Natixis in Portugal

Fin Ops MO Participation – Closing and Monitoring

Natixis in Portugal  •  $125k - $150k/yr  •  New York (Onsite)  •  1 month ago
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Job Description

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.
• 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 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
• Calculate insurance premiums for insured deals and ensure that calculation and payments are processed as per Insurance Certificate requirements in 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
• 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,
• Ensure compliance with Regulatory Requirements such as Collateral Reporting

Qualifications

• Previous experience (min 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 is a plus: Cash Plus, 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.

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.

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 firms 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

Natixis in Portugal

About Natixis in Portugal

Natixis in Portugal is a Centre of Expertise whose mission is to transform traditional banking by developing innovative solutions for the business, operations and work culture of Groupe BPCE worldwide.

Natixis in Portugal is part of the Global Financial Services division, where it applies technology for the development of financial expertise in its two global business lines – Corporate & Investment Banking and Asset & Wealth Management – and, transversally, for the entities of Groupe BPCE.

The Centre of Expertise, currently has more than 3,000 employees from over 46 nationalities, organised in three main departments: Information Technology, Banking Support Activities and Compliance. These teams work in an integrated, inclusive and transversal way, supporting and creating value for all the business lines and platforms of the group.

For recruitment: talent.porto@natixis.com

For other questions: communication.porto@natixis.com

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O projeto Atlas consubstancia a criação de uma nova unidade da Natixis a instalar na Região Metropolitana do Porto, com o objetivo de prestar serviços de tecnologia de informação (TI) para os segmentos da Natixis de Retail, Corporate and Investment Banking, Central Functions e Infrastructure & Security. Para além disso, o Centro Tecnológico visa impulsionar os processos de inovação do Grupo, pelo desenvolvimento de projetos de I&D para desenvolvimento de novas soluções para o setor financeiro.

O centro tecnológico idealizado para Portugal será estruturado como uma extensão de todas as atividades de TI do Grupo e dos diversos segmentos de negócio (Retail, Corporate and Investment Bank e Central Function). O projeto ATLAS teve o seu início em março de 2017 com o arranque da sua operação no Porto e contratação de primeiros recursos humanos altamente qualificados. As novas instalações foram formalmente inauguradas a 07/03/2018.

https://natixis.groupebpce.com/wp-content/uploads/2022/08/natixis_ficha_de_projeto.pdf

Industry
IT & Software
Company Size
1,001-5,000 employees
Headquarters
Porto, PT
Year Founded
2016
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