Senior Credit Officer

ING is looking for a Financial Risk Specialist in the credit risk team of Energy and Transport & Logistics (RM E, T&L) to focus primarily on the Energy Portfolio. The team is part of the Wholesale Banking Credit Risk Management department and is based in Amsterdam. You will report to the Head of Energy and Transport & Logistics.

Credit Risk teams are engaged in many strategic projects covering sector analysis, risk reporting, sustainability, energy transition, and many other related initiatives covering the wider credit strategy of ING. The Financial Risk Specialist in such team will work with the Front Office (FO) in the day to day risk management, formulating credit policy and articulating risk appetite on a per transaction and portfolio basis. The Financial Risk Specialist is acting as an advisor to Senior Management and Mandate Holders, on individual transactions while participating in projects and other initiatives.

The team

The team of E, T&L is part of Wholesale Banking Credit Risk Management. The department is globally responsible for the transaction approval process and portfolio risk management of Wholesale bank portfolios.

The team currently consists of 15 people (including this vacancy) with the Energy sector covering Upstream, Mid and Downstream, Renewables & Power Generation and Utilities. These activities cover the entire energy value chain with both global and regional sector drivers.

The team is based in Amsterdam, and there is close cooperation with other risk teams across the global organization. Working from home and being part of virtual teams is part of the day to day working environment.

Role and responsibilities

• Representing risk management in credit decisions/discussions and acting as proxy for the credit process;
• Closely monitoring the portfolio in your focus sectors/areas and proposing corrective actions and improvements to senior management;
• Recommending or deciding on credit applications for new transactions, modifications and reviews;
• Ensuring the quality and consistency of the credit application and that the transaction meets the conditions of approval as set out in the credit process;
• Acting as a back-up for other portfolios within the Risk Management department;
• Working closely and communicating directly with front office peers and relevant support departments;
• Participating in projects and actively providing input for/developing relevant risk policies and reports;
• Assist the team and the department in the transition to a more data led portfolio analysis and management approach;
• Working with team members, challenge them and be challenged;
• Actively providing input and/or developing relevant credit risk policies and reports;
• Developing and maintaining relationships with (senior) management and other relevant internal and/or external stakeholders;

How to succeed

We hire smart people like you for your potential. Our biggest expectation is that you’ll stay curious. Keep learning. Take on responsibility. In return, we’ll back you to develop into an even more awesome version of yourself.

You ideally have experience in wholesale banking or risk management and are experienced in the structuring of transactions. You have strong social skills and understand the importance of internal governance and stakeholder management. We look for a pro-active, dedicated and independent thinker, with ability to challenge and (potential to) take decisions and work in a demanding environment.

You fulfill the following profile:

• Experience in originating, executing and documenting transactions with proven track record;
• Excellent credit analysis skills. Knowledge of relevant credit risk management processes, systems and concepts;
• Proven credit risk awareness, and ability to balance risk versus return;
• Profound interest in (geo)political developments, macro-economic trends, and drivers of commodities and markets;
• An academic background, preferably in Finance, Economy or Law;
• Skills to act as sparring partner to Front Office, with an eye for strategy and organizational sensitivity;
• An independent thinker with ability to take bold decisions if required;
• Willingness to travel;
• Excellent communication skills, and fluent in English.

Rewards and benefits

We want to make sure that it’s possible for you to strike the right balance between your career and your private life. You can find out more about our employment conditions at https://www.ing.jobs/netherlands/Why-ING/benefits.htm

The benefits of working with us at ING include:

• A salary in sc