Vice President - Loan Distribution Group

Wholesale Banking | CMA/ Loan Distribution Group | Vice President | New York

About ING: 

Ranked #8 on LinkedIn Top Companies in Financial Services

Crain’s 100 Best Places to Work

Ragan’s Top Places to Work in 2023

In Americas, ING’s Wholesale Banking division offers a broad range of innovative financial products and services to domestic and international corporate and institutional clients. We are a leading European bank providing specialized lending, tailored corporate finance, debt and equity market solutions, sustainable financing solutions and financial market services. We bring sustainability at heart, facilitating and financing society’s shift to a low-carbon future and pioneering innovative forms of financing to support a better world. 

 
When you come to work at ING, you’re joining a team where diversity and 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. Our purpose is to empower people to stay a step ahead in life and in business.

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.

Does this sound like the kind of place you’d feel at home? If so, we’d love to hear from you.

About the position:

Seeking a strong candidate to fulfill the role of Vice President in the Loan Distribution team based in New York. The Vice President will be responsible for the origination, underwriting and execution of syndicated loan transactions in the Americas across different sectors and will also be actively involved in its distribution to a wide array of banks and institutional investors. Important part of your role will be active engagement with clients, Sector teams, other financial institutions, and legal counsels.

About the department:

The NY-based Loan Distribution Group (“LDG”) is an integrated team responsible for the origination, pricing, structuring and distribution of all syndicated loans originated by ING in the Americas. We are responsible for (i) the origination, structuring and execution of syndicate loan mandates for our clients and prospect clients, (ii) securing internal approvals to execute transactions on either underwritten or best-effort basis and (iii) managing all phases of the distribution process.

LDG also handles all capital velocity initiatives (including SRTs) in North America and Latin America and is part of the larger Capital Markets and Advisory team. Globally, the Loan Distribution Group spans 9 locations with c. 100 full time employees. The team serves as the link between the origination lending teams and the investor market playing a key role in the pitching, structuring, and selling of primary lending transactions and, is also responsible for the relationship with the insurance markets and secondary loans sales when applicable.

In the Americas, LDG covers the following verticals: Project Finance (incl. Digital Infrastructure, Infrastructure, Energy, TMT and Metals & Mining), Leveraged/Acquisition Finance, Food & Agriculture, Trade & Commodity Finance, Real Estate Finance and Financial Institutions.

Responsibilities:

• Closely and continuously follow market trends to identify active participants in the market, prevailing market terms and pricing, depth of market and other factors in lending and underwriting decisions and translate it into relevant market updates to our internal and external stakeholders;
• Actively pitch and advise clients on status of the market, structures and syndication strategies needed to best execution in the syndicated loan capital markets;
• Originate, structure and negotiate syndicated loans, partnering with ING’s Sector teams to develop market-based structures and capital raising solutions;
• Manage the execution of syndicated loans, including the negotiation of terms and conditions (term sheets, mandate letters, loan documentation etc.), preparation of marketing materials (including confidential information memoranda and lender presentations), Q&A with banks and engagement on active dialogue with other financial institutions and law firms;
• Elaborate advices securing internal approvals to ex