Natixis UK is looking for a(n) Middle Office Officer (9/12 months' maternity cover)
Welcome to Natixis At Natixis, we create tailor-made solutions in asset & wealth management, corporate and investment banking, insurance, and payments, with over 16,000 staff members in 38 countries.
Our Employees: As an equal opportunity employer, Natixis is keen on promoting all talents and empowering our employees to evolve, grow, and take ownership of their careers. We strongly believe that our people are our greatest assets.
Our Ambition: To keep moving forward collectively, to better serve our clients, and to provide them with best in class solutions for their growth.
Your Impact: We strongly encourage every employee to foster change and we seek to give the opportunities to make a true impact.
What we can offer: At Natixis, you have a great opportunity to join an entrepreneurial, agile and growing organisation, and to be part of an inspiring team. We offer a competitive salary in addition to a comprehensive benefits package* including a company non contributory pension scheme, life assurance, private medical cover, employee discounts, flexible working options and many more.
To ensure day-to-day support is given across all business lines — both for new and existing credit facilities.
The role will require the establishment of effective partnerships with all Front Offices as a key stakeholder as well as teams in several areas of the bank in different capacities (Risk, Finance, BO etc.).
Reviewing and commenting on deal structures and facility documentation, at both structuring and closing stages (and post-closing follow up) to ensure both feasibility of the deal and to ensure that the terms duly comply with the credit approvals and term sheet.
Deal security packages are duly analyzed with any collaterals duly booked in the banks systems with all the associated reviews and follow up monitoring (scheduled activity plus other collateral reports).
Providing support for all prospective and current Facility Agency roles.
Establishing all day-to-day activities are known/discussed and allocated in line with departmental procedures/processes and systems used (query log/DCPM email mailbox).
Ensure that all post-closing actions are duly executed/recorded in the banks systems (including departmental Middle Office Workbook) – including completion of all associated check sheets.
Take responsibility for monitoring the production of the monthly covenant, activity, sell down and waiver reports for all business lines.
To take responsibility for maintaining the highest quality data, as well as understanding and adhering to credit policy developments and escalating appropriate queries. This will include detailed statistics for use on the (monthly) dashboard / scorecard together with control of relevant Bank systems, LoanIQ, SWORD, Credit Portail, local electronic folders etc.
High level awareness of Investment/Corporate Banking and its products.
Specific understanding and experience of handling Facility and Security Agent roles. This will include systems such as DebtDomain, ClearPar etc..
Facility documentation knowledge is essential, especially the treatment/monitoring of financial covenants and security packages.
Strong decision-making capabilities and the ability to identify problems and propose solutions — and then follow through any raised issues to the relevant parties when needed.
Proactive with the ability to deliver value-added support to business partners in a dependable, timely and accurate manner.
Demonstrates flexibility and willingness to accept new assignments and challenges in a rapidly changing environment.
Good communication and relationship/partnership-building skills both with team members as well as other business partners. Ability to interact confidently with all levels of stakeholders.
Strong attention to detail with a control and risk discipline mindset, takes ownership and is accountable for area of responsibility.
Strong PC skills in Microsoft Suite (e.g. Word, Excel, PowerPoint). Ability to use web-based technology effectively.