Credit Review Specialist

4 weeks ago


New York, New York, United States Mizuho Bank Ltd Full time
About the Team

Credit Review provides the Board and bank management with an independent view of the quantity, quality, and direction of credit risk in the America's portfolio.

Job Summary

This position requires an individual with a strong credit analysis background covering corporate borrowers across various industry segments. The ideal candidate will possess the ability to communicate credit risk management weaknesses identified to Credit Review senior management and the line of business, as well as effectively challenge internal and regulatory risk ratings where appropriate.

Responsibilities
  • Conduct independent credit reviews to ensure compliance with Bank policies and procedures as well as adherence with regulatory guidelines.
  • Assess the sufficiency of credit risk monitoring programs, relevant performance covenants, and monitoring guidelines and trigger events.
  • Evaluate borrower financial performance through the assessment of financial statements and credit risk metrics.
  • Determine the accuracy of U.S. Regulatory Classifications and internal risks ratings / Head Office Customer Categorization.
  • Use knowledge of industry best practices, regulatory requirements, and professional experience to identify deficiencies and/or areas of improvement in Mizuho's credit risk management processes, procedures, and policies.
  • Perform regular Risk Assessments for assigned portfolio segments to accurately document Credit Review's current opinion of the quantity, quality, and direction of credit risk in the Mizuho America's portfolio.
  • Perform Continuous Monitoring reviews on assigned portfolio segments to enhance the early detection of credit risk in the Mizuho America's credit portfolio.
  • Draft potential review issues for discussion with relevant Reviewer-in-Charge, Credit Review management, and with review targets as directed.
  • Use portfolio knowledge and expertise to assist in the planning, preparation, and training of review team members prior to the start of review fieldwork as directed.
Policies & Procedures
  • Maintain expertise of the U.S. regulatory environments as required, including topical issues and new or pending laws/regulations that may affect banking and credit review.
  • Ensure consistency in the application of the risk rating process and risk evaluation through the various business units of the bank & its subsidiaries and the compliance of the same with all regulatory guidance.
  • Maintain in-depth knowledge of all policies and procedures related to lending, credit rating, and problem loan monitoring.
  • Maintain in-depth knowledge of assigned portfolio segments as assigned.
  • Maintain a thorough understanding of the bank's compliance rules and regulations in accordance with the directives of Americas Legal & Compliance Department (ALCD) and in compliance with Mizuho's Code of Conduct.
Qualifications
  • Successful completion of a formal financial services credit training program.
  • 7 or more years of credit-related experience with a major financial institution and/or equivalent experience with a U.S. bank regulatory agency (FRB, OCC, etc.).
  • Bachelor's degree in Finance, Economics, Accounting, or Business Administration or equivalent work experience necessary.
  • Ability to work independently with minimal supervision.
  • Able to arrive at creative solutions; a self-starter.
  • Familiarity with a variety of credit products (i.e., corporate credit, acquisition financing, project finance, etc.) and willingness to learn new credit products.
  • Excellent interpersonal and negotiation skills.
  • Excellent verbal and written communications skills.
  • Advanced knowledge of the Microsoft Office suite of products.
  • Some travel required.


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