Credit Analysis - Oil & Gas, Associate

Mizuho Financial Group Inc.; New York (NY); Hybrid; USD 95,000 - 115,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

401(k) plans

Discretionary bonus

Job summary

Mizuho Financial Group Inc. in New York seeks a Credit Analyst to serve as a linchpin among branches, agencies, and credit teams. The role requires strong knowledge of oil and gas credit, cash flow analysis, and the ability to form clear, well-supported recommendations for credit decisions.

The position emphasizes credit judgment, industry trend awareness, and collaboration with relationship managers, portfolio managers, and external stakeholders to manage risk and optimize loan structures.

Qualifications

• Undergraduate degree in Accounting, Finance, Economics or strong quantitative background.
• Formalized credit training from an accredited financial institution (6+ years experience) and proficient financial modeling skills.
• Experience in the Oil & Gas Industry, including RBL for smaller E&P companies, and non-IG experience.
• Proven credit analysis skills and ability to assess credit trends and defaults.

Responsibilities

• Provide analysis of credit: applicant worthiness, loan structure, risk-return, cash flow, industry profile, and historical performance.
• Create cash flow projections and assess reasonableness of assumptions in management and internal sensitivity analyses.
• Prepare clear credit opinions with recommendations for approval or decline and participate in annual reviews.
• Coordinate with branches/agencies and other Credit Departments on credit structure and policy adherence.
• Monitor borrowers and industry trends, report impacts to Senior Management in a timely manner.
• Present credit approval recommendations to senior management and determine risk ratings.

Skills

Credit analysis

Multitasking

Written communication

Verbal communication

Analytical abilities

Presentation to decision-makers

Teamwork

Education

Undergraduate degree in Accounting/Finance/Economics or quantitative field

Tools

Capital IQ

Bloomberg

MS Excel

MS Word

PowerPoint

Job description

About the Team

The Corporate & Structured Products (CSPC) team is responsible for generating or reviewing and approving all credit-related applications in the Americas, and for determining and approving internal ratings of bank customers.

Summary

This position requires an individual who can skillfully serve as a linchpin between the various stakeholders within the branches, agencies, and other credit departments. The Credit Department VP must possess a good understanding of the Oil & Gas Industry and keep abreast of market trends to make accurate recommendations to senior management regarding credit requests.

Core Responsibilities

• Provide effective analysis of credit, including applicant worthiness, loan structure, risk-return, operating profile, industry profile, historical profit and loss performance, financial condition, and cash flow.
• Create cash flow projections and comment on the reasonableness of assumptions in both management’s and Mizuho’s sensitivity cases.
• Compare prospective borrowers to peers, noting industry trends.
• Prepare accurate, clear, well‑organized, and complete written summaries/analyses (Credit Opinion) with recommendations for approval or decline for transactions and comprehensive annual reviews.
• Discuss with branches/agencies potential changes to credit structure or other conditions for which credit approval would be granted.
• Assess small E&P companies with loans governed by borrowing bases comprised of oil and gas reserves (Reserve‑Based: ending or “RBL”), taking into account recommendations from independent reserve engineers, Mizuho RBL policy, regulatory guidelines, and basin characteristics.
• Incorporate collateral analysis in credit opinion.
• Present credit approval recommendations to senior management and recommend appropriate internal and regulatory risk ratings for each customer/transaction as required.
• Coordinate with Energy relationship managers and portfolio managers, and engage directly 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 monitor and assess assigned borrowers/industry subsectors, including market data such as share price, EDF, CDS or loan secondary price or other appropriate indices, and report the information and its impact on credits/industries to Senior Management in a timely manner.
• Comply with credit standards, policies, objectives and requirements, and play a strong management role with branches/agencies to ensure they understand and comply with the policies.
• Act as liaison between, gather information (especially on problem customers) from and exchange 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, including the capacity to analyze underlying credit trends and assess credit migration trends and default possibility.
• Experience in the Oil & Gas Industry, including RBL for smaller E&P companies, and non‑IG experience.
• Ability to write well‑organized, accurate, and in‑depth reports based on information gathered (including through the use of AI) and thoughtful cash flow projections.
• Strong multitasking ability to proactively monitor the pool of credits on an ongoing basis to detect potential credit problems early.
• Undergraduate degree in Accounting, Business, Finance, Economics or strong quantitative background.
• Solid time‑management skills and ability to plan and schedule work to meet both long‑term and short‑term time frames.
• Consistent, effective analytical, verbal, and written communication skills, and the ability to present credit packages to decision makers.
• Excellent interpersonal skills, capability to work independently and in teams, and strong knowledge of Mizuho’s credit policies and procedures.
• Proficiency with Capital IQ, Bloomberg, MS Excel, Word, and PowerPoint.
• Formalized credit training from an accredited financial institution (6+ years experience) and proficient financial modeling skills.

Salary and Benefits

Expected base salary ranges from $95,000 – $115,000. Salary offers are based on factors such as relevant skills, training, experience, education, certifications, licenses, and market and organizational considerations. In addition to salary, a generous employee benefits package is offered, including Medical, Dental and 401(k) plans. Successful candidates may also receive a discretionary bonus.

Hybrid Working Program

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

EEO Statement

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.