Senior Transactional Approval & Portfolio Management Expert

About the Position

Senior Transactional Approval & Portfolio Management Expert

Based in Luxembourg City, you will join a specialized Transaction Approval & Portfolio Management team covering Wholesale Banking, fund finance, and Private Banking lending portfolios. The role combines senior credit decisioning, fund finance expertise, and portfolio oversight for material client exposures, with a strong focus on disciplined risk selection, transaction structuring, and ING’s global risk appetite.

You will act as a local credit approval authority and trusted risk partner for complex transactions, working with front-office teams, global Transaction Approval Mandates, industry specialists, and Credit Risk Management experts. You will review origination requests, credit reviews, ratings, classifications, covenant developments, portfolio trends, and limit utilization, forming clear independent credit views supported by robust analysis, sound judgment, and high-quality documentation.

The position offers exposure to strategic growth areas such as fund finance, subscription-line, and asset-backed lending, defense-related corporate financing, and Lombard lending. It also provides an opportunity to shape the future Transaction Approval model in Luxembourg through stronger portfolio ownership, data-driven insights, and responsible use of AI-enabled tools.

Responsibilities

• Analyze, recommend, vote on, and decide material credit exposures for Wholesale Banking clients, with a focus on fund finance, structured lending, defense-related corporates, and complex Luxembourg-based opportunities.
• Assess transaction structures, obligor quality, collateral packages, fund characteristics, investor base, covenants, legal documentation, and exit or refinancing risks.
• Produce and challenge concise credit opinions, clearly articulating key risks, mitigants, ratings, limits, tenor, covenants, and risk-return considerations.
• Own portfolio monitoring for assigned Wholesale Banking exposures, including reviews, covenant compliance, concentration risks, early-warning indicators, and watchlist processes.
• Work with relationship managers, product specialists, legal teams, global Transaction Approval colleagues, and portfolio analytics teams to ensure consistent, high-quality credit decisions.
• Contribute to sector, product, and portfolio reviews by identifying emerging risks, concentrations, market developments, and opportunities to strengthen credit standards.
• Act as a senior knowledge partner by sharing fund finance, structured lending, and credit risk insights while promoting strong risk culture and disciplined execution.

Requirements

• Master’s degree in finance, economics, business administration, accounting, law, or a related quantitative discipline.
• At least 10 years of experience in credit risk management, transaction approval, fund finance, structured lending, investment banking, institutional client coverage, or portfolio management.
• Strong understanding of fund finance structures, including subscription-line facilities, NAV or asset-backed lending concepts, investor and collateral analysis, borrowing base mechanics, covenants, and documentation principles.
• Demonstrated ability to perform credit analysis, assess repayment capacity, challenge assumptions, and identify transaction-specific risk drivers.
• Experience preparing, reviewing, or approving credit memoranda, including ratings, limits, tenor, collateral, covenants, conditions precedent, and monitoring requirements.
• Credibility to engage senior stakeholders, challenge front-office proposals constructively, and explain complex credit views clearly and decisively.
• Excellent analytical, modeling, writing, and presentation skills, including the ability to translate complex credit, legal, and portfolio information into senior-management messages.
• Strong ownership mindset, sound judgment, and the ability to manage competing priorities independently in a fast-moving, transaction-driven environment.
• Experience using portfolio data, exposure reports, and risk analytics to identify trends, early-warning signals, and portfolio-level decision needs.
• Resilience, integrity, confidentiality, and high professional standards in complex and time-sensitive approval processes.
• Excellent written and verbal communication skills in English; French or another European language is an advantage.

We Offer

• A senior, high-impact credit risk role in a strategic growth area, with exposure to fund finance, institutional clients, specialized lending, defense-related corporates, family offices, and Lombard lending.
• Meaningful ownership, delegated decision capacity, and direct interaction with senior local and global stakeholders across Risk, Wholesale Banking, and specialist product areas.
• The opportunity to build a best-in-class transaction approval and portfolio management setup in Luxembourg, combining global standards, local expertise, data-driven insights, and strong risk culture.

About the Company

At ING, we are on a journey centered around our customers, powered by technology, and driven by smart, determined people. Our customers feel our people are empowering them to stay a step ahead in life and in business. We’re proud of that!

We redefine banking. What about you?

There has never been a more interesting time to work at ING. We’re proud to create a culture in which everyone can grow and make a difference-for our customers and the society. Diversity, equality, and inclusion are our core values. We do not tolerate any form of discrimination based on age, gender, gender identity, cultural background, experience, religion, origin, disability, family responsibilities, sexual orientation, or other reasons. If you need support during the application process or interviews, please contact us via the email address provided in the job posting. We are here to help ensure a fair and smooth process. Learn more about our commitment to Diversity, Inclusion & Belonging.