Middle Office Deal Management Closing and Monitoring

Job Description

We are seeking a highly organized and proactive Deal Participations Closing and Monitoring Analyst to join our Middle Office - FinOps team. This role is pivotal in collaborating with various Business Lines, including Infrastructure, Acquisition, Sponsor Finance, Aviation, Real Estate, Coverage, Financial Institutions, and Credit Markets, to ensure exceptional support, customer service, risk management, and process improvement. The ideal candidate is motivated, demonstrates professionalism, and possesses the ability to thrive under pressure.

Key Responsibilities:

• Credit Process Involvement: Participate in all major stages of the Credit Process, including pre-closing and closing of facilities, as well as daily monitoring and approval of client deals and repayments.
• Expertise and Support: Serve as a technical expert and provide support to the Front Office (FO) on credit-related matters.
• Credit Insurance Monitoring:--Actively monitor and process credit insurances and ensure timely payment of premiums for deals covered by credit insurance arrangements.
• Compliance Oversight: Ensure operations adhere to Natixis' requirements and facilitate process improvement and execution.
• Risk Management: Monitor and analyze collateral and covenant activities to maintain operational risk control.
• Cross-Department Coordination: Collaborate with various teams within Natixis, including Loan Booking, Operations, Legal, Risk, Finance, IT, BPO, and Compliance.
• Client Interaction: Maintain daily communication with clients to process financing requests efficiently.
• Process Improvement: Assist in coordinating and executing process improvements to enhance operational efficiency.

Essential Duties:

• Attend pre-closing meetings and assist the Front Office with new deals as needed.
• Review credit agreements for compliance with credit approvals and work with the Deal Closing team for accurate booking in Loan IQ.
• Request waivers from the Front Office in case of discrepancies with credit approvals.
• Ensure all Conditions Precedent (CPs) are satisfied before processing funding.
• Collaborate with the Loan Booking team to provide necessary information and perform controls for booking deals in Loan IQ.
• Monitor deals from closing to termination, addressing amendments and waivers in coordination with the FO and Deal Closing team.
• Facilitate timely booking of credit insurances, calculate premiums, and ensure compliance with Insurance Certificate requirements.
• Set up and monitor covenants in Loan IQ for both bilateral and participated deals, ensuring timely reporting to Account Managers and the Credit Risk Department.
• Manage collateral setups and updates in Loan IQ, adhering to required frequencies based on business line needs.
• Prepare spreadsheets for facilities requiring Front Office approval and oversee daily reconciliations and payment processing activities.
• Conduct monthly reporting, including reviewing distributions, contributions, and cash availability on collateral accounts.
• Ensure compliance with regulatory requirements, including collateral reporting, and confirm facilities are repaid per credit approval conditions.
• Maintain strong relationships with business units, GFO Ops teams, outsourced providers, and internal support/control groups to enhance processes.
• Collaborate with your supervisor to optimize processes, controls, and staff utilization across FTEs and outsourced providers.
• Proactively monitor and mitigate operational risks while identifying opportunities for process improvements with IT and other operations teams.

The salary range for the VP-level 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.