Open roleExternal
Credit Risk - Project Finance, Vice President
- london, england, United Kingdom
- Permanent·Hybrid
- Part time
- £70 - £110 Per Hour
Job Description
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EMEA CIB Credit Risk (CIB CR)’s principle responsibility is to maintain and monitor the quality of that part of the lending book falling within its jurisdiction of EMEA (Europe, Africa and the Middle East), in accordance with Bank policy and the procedures contained in standard instructions. This role will support this activity and sit within Group 3 of the CIB CR team. Group 3 comprises two teams, primarily responsible for (1) Emerging Markets Financial Institutions, Sovereigns and Government Related Enterprises, and (2) Real Assets Financing which includes Project Finance, Infrastructure Finance and Real Estate Finance.
Specifically, CIB CR will:
- Approve credit / risk lines up to the approval level of the General Manager / Department.
- 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
- As a primary responsibility to carry out a thorough analysis of credit and rating applications for new transactions and reviews (incl. where needed for restructurings) for project finance transactions. This includes broad spectrum of sectors, among others, conventional power generation, renewable power generation, water processing plants, natural resources projects (upstream, midstream, downstream, refineries, petrochemical plants), transportation infrastructure, social and accommodation infrastructure. In addition, it includes also battery storage facilities and digital infrastructure and various other alternative infrastructure assets.
- Responsibilities include also review and analysis of related due diligence reports (financial, market, legal, technical, where necessary).
- Based on this, prepare credit reports and recommendations to Senior Management enabling a final credit judgment to be made and ensure that transactions comply with respective credit policies. Where necessary, in order to gain a better understanding of the credit, attend bank meetings and / or make on-site visits.
- Proactively monitor developments across allocated product and industry sectors identifying major risk factors and, after investigating any adverse developments that may affect existing clients and/ or 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 ad-hoc basis.
- Effectively liaise with, and provide guidance to the business side on all credit related matters.
- Together with the Team Lead to act as a direct interface between CIB CR and the respective front office origination and portfolio management teams.
Qualifications, Skills, and Experience
- Advanced credit analysis and research skills (including cash flow analysis and financial modelling), ideally gained in a mainstream-banking environment.
- Experience of lending to and analysing of project finance propositions in EMEA region.
- Desire, willingness and ability to expand responsibility for analysis and review of other areas like infrastructure finance and real estate finance.
- Solid understanding of financial markets.
- Ability to fully 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.
- 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 into emerging markets (Eastern Europe, Middle East, Russia, Africa)
- Knowledge of EMEA legal and regulatory systems.
- 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’s methodologies.
Core Competencies:
- Be a self-starter and team player.
- Be able to deliver under tight deadlines and various timelines.
- Ability to work on multiple transactions and ability to prioritize.
- Ability to work under pressure.
- Demonstrate rational and problem solving attitude.
- Attention to detail and storing organizational skills.
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
- Core working hours*
- Hybrid working - office and home based*
- Virtual GP
- Wellbeing benefits, including Mental Health Allies and First Aiders
*For applicable roles only