Summary
The Assistant Vice President is responsible for supporting VP or above in all administration and operational aspects of the middle office functions. The functions include but are not limited to processing new, renewed, amended and restructured loan / letter of credit facilities. Also, assist with policies and procedures, direct participation during audits and designated special projects.
Responsibilities
- Support and provide guidance to junior staff performing daily functions related to the facility booking process.
- Detail review and understanding of credit agreements to accurately identify pricing terms, transaction structure, and key operational details, ensuring alignment with system inputs (e.g., ACBS / Loan IQ) and banking procedures –
- Create and/or review documentation related to operational processes in the Credit Administration Unit - CAU (i.e. FIS, Administrative Questionnaires, etc.).
- Have a clear understanding of time sensitive loan funding requirements, ensuring internal credit approvals, executed credit agreements, and condition precedents are received timely.
- Prepare and process all loan modifications with a clear understanding of supporting documentation.
- Provide Business Promotion Units and other Mizuho units with a contact point to discuss open issues, pending transactions and provide guidance in all operations related to CAU activities.
- Act as a liaison between the Business Promotion and Loan Administration Units.
- Ensure that all processes related to facility management are completed in a timely fashion.
- Maintain / generate reports to Operations management, the Head Office and other divisions as required.
- Support the efforts of the VP and above with maintaining / generating reports as required.
- Participate in all efforts related to business continuity and audits.
Compliance
- Obtain a basic understanding of the applicable rules and regulations that govern the Bank. Understand that all questions and/or clarification about such rules and regulations should be directed to the Americas Legal and Compliance Department. Attend Annual Compliance Training presented by the Americas Legal and Compliance Department. Read and respond as necessary to all compliance-related reference and directive materials received. Comply with the Bank’s “Code of Conduct”.
Qualifications
- BA or 5 years of experience in commercial loan operations, credit administration, or a related area within Financial Services.
- Strong understanding of credit agreements – ability to read and interpret sections related to pricing, definitions, and transaction structure.
- Effective communicator – ability to deal effectively with Customers, Account Officers and other bank personnel.
- Must be detailed oriented, possess leadership, organizational and communication skills.
- Strong computer knowledge (Microsoft Word and Excel).
- Able to multi-task in a fast-paced environment and a team-oriented person.
The expected base salary ranges from $75,000 - $120,000. 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, successful candidates are 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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Top Skills
What We Do
This is not your typical financial institution. It’s our people who make us a cut above. Here, every person is respected because of their differences, not in spite of them. We pride ourselves on a culture of purpose, passion and compassion.
At Mizuho, we provide the stability of an international industry leader with the career trajectory of a growing business. Our steady, strategic growth gives our people at all levels rewarding degrees of responsibility and a richer work experience than a boutique firm or an established giant could offer alone.
Working for Mizuho opens doors not just to a rewarding career with excellent prospects, but to lasting friendships with colleagues from diverse cultures. It’s the local expertise of our employees that makes our global network so powerful. By collaborating with colleagues and clients who have your same ambition, you can amplify your sphere of influence and base of knowledge as part of one of the largest—and growing—banks in the world.
We’re all global citizens, and that’s why our company feels compelled to make an impact through more than just drawing up deals. We prove that it’s possible to do well and do good. We do right by our clients, our community and each other.
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