VP / Director – Trade Sales - Center of Expertise

About the Position

VP / Director – Trade Sales - Center of Expertise

Permanent employment contract, full time, GJA 17 or 18, Brussels - Belgium

Your role & work environment

Are you looking for a challenging professional environment within ING Wholesale Banking, in a growing business serving wholesale banking clients in an international environment? A solid experience in a complex and varied position which will broaden career possibilities for a high achiever?

Are you also someone who is:

• critically minded, with strong analytical and problem-solving skills with an eye for detail
• able to balance commercial drive and risk awareness
• hands-on, a hard worker who is stress resilient
• keen to learn and strives for challenge
• able to work autonomously and on several projects simultaneously
• a good communicator, team player, and client-oriented

... then you could be our new Vice-President/Director within Trade Sales.

Your work environment at ING

ING is a leading bank that provides its customers with a wide range of financial products and services via the distribution channel of their choice (click and face). ING’s global reach spans over 40 countries including 18 in Asia, where we serve wholesale banking clients through our network of branches and representative offices. ING Belgium is, as the first universal direct bank, a strong player on the Belgian market. The bank provides its customers with a wide range of financial products and services via the distribution channel of their choice (click and face). Customers of ING Belgium are as well retail and private banking clients, as well as small, medium, and large enterprises.

As a VP or Director within the Trade Sales CoE, you will cover the sales process and be directly responsible for the implementation and delivery of the wider Trade products spectrum. You will be the deal principal on the deals and will be held accountable for the correct implementation of the deals for the clients within your scope. The product scope entails the wider products offered like the traditional trade products (bank guarantees, (stand-by) letters of credit, as well as different open account trade products). These products are focused on wholesale banking clients within the Transaction Services product offering. You will be end responsible for TFS implementation as well as working capital (receivables, supply chain, as well as inventory products).

We work through our dedicated Trade teams based in different EMEA countries as well as New York and across APAC. The scope of the activities will be closely aligned with the Trade Sales CoE in the Netherlands. The country scope of activities will be heavily focused on countries who will not have dedicated Trade Sales in country. Hence the country scope will exclude Switzerland, Germany, and Spain for now. Switzerland, Germany, and Spain will only be covered from the CoE for complex transactions which cannot be accommodated from the country itself.

Responsibilities

• Be the Deal Principal in structuring and implementing Trade transactions. This goes from traditional trade products to open account working capital products (receivables, supply chain, as well as inventory). As from the VP and Director level, you will have sales targets with linked implementation responsibilities. After implementation, the deal will be transferred to an Account manager.
• Analyze client needs, identify opportunities, and work out proposals.
• Organize client meetings and pitches and make sure your scope of clients is sufficiently covered across all trade products.
• Be in the lead of the client interface and be responsible with the internal and external parties involved in the transactions.
• You are a technical expert in the matter, be the deal team leader, and have experience in leading a transaction structuring process from the front row. As a VP/Director, you will be the Deal Principal.
• Legal documentation negotiation has no secrets for you.
• Keep the business safe and compliant. Think along on how to improve our processes from a compliance perspective.
• Make the difference to grow the Trade platform.

Requirements

• To be commercially driven.
• Relevant experience of around 6-9 years within either securitization, a structured finance equivalent role, a Wholesale Banking product role, a Wholesale Banking sales position, or in Risk Management.
• A strong background in trade finance and open account trade.
• A strong background in credit risk and deal structuring/-execution.
• Excellent oral and written skills in English.
• An academic degree in economics, management, law, engineering, or equivalent.

We Offer

A clear purpose, a unique offer, and a range of flexible compensation and other benefits:

• Personal growth & challenging work with endless opportunities to realize your ambitions.
• An informal, dynamic environment with innovative colleagues supporting your endeavors.
• A progressive and agile way of working, where new ideas are valued ahead of convention.

Furthermore, within the Trade Sales CoE department, you can count on a range of opportunities to invest in your personal and professional growth with:

• Challenging transactions & a steep learning curve.
• Getting to understand trade solutions from a wider perspective.
• Partnering and learning from various fintechs operating within the trade space.

We are committed to the principle of equal opportunity in employment. The Company is opposed to any form of less favorable treatment, whether through unfair, inconsistent direct or indirect discrimination, accorded to employees and applicants for employment on the grounds of sex, sexual orientation, marital or parental status, disability, race, religion or belief, age, creed, color, nationality, ethnic or national origin.

About the Company

ING’s vision is to unlock our people’s full potential through our inclusive culture where everyone has the opportunity to develop and have impact for our customers and society. To achieve this vision, our policies support diversity, equity, and inclusion. As an equal opportunity employer, we do not tolerate discrimination of any kind with regard to age, gender, gender identity, cultural background, experience, religion, race, ethnicity, disability, family responsibilities, sexual orientation, social origin, or any other status protected by applicable law. If you require any assistance or if we can accommodate you in any way when participating in our application and/or interview process, please email the recruiting contact listed for the relevant position. We will be happy to work with you to ensure a fair and accessible process. Read more about our commitment to diversity, inclusion, and belonging here.