The Loan Booking Department provides administrative and operational loan/deal closing support to the Agency MO Participants team. The Deal Closing Specialist is responsible for partnering with the Operations Team (Financing Operations, Global Trade MOs, BO and LC teams, Agency team) and all GFS business lines, Operations Management, and other support functions to ensure optimal support, customer service, risk management, and process improvement.
Ideal Candidate: The ideal candidate is organized, proactive, highly motivated, and consistently exhibits professional conduct. A minimum of 5 years of experience in a commercial bank working in a Deal Closing capacity is required.
Duties:
- Collect required documents for deal closings (Underwritings, new deals, refinancings, etc.).
- Review legal documentation to ensure compliance with GBO Operating Requirements; escalate issues to MOs or the Agency team as necessary.
- Process mandatory closing controls, including vetting, Credit Approval, Legal sign-off, and Syndication strategy decisions.
- Input and validate data into Loan IQ for:
- Underwriting Mandates
- New Deals and Facilities
- Amendments of existing deals and Facilities
- Refinancing and restructuring of existing deals
- Risk Participations, Sell-downs, and Insurances
- Upfront/Waiver Fees booking
- Conduct post-closing controls and reconciliations to ensure compliance with all conditions precedent (CPs) before funding.
- Collaborate with MO and BO to manage the booking of Upfront Fees, ensuring proper accounting of all transactions processed post-closing.
- Coordinate with the Back Office on post-closing activities and ensure adherence to group policies and procedures.
- Review and provide feedback on current procedures to develop best practices and minimize operational risks.
- Develop and maintain strong collaborative relationships with SAF Front Office, Audit, Compliance, Legal, IT, and other support departments, making client service a focus of the Closer’s function.
- Analyze Key Performance Indicators (KPIs) and trends that may warrant a shift in strategic planning (e.g., support focus, process change).
- Monitor and proactively seek to minimize operational risks.
- Identify process improvements and collaborate with support teams (IT, other Ops team members) to implement necessary changes.
- Assess and assist with streamlining processes for cost savings.
Qualifications:
- Undergraduate degree in Finance or a related field; comparable experience will be considered.
- 5+ years of experience in loan operations within a bank, with a focus on bilateral and syndicated loans. Agency deal experience is desirable.
- Proven experience in loan trading operations or equivalent knowledge of Syndicated Loan Trading is preferred.
- Strong knowledge of current regulations and best practices in the industry.
- Proficient in Microsoft Office (Excel & Word) and Loan IQ.
- Strong analytical and problem-solving skills.
- Ability to work under pressure, multitask, and meet tight deadlines.
- Excellent written and verbal communication skills, with a keen attention to detail.
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 position will be between $115,000 - $145,000. 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.
