Deal Closing & Monitoring Analyst

Our client a well known Financial Services Firm is seeking a Deal Closing & Monitoring Analyst in their New York, New York Location! Job Duties: Be involved in the major steps of the Credit Process: 1/ Pre-closing and Closing of the Facility; and Client processing and deal life monitoring and Repayment.Ensure a role of expertise and technical support to the Front Office.Check that operations comply with Natixis’ requirements, Process & Improvement coordination, and executionMonitor and analyze collateral and covenant activities and maintain appropriate level of operational risk controlCoordinate with all the teams within Natixis (Deal Closing team, Operations, Legal Department, Risk Department, Finance, IT, BPO, Front Office; Compliance).Be daily in contact with the client to process his financing requestsAssist on Process & Improvement coordination and executionThe main tasks for the Deal Participations Closing and Monitoring (MO Finops) Position include maintaining a portfolio of committed and / or uncommitted client files, enforcing established procedures, monitoring risks, employing sound practices that will ensure a high level of service to both internal and external customers of the bank.Skills: Assist FO and attend pre-closing meetings for new deals when needed,Review credit agreements and ensure that it complies with Credit approvals and work with the Deal Closing team, so they book the deal in LIQ,In case of discrepancy with the Credit Approval ask for a Waiver to FO,Ensure that all CPs are met before a funding is processed,Work with Loan Booking team on the booking of the deal in Loan IQ by providing them all the information needed for Booking and the backups + controls performed as per internal procedures; review and validate the Deal Executive Memo in Sword when processed by the Deal Closing TeamMonitor the Deal from Closing to Termination and work closely with FO and Deal Closing team on events like Amendments and Waivers to properly book them when required,Facilitate the booking of credit insurance when receiving the information from FO and follow up with Deal Closing team,Set up the covenants in Loan IQ for Bilateral and Participated deals or work with the Outsourced Providers to have them set up properlySet up the Collateral in the Collateral module in Loan IQ and update value as per required frequency for specific Business Lines (quarterly, semiannually, or annually),Set up spreadsheets for Facilities requiring FO approval for Funding and responsible for the daily reconciliations and payment / funding processing activities,Calculate insurance premiums for insured deals and ensure that calculation and payments are processed as per Insurance Certificate requirements,Performs monitoring of the covenants for participated and bilateral deals (Financial and reporting covenants) due by the Borrower on a monthly; quarterly and annual basis, work closely with the Borrower and report to Account manager and / or Credit Risk Department any past due or failed covenant,Monthly reporting to be checked also includes review of distributions and contributions, review of the Cash Available on the Collateral account, quarterly Cash Sweeps to review,Ensure compliance with Regulatory Requirements such as Collateral Reporting,Ensure that Facilities are repaid as per Facility and Credit Approval requirements,Maintain close connection with the business, GFO Ops teams, outsource providers, internal support/control group colleagues to improve processes,Monitor and proactively seek to minimize operational risks,Experience: Previous experience (min 5 years) with commercial lending and asset financing support management at a commercial bank is essentialUndergraduate degree in Finance or related business field.Working knowledge of the systems utilized by the bank is a plus: Cash Plus, Loan IQIntermediate user of the following MS Office applications: Excel, PowerPoint.Good understanding of financial statements with a level of comfort in calculating and interpreting financial ratios