Job Description, Responsibilities & Requirements
About the Position
Associate, Working Capital Solutions
Location: New York, New York
Salary Range: $120,000 - $175,000 per year
Responsibilities
The role is based out of New York and reports to the Head of Working Capital Solutions for the U.S. On a day-to-day basis, the individual will work closely with the Deal Principals supporting their sales activities in the region. The candidate will provide support in the following areas:
- Marketing: Contribute to product development initiatives, identify new sales opportunities, prepare client pitch presentations, working capital analysis.
- Deal Structuring: Draft Term Sheets, propose / assess transaction features, engage as appropriate with relevant stakeholders.
- Pricing Approval: Run pricing and internal capital consumption model.
- Credit Approval: Prepare internal credit approval package, together with the Deal Principals, manage interactions with the relevant internal stakeholders including Coverage, Risk, Operations, etc.
- Execution: Focusing on simple to more complex transactions from credit approval to closing, support the Deal Principals in all transaction execution steps including negotiation of legal documentation, interaction with distribution / insurance teams, coordination with operations teams on closing.
- Client Interaction: The role will involve interacting with clients throughout the process.
Requirements
- Understanding of Trade Finance and Working Capital Solutions products for clients operating globally, across multiple sectors.
- 3+ years of experience in the Trade Finance / Working Capital Solutions space or prior experience in a Credit Analyst role.
- BA/BS in Business Administration, Economics, Finance, Accounting or similar field.
- Strong financial and credit analysis capabilities.
- Strong written and interpersonal communications skills.
- Self-starter, can-do mindset, able to work without direction.
- Team player.
- Good Microsoft Office (Word, Excel, PowerPoint) skills.
We Offer
- Competitive salary
- Comprehensive health benefits
- Generous 401k savings plan
- Competitive PTO
- Adoption, surrogacy, and fertility services
- Student debt assistance
- Subsidies for expenses associated with commuting and fitness
About the Company
ING is a global bank with a strong European base. More than 60,000 colleagues serve around 38 million customers and corporate clients in over 40 countries. At ING, individuality is encouraged, and the company fosters a fun, friendly, and supportive culture. The bank provides opportunities for professional growth and career advancement within a global network.
ING Americas follows a hybrid work model, allowing for in-office / work from home flexibility. Hybrid work arrangements vary based on business area.
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.