Head of Middle Office FinOps & Loan Booking Teams

The Head of Middle Office FinOps & Loan Booking Teams is responsible for overseeing a team that manages deal closings and amendments across all business lines of Natixis US involved in lending activities, including Loans and Letters of Credit. This position will ensure the smooth daily operations of the FinOps team, which handles approvals and maintenance for the commercial lending business across multiple sectors, including Infrastructure, Project Management, Real Estate, and Aviation.

Key Responsibilities:

Strategic Leadership:

• Establish sound policies and clear objectives in alignment with the Operations department and Natixis’ strategic plan.
• Provide constructive feedback on staff performance and identify development needs.
• Implement training programs to ensure staff proficiency and capability to support short- and long-term business goals.

Operational Oversight:

• Oversee the closing of commercial loan credit facilities and the processing of amendments to existing facilities, including booking in the systems and ancillary tasks such as covenant and collateral management.
• Conduct deep-dive analyses and preparation for closings.
• Maintain the BIC program, manage credit insurance bookings, calculate and pay insurance premiums, and generate KPI and operational risk reports.

Collaboration And Coordination:

• Partner with all GF business lines, Operations Management, and support functions to enhance customer service, risk management, and process improvement.
• Coordinate the pipeline with all business lines and complete monthly Priscop controls.

Essential Duties And Responsibilities:

• Perform strategic planning to align support functions with the bank's strategic objectives.
• Assign portfolios to team members, reviewing and reallocating as necessary.
• Ensure adherence to group procedures and alignment with global practices.
• Complete monthly Priscop controls (second-level control testing) in a timely manner and validate the consistency and accuracy of controls.
• Coordinate the collection and dissemination of information regarding deal closings, amendments, and terminations.
• Monitor the setup and updates of collateral and covenants, ensuring timely processing.
• Analyze credit agreements and advise front office members on operational transaction aspects.
• Review existing procedures to develop best practices and minimize operational risks.
• Cultivate strong collaborative relationships with Front Offices, Audit, Compliance, Legal, Risk, IT, Operational Risk, Control Tower, and other support departments.
• Review Key Performance Indicators (KPIs) and analyze trends that may indicate a need for strategic planning adjustments.
• Proactively minimize operational risks and identify process improvements, collaborating with support teams to implement necessary changes.
• Manage staff development and create plans for team advancement.
• Coordinate the Borrower-in-Custody Loan Program with stakeholders.

Supervisory Responsibilities:

This position holds a managerial role with the corporate title of Director. Key managerial responsibilities are outlined in the position summary.

The salary range for this position will be between $200,000 - $230,000. 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.