Credit Portfolio Manager - Securitization, Director
At a glance
Director-level Investment & Corporate Development role at Mizuho. New York · full-time · $165,000–$235,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Track risk across securitization funding facilities, using portfolio measures and collateral performance to spot credit deterioration
- Build monitoring plans for private ABS deals, including financial reviews and cash-flow models of capital structures
- Set portfolio limits through stress tests and scenarios, then check exposures against the firm’s risk appetite
- Review deal documents and reflect covenants, trigger events, payment priorities and transaction structures in risk models
- Prepare portfolio reports for senior leaders and regulators, raise credit concerns, and improve risk data reporting with deal and data teams
What you bring
- A bachelor’s degree in finance, business administration, computer science, economics or another listed field
- At least eight years of credit-risk analysis on ABS, including knowledge of asset origination, servicing and ABS financing markets
- Substantial structured-finance transaction experience, with hands-on ability to analyze collateral, model deals and interpret legal structures
Who this fits
This director-level role suits an experienced ABS credit-risk professional who can assess complex securitizations and work with quantitative analysis. The position is based in New York and operates under a hybrid program, with office expectations varying by role and department.
From the employer
About the Team
The Credit Portfolio Management (“CPM”) team is responsible for managing enterprise credit risk across the Commercial and Investment Bank. The team sets firm Risk Appetite and executes portfolio stress-testing, concentration risk management, identification of emerging risks, and comprehensive industry / sector credit analyses. CPM provides proactive monitoring for obligors and sectors utilizing various market indicators to support Credit Risk Management decision making across Mizuho.
CPM supports sound credit risk decision-making by providing tools to proactively monitor risk. The team is organized into three pillars:
Portfolio Management, including Risk Appetite and Concentration Limit setting
Data Management and Reporting
Industry Research
Summary
CPM is seeking a Director-level candidate to support the Head of Credit Portfolio Management with risk management of Mizuho’s ABS and Securitization portfolio.
Responsibilities
Evaluate and monitor the risk characteristics of a portfolio of Securitization funding facilities. Work with Front Office and Credit Risk to develop additional quantitative and analytical tools to enhance portfolio management.
Develop and execute comprehensive ongoing monitoring plans on private ABS transactions utilizing financial analysis and capital structure cash flow modeling. Work with Risk Analytics to develop and conduct portfolio stress tests for senior risk and business management.
Review and interpret legal documentations to ensure accurate implementation of financial covenants, trigger events, priority of payments and deal structure in risk modeling.
Assess the risk involved in highly complex structured transactions and proactively monitor portfolio (risk metrics, compliance with financials covenants, etc.) and underlying collateral performance to identify credit migration.
Establish portfolio limits through stress testing and scenario analysis and measure product compliance with firm Risk Appetite.
Provide risk metrics, data, and analytical support for new and existing Securitization funding facilities backed by various asset classes including consumer auto, credit card, student loan, aircraft, and commercial loan & lease. Oversee risk model development, stress testing, and loss assumptions for securitization portfolio.
Generate reports as required to highlight portfolio metrics for senior management and external regulators and escalate credit concerns to senior risk managers.
Work with various deal and data teams on database/technology and automation solutions to ensure credit risk positions are accurately reported in credit systems.
Qualifications
Bachelor’s degree with major in Finance, Business Administration, Computer Science, or Economics.
8+ years of related work experience in credit risk analysis of ABS products including a demonstrated understanding of asset origination and servicing and ABS financing markets.
Significant experience with structured finance transactions. Comprehensive hands-on knowledge of securitization collateral analysis, deal modeling, and legal structures.
Technical Skills: Strong knowledge of Microsoft office products including Excel, Word and PowerPoint. Programming and transaction modeling skills using Excel and VBA a plus.
Prior experience with Structured Finance deal modeling solutions such as Moodys, Intex, or similar portfolio risk platforms.
Strong analytical and quantitative skills demonstrating the ability to assimilate new information, understand complex topics, and arrive at sound analysis and judgment.
Proactive, self-starter who requires minimal supervision. Demonstrated drive to improve, learn, research, and resolve issues independently and/or with others on team.
Excellent communication skills, both oral and written, and interpersonal skills.
Ability to manage multiple tasks and thrive in a fast-paced team environment.
The expected base salary ranges from $165,000 - $235,000. 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, including Medical, Dental and 401K plans, successful candidates are also eligible to receive a discretionary bonus.
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.