Associate

About the Role

An Associate position on Mizuho’s ABS Origination team based in New York, part of the Securitized Products Origination team. This 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 partners with Banking Americas relationship coverage teams across industry sectors and Mizuho’s Securitization Products team.

Mizuho’s ABS team covers 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. Clients include leading captive and independent financial companies, banks, and corporates in the US and abroad. The group collaborates with analytics, trading, sales, syndicate, derivatives, corporate banking, and investment banking professionals across the organization. This role offers a deep level of engagement in all deal and pitching activities across the client base. Mizuho is a market leader in both traditional and non-traditional ABS asset classes.

The expected base salary for this role will be in the range of $175k-$225k.

Key Responsibilities

• 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 their impact on market access.
• Work with 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 transaction ratings.
• 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.

Requirements & Tech Stack

• Excel
• Intex
• CAS
• VBA
• PowerPoint
• ABS modelling

Qualifications

• Ability to support all aspects of the ABS new issue origination and execution processes.
• Ability to provide clients with market updates and analysis.
• Ability to work with trading and syndicate desks.
• Ability to prepare client presentations and materials.
• Ability to perform collateral analysis.
• Ability to develop rating agency materials and presentations.
• Ability to review structuring models and prepare transaction analytics.
• Ability to develop materials for sales and syndication.
• Ability to respond to investor inquiries and aggregate feedback.
• Ability to perform research.
• Ability to participate in client meetings.
• Authorized to work in the United States on a full-time basis.

Mizuho does not sponsor work visas or offer employment-based immigration sponsorship for this position.