Corporate Credit Risk Associate Director

Date: 13-Apr-2021

Location: London, GB

Company: Mizuho

We are currently recruiting for a Corporate Credit Risk Associate Director

 

Profile Summary:


A front office customer facing role to principally provide a full support function to the Industry Relationship Manager Team’s by supporting the Senior Director managing the Corporate Credit Risk (“CCR”) Department and the respective Credit Analysts within CCR, including but not limited to administering a portfolio of corporate clients spread across the following industry sectors: Technology & Services; Energy & Utilities; Consumer & Healthcare; Financial Institutions Group. The role involves customer covenant monitoring, portfolio administration and any inter-departmental, branch-to-branch and / or head office liaison and reporting.

 

Duties and Responsibilities

  • Overseeing the full credit analysis for amendment, renewal and credit applications for a specific assigned industry sector portfolio;
  • Assist with overall general portfolio management and reporting duties – this entails day-to-day administration of a number of clients within the Departments portfolio;
  • Assist in processing documentation covering loan sale process and loan purchase process in secondary loans market, both for syndicated and bilateral corporate loan agreements;
  • Undertake and manage all periodic reporting to head office departments in respect of any credit approval linked conditions & instructions that require subsequent action, e.g. quarterly reporting on customer trading results;
  • Information and financial covenant registration and monitoring (customer compliance with covenant testing dates);
  • Performance of and subsequent ongoing management of all required administrative workflow streams within CCR, to include: registration of customer mandates, customer Standards
  • Settlement Instruction’s (SSI’s); and inputting of approved loan limits in to Mizuho’s systems;
  • Undertake client on-boarding and annual client reviews from a anti-money laundering / know-your-customer perspective, to include client registration and account opening;
  • Initiating the booking of loans / facilities with other Branches and / or from other Branches, and overseeing the process to ensure timely execution;
  • Processing of all client requests ensuring the bank’s systems are updated in respect of static and non-static data (e.g. client contact details, address information)
  • Documentation registration, filing and maintenance;
  • Assist in any ad hoc / project related work that may be assigned;
  • Assist Credit Analysts in credit monitoring, which may include preparing reports;
  • Initiate all loan or treasury product facility registration workflows, account maintenance workflows, ensuring these are acted on in a timely manner;
  • General support to the wider team.

 

Qualifications, Skills and Experience

 

Essential

 

  • Minimum of at least 2-years experience in a Financial environment, preferably in banking
  • Strong writing and communication skills required to be able to liaise with internal stakeholders / other Departments within the Bank
  • Minimum 2 ‘A’ Levels or equivalent
  • Good understanding of how syndicated loans work and a fair understanding of legal contract documentation
  • Fair understanding of Treasury products, i.e. Forex trades and Derivatives (Interest rate Swaps and Cross Currency Swaps)
  • Fair understanding of the concept of Multi National Corporate’s (MNC’s)

 

Desirable

 

  • Knowledge of credit risk analysis: business risk analysis, financial risk analysis, industry sector analysis and peer comparisons
  • Ability to spread audited and / or management financial accounts and prepare forecasts
  • Degree qualified or equivalent

 

We offer equal employment opportunities to all, promote diversity and inclusion and do not tolerate discrimination or harassment of any kind, including on the grounds of gender, nationality, race, age, ethnic origin, religion, disability, sexual orientation, or gender identity.
Please note that whilst we are able to consider applications from overseas workers from outside the EEA, i.e. those who require a Tier 2 (General) visa, we can only employ them if we can provide evidence that there are no other suitable candidates for this vacancy from inside the EEA, in line with UK Government legislation.

 

 

 

Mizuho Bank provides financial and strategic solutions for the increasingly diverse and sophisticated needs of international clients, focusing its efforts on serving major corporations, financial institutions, individuals and public sector entities. A relationship management approach to serving clients enables Mizuho Bank, together with group companies including Mizuho Trust & Banking and Mizuho Securities, to develop customised solutions in areas such as corporate, structured and project finance, transaction banking and risk management. 

With 81 offices outside Japan, Mizuho Bank offers both local experience and the ability to progress careers across its global business network. Mizuho Bank is a subsidiary of the Japan-based Mizuho Financial Group, Inc, one of the largest financial services companies in the world, with total assets of approximately US $1.8 trillion (as of March, 2016). Mizuho London Branch has over 850 employees, Mizuho Bank employs over 27,000 employees and is part of the Mizuho Financial 
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