What are the responsibilities and job description for the Head of GBO Financing Operations (FinOps) position at Natixis?
Job Description
The Head of GBO Financing Operations (FinOps) Americas is a pivotal leadership role reporting directly to the Head of Banking Operations (Americas) and working closely with the Global Head of Financing Operations (Head Office). This position is responsible for overseeing all operational support for the bank’s financing business. The Natixis FinOps teams cater to a diverse range of business lines, including Infrastructure, Acquisition, Sponsor Finance, Aviation, Real Estate, Project Management, Financial Institutions, and Credit Markets.
The FinOps structure comprises several specialized teams, including:
- Loan Services
- Deal Management/Middle Office: Responsible for closing new deals and amendments, as well as monitoring daily client borrowing activities via Loans and Letters of Credit.
- Loan Booking: Focused on the setup and maintenance of facilities in LIQ.
- Loan Trading
- Agency Servicing: With Natixis US serving as the admin agent.
Each team is led by a manager who reports directly to the Head of FinOps.
Essential Duties and Responsibilities
- Strategic Partnership: Collaborate with business stakeholders to advise on deal structures from an operational perspective, minimizing operational and reputational risks to the bank.
- Compliance Oversight: Ensure adherence to established procedures within the group's activities.
- Control Management: Drive timely completion and ongoing evolution of 1.1 and 1.2 controls and reporting.
- Relationship Building: Cultivate strong collaborative relationships with the Financing and Global Trade Front Office, Audit, Compliance, Legal, IT, Credit Department, and other support functions.
- Governance: Establish robust governance over deal covenants, collateral, and insurance.
- New Product Participation: Actively engage in New Product Committee reviews and coordinate with staff to address support needs and identify prerequisites.
- Risk Monitoring: Proactively monitor and seek to mitigate operational risks.
- Audit Management: Oversee governance related to internal and external audits, ensuring timely provision of required information and implementation of recommendations.
- Policy Development: Maintain and create policies and procedures to ensure efficient support controls, including regular certifications.
- Market Awareness: Stay updated on economic, regulatory, legal, and competitive issues relevant to financing activities, including Basel 2 Eligibility, RWA, and Credit Risk Monitoring.
- Technology Implementation: Lead the implementation and proposal of innovative technologies to modernize financing operations, ensuring efficiency, effectiveness, and compliance. Collaborate closely with IT to optimize processes and controls through technology and automation projects.
Supervisory Responsibilities (if applicable)
- Strategic Planning: Engage in strategic planning to ensure alignment of the support function with the bank's overall strategic objectives.
- Performance Analysis: Review Key Performance Indicators (KPIs) and analyze trends to inform strategic adjustments.
- Work Delegation: Ensure effective delegation of tasks among group and team members, reviewing and reallocating as necessary.
- Staff Development: Set clear objectives for staff by communicating job expectations, planning, monitoring, and appraising performance. Mentor, train, interview, and hire staff.
- Performance Monitoring: Proactively identify efficiency issues and propose actionable solutions.
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.
Required Skills/Qualifications/Experience
10 years of experience in banking or a related field with similar organizational complexity, including 5 years in a managerial role.
Bachelor’s degree required
Proven success in leading teams with global exposure, focusing on technology, change management, and regulatory compliance
Strong background in managing multiple priorities and overseeing diverse teams with varied strengths
Exceptional talent assessment, selection, and development skills, with a focus on providing balanced, actionable feedback
Results-oriented leader who initiates tactical and strategic solutions through data-driven insights and timely execution
Knowledge of information technology, automation, and project management is essential
Familiarity with banking systems such as Loan IQ, Cash Plus, Calypso, and SWIFT is a plus
Proficient in Excel, PowerPoint, Word, and flowcharting software
Ability to calculate and interpret financial ratios and knowledge of banking products like syndicated loans and letters of credit
Salary : $220,000 - $250,000
