Credit Administration Unit

Mizuho•New York, NY

2d•Hybrid

About The Position

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.

Requirements

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).
Familiarity with Pivot Tables and V Look-up.
Able to multi-task in a fast-paced environment and a team-oriented person.

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.
Perform other work-related duties as assigned.
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”.