Leveraged and Structured Corporate Finance – Portfolio Management, Associate

Division | Department/Team Name | Position | Location

Leveraged and Structured Corporate Finance – Portfolio Management, Associate, New York (hybrid)

About ING:

Ranked #8 on LinkedIn Top Companies in Financial Services and named to Crain’s 100 Best Places to Work

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. 

 
When you come to work at ING, you’re joining a team where 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.

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.

Sound like the kind of place you’d feel at home? We’d love to hear from you.

About the position:

This position offers the opportunity to help manage a multi-billion dollar leveraged finance portfolio. You will work closely with our sponsor coverage teams, risk management and our portfolio analytics team. The position requires a self-starter who is able to take the initiative to guide projects independently, and who is willing to operate at various levels of seniority in different situations.

About the department:

Asset Management is part of a global portfolio management platform and a pillar of Acquisition Finance’s capital strategy. The team is considered experts on the individual borrowers and relevant industry subject matter

Responsibilities:

You will support the senior bankers with all aspects of managing a large  portfolio of senior secured loans to sub-investment grade clients.

• Assist deal team in preparation of borrower analytics including financial updates, financial modeling, credit approval packages, market comparables and quarterly reporting statements.
• Ongoing portfolio management responsibility for a group of selected accounts – monitoring and tracking credit performance, executing amendment requests, maintaining collateral files, etc. Identify new business opportunities with existing clients.
• Assume key role in handling internal system processing and KYC/CDD data gathering and processing.
• Review legal documentation and assist deal team in the timely closing and funding of waivers, amendments and upsized commitments.
• Collaborate with Origination, Risk Management, Compliance and Loan Operations teams.

Qualifications and Competencies

• You hold a Bachelor’s Degree in Economics/Finance/Accounting/Mathematics with excellent results. An advanced degree and/or a CFA is a plus.
• You have previously received credit training and have a solid understanding of LBO financing transactions
• 2+ years of leverage finance experience considered for Associate
• Formal credit training is a plus
• Excellent understanding of accounting statements & principles
• Corporate finance background – financial market experience is necessary
• Understand debt structuring and able to make recommendations when appropriate
• Basic understanding of legal documentation
• Excel spreadsheets: three statement financial modeling skills are a must

• You possess strong communication skills – writing sample required
• You have strong credit skills – understand how to properly analyze risk
• You are highly detailed in your work
• You are self-motivated and willing to work in a deal oriented and deadline driven environment
• You are able to manage and prioritize competing demands
• You desire to work in a collaborative manner in contribution of team objectives

Salary Range: $120,000-$155,000

ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to color, gender, religion, national origin, citizenship, disability, age, sexual orientation, or any other characteristic protected by law. We celebrate these differences and rely upon your unique perspective to innovate and seize new opportunities. Come as you are.

ING Bank does not have a commercial banking license in the U.S. and therefore not permitted to conduct a commercial banking business in the U.S. Through its wholly owned subsidiary ING Financial Services LLC, and its affiliates, it offers a full array of w