Fin ops mo participation – closing and monitoring

Description de l’entreprise


Institution financière internationale de premier plan, Natixis Corporate & Investment Banking met à disposition des entreprises, institutions financières, fonds d’investissement, agences souveraines et supranationales une palette de services en conseil, investment banking, financements, banque commerciale et sur les marchés de capitaux.

Ses équipes d’experts, présentes dans environ 30 pays, conseillent les clients sur leur développement stratégique en les accompagnant dans le développement et la transformation de leurs activités tout en maximisant leur impact positif. Natixis Corporate & Investment Banking s’engage sur un alignement de son portefeuille de financements sur une trajectoire de neutralité carbone d’ici à 2050, tout en aidant ses clients à réduire l’impact environnemental de leur activité.

Natixis Corporate & Investment Banking fait partie du Groupe BPCE, deuxième groupe bancaire en France à travers les réseaux Banque Populaire et Caisse d’Epargne. Elle bénéficie de la puissance financière et des solides notations du Groupe (Standard & Poor's : A+, Moody's : A1, Fitch Ratings: A+, R&I : A+).



Poste et missions


The Deal Participations Closing and Monitoring (MO Finops) analyst is responsible for partnering with all Business Lines (Infrastructure, Acquisition, Sponsor Finance, Aviation, Real Estate, Coverage, Financial Institutions, Credit Markets) Operations Management and other support functions to ensure optimal support, customer service, risk management and process improvement. The ideal candidate is organized, proactive, highly motivated, always exhibits professional conduct and possesses the skills to remain calm under pressure.

The main tasks include:

* Be involved in the major steps of the Credit Process: 1/ Pre-closing and Closing of the Facility; and Client processing and deal life monitoring and Repayment.
* Ensure a role of expertise and technical support to the Front Office.
* Check that operations comply with Natixis’ requirements, Process & Improvement coordination, and execution
* Monitor and analyze collateral and covenant activities and maintain appropriate level of operational risk control
* Coordinate with all the teams within Natixis (Deal Closing team, Operations, Legal Department, Risk Department, Finance, IT, BPO, Front Office; Compliance).
* Be daily in contact with the client to process his financing requests
* Assist on Process & Improvement coordination and execution

The main tasks for the Deal Participations Closing and Monitoring (MO Finops) Position include maintaining a portfolio of committed and / or uncommitted client files, enforcing established procedures, monitoring risks, employing sound practices that will ensure a high level of service to both internal and external customers of the bank.

Essential duties and responsibilities

* Assist FO and attend pre-closing meetings for new deals when needed,
* Review credit agreements and ensure that it complies with Credit approvals and work with the Deal Closing team, so they book the deal in LIQ,
* In case of discrepancy with the Credit Approval ask for a Waiver to FO,
* Ensure that all CPs are met before a funding is processed,
* Work with Loan Booking team on the booking of the deal in Loan IQ by providing them all the information needed for Booking and the backups + controls performed as per internal procedures; review and validate the Deal Executive Memo in Sword when processed by the Deal Closing Team
* Monitor the Deal from Closing to Termination and work closely with FO and Deal Closing team on events like Amendments and Waivers to properly book them when required,
* Facilitate the booking of credit insurance when receiving the information from FO and follow up with Deal Closing team,
* Set up the covenants in Loan IQ for Bilateral and Participated deals (Natixis covenants tracking tool) or work with the Outsourced Providers to have them set up properly
* Set up the Collateral in the Collateral module in Loan IQ and update value as per required frequency for specific Business Lines (quarterly, semiannually, or annually),
* Set up spreadsheets for Facilities requiring FO approval for Funding and responsible for the daily reconciliations and payment / funding processing activities,
* Calculate insurance premiums for insured deals and ensure that calculation and payments are processed as per Insurance Certificate requirements,
* Performs monitoring of the covenants for participated and bilateral deals (Financial and reporting covenants) due by the Borrower on a monthly; quarterly and annual basis, work closely with the Borrower and report to Account manager and / or Credit Risk Department any past due or failed covenant,
* Monthly reporting to be checked also includes review of distributions and contributions, review of the Cash Available on the Collateral account, quarterly Cash Sweeps to review,
* Ensure compliance with Regulatory Requirements such as Collateral Reporting,
* Ensure that Facilities are repaid as per Facility and Credit Approval requirements,
* Maintain close connection with the business, GFO Ops teams, outsource providers, internal support/control group colleagues to improve processes,
* Strategize with Supervisor to optimize process & controls, automation, and use of staff across FTEs, temps, outsource providers,
* Monitor and proactively seek to minimize operational risks,
* Proactively identify process improvements and work with support teams (IT, other Ops team members) and implement necessary changes.

Qualifications

* Previous experience (min 5 years) with commercial lending and asset financing support management at a commercial bank is essential

* Undergraduate degree in Finance or related business field.

* Working knowledge of the systems utilized by the bank is a plus: Calypso, Loan IQ, FBTI

* Intermediate user of the following MS Office applications: Excel, PowerPoint.

* Good understanding of financial statements with a level of comfort in calculating and interpreting financial ratios.

The salary range for this position will be between $120,000 - $150,000. Natixis is required by law to include a reasonable estimate of the compensation range for this role. Actual base salary will vary and will be based on several factors including, but not limited to, relevant experience, education, skills set, applicable licensure and certifications, and other business and organizational needs. Base salary is only one component of our total rewards package. Natixis also offers a generous benefits package, and you may be eligible for a discretionary incentive award depending on company and individual performance







Profil et compétences requises


The Deal Participations Closing and Monitoring (MO Finops) analyst is responsible for partnering with all Business Lines (Infrastructure, Acquisition, Sponsor Finance, Aviation, Real Estate, Coverage, Financial Institutions, Credit Markets) Operations Management and other support functions to ensure optimal support, customer service, risk management and process improvement. The ideal candidate is organized, proactive, highly motivated, always exhibits professional conduct and possesses the skills to remain calm under pressure.