Project Finance Credit - Vice President

Mizuho Financial Group Inc.; New York (NY); Hybrid; USD 115,000 - 185,000; Full time

Benefits offered by this job

Medical

Dental

401K plans

discretionary bonus

Job summary

Mizuho Financial Group, Inc. in New York seeks a Credit Officer for the Project Finance group. You will review credit applications, prepare executive summaries, monitor portfolio performance, and develop financial models to assess risk and return.

You will present recommendations to senior management, engage with banks, rating agencies and clients, and contribute to ongoing credit analysis in a dynamic, cross‑functional environment. Strong quantitative background and MBA/CFA encouraged.

Qualifications

• Proven credit analysis skills in project/structured finance.
• Ability to assess credit trends, structures and default risk.
• Strong written and verbal communication; ability to present to senior management.
• Proficiency with Capital IQ, Bloomberg, Excel, Word and PowerPoint; formal credit training and financial modeling skills.

Responsibilities

• Review credit applications submitted by front office and prepare executive summaries.
• Monitor portfolio performance and ensure accurate credit ratings.
• Create financial models and comment on management and sensitivity assumptions.
• Present credit recommendations to senior management.
• Engage with syndicate banks, rating agencies, clients and law firms as needed.
• Coordinate with other Credit Departments and senior management on issues.

Skills

Credit analysis

Financial modeling

Quantitative analysis

Communication skills

Negotiation

Education

Undergraduate degree in Accounting, Business, Finance or Economics

MBA or CFA is desired

Tools

Capital IQ

Bloomberg

MS Excel

Word

PowerPoint

Job description

About the Team and Position

Project Finance group is responsible for credit analysis/approvals and portfolio management of credits in several sectors including digital infrastructure; oil and gas; power and transmission; renewable energy, transportation; and water and wastewater. This position provides (i) a great opportunity to cover challenging credits in the Project Finance space, (ii) exposure to a variety of industries/sectors iii) strong visibility with senior and executive management, and (iv) exciting career growth prospects.

Responsibilities

• Credit Officer’s main responsibility entails the review of credit applications submitted by the front office (1LoD) and to prepare executive summaries for the management of the Credit Department.
• Monitor performance of credits in the portfolio and ensure credits are rated appropriately.
• 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 engage 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 or other appropriate indices and reports the information and its impact on credits/industries to Senior Management in a timely manner.
• Acts as 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 the underlying credit trends and financial structures, including the competence to accurately assess credit migration trends and default possibility of the borrowers.
• Demonstrates credit skills/ability to accurately identify and evaluate underlying risk elements of the 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 on-going basis to detect potential credit problems at an early stage.
• Undergraduate degree in Accounting, Business, Finance or Economics or 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 package to decision maker.
• 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.

Salary and Benefits

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

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

• Medical
• Dental
• 401K plans
• discretionary bonus

Location & Working Hours

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.

Company Overview

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

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.

Why Mizuho

Mizuho is in growth mode as we are climbing the league tables, disrupting the status quo, and attracting top talent. Positions are available across our corporate functions, and on our corporate and investment banking, capital markets, advisory, research, sales & trading, derivatives, and financing teams. We are looking for candidates who want to contribute to our entrepreneurial culture where people at all levels are inspired to share ideas. Our creativity sets us apart, and our perseverance drives results in creating bespoke, client-focused solutions.