Head of Credit Risk Monitoring, Americas

Poste et missions

This position will be responsible for oversight and management of the credit risk data, reporting and analytics for Natixis in the Americas.

This requires ownership for integrity of credit risk data as it relates to reporting, limit compliance, portfolio analytics, processes involving credit risk data, underlying integrated technology systems and associated control and governance requirements.

The position will interact with a wide group of organizational stakeholders locally and globally to ensure adherence to risk management, regulatory, and compliance requirements in leading and advancing the firm’s core Credit Risk Management practices and governance.

Managing all aspects of reporting for credit risk management Ensuring accuracy, integrity and timeliness of credit risk data used in internal and external risk reporting Produce all credit risk portfolio reports, with the reports organized and constructed to facilitate interpretation of the portfolio in a clear and concise manner.

Ensure reporting consistent and compliant with all regulatory requirements. Manage the interaction between Risk and various constituents including Finance, Data Quality office, IT development functions and others to ensure ongoing integration of risk systems with other systems.

Calculation and monitoring of Asset Quality Ratio numerator and working in close coordination with Finance and ALM to contribute to the timely management the firm Asset Quality Ratio.

Monitoring exposures, portfolio reporting and compliance with all applicable limits. This will include : Monitoring the credit risk exposures for the Americas associated with all credit facilities and derivative transactions.

Production of all portfolio reporting requirements from a management, control and regulatory perspective. Monitoring compliance with all portfolio limits, trading limits and other control frameworks and constructs.

Reporting breaches as relevant, resolving breaches based on data errors and escalating breaches to senior management as appropriate.

Monitoring all primary underwritings and compliance with maximum hold / sell down objectives and other closing conditions decided by credit committees.

• Working closely with Head Office on all aspects of credit risk monitoring to ensure close alignment and integration with global requirements, initiatives, platforms and all aspects of credit risk monitoring
• Lead change management as required to enhance quality of reporting and data management capabilities by ensuring system integration, automated reporting, gold source management, appropriate technologies and all other elements of sound and responsible credit risk monitoring
• Close interaction with the credit risk management and 1LOD teams particularly Portfolio Management in the New York office and Head Office credit risk reporting and analytics function.
• The position is also a key resource for the Chief Credit Officer to manage all transversal and operational management aspects of the Credit Risk department :
• Use of credit risk models (rating models, LGD models, etc.), in coordination with the Model Risk team
• Permanent control on credit risk processes.
• Definition and implementation of technology resources, management information systems.

The salary range at the Director-level for this position will be between $180,000 - $220,000. 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.

The salary range for at the ED-level for this position will be between $235,000 - $300,000. 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.

Profil et compétences requises

Bachelor’s degree

10+ years of relevant credit risk monitoring and reporting industry experience.

Solid understanding of credit risk system infrastructure, technology platforms, data source management and governance / control environments

Proven experience influencing and implementing change through processes, system integration, appropriate technology and other mechanisms of change

Knowledge of regulators requirements is a plus.

Effective communication and presentation skills.

Demonstrated superior problem solving and decision-making skills. The candidate must be able to identify issues, seek solutions and gain (near) consensus regarding outcome.

Excellent multitasking and adaptable to shifting priorities.

Ability to champion continuous improvement and coach team members.

Flexibility and capability of engaging across diverse functions, locations, and businesses.

Excellent working knowledge of MS Office, Power BI and other application system technologies.