Jobs and Careers
IN

Senior Legal Counsel, Lending

ING
The Netherlandsfull_timeVerifiedPosted 14 Jan 2025

About the role

<p>ING’s purpose is ‘Empowering people to stay a step ahead in life and in business’. Every ING colleague is given the opportunity to contribute to that vision. We champion self-reliance and foster a collaborative and innovative culture. The Orange Code is our global manifesto for how we stay true to our purpose and our tradition of reinvention and empowerment. It is made up of <b>ING Values </b>(we are honest; we are prudent; we are responsible) and <b>ING Behaviours:</b> (you take it on and make it happen; you help others to be successful; you are always a step ahead)  </p><p></p><p>For us, success will only be achieved if we act with<b> Integrity</b>.</p><p></p><p>Some companies see diversity as a box to be ticked. We see it as fundamental to our success and we encourage a proper work/life balance.  At ING, you will be judged on your performance in line with the Orange Code. And that’s a promise.</p><p></p><p><b>The team </b></p><p>The Legal Department provides tailored and sustainable legal solutions by being a partner in business while mitigating potential legal and reputational risks for ING Bank. Our department counts around 50 lawyers. The team Sectors and Lending consists of around 15 lawyers with different backgrounds. We support our internal clients in product development, transactions, and incidents. Our team is responsible for drafting and reviewing a variety of finance transactions with focus on loan documentation and we contribute to various innovation initiatives such as automation and AI tools integration. We participate in legal committees of (international) banking associations.</p><p></p><p><b>Roles and responsibilities:</b></p><ul><li><p>Provide general legal and associated advice and support to the Lending Services activities of ING's Wholesale Banking business, primarily in the Netherlands region but also in other ING locations. This includes advice on transactions and product development, as well as guidance on domestic and cross-border issues.</p></li><li><p>Review, advise on, draft and/or negotiate general documentation which has been negotiated by the deal teams and their appointed external legal advisers, in order to give internal sign off, by confirming that the documentation accords with the internal policies and procedures, and includes features acceptable to ING.</p></li><li><p>Review and comment on ancillary documentation, including legal opinions, mandate documents, commitment documentation and term sheets in relation to proposed transactions and, to the extent necessary, to assist with drafting documentation.</p></li><li><p>Identify unusual or “off-market” provisions during negotiation and documentation review and bring them to the attention of the business and risk management.</p></li><li><p>Draft, review and comment on template documentation, standard terms and conditions and policy documentation used by ING.</p></li><li><p>Participate in negotiations, conference calls and meetings in connection with potential and live transactions as necessary.</p></li><li><p>Prepare, deliver, and arrange legal training and keep internal clients advised of relevant legal developments and relevant current market trends.</p></li><li><p>Contributing to the pool of specialists with sector and expertise knowledge. Participate in various wide/cross-border projects/initiatives and help draft internal policies and guidelines.</p></li><li><p>Liaise as necessary with external counsels.</p></li><li><p>Seek and receive legal advice on behalf of ING and communicate that advice to the ING management.</p></li></ul><p></p><p></p><p><b>How to succeed</b></p><p>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.</p><p></p><p>You have:</p><ul><li><p>A university degree, qualified common law solicitor or barrister (English and/or Dutch degree are preferred).</p></li><li><p>Minimum of 6 years post-qualification experience working for a magic circle or equivalent law firm or in-house for a leading international wholesale bank in these areas.</p></li><li><p>Experience with finance transactions documentation including term sheets, mandate letters, inter-creditor agreements, guarantees and security documents.</p></li><li><p>Familiarity with Loan Market Association, loan documentation, and terms.</p></li><li><p>Interest in transactional work.</p></li></ul><p></p><p>You are:</p><ul><li><p>A confident, articulate personality, good at building client relationships, and able to take responsibility for, and prioritise, their workload without extensive supervision.</p></li></ul><p></p><p><b>Rewards and benefits</b></p><p>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 <a href="https://eur02.safelinks.protection.outlook.co

Apply for this role

Generate a tailored application kit with a matched cover letter, interview prep, and CV highlights — in under 60 seconds.

Apply Now →Generate Application Kit

Free account required — sign up in 30s

Company

ING

View company profile →