Fin Ops MO Participation – Closing and Monitoring

Natixis • New York, NY

1d

About The Position

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).

Requirements

• 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.
• 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.

Nice To Haves

• Working knowledge of the systems utilized by the bank is a plus: Cash Plus, Loan IQ, FBTI

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

Benefits

• generous benefits package
• discretionary incentive award depending on company and individual performance

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees