New York, NY
941 days ago
Project Finance – Portfolio Management, Associate

Summary:

Responsible for autonomous oversight of an assigned portfolio of Project Finance transactions with a mix of agency, bilateral and participated accounts covering thermal power, renewable power, infrastructure, oil & gas and mining industries.  Duties include performing agency services and conducting independent analysis of credits, contracts, cash flow and budgets for the purpose of recommending approval, denial or alternate structure while addressing to Management and any credit deviations or concerns.  Duties also include preparing various internal and external reports and audits in adherence of internal policies and procedures.

Principal Duties and Responsibilities:

Agency:

Coordinate the action of the lenders as agent in accordance with the financing agreementsKeep accurate and secured operation with all work completed timely and accurately with proper supervisionProvide good service to the customer and lenders as agentControl conditions precedent, drawdowns and repayments of the assigned transactionsCoordinate the lenders' action for amendment, waver or consent requests.Distribute required information and/or reports of such agent transactions to each participantTake prompt action upon request from the participantsPerform agent duties that require active communication with the sponsor, participants, lawyers, consultants and related partiesCoordinate the action as directed by lender group for distressed transactions (restructuring and/or workout)

Portfolio Management:

Monitor, analyze, and report to Credit and Management of any changes to credit structurePrepare amendment and waiver requests upon analyzing the credit impact on the transactionProvide on-going monitoring of transactions and adjust credit ratings when necessaryPerform credit rating reviews and other periodic internal reporting requirements in accordance with credit policy and proceduresProvide prompt reporting to Management of any adverse changesInteract and maintain relationships with Agent banks and BorrowersCoordinate loan administrative matters with the back officeSupport Origination as required

Administrative:

Maintain credit files, financial files, legal documents and other relevant informationCollect Know Your Customer (KYC) due diligence and Customer onboarding requirementsFollow-up with pending items on the Provisional List, Covenant Checklist and other internal portfolio management tracking systemsInteract and coordinate administrative matters with other departmentsPerform other work-related duties as assigned

Other:

Support Management with Ad-hoc requestsVisit sites and attend bank meetings (domestic and international) as neededWork overtime or during weekend when workload is heavy

Minimum Job Requirements or Experience:

Eligible to work in the USUndergraduate degree required in Finance, Economics, Accounting or Business Administration; advanced degree is a plus – ie MBA, MS or LLM degree3-5 years experience in Agency Services or Portfolio Management supporting Project Finance transactionsAbility to analyze credits, contracts, cash flow models and deal structuresStrong qualitative and quantitative analytical skillsEffective oral and written communication skillsAdvanced PC skills (Excel, Word, PowerPoint, etc.)Spanish bilingual language skills is a plus

Company Overview

Mizuho Americas is a leading financial institution comprising several legal entities, which together offer clients corporate and investment banking, financing, securities, treasury services, asset management, research and more. Mizuho’s operations in the Americas connect a broad client base of major corporations, financial institutions and public sector groups to local markets and a vast global network. Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG), which is comprised of offices in nearly 40 countries, approximately 60,000 employees, and assets of more than USD 1.8 trillion. Learn more at mizuhoamericas.com.

Mizuho Bank Ltd. 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 perform pre-employment substance abuse testing.

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