Directors, Transaction Approval and Advice Management

About the Position

Title: Directors, Transaction Approval and Advice Management

Employer: ING Financial Services, LLC

Location: New York, NY

Salary range: $212,000 - $273,000

We are seeking Directors for Transaction Approval and Advice Management to join our Financial Risk team in New York, NY. Serve as Local Risk Manager for ING’s Trade & Commodity Finance, as well as Senior Credit Officer for Telecom, Media and Technology business. Provide independent credit-risk oversight for complex structured-lending transactions. Apply mandate authority to review, advise, and approve transactions including borrowing-base, pre-export, repo, and inventory finance facilities- ensuring compliance with ING’s global credit-policy framework, U.S. regulatory standards, and established risk-appetite statements.

Responsibilities

• Provide independent credit-risk oversight for complex structured-lending transactions.
• Apply mandate authority to review, advise, and approve transactions.
• Coordinate with Front Office, Deal Administration, and internal control functions to evaluate credit quality, collateral adequacy, and exposure limits.
• Interpret and implement group risk policies issued from Amsterdam, aligning regional practices with ECB/DNB oversight and US governance requirements (SOx, Audit).
• Direct quarterly portfolio review and watch-list processes, complete risk ratings, monitor emerging credit or market risks.
• Mentor junior relationship managers and analysts on risk policy and structured-finance principles.
• Represent Risk in cross-functional committees, contributing to development of sector-specific risk-appetite and credit-guideline frameworks for the Americas franchise.

Requirements

• Bachelor’s degree or foreign equivalent in any field and 7 years of risk management experience in any occupation involving Wholesale Banking industry.
• Minimum 5 years of experience as a Risk Manager.
• Experience in credit risk management processes, systems and concepts including risk identification, analyzing client, sector, and transaction-specific exposures to pinpoint emerging credit, market, and structural risks.
• Experience in originating and executing complex lending transactions in various sectors in domestic US and international markets.
• Knowledge of regulatory processes affecting lending, capital requirements and compliance matters.
• Familiarity with counterparty and market risk and non-financial risk.
• Understanding of financial markets products including interest rate, commodity and FX derivative products, ISDA terms and negotiation.
• Ability to coordinate with internal departments and relevant external parties including clients, other banks, advisors, and audit.
• Overall risk management responsibility for lending, financial markets, operation, compliance and market.
• Managing all relevant internal processes from a risk management perspective.
• Formulating sector-product specific risk appetite for an assigned portfolio.
• Credit quality and borrower performance in the portfolios.
• Interacting as primary counterpart of Front Office account managers, Deal Principals and senior management on all matters related to credit risk.
• Providing strategic view on relevant risk drivers and mitigation.
• Supporting internal counterparts in the preparation, structuring, documentation and booking of transactions.
• Ensuring compliance of transaction structure and documentation in line with credit approval.
• Contributing to the development of credit risk procedures, risk models and drivers and monitoring adherence.
• Representing risk in intra-departmental projects.

We Offer

• Competitive salary range of $212,000 - $273,000.
• Opportunity to work in a dynamic and innovative environment.
• Professional growth and development opportunities.

About the Company

Chez ING, nous voulons libérer tout le potentiel de nos collaborateurs, grâce notamment à une culture inclusive où tout le monde peut se développer et avoir un impact sur nos clients et sur la société. Nous veillons à ce que la diversité, l'équité et l'inclusion soient prioritaires. En tant qu'employeur souscrivant au principe de l'égalité des chances, nous ne tolérons aucune forme de discrimination, qu’elle soit liée à l'âge, au sexe, à l'identité sexuelle, à l'origine culturelle, à l'expérience, à la religion, à la race, à l'origine ethnique, au handicap, aux responsabilités familiales, à l'orientation sexuelle, à l'origine sociale ou à tout autre statut protégé par la législation.