What is required?
- Completed Bachelor's degree, currently following a Master's program in Finance or Banking
- Comparable work experience is a plus
- Knowledge of corporate finance (balance sheet, profit and loss, cash flow)
- You're accurate and attentive to regulatory requirements and procedures
- Good Excel skills
- Pepared to work at the office every day
- Good command of the English language, both verbally and in writing
- You're a good team player
What will you get?
- €600 gross p/m
- 37,5-hour workweek
- In-house job training
- An international team with experienced colleagues
What will you do?
- 20% Preparing rating packs
- 20% Preparing Excel forms
- 20% Analyzing client's financials
- 20% Building forecast projection
- 10% Carrying out ESG analysis
- 10% Consulting with mentor
Vacancy
As a Corporate Credit Analyst Intern at Mizuho Bank Europe, you will support the Credit Analysis team throughout the entire process of providing corporate credit facilities. You will work on assigning credit ratings to customers, which determine the conditions of any potential facility. This involves analyzing annual reports, forecasts, parent support documents, and, more recently, ESG performance. Once a customer has been assigned a credit rating and requests a credit facility, a credit application is initiated. The Relationship Manager discusses the conditions with the client, and once an agreement is reached, the credit application is handed over to your team. You will then take a deeper dive into the customer's financials and forecast.
You will analyze whether everything aligns, if the projections are realistic, and what Mizuho’s profitability will be. Additionally, you will conduct an ESG analysis of the client company, calculating their emissions based on data from Sustainalytics. Initially, you will assist your colleagues with parts of their credit applications, but you will gradually take on more responsibility. There is a steep learning curve, and you will quickly become familiar with the procedures and how to apply your academic knowledge. You must have an eye for detail to ensure all procedures are followed correctly.
You will be working in the Credit Analysis Team, which is a highly international team composed of a Team Lead and ten analysts of various nationalities and levels of seniority. One of the analysts will be assigned as your mentor, who you can approach with any questions and consult regularly. The team has a flat structure, with ample room for questions and discussions. As an intern, you will be involved with all team members, supporting them where needed. The team works closely with the Relationship Managers, who serve as the link between the Credit Analysis Team and the clients.
If you enjoy working with numbers, have an eye for detail, want to work in an international team and find it a challenge to work with tight deadlines, then this is a job for you.
Working week
On an enjoyable working day all team members are at the office and there is a positive atmosphere. You have a productive team meeting and during lunch you have an interesting conversation with colleagues from a different department.
On a less enjoyable workday, there are important deadlines to meet and the atmosphere in the office is a bit more tense. Although it can be stressful, it's also motivating to see the team pulling together.
- 08:00
- 09:00
- 10:00
- 11:00
- 12:00
- 13:00
- 14:00
- 15:00
- 16:00
- 17:00
- 18:00
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- Analyzing annual reports for credit rating input
- Preparing Rating Pack
- Lunch
- Financial analysis
- Consulting with mentor
- Example weekly schedule
- Checking mailbox
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- Analyzing annual reports for credit rating input
- Preparing Rating pack
- Lunch
- Weekly team meeting
- Analyzing financial forecast of new credit application
- Checking mailbox
- Discussing with teammembers
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- Reviewing and updating Excel financial models
- Checking credit ratings against updated parent company data
- Lunch
- Preparing Excel form
- Peer review session of draft credit applications
- Checking mailbox
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- Finalizing credit application for internal sign-off
- Coordination with Relationship Manager
- Lunch
- Building forecast projections
- Consulting with Mentor
- Checking mailbox
-
- Checking mailbox
- Carrying out ESG analysis
- Lunch
- Financial analysis
- Building forecast projection
- Discussing a difficult case with teammembers
Firsthand experience
Growth
The goal of Mizuho Bank Europe is that employees have the right skills, knowledge and attitude to drive results they need to achieve. Their key principle is that trainings should be accessible to anyone and contribute to their strategic business goals. Because of that, employees are allowed to follow a study or training in a relevant field. Additionally, Mizuho promotes internal and international vacancy’s so employees can move from one department to another.
Working at Mizuho
Mizuho Bank Europe N.V. (MBE) is a fully-licensed bank incorporated in the Netherlands and supervised by De Nederlandsche Bank (DNB) and the Autoriteit Financiële Markten (AFM). With over 45 years of experience providing financial services to Japanese and non-Japanese customers in the region, Mizuho has developed a solid client base and expertise throughout the European single market - with a focus on the markets in the Benelux, Iberia, and Central & Eastern Europe - using their EU Banking Passport.
We are proud to share that Mizuho Financial Group has been named among the top 100 on TIME’s World’s Best Companies list for 2024.
- Based in Amsterdam (Zuidas)
- 148 employees in the Netherlands
- Over 65.000 employees worldwide
- 42% / 58%
- Average age 39 years
- Possibility to work flexible and remote
- Business casual
