Job Title: Credit Risk Infrastructure VP
The pay range for this position at commencement of employment is expected to be between $145,000 and $175,000/year*
Company overview
Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.
Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitors
Job Description
The role will support the underwriting and monitoring of Nomura’s Infrastructure and Power Finance business, which includes underwrites and distributes project finance loans supporting the construction and operations of projects in a range of asset categories including renewable / thermal power, midstream, transportation, and communications infrastructure
- The candidate will have an ability to complete due diligence, lead and manage multiple deals in various stages, and manage a portfolio of credits across infrastructure and power debt transactions and hedging instruments. Due diligence of projects includes understanding and interaction with technical, environmental, insurance, tax and market consultants.
- Work closely with the front office deal team, as well as other corporate functions including Market Risk, internal Legal, Finance, and other internal groups.
- Identify risks affecting the business for new or existing IPF credits. Analyze recurring cash flows, credit metrics, and projected financials and form a credit view.
- Perform financial analysis for the borrowers and other key project counterparties. Analyze an array of financial metrics to assess the value of a business, determine debt capacity and understand the financial risks associated with the project.
- Present credit views and recommendation of the transactions to CRO, CFO, CCO and other key senior professionals ahead of approval committees
- Apply fundamental credit analysis and various analytical tools to develop internal risk rating recommendations
- Establishes and manages credit risk limits in accordance with the risk tolerance for corporate derivate transactions
- Negotiate ISDA terms, working closely with internal legal / outside counsel.
- Manage a portfolio of counterparties including and ensuring timely completion of semi and annual credit reviews and regional / global portfolio reviews.
Skills / Experience, preferred:
- 5-7 years of relevant transaction experience, with understanding of market fundamentals within infrastructure (e.g. transportation, industrial, telecom, water, social, storage, transmission, oil & gas) and Power (e.g. conventional and renewable energy generation, natural resources & gas distribution)
- Experience in both developed market and emerging market transactions / structures preferred
- Knowledge of a range of debt and hedging products · Understanding of credit rating factors and methodologies
- Review and evaluation of legal documentation, including commercial agreements and debt documents
- Preparation and/or review of approval request documents for internal credit committees
- Advising and/or assisting teams in a fast-paced environment with the ability to prioritize tasks according to project needs
- Leveraging effective business writing and verbal skills to communicate transaction dynamics to internal decision makers
- Demonstrates business and project management acumen, executive presence, and professionalism to work in a team oriented environment
Proficient in Excel, Word and PowerPoint
Ability to multitask and perform under strict deadlines
*base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience.
If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors”.
Nomura is an Equal Opportunity Employer
Nearest Major Market: Manhattan
Nearest Secondary Market: New York City