at ING Bank
OtherPosted 2 days ago
No clicks
**Associate, Leveraged & Structured Corporate Finance (New York)** - Manage multi-billion dollar portfolio, collaborate with sponsor teams, and drive deal processes. Analyze credit, contribute to project teams, and operate independently. Leverage experience in leveraged finance, cash flow transactions, and debt structuring. Utilize Excel for financial modeling, excel in risk analysis, and communicate effectively in writing. Requires a bachelor's degree in finance-related field, 2-3 years in leveraged finance, and familiarity with Fed/OCC requirements.
- Compensation
- $155,000 – $175,000 USD
- City
- New York City
- Country
- United States
Currency: $ (USD)
Full Job Description
Lending | Portfolio Management | Associate, Leveraged & Structured Corporate Finance | New York
About ING:
In the Americas, INGs Wholesale Banking division offers a broad range of innovative financial products and services to domestic and international corporate and institutional clients.
When you come to work at ING, youre joining a team where individuality isnt just accepted, its encouraged. Weve built a culture thats fun, friendly and supportive its the kind of place where you can be yourself and make the most of whatever you have to offer.
We give people the freedom to take risks, think differently, take ownership of their work, and make great things happen. Were here to help you get ahead. And with our global network, theres plenty of scope to take your career in new directions, perhaps even ones youve never considered. ING Americas follows a hybrid work model, allowing for in-office / work from home flexibility. Hybrid work arrangements vary based on business area.
Sound like the kind of place youd feel at home? Wed love to hear from you.
About the position:
This position offers the opportunity to help manage a dynamic multi-billion dollar corporate and leveraged finance portfolio across various verticals. You will work closely with our sponsor coverage teams and industry specific sector teams, risk management and our portfolio analytics team. The position requires a self-starter who can independently analyze credit, contribute to deal processes and projects, while operating at various levels of seniority in different situations.
About the department:
L&SC PM is part of a global portfolio management platform and a pillar of Lendings capital strategy. The team is considered experts on the individual borrowers and relevant industry subject matter.
Responsibilities:
You will support the senior bankers with all aspects of managing a large portfolio of pro rata and senior secured loans primarily to sub-investment grade clients.
- Assist deal team in preparation of borrower analytics including financial updates, financial modeling, credit approval packages, market comparables and quarterly reporting statements.
- Ongoing portfolio management responsibility for a group of selected accounts monitoring and tracking credit performance, executing amendment requests, maintaining collateral files, etc. Identify new business opportunities with existing clients.
- Assume key role in handling internal system processing and KYC/CDD data gathering and processing as needed.
- Review legal documentation and assist deal team in the timely closing and funding of waivers, amendments and upsized commitments.
- Collaborate with Origination, Risk Management, Compliance and Loan Operations teams.
Qualifications and Competencies
- You hold a bachelors degree in economics / finance / accounting / mathematics with excellent results. An advanced degree and/or a CFA is a plus.
- You have experience working for a US regulated bank and are familiar with all aspects of Fed / OCC requirements
- You have previously received credit training and have a solid understanding of cash flow financing transactions
- 2 3 years of leveraged finance experience considered for Associate
- Formal credit training is a plus
- Excellent understanding of accounting statements & principles
- Corporate finance background financial market experience is necessary
- Understand debt structuring and able to make recommendations when appropriate
- Basic understanding of legal documentation
- Excel spreadsheets: three statement financial modeling skills are a must
- You possess strong communication skills writing sample required
- You have strong credit skills understand how to properly analyze risk
- You are highly detailed in your work
- You are self-motivated and willing to work in a deal oriented and deadline driven environment
- You can manage and prioritize competing demands
- You desire to work in a collaborative manner in contribution of team objectives
Salary Range: $155,000-175,000
The salary range listed reflects base salary only. This role is eligible for participation in a discretionary bonus program.
In addition to comprehensive health benefits, a generous 401k savings plan, and competitive PTO, ING provides a broad array of benefits including adoption, surrogacy, and fertility services; student debt assistance; and subsidies for expenses associated with commuting and fitness.
ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to race, gender, religion, national origin, citizenship, disability, age, sexual orientation, or any other characteristic protected by law. We celebrate these differences and rely upon your unique perspective to innovate and seize new opportunities. Come as you are.
ING Bank does not have a commercial banking license in the U.S. and therefore not permitted to conduct a commercial banking business in the U.S. Through its wholly owned subsidiary ING Financial Services LLC, and its affiliates, it offers a full array of wholesale products such as commercial lending and a full range of FM products and services.
