Credit Analysis - Oil & Gas, Associate

About the Team

The Corporate & Structured Products (CSPC) team is responsible for generating or reviewing and approving all credit-related applications in the Americas, and 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 Oil & Gas Industry and keep abreast of market trends to make accurate recommendations to senior management regarding credit requests.

• Provide effective analysis of credit, including applicant worthiness, loan structure, risk-return, operating profile, industry profile, historical profit and loss performance, financial condition, and cash flow.
• Create cash flow projections and comment on the reasonableness of assumptions in both management’s and Mizuho’s sensitivity cases.
• Compare prospective borrowers to peers, noting industry trends.
• Prepare accurate, clear, well‑organized, and complete written summaries/analyses (Credit Opinion) with recommendations for approval or decline for transactions and comprehensive annual reviews.
• Discuss with branches/agencies potential changes to credit structure or other conditions for which credit approval would be granted.
• Assess small E&P companies with loans governed by borrowing bases comprised of oil and gas reserves (Reserve‑Based: ending or “RBL”), taking into account recommendations from independent reserve engineers, Mizuho RBL policy, regulatory guidelines, and basin characteristics.
• Incorporate collateral analysis in credit opinion.
• Present credit approval recommendations to senior management and recommend appropriate internal and regulatory risk ratings for each customer/transaction as required.
• Coordinate with Energy relationship managers and portfolio managers, and engage directly in external meetings/presentations/events with syndicate banks, rating agencies, clients, law firms and other related parties, in coordination with coverage bankers, other product partners and Mizuho affiliates.
• Proactively monitor and assess assigned borrowers/industry subsectors, including market data such as share price, EDF, CDS or loan secondary price or other appropriate indices, and report the information and its impact on credits/industries to Senior Management in a timely manner.
• Comply with credit standards, policies, objectives and requirements, and play a strong management role with branches/agencies to ensure they understand and comply with the policies.
• Act as liaison between, gather information (especially on problem customers) from and exchange views with branches/agencies/other Credit Departments and senior management regarding issues related to credit applications, monitoring, analysis, standards and policies.

• Proven credit analysis skills and related analytical skills/knowledge/abilities, including the capacity to analyze underlying credit trends and assess credit migration trends and default possibility.
• Experience in the Oil & Gas Industry, including RBL for smaller E&P companies, and non‑IG experience.
• Ability to write well‑organized, accurate, and in‑depth reports based on information gathered (including through the use of AI) and thoughtful cash flow projections.
• Strong multitasking ability to proactively monitor the pool of credits on an ongoing basis to detect potential credit problems early.
• Undergraduate degree in Accounting, Business, Finance, Economics or strong quantitative background.
• Solid time‑management skills and ability to plan and schedule work to meet both long‑term and short‑term time frames.
• Consistent, effective analytical, verbal, and written communication skills, and the ability to present credit packages to decision makers.
• Excellent interpersonal skills, capability to work independently and in teams, and strong knowledge of Mizuho’s credit policies and procedures.
• Proficiency with Capital IQ, Bloomberg, MS Excel, Word, and PowerPoint.
• Formalized credit training from an accredited financial institution (6+ years experience) and proficient…