Natixis in Portugal is fully integrated in the global organization of Natixis, a French multinational financial services firm specialized in Asset & Wealth Management, Corporate & Investment Banking, Insurance and Payments. A subsidiary of Groupe BPCE, Natixis counts nearly 16.000 employees across 38 countries.

Based in Porto, Natixis Centre of Expertise mission is to transform traditional banking by developing innovative solutions for the bank’s business, operations and work culture worldwide, as a key driver of the company’s culture of agility and innovation. Teams of IT and Banking Support Activities work in an integrated, inclusive and transversal way, supporting all the business lines and country platforms.

Natixis in Portugal is the best combination of a “start-up mindset” with a large, solid structure. Its unique culture gives true meaning to a “beyond banking” personality: to be a real entrepreneur, self-challenging, ever striving to excel and go that extra mile.

The VP/Associate- level Credit Analyst position will be part of the Funds Risk team, which covers Regulated Funds, Hedge Funds, Private Equity Funds, Private Debt, Real Estate Investment Trust (“REITS”), Business Development Companies (“BDC’s”) and Agent Lenders (for stock borrowing). The Credit Risk team is considered the second line of defense at Natixis, and accordingly, the focus will be on the assessment of the Credit Requests and the formulation of a written Risk Opinion, which may be presented to Credit Committee.  In line with Natixis’ policies and procedures that govern credit processes (including proper use of internal rating models, LGD models and RWA models), the Credit Analyst will identify the potential risk(s) and positive attributes of each deal with the ultimate goal being the support of the business while avoiding undue risk and credit loss.  The Credit Analyst also conducts annual reviews, processes amendments and modifications, monitors the Financial Institutions portfolio, and participates in the quarterly watch list meetings, if necessary.  Additional responsibilities will include forward-looking identification of macro factors affecting the portfolio, portfolio monitoring and analysis.

Essential duties and responsibilities

The candidate will be responsible for providing analysis on Funds, mainly Hedge Funds, Private Equity & Private Credit Funds, REITS and BDC; In addition, the candidate may be involved in providing analysis for NAV based facilities including PE Secondaries Funds. The role will include but will not be limited to:

• Conduct detailed credit risk assessments and prepare written risk opinions and analysis
• Conduct due diligence calls or visits when appropriate; professionally represent the bank with clients
• Articulate a convincing case in support of the risk opinion to Senior Management and Credit Committees
• Work with those on the Business side including Sales desk.
• Recommend Credit terms and conditions within Trading Documentation ISDA, MRA and MSLA’s.
• Stay connected with industry trends and macro issues which may impact the portfolio; be able to recommend changes or action impacting specific clients or groups of clients.
• Have a good understanding of the regulatory environment that each of our counterparts operates in.

• Master’s Degree in Finance, Accounting, Management, Economics or other business-related discipline.
• Preferred previous credit experience specifically geared towards trading limits to fund institution counterparties.
• Knowledge of NAV based facilities a plus
• Fluency in English (mandatory)
• Proficiency in MS Office products including extensive knowledge of MS Excel.
• Knowledge of internal credit systems.
• Excellent communication (written, oral and listening) and interpersonal skills a must. Skillful written communication is necessary; the ability to convey thoughts clearly and succinctly and to communicate pertinent complex information in a clear and organized manner.
• Strong analytical and critical thinking abilities
• Self-directed with the ability to learn quickly
• Self-motivated with the ability to work independently while understanding when to involve other team members as needed and to work effectively in a team environment.
• High degree of integrity and strong work ethic.

At Natixis, we are committed to fostering a working environment where each and every one of our people is treated with dignity and respect and where every voice is heard. Our differences make us collectively stronger and are a source of fulfilment, innovation and performance.

In the framework of its Diversity, Equity & Inclusion policy, Natixis in Portugal has implemented a Blind CV Screening process, with the purpose of reducing hiring bias. A blind CV excludes any personal details which refer to the applicant’s gender, age or ethnicity. When applying for our positions, please submit a blind CV, that is, with no picture, name, gender, age, nationality, ethnicity and address. Your personal statement, work experience, courses and certifications, education, skills and contact information is what matters to us.

#MuchMoreThanJustAJob

Early morning. Campo 24 de Agosto. In 4 minutes, you are clocking in at the office. After grabbing a cup of coffee and fresh fruit, pick up your laptop and choose your spot for the day. It's going to be a busy one: French class before lunch and, just after, quick medical appointment at Natixis doctor's office.

Lunch break. Outside in the big terrace (look at your crops at the Urban Garden; ready to harvest!) or, if you feel like stretching your legs, walk downtown to grab lunch.

Back inside. Quick sprint review (working together anywhere means virtual happy birthday to that colleague in Paris that just turned 35). The afternoon went flying (tasks, reports, calls, some jokes with your teammates). End it on a high note: just one PlayStation game or the final match for that ping-pong tournament.

Tomorrow, you complete that certified technical training and the day after, you will work from home, taking advantage to finally do that online course on Udemy. Once you are done with your tasks for the day, you can visit the office for a board games session or show up at the rehearsal of one of Natixis bands. If that is too steady for you, meet your colleagues to surf some waves or join them in a football match.