Fin Ops MO Participation – Closing and Monitoring

Overview

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.

Responsibilities

• Be involved in the major steps of the Credit Process: Pre-closing and Closing of the Facility; and Client processing and deal life monitoring and Repayment
• Assist other MO FinOps colleagues in their daily activities
• Handle all aspects of the insurances under the deals that are insured, including instructions on booking, reconciliation, invoicing and monitoring of those deals
• 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)

Essential Duties and Responsibilities

• Assist MO FinOps team members and attend pre-closing meetings for new deals when needed
• Review credit agreements and ensure that they comply 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, request a Waiver to FO
• Calculate insurance premiums for insured deals and ensure that calculation and payments are processed as per Insurance Certificate requirements in a timely manner
• 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
• Facilitate the booking of credit insurance when receiving the information from FO and follow up with Deal Closing team
• Perform 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 the Account Manager and/or Credit Risk Department any past due or failed covenant
• Ensure compliance with Regulatory Requirements such as Collateral Reporting

Qualifications

• Previous experience (1–2 years) with commercial lending and asset financing support management at a commercial bank is essential
• Previous experience with handling insurances under the deals is a must
• Undergraduate degree in Finance or related business field
• Working knowledge of the systems utilized by the bank (preferred: Cash Plus, Loan IQ, FBTI)
• Intermediate user of MS Office applications (Excel, PowerPoint)
• Good understanding of financial statements with comfort in calculating and interpreting financial ratios

Company & Equal Opportunity

Natixis is an equal opportunity employer, committed to a workplace free of discrimination. Natixis will not tolerate any form of discrimination based on age, color, mental or physical handicap or disability, pregnancy, marital status, sexual orientation, national origin, alienage, ancestry or citizenship status, race, religion, sex (including sex stereotyping, gender identity, gender expression or transgender status), veteran status, creed, genetic information or carrier status, or any other protected characteristic as established by law.

Additional Information

Respect for all means that we deal with each person as an individual and not as a member of any group. All qualified applicants will receive consideration for employment. Management is expected to provide leadership in supporting the firm's EEO program by taking steps to promote EEO in all facets of employment including recruitment, hiring, retention, promotion, performance assessment, and career-development opportunities.

The salary range for this Vice President position will be between $125,000 - $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.