Asset Management & Stratum - Leverage Finance - Associate

Date: 8 Jul 2024

Location: London, GB

Company: Mizuho

Who are we?

We are not your typical financial institution. It’s our people who make us a cut above. Here, every person is respected because of their differences, not in spite of them.

We pride ourselves on a culture of purpose, passion and compassion. At Mizuho, we provide the stability of an international industry leader with the career trajectory of a growing business. Our steady, strategic growth gives our people at all levels rewarding degrees of responsibility and a richer work experience than a boutique firm or an established giant could offer alone.

Working for Mizuho opens doors not just to a rewarding career with excellent prospects, but to lasting friendships with colleagues from diverse cultures. It’s the local expertise of our employees that makes our global network so powerful. By collaborating with colleagues and clients who have your same ambition, you can amplify your sphere of influence and base of knowledge as part of one of the largest—and growing—banks in the world.

What is the opportunity?

  • Mizuho’s Leverage Finance team is a leading participant in the European leveraged loan market, with a strong reputation, broad access to new deal flow and a substantial balance sheet dedicated to the asset class.
  • The Asset Management team & Stratum executes Acquisition Finance transactions as a participant / investor for Private Equity and Corporate clients. The team also proactively manages the teams associated loan portfolio mainly consisting of leveraged loans across a variety of sectors. As well as managing over $7.4bn of exposure on the balance sheet the team also manages 9 funds with $2.7bn of AUM on behalf of third party investors through their fast growing managed account platform (Stratum).
  • The ideal candidate for this role is a self-motivated, highly numerate individual with a customer centric mindset. A solid foundation in credit skills and proficient at financial modelling and sensitivity analysis are also essential.

What will you be doing?

  • Actively manage own portfolio of LBO, corporate cross-over and infra deals as required.
  • Identify any underperforming assets early and provide recommendations on strategy to senior management.
  • Liaise with clients, credit and other syndicate banks.
  • Provide day-to-day control and support for new investments on mainly LBO deals.
  • Assist in all aspects of the deal process: including financial modelling, credit & legal analysis, and presentations to relevant committees and deal administration.
  • Develop/strengthen relationships with key portfolio clients.
  • Work closely with middle and back office(s) to ensure accurate and timely booking and ongoing management of loan facilities. As well as other compliance processes.
  • Provide credit and operational support to Stratum vehicles (Managed Account Platform).
  • Provide general support to other team members where required.

What do you need to succeed?

Experience:

  • 3-5 years of relevant experience in the European Leveraged Finance market or similar credit related area.
  • Demonstrates strong communication and presentational skills.
  • Highly numerical and capable of building and using cash flow model.
  • Credit skills with exposure to a wide range of business sectors across all relevant European jurisdictions.
  • CFA  qualification is recommended.

Job Skills:

  • Technical understanding of the market
  • Strong communication, motivation and flexibility
  • Ability to remain calm and balanced under pressure
  • Sound and effective judgement
  • Ability to solve problems and make decisions
  • Capacity to multi-task

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 (increasing with service)
  • 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 are committed to supporting equality and diversity, 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 – recruitment@mhcb.co.uk and we will be happy to help.