Investment & Corporate Banking ABS Origination Associate

Banking Americas

Mizuho’s Banking Division provides corporate and investment banking coverage, sponsor coverage, advisory and solutions and loan capital markets/syndicate to Mizuho’s client base of leading international corporations, financial institutions and public sector entities in the US and Canada. 

Banking supports client business activities throughout the region with an extensive range of capital markets and lending capabilities and an integrated team of coverage, advisory and product bankers responsible for client relationship management and strategic transaction development to execute banking and securities mandates and originate idea generation for potential acquisitions, divestitures and investment opportunities. 

Job Summary:

An Associate position on Mizuho’s ABS Origination team based in New York which is part of the Securitized Products Origination team.  The team is responsible for the origination, marketing, and execution of all primary market ABS offerings issued by the Bank’s clients in the US for both public and private transactions.  The team works in partnership with the Banking Americas relationship coverage teams aligned across industry sectors as well as Mizuho’s Securitization Products team.  Mizuho’s ABS team touches a wide range of consumer and commercial asset classes including automobile and equipment loans, leases, and floorplan, consumer and commercial credit cards, student loans, personal loans, solar loan and leases, home improvement loans, handset receivables, and other asset classes.

Our clients include leading captive and independent financial companies, banks, and corporates in both the US and abroad. Our group regularly collaborates with analytics, trading, sales, syndicate, derivatives, corporate banking and investment banking professionals across the organization.  An Associate on the team will have the opportunity for a deep level of engagement in all deal and pitching activities across our entire client base.

Mizuho is consistently a market leader in both traditional and non-traditional ABS asset classes.

Role Description:

• Support all aspects of the ABS new issue origination and execution processes for Mizuho’s client base
• Provide clients with updates on market pricings, news, and trends and how these affect their access to the markets
• Work with our trading and syndicate desks on rate views, product management and deal execution
• Prepare client presentations and other materials
• Perform collateral analysis using Excel, Intex, CAS, and VBA on different types of asset pools, including but not limited to auto loans/leases, credit cards, student loans, and equipment loans/leases
• Develop rating agency materials and presentations to support the transaction’s rating
• Review structuring models and prepare transaction analytics
• Develop materials for the sales and syndication process
• Respond to investor inquiries and aggregate investor feedback
• Perform company, industry and asset research
• Develop advanced Excel, PowerPoint and ABS modelling skills
• Participate in client meetings

The expected base salary for this role will be in the range of $175k-$225k. 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, successful candidates are eligible to receive a discretionary bonus.

Applicants must be currently authorized to work in the United States on a full-time basis. Mizuho does not sponsor applicants for work visas or offer any employment-based immigration sponsorship for this position.  This includes, but is not limited to, any sponsorship or administrative assistance or execution of any documentation related to F-1 (CPT/OPT/STEM OPT), TN, O-1, E-3, H-1B1 or H-1B application.

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Greenhill & Co., Inc., part of Mizuho Americas, is focused on providing financial advice on significant mergers, acquisitions, restructurings, financings and capital raising to corporations, partnerships, institutions and governments globally. It acts on behalf of clients throughout the world from its offices in the Americas, EMEA, and APAC.