Credit Officer (Director) at Mizuho Bank in SG

Core Responsibilities:

• Serve as a Credit Officer within the Asia Pacific Credit Department, providing independent credit risk assessment and approvals in line with internal credit policies and risk appetite.
• Lead credit underwriting, review, and approval for Structured Credit / Asset-Backed Lending, with a primary focus on Securitisation (e.g., Auto Loan ABS, RMBS), while also covering (or expanding into) Fund Finance and non-recourse lending depending on business needs and deal flow.
• For Securitisation / Structured Credit transactions, perform end-to-end credit analysis including:
  • review of underlying collateral (asset characteristics, performance history, servicing/operational considerations),
  • cash flow / waterfall analysis, stress testing, and evaluation of triggers and structural protections,
  • assessment of credit enhancement and transaction structure,
  • documentation-related credit considerations and key terms.
• Conduct ongoing portfolio management for approved exposures, including performance monitoring, covenant/trigger tracking, watchlist actions, and escalation of emerging risks.
• Prepare clear and decision-ready credit materials (credit memos, approval packages, monitoring updates) with well-supported recommendations and actionable risk mitigants.
• Partner closely with Front Office and relevant control functions to progress transactions efficiently while maintaining robust independent risk challenge.

Additional / Extended Responsibilities

• Drive deal execution from a credit perspective at Director level, including leading risk mitigation discussions, negotiating key structural protections, and aligning stakeholders toward an approvable outcome.
• Contribute to the continuous improvement of credit frameworks, underwriting standards, and monitoring approaches across securitisation, Fund Finance, and non-recourse / structured lending.
• Support knowledge sharing and capability building within the APAC credit team (e.g., coaching, review, best-practice dissemination).

Job Requirements

Must-have:

• Strong hands-on expertise in Securitisation / Structured Credit with the ability to perform credit evaluation for products such as Auto Loan ABS, RMBS, etc., based on:
  • collateral characteristics and performance history,
  • cash flow modeling / waterfall mechanics,
  • credit enhancement mechanisms,
  • structural features and documentation considerations.
• Solid credit skillset to evaluate Structured Credit / Asset-Backed Lending beyond traditional securitisation.
• Demonstrated ability to form an independent, well-reasoned credit view, articulate key risks, and propose practical mitigants (structure, covenants, triggers, reserves, collateral terms, etc.).
• Strong stakeholder management and communication skills, including the ability to deliver clear written credit analysis and to discuss complex risk topics with Front Office and senior stakeholders.

Nice-to-have:

• Director-level deal management / risk challenge capability: ability to engage with Front Office as a peer, appropriately challenge assumptions, and proactively develop risk mitigation options and landing points.
• Knowledge of interest rate and FX derivatives risks associated with structures such as Fund Finance (e.g., hedging structures, basis risk, CSA/collateralization, counterparty exposure).
• Broad experience across Structured Finance / Product Credit, including Warehouse Finance and NAV Finance.
• High adaptability to new products and asset classes: ability to identify fundamental risks in low-precedent transactions and design a fit-for-purpose underwriting and approval approach.

About Us

Mizuho Bank is the banking subsidiary of Mizuho Financial Group, which is headquartered in Tokyo, Japan. Mizuho Financial Group, Inc. is the 15th largest bank in the world, as measured by total assets of approximately US 2 trillion. Mizuho's 55,000 employees worldwide offer comprehensive financial services to clients in over 800 offices throughout the Americas, EMEA, and Asia.

Mizuho Bank Singapore Branch has an established local presence with over 50 years of history and serves as the regional hub for the bank's APAC operations.

Operating with a Full Bank License, Mizuho Bank Singapore Branch provides banking services to over 2,000 Japanese and non Japanese corporate clients, with a staff strength of about 1,000 employees. We provide expertise in corporate finance, trade finance, cash management, funds transfers, project finance, and treasury services to help businesses develop and find new opportunities. We also collaborate with our affiliate company, Mizuho Securities, to provide investment banking solutions to our clients.