Credit Analyst - AVP

Date: 12 May 2024

Location: London, GB

Company: Mizuho

We are recruiting for a Credit Analyst to join the Europe Credit Department as an Assistant Vice President

 

Profile Summary

The position will be focused on non-bank financial institutions (Insurers, Investment Funds, Asset Managers among others). However, the successful candidate would also receive exposure to other sectors.  

Europe Credit Department’s principle responsibility is to maintain and monitor the quality of that part of the lending book falling within its jurisdiction (Europe, Africa and the Middle East), in accordance with Bank policy and procedures.  
 
Specifically, EUCR (Europe Credit Department) will:
•    Approve credit / risk lines.
•    Review and provide a recommendation to Head Office or the Head of Region on credit requests above the approval level of the Department.
•    Review and monitor the loan portfolio to maintain a balanced and quality driven asset base. 
•    Disseminate and ensure compliance with bank credit policy, regulatory requirements and local laws.
•    Act as a point of reference and maintain a constructive and supportive relationship with the Branches for all credit and lending related matters.
 
The ideal candidate for this role is delivery focused with a thorough understanding of credit analysis techniques, and an excellent track record of analysing information to present sound recommendations.
 
Duties and Responsibilities
•    To carry out a thorough analysis of credit applications and, based on this, prepare credit reports and recommendations to Senior Management enabling a final credit judgment to be made. Where necessary, in order to gain a better understanding of the credit, attend bank meetings and / or make on-site visits.
•    Monitor developments across allocated product and industry sectors identifying major risk factors and, after investigating any adverse developments that may affect existing clients / quality of book, bring these to the attention of Senior Management.
•    To conduct credit reviews and assess internal ratings on a regular as well as an adhoc basis.
•    Effectively liaise with, and provide guidance to the business side on all credit related matters.

 

 

Qualifications, Skills and Experience

 

Essential

•    Prior exposure to NBFIs (Non-Bank Financial Institutions) would be preferable. 
•    Advanced credit analysis and research skills (including cash flow analysis / modelling) ideally gained in a mainstream-banking environment.
•    Experience of lending to and analysing major corporate finance propositions in the EMEA region (LBO, project, structured or asset-backed experience also beneficial but not essential)
•    Ability to adequately understand and interpret balance sheets, P&L accounts and cash flows
•    Good oral and written communication / presentation skills and ability to communicate at all levels 
•    Computer literate on Microsoft Word, Excel and Powerpoint
•    Ability to work in a time constrained and cross cultural environment
 
Desirable (useful but not essential):

•    Degree educated with an ability to learn quickly
•    Previous formal credit control experience or some form of formal credit and / or accountancy training.  
•    Experience of lending to non-bank financial institutions
•    Knowledge of EMEA legal and regulatory systems, especially those related to Insurance / Fund entities
•    Knowledge of the Mizuho Bank culture, philosophy, structure and policies (including rating systems and procedures and lending / pricing guidelines).
•    Knowledge of a European language 
•    Knowledge of Rating Agency methodologies.
 
 

 
At Mizuho, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.
 
At Mizuho we are committed to supporting equality, diversity and equality, 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

 

 

 

 

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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