Credit Analysis - Oil & Gas, Associate

About the team:

The Corporate & Structured Products (CSPC) team is responsible for generating or reviewing and approving all credit-related applications in the Americas. It is also responsible for determining and approving internal ratings of bank customers.

Summary

This position requires an individual who can skillfully serve as a linchpin between the various stakeholders within the branches, agencies and other credit departments. The Credit Department Associate must possess a good understanding of the Oil & Gas Industry and have his/her finger on the pulse of market trends in order to make accurate recommendations to senior management regarding credit requests.

Core Responsibilities

• Provides effective analysis of credit including, worthiness of applicant, loan structure, risk return, applicant operating profile and industry profile including historical profit and loss performance, financial condition and cash flow. Creates cash flow projections, commenting on the reasonableness of assumptions in both management's and Mizuho's sensitivity cases. Compares the prospective borrower to its peers and notes industry trends.
• Prepares accurate, clear, well-organized and complete written summary/analysis (Credit Opinion) with recommendations for approval or decline for transactions and comprehensive annual reviews. Discusses with branches/agencies potential changes to credit structure or other conditions for which we would grant credit approval.
• Assesses small E&P companies that have loans governed by borrowing bases comprised of oil and gas reserves (Reserve-Based :ending, or "RBL") taking into account recommendations from independent reserve engineer, Mizuho RBL policy, regulatory guidelines, and basin(s)/other reserve characteristics. Incorporates collateral analysis in credit opinion.
• Presents credit approval recommendations to senior management.
• Recommends appropriate internal and regulatory risk rating for each customer/transaction as required.
• Coordinates with Energy relationship managers and portfolio managers.
• 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/industry subsectors 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 Management 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 with branches/agencies/other Credit Departments and senior management regarding issues related to credit applications, monitoring, analysis, standards and policies.

Qualifications

Proven credit analysis skills and related analytical skills/knowledge/abilities:

• Exhibits a capacity to analyze the underlying credit trends, including the competence to accurately assess credit migration trends and default possibility of the borrowers.
• Has Oil & Gas Industry and non-IG experience, including RBL for smaller E&P companies.
• Demonstrates credit skills/ability to accurately identify and evaluate underlying risk elements of the borrowers.
• Aptitude to write well organized, accurate and in-depth reports based on information gathered (including through the use of AI) 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.

Other skills:

• Undergraduate degree in Accounting, Business, Finance or Economics or strong quantitative background.
• Solid time management skills to complete own work and support senior team members.
• Ability to plan and schedule work to meet both long term and short term time frames.
• Consistently demonstrates effective analytical, verbal and written communication skills. Ability to present credit package to decision maker.
• Excellent interpersonal skills.
• Capable of working well independently and in teams.
• Strong knowledge of Mizuho's credit policies and procedures.
• Effectively analyzes and solves problems/issues.
• Proficiency with Capital IQ, Bloomberg, MS Excel, Word and PowerPoint
• Formalized credit training from an accredited financial institution (3+ years experience) and proficient financial modeling skills.

The expected base salary ranges from $95,000 - $115,000. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, including Medical, Dental and 401K plans, successful candidates are also eligible to receive a discretionary bonus.

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Other requirements

Mizuho has in place a hybrid working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations. Roles in some of our departments have greater in-office requirements that will be communicated to you as part of the recruitment process.

Company Overview

Mizuho Financial Group, Inc. is the 15th largest bank in the world as measured by total assets of ~$2 trillion. Mizuho's 60,000 employees worldwide offer comprehensive financial services to clients in 35 countries and 800 offices throughout the Americas, EMEA and Asia. Mizuho Americas is a leading provider of corporate and investment banking services to clients in the US, Canada, and Latin America. Through its acquisition of Greenhill, Mizuho provides M&A, restructuring and private capital advisory capabilities across Americas, Europe and Asia. Mizuho Americas employs approximately 3,500 professionals, and its capabilities span corporate and investment banking, capital markets, equity and fixed income sales & trading, derivatives, FX, custody and research. Visit www.mizuhoamericas.com.

Mizuho Americas offers a competitive total rewards package.

We are an EEO/AA Employer - M/F/Disability/Veteran.

We participate in the E-Verify program.

We maintain a drug-free workplace and reserve the right to require pre- and post-hire drug testing as permitted by applicable law.

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