Credit Risk Vice President

London - UK

Monthly Salary: Not Disclosed

Posted on: 19 hours ago

Vacancies: 1 Vacancy

Job Summary

Profile Summary

The Risk Management Department at Mizuho EMEA is responsible for delivering an independent assessment of the risks taken across all the business activities of Mizuho EMEA and the revenue generated in relation to these risks. It is also responsible for implementing a risk management framework consistent with the risk appetite and capacity of resources in agreement with the EMEA CIB strategy and senior stakeholders of Mizuho Group. The department is led by the Chief Risk Officer and is made up of the following teams:

Credit Risk Management
Market Risk Management
Contingent Risk Management
Regulatory & Liquidity Risk Management
Operational Risk Management
Quantitative Risk
Stress Testing
Risk Management Planning

Duties and Responsibilities

Evaluating the firms exposure to credit risk providing detailed analysis and recommendations in conjunction with the firms risk appetite across all counterparties and products.
Assessing counterparty credit risk and performing reviews across Fis; NBFI (including Hedge Funds; Insurance companies; SSA and other investment funds) in line with the departments review cycle.
Undertaking country and sovereign reviews on a regular basis and deal with ad-hoc limits requests.
Evaluating new business proposals and one-off transactions approvals providing detailed analysis and recommendations.
Input into various risk reports and investigating exposure discrepancies and limit breaches.
Where necessary liaising with Head Office for limits approval.
In conjunction with Front Office management and the Senior Credit Officers assessing the allocation of limits across products.
Liaising with the Legal Department and opining on the credit terms in relevant documentation for traded products including ISDA/CSA and GMRA agreements.
Reviewing daily credit news and rating actions to ensure that risks are managed effectively and appropriate actions are taken promptly.
The role will demand a hands-on approach with the individual required to follow the credit approval process through from beginning to end. This will include dealing with all of the administration side of approval and credit assessment process.

Qualifications Skills and Experience

Demonstrated Investment banking credit analysis experience on full spectrum of financial institutions.
Good working knowledge of trading room products including: derivatives repo fixed income cash trading and FX.
In depth understanding of credit risk frameworks risk appetite and exposure reporting.
Analysis of one-off trades and experience of investment banking products with the ability to understand associated risks in bespoke transactions.
Country and Sovereign risk analysis
Hedge funds credit analysis and markets standards practice
Presenting and recommending credit applications to senior management and committee forums.
Numerate and possessing good presentational skills (written and spoken)
Willing to cover a wide range of activities some of which are procedural
PC skills: good working knowledge of MS Office (Power Point Word and Excel) and Bloomberg
Think Strategically / Outside the confines of the credit risk analysis when assessing a deal.
Participate to client meetings.
Perform with minimum / no supervision.

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

At Mizuho we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect collaborate and work together in agile ways to meet all our business needs.

At Mizuho we are committed to supporting equality diversity and equality and seek to create a workplace that is fully inclusive. We welcome applications from all sections of the community that we operate in and from all ethnic backgrounds sexual orientation beliefs gender identities and disabilities.

If you require more information about our equal opportunities policy or wish to discuss any accessibility requirements or reasonable adjustments please contact the recruitment team and we will be happy to help.

Required Experience:

Exec

Profile SummaryThe Risk Management Department at Mizuho EMEA is responsible for delivering an independent assessment of the risks taken across all the business activities of Mizuho EMEA and the revenue generated in relation to these risks. It is also responsible for implementing a risk management fr...