Michael Page | Head of Global Banking Financing ...
Michael Page - new york city, NY
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The Head of Global Banking Financing Operations Americas is responsible for overseeing all operational support for the bank's commercial financing business across the Americas. This role involves managing four key teams within Financing Operations (FinOps): Loan Administration, Deal Management (Participations, Closing, and Monitoring), Loan Booking, and Agency & Servicing. Each team is led by a manager who reports directly to the Head of FinOps. Client Details A global leading bank Description Global Collaboration: Build and maintain a strong interface with the Global Head of Financing Operations to ensure alignment with global initiatives. Innovation and Technology: Proactively propose and implement innovative technologies to modernize financing activities, ensuring efficiency, effectiveness, and compliance with market changes. Collaborate closely with IT to develop and optimize processes and controls, leading automation projects. Operational Advisory: Partner with business members to advise on deal structures from an operational perspective, minimizing operational and reputational risks to the bank. Team Management: Oversee staff performance through regular feedback, performance reviews (including annual reviews), objective setting, training, and career development. Strategic Alignment: Conduct strategic planning to align support functions with the bank's overall strategic plan. Work Delegation: Ensure effective delegation of tasks across team members, regularly reviewing and reallocating work as necessary. Relationship Management: Develop and maintain strong collaborative relationships with the Financing and Global Trade Front Office, as well as with Audit, Compliance, Legal, IT, Credit Department, and other support departments. Governance Oversight: Ensure robust governance over deal covenants, collateral, and insurance. New Product Support: Actively participate in New Product Committee reviews, coordinating with staff to address support needs and identify prerequisites and conditions. Operational Risk Management: Monitor and proactively seek to minimize operational risks. Audit Management: Manage governance over internal and external audits, ensuring timely provision of required information, responses, and implementation of recommendations. Policy Maintenance: Maintain up-to-date policies and procedures to ensure efficient controls and support, including periodic certifications of policies and procedures. Market Awareness: Stay informed about economic, regulatory, legal, and competitive issues related to financing activities, including Basel 2 eligibility, RWA, and credit risk monitoring Profile 10+ experience in banking or a related field Undergraduate degree in Finance or a related field. Proven success in leading teams with global exposure, particularly in technology, change management, and regulatory interface. Experience managing multiple priorities and overseeing diverse teams with varied strengths. Strong capability in assessing, selecting, and developing talent, providing balanced, direct, and actionable feedback. Results-oriented leader with the initiative to design both tactical and strategic solutions, utilizing various inputs and analytics to drive decisions through to execution. Knowledge of information technology and automation, along with project management skills. Proficiency in bank systems such as LoanIQ, Cash Plus, Calypso, and SWIFT is a plus. Strong knowledge of Microsoft Excel, PowerPoint, Word, flowcharting software, and low/no-code tools. Good understanding of financial statements, with comfort in calculating and interpreting financial ratios. Job Offer Competitive Package MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.
Created: 2024-12-18