VP Credit Analyst - Energy

Corporate & Structured Products Credit Team Member

The Corporate & Structured Products Credit (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.

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 VP must possess a good understanding of the Energy Industry (Oil & Gas and / or Power & Utilities) 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 include :

• 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 (CARs). Discusses with branches / agencies potential changes to credit structure or other conditions for which we would grant credit approval.
• Assesses valuations of E&P reserves for loans governed by borrowing base (reserve based lending, 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.
• 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 include :