Natixis CIB is looking for an experienced Aviation Finance specialist, to take leadership on the management of the APAC Aviation book.
Based in Hong Kong or Singapore, the successful candidate will be given the responsibility of monitoring a book formed of circa 20 transactions/EUR 1.5Bn exposure.
He/she will functionally report to the APAC Head of Real Asset Portfolio, based in Hong Kong, and will collaborate closely with the Aviation Origination team and the Syndication team. He/she will also be in direct contact with clients/Agent banks.
Job Responsibilities:
This front office responsibility requires a proactive management of each transaction in the portfolio in order to:
MONITORING:
- Prepare and process annual reviews of credit authorizations, waiver requests, periodical reviews of cash flow models;
- Prepare the Portfolio opinion for new transaction presented in Credit Committees;
- Ensure the timely renewal of internal rating, LGD, KYC vetting;
- Monitor transaction covenants (including ESR), utilization, amortization, income, profitability
- Prepare and process watchlist memos, recommend adequate provision level and lead or participate in the restructuring of distressed transactions.
INDUSTRY/PORTFOLIO
- Participate to the preparation of a quarterly portfolio review for the Aviation portfolio along with the Head of APAC Real Assets Portfolio which should include ratings migrations as well as impact on Liquidity, RWA, Expected Loss, lessons learned (as appropriate) on past transactions and benchmarking with rating agencies and other external data providers (as available) with the view to anticipate portfolio risk and profitability;
- Prepare regular industry updates for management.
- To work closely with the aviation origination team, credit risk, coverage and other internal stakeholders to support business development and matters in relation to existing and new transactions.
ACTIVE PORTFOLIO MANAGEMENT
- Assess at any time the value of each line in the portfolio, propose lines for secondary sale, set floor price.
- Oversee and attend to post-closing activities within the portfolio, such as ad-hoc requests in relation to repayments, amendments, and security under the existing transactions, etc.
MISCELLANEOUS
- Instruct appropriate corrections to Middle Office when errors are detected and report any significant deviation to management (data quality);
- Inform management of all key events impacting the portfolio.
- Attend to regulatory reporting, stress test and internal/external audit requirements.
INVOLVEMENT IN VARIOUS CROSS-BORDER OR GENERAL MISSIONS
- Monitoring of portfolio exposure, risk provisions, sectorial limits;
- Update of LGD models, risk policies, rating methodologies, KYC procedures.
- Support in maintaining and updating credit and lending policies and ensure adherence to the relevant policies.
Job Requirements
- University Degree holder in Finance, Accounting, or related discipline
- Minimum 8 years of experience in Aviation Financing including Warehouse & Portfolio (Lessors) financing, direct financing to an airline & Short-Term Bridge structures with takeout options and/or Credit Risk with strong exposure to the Aviation industry
- Strong understanding of Structured Financing. Alternatively, strong expertise in asset-backed financing or structured lending products.
- Skilled in financial analysis and credit risk assessment.
- Comfortable communicating with senior management members
- Excellent English language skills. French and Mandarin a plus
- Proficiency in French is a plus and not a pre-requisite for ease of communication with France based Risk officers.
- Proficiency in Mandarin (both spoken and written) is highly desirable as we work with a number of Chinese clients.
- Proactive, team player and strong interpersonal skills and the ability to communicate with clients from various backgrounds.
- Ability to work under tight deadline
Footnotes:
1. Personal data collected will be used for recruitment purposes only, and the data collected will be anonymized or deleted when there is no longer a business or legal purpose for such personal data. 2. We regret that only shortlisted candidates will be contacted.
