Corporate Credit Analyst - Oil & Gas

Company: Mizuho Financial Group
Location: New York
Posted on: October 19, 2020

Job Description:

About the Team

The Americas Credit Department is responsible for reviewing and approving all credit-related applications in the Americas. It is also responsible for approving internal ratings of bank customers and continuously monitoring their credit profiles.

Summary

The Credit Department AVP must possess strong credit analysis and communication skills as well as a firm understanding of the Oil & Gas industry and market trends in order to make accurate recommendations to senior management regarding credit requests.

Core Responsibilities

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• Provides effective analysis of credit including, worthiness of applicant, loan structure/key terms, applicant operating profile including historical profit and loss performance, financial condition and cash flow. Compares the prospective borrower to its peers. Considers risks and mitigants. Creates cash flow projections with reasonable assumptions, taking into account economic and industry trends, for Mizuho's base and sensitivity cases.
• Reviews/assesses credit applications from other branches/agencies.
• Prepares accurate, clear, well-organized and complete written summary/analysis (Credit Opinion) with recommendations for transaction approval or decline. Discusses with branches/agencies potential changes to credit structure or other conditions for which we would grant credit approval.
• Presents credit approval recommendations to senior management, including Borrower exposure to maximize risk return.
• Recommends appropriate risk rating for each customer/transaction as required. Conducts comprehensive annual reviews (CARs) of clients.
• Proactively monitors assigned borrowers and assesses their market data such as bond price, EDF, CDS or loan secondary price as well as impact of other early warning indicators. Reports findings and suggested action plan to Senior Management.
• Maintains industry subsector and portfolio information for the team for use in peer comparisons or presentations to Senior Management.
• Supports team on new transactions, CARs, reserve based lending redeterminations, and ratings.
• Complies with credit standards, policies, objectives and requirements.
• With appropriate guidance from management, coordinates with branches/agencies on deal structures, risk appetite, and credit policies as well as issues related to credit applications, monitoring, or industry trends.
• Compliance: Maintains a basic understanding of the applicable rules and regulations that govern the Bank. Understands that all questions and/or clarification about such rules and regulations should be directed to the Legal & Compliance Department in Americas Division. Attends the Annual Compliance Training presented by the Legal & Compliance Department. Reads and responds as necessary to all compliance-related reference and directive materials received. Comply with the Bank's "Code of Conduct".
  
  Qualifications
  
  Proven credit analysis skills and related analytical skills/knowledge/abilities:
  
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  • Exhibits a capacity to analyze the underlying credit trends, 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 in the Oil & Gas Industry.
  • Strong financial modeling capabilities and analysis of historical and projected results.
  • Aptitude to write well organized, accurate and in-depth credit opinions and CARs with thoughtful cash flow projections.
  • Strong multitasking ability to proactively monitor on an on-going basis the pool of credits to detect potential credit problems at an early stage while also conducting CARs and assessing new business.
    
    Other skills:
    
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    • Undergraduate degree in Accounting, Business, Finance or Economics or strong quantitative background
    • Formal credit training from an accredited financial institution (3+ years of experience) and strong financial modeling skills
    • Solid time management skills with ability to schedule work to meet both long term and short term time frames.
    • Consistently effective written and verbal communication skills. Ability to present credit package to decision maker. Communicates what is relevant and important in a clear and concise manner.
    • Excellent interpersonal skills.
    • Capable of working well independently and in teams.
    • Knowledge of credit policies and procedures. Familiarity with regulatory rating requirements.
    • Proficiency with Capital IQ, Bloomberg, MS Excel, Word and PowerPoint
      
      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. Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), which is comprised of offices in nearly 40 countries, approximately 60,000 employees, and assets of more than USD 1.8 trillion. Learn more at mizuhoamericas.com.
      
      Mizuho Bank Ltd. 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 perform pre-employment substance abuse testing.
      
      #LI-MIZUHO

Keywords: Mizuho Financial Group, New York , Corporate Credit Analyst - Oil & Gas, Accounting, Auditing , New York, New York