Compares the prospective borrower to its peers and summarizes industry trends.
• Prepares accurate, clear, well-organized and complete written summary analysis (credit opinion) with recommendation for approval or decline. Discusses with branches/agencies potential changes to credit structure or other conditions for which we would grant credit approval.
• Through careful analysis, recommend appropriate risk rating for each customer/transaction as required.
• Conduct comprehensive annual review and quarterly review of each customer.
• 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 including market data such as share price, EDF, CDS or loan secondary price or other appropriate indices and reports the information and its impact on credits/industries to senior officers 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, gathers information (especially on problem customers) from and exchanges views with branches/agencies/other Credit Departments and senior management regarding issues related to credit applications, monitoring, analysis, standards and policies.

Qualifications:

Proven credit analysis skills and related analytical skills/knowledge/abilities:

• Demonstrates strong industry knowledge and information on key industry players within the real estate, home building, and engineering & construction industries.
• Exhibits a capacity to analyze the underlying credit trends, including the competence to accurately assess credit migration trends and default possibility of the borrowers.
• Aptitude to write well organized, accurate and in-depth reports based on information gathered and thoughtful cash flow projections.
• Strong multitasking ability to proactively monitor on an ongoing basis the pool of credits to detect potential credit problems at an early stage.
• Advanced knowledge of Excel and experience with building comprehensive cash flow projection model.
• Strong leadership skill and ability to work with junior officers.

Other skills:

• 8+ years of credit-related experience – banking experience preferred.
• Degree in Accounting, Business, Finance or Economics with strong quantitative background.
• Ability to plan and schedule work to meet both long- and short-time frames.
• Consistently demonstrates effective negotiation, as well as verbal and written communication skills. Ability to present credit opinion to decision maker.
• Excellent interpersonal skills.
• Capable of working well independently and as part of the team.
• Effectively analyzes and solves problems/issues.
• Proficiency with Capital IQ, Bloomberg, MS Excel, Word and PowerPoint.
• Formalized credit training from an accredited financial institution 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. Roles in some of our departments have greater in-office requirements that will be communicated to you as part of the recruitment process.

We are an EEO/AA Employer -M/F/Disability/Veteran.

We participate in the E-Verify program.

We maintain a drug-free workplace and reserve the right to require pre- and post-hire drug testing as permitted by applicable law.