What are the responsibilities and job description for the Credit and Loan Trading Middle Office position at Natixis Corporate & Investment Banking?
Credit and Loan Trading Middle Officer
Are you a proactive and strategic operational professional passionate about the Credit Markets? Do you thrive at the intersection of front-office strategy and back-office execution? If so, we invite you to join our dynamic team and play a pivotal role in supporting and securing the growth of our Credit Markets business.
This critical role serves as the operational and strategic bridge between Global Markets Operations, Global Banking Operations, and the Front Office. As our Credit and Loan Trading Middle Officer, you will be instrumental in:
- Ensuring seamless onboarding of new business initiatives.
- Effectively managing client and internal requests.
- Proactively mitigating operational risks.
- Driving efficiency through continuous process improvements and IT enhancements.
This is an exceptional opportunity to make a significant impact within a fast-paced and evolving environment.
Essential Duties and Responsibilities:
- Act as a transversal liaison, fostering seamless coordination and communication between Global Banking Operations, Global Market Operations, and the Front Office.
- Lead New Product/New Activity (NPNA) onboarding, serving as the primary coordinator to ensure smooth integration of new business within Operations.
- Be the Ops point of contact, managing and responding to client and business requests with efficiency and accuracy.
- Identify, address, and escalate Operational Risk incidents, implementing robust processes to detect, mitigate, and resolve operational risks.
- Oversee Billing activity, ensuring accurate and timely billing processes that support financial operations.
- Contribute to resource planning, assisting with budgeting and forecasting of staff resources to align with business growth and trading activity.
- Collaborate on IT enhancements, partnering with IT to deliver impactful projects that strengthen operational resilience and boost efficiency.
- Represent Operations in key forums, serving as the Operations representative on the Credit bi-weekly IT task force, ensuring IT priorities align with critical business needs.
- Leverage risk monitoring tools, utilizing the Front Office monitoring risk tool (BRICKS) for proactive risk identification and mitigation.
- Support PnL reconciliation, investigating and resolving booking discrepancies identified by Global Banking Operations to ensure accurate Profit and Loss reporting.
Qualifications:
- Education: Bachelor’s degree required. An advanced degree or relevant certifications are a significant plus.
- Product Expertise: A strong understanding of Credit and Loans products is a mandate, including ABS, CLO, Fund Finance, Syndication, and Credit Trading.
- Experience: 5 years of experience in Credit Markets, Operations, and/or Securitization. Proven familiarity with underwriting, origination, and syndication processes for Loans, CDS, and Bespoke Credit Products, as well as experience with Billing and Delivery activities.
- Systems Knowledge: Knowledge of Trafic and Summit is a significant advantage, including experience with Credit Bonds, loans, CDS trade capture, and risk systems. (Please clarify if Trafic is an internal-only system). Familiarity with Clearpar and Loan IQ systems is a strong advantage.
- Risk & Problem Solving: Demonstrated strong analytical and problem-solving skills with a proven track record of mitigating operational risk.
- Interpersonal Skills: Excellent communication and relationship management skills, with a demonstrated ability to collaborate effectively with Front Office teams, clients, and various support functions.
- Regulatory Requirements: Covered Functions in a regulated Broker-Dealer require the Series 99 license. This can be obtained after hire.
What We Offer:
- Impactful Role: Directly contribute to the success and expansion of our thriving Credit Markets business.
- Cross-Functional Collaboration: Work closely with diverse teams across Global Banking, Global Markets, and Front Office.
- Growth Opportunities: Develop your expertise in complex financial products and operational strategies within a supportive environment.
- Innovation Focus: Be part of initiatives that drive efficiency and enhance operational resilience through technology.
- Competitive Compensation & Benefits: (You can add a general statement here if you have space or want to be more specific).
If you are a driven individual with a passion for operational excellence in the Credit Markets, we encourage you to apply!
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 Vice President position will be between $120,000 - $140,000. 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
Salary : $120,000 - $140,000