Job Description, Responsibilities & Requirements
About the Position
Associate, Leveraged & Structured Corporate Finance
Join ING Bank as an Associate in Leveraged & Structured Corporate Finance in New York, NY. Manage a multi-billion dollar portfolio and collaborate with various teams.
Responsibilities
- 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.
Requirements
- Bachelor’s degree in economics, finance, accounting, or mathematics with excellent results. An advanced degree and/or a CFA is a plus.
- Experience working for a US regulated bank and familiarity with all aspects of Fed/OCC requirements.
- Previously received credit training and 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.
- Strong communication skills – writing sample required.
- Strong credit skills – understand how to properly analyze risk.
- Highly detailed in work.
- Self-motivated and willing to work in a deal-oriented and deadline-driven environment.
- Ability to manage and prioritize competing demands.
- Desire to work in a collaborative manner in contribution to team objectives.
We Offer
- Competitive salary range: $155,000 - $175,000.
- Participation in a discretionary bonus program.
- Comprehensive health benefits.
- Generous 401k savings plan.
- Competitive PTO.
- Broad array of benefits including adoption, surrogacy, and fertility services; student debt assistance; and subsidies for expenses associated with commuting and fitness.
About the Company
About ING
In the Americas, ING’s 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, you’re joining a team where individuality isn’t just accepted, it’s encouraged. We’ve built a culture that’s fun, friendly, and supportive – it’s 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. We’re here to help you get ahead. And with our global network, there’s plenty of scope to take your career in new directions, perhaps even ones you’ve 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 you’d feel at home? We’d love to hear from you.
About the department:
L&SC PM is part of a global portfolio management platform and a pillar of Lending’s capital strategy. The team is considered experts on the individual borrowers and relevant industry subject matter.