Assistant Vice-President/Vice President, Credit Review Department

  • Competitive
  • Singapore
  • Permanent, Full time
  • Mizuho Bank
  • 21 Sep 17

Credit Review Department-Asia & Oceania Representative - Credit Review Department-Asia & Oceania Representative

Company Profile
Mizuho Bank, Ltd. is a subsidiary of the Japan-based Mizuho Financial Group, Inc. (listed on the Tokyo Stock Exchange and NYSE) and is one of the largest financial services companies in the world. Mizuho Bank, Ltd. provides financial and strategic solutions for the increasingly diverse and sophisticated needs of its clients with offices located in all the major cities of the world such as Tokyo, New York, London, Hong Kong and Singapore.

Overview of Division/Department
The Credit Review function exists to provide assurances to the Board of Mizuho that public statements made by the bank relating to asset quality are accurate. Our Asia Oceania Credit Review Representative's main function is to ensure that branches comply with the Bank's credit policy and procedures when extending credit to customers and the team essentially conduct on-site and off-site credit reviews with a focus to cover the entire credit profile and associated processes of Mizuho's operations in Asia Oceania

Job Responsibilities
(Internal Corporate Title: Manager)
Your key roles & responsibilities include:

  • Carrying out duties both on-site reviews (in all credit initiating divisions, branches and subsidiaries across Asia Oceania), off-site reviews (by means of Head Office sampling), and various special reviews based on a variety of themes as appropriate.
  • Assisting in the planning and preparation prior to the start of credit reviews, as directed.
  • Reviewing structure of loans and other types of credit facilities, financial performance of borrower &/or guarantor, economic and industry operating environment as well as other relevant credit risk factors.
  • Assessing accuracy of credit ratings based on credit related procedures and recommend rating changes
  • Identifying deficiencies in credit processes.
  • Ensuring compliance with bank's lending policies & procedures and regulatory guidelines.
  • Discussing potential issues within Credit Review Division ("CRD"), and with account officers and International Credit Division, if necessary.
  • Reaching a valid conclusion regarding the risk profile and adequacy of the final results.
  • Preparing review reports containing the results of the credit review based on CRD's Policies & Procedures ("P&P").
  • Ensuring consistency in the application of the risk rating process and risk evaluation through the various business units of the bank & its subsidiaries.
  • Participating in the review of Self-Assessment results.
  • Recommending changes to bank's lending policies and CRD's P&P proactively and as needed.
  • Maintaining current knowledge of all policies and procedures related to lending, credit rating and problem loan monitoring..
  • Recommending changes to bank's lending policies and CRD's P&P proactively and as needed.
  • Maintaining current knowledge of all policies and procedures related to lending, credit rating and problem loan monitoring.
  • Maintaining current knowledge of developments in the industry and regulatory environment. Keep abreast of topical issues and new or pending laws/regulations that may affect banking, in general and credit review, directly.

Job Requirements
What you should have:
  • A Bachelor's Degree in Finance, Economics, Accounting or Business Administration with at least 8-10 years of experience in credit review, lending and/or credit administration with financial institutions.
  • Knowledge of a variety of products such as: Corporate Credit, Acquisition Financing, Project Finance, Real Estate Finance, Trade Finance, Leasing, Securitization, Derivatives; willingness to learn new credit products.
  • Strong credit analysis and writing skills as well as proficient in MS Office applications
  • Willing to travel when required
Join Mizuho Bank, Ltd., in Singapore, and be part of our expanding team, passionate to build the future together. "One MIZUHO: Building the future with you"