Corporate Credit - Real Estate

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.

About the Team:

The Corporate & Structured Products Credit (CPSC) Real Estate team is responsible for credit analysis conducted in connection with approval of credit transactions and ongoing monitoring of real estate related industries, including REIT and home building. Clients are diversified across multiple sub-sectors and niche markets. This position provides (i) a great opportunity to cover challenging credits in the real estate space, (ii) strong visibility with senior and executive management, and (iii) exciting career growth prospects.

• Reviews/assesses credit applications from branches/agencies.
  
• Provides effective analysis of credit including credit worthiness of the applicant, loan structure, risk return, the applicant's operating, financial and industry profiles including historical profit and loss performance, financial condition and cash flow.
  
• Creates various types of projection/enterprise valuation/recovery/other financial models, commenting on the reasonableness of assumptions in both management and Mizuho's sensitivity cases.
  
• Compares the prospective borrower to its peers and summarize industry trends.
  
• Prepares accurate, clear, well-organized and complete written summary analysis (credit opinion) with recommendation for approval or decline. Discusses with branches/agencies potential changes to credit structure or other conditions for which we would grant credit approval.
  
• Through a careful analysis, recommend appropriate risk rating for each customer/transaction as required.
  
• Conduct comprehensive annual review and quarterly review of each customer.
  
• Directly engages 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 including market data such as share price, EDF, CDS or loan secondary price or other appropriate indices and reports the information and its impact on credits/industries to senior officers in a timely manner.
  
• Complies with credit standards, policies, objectives and requirements. Plays strong management role with branches/agencies to ensure they understand and comply with the policies.
  
• Acts as liaison between, gathers information (especially on problem customers) from and exchanges views withbranches/agencies/otherCredit Departments and senior management regarding issues related to credit applications, monitoring, analysis, standards and policies.
  

• Demonstrates strong industry knowledge and information on key industry players within the real estate, home building, and engineering & construction industries.
  
• Exhibits a capacity to analyze the underlying credit trends, including the competence to accurately assess credit migration trends and default possibility of the borrowers.
  
• Aptitude to write well organized, accurate and in-depth reports based on information gathered and 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.
  
• Advanced knowledge of Excel and experience with building comprehensive cash flow projection model.
  

• 6+ years of credit-related experience - banking experience preferred.
  
• Degree in Accounting, Business, Finance or Economics with strong quantitative background.
  
• Strong time management skills.
  
• Ability to plan and schedule work to meet both long- and short-time frames.
  
• Consistently demonstrates effective negotiation, as well as verbal and written communication skills. Ability to present credit opinion to decision maker.
  
• Excellent interpersonal skills.
  
• Capable of working well independently and as part of the team.
  
• Effectively analyzes and solves problems/issues.
  
• Proficiency with Capital IQ, Bloomberg, MS Excel, Word and PowerPoint
  
• Formalized credit training from an accredited financial institution and proficient financial modeling skills.