Natixis Corporate & Investment Banking
Head of Global Financing Operations
Natixis Corporate & Investment Banking, New York, NY, United States
Job Description
The Head of GBO Financing Operations Americas reports directly to the Head of Operations (Americas) and transversally to the Global Head of Financing Operations (Head-Office) and is responsible for all operational support of the bank's commercial financing business. Currently there are four teams in FinOps; Loan Administration, Deal Management (Partcipations, Closing and Monitoring) Loan Booking and Agency & Servicing; each lead by a manager reporting directly to the Head of FinOps.
The salary range for this position will be between $220,000 - $250,000. 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.
He/she/they will have the following duties and responsibilities:
The Head of GBO Financing Operations Americas reports directly to the Head of Operations (Americas) and transversally to the Global Head of Financing Operations (Head-Office) and is responsible for all operational support of the bank's commercial financing business. Currently there are four teams in FinOps; Loan Administration, Deal Management (Partcipations, Closing and Monitoring) Loan Booking and Agency & Servicing; each lead by a manager reporting directly to the Head of FinOps.
The salary range for this position will be between $220,000 - $250,000. 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.
He/she/they will have the following duties and responsibilities:
- Build and maintain interface with Global Head of Financing Operations (Paris) to ensure strong alignment with global initiatives.
- Responsible to implement and be proactive to propose innovative technologies to modernize Financing actitives in order to respond to a changing market while keeping the business activities efficient, effective, and compliant. Collaborate closely with IT to develop and optimize processes & controls, leveraging on technology and leading automation projects
- Work as a partner with the members of the business by advising on the structure of deals, mainly from an operational point of view, to minimize operational / reputational risks to the Bank.
- Ensure staff oversight and delivery of periodic feedback, performance reviews including annual reviews of direct reports, setting staff objectives, staff training, and career development
- Strategic planning to ensure the support functions are aligned with the strategic plan of the bank
- Ensure delegation of work across group and team members, review and re-allocate as necessary
- Ensure that the activities performed by the group are adhering to the group's procedures
- Ensure timely completion and evolution of 1.1 and 1.2 controls and reporting
- Develop and maintain strong collaborative relationships with Financing and Global Trade Front Office, Audit, Compliance, Legal, IT, Credit Department, and other support departments
- Ensure robust governance of deal covenants, collateral and insurance
- Actively participate in New Product Committee reviews and coordinate with staff to address all support needs and identify pre-requisites and conditions
- Monitor and proactively seek to minimize operational risks
- Manage governance over internal and external Audits and ensure provision of required information, responses, and timely implementation of recommendations
- Maintain sound and current policies and procedures to ensure that the controls/support are being performed efficiently, including but not limited to periodic policies and procedure certifications.
- Maintain current understanding of economic, regulatory, legal and competitive issues relative to Financing activities including Basel 2 Eligibility; RWA; Credit Risk Monitoring