Associate, Sector-Based & Specialized Lending

Sector Based & Specialized Lending | Fund Finance| Associate | NYC

About ING: 

In The 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. ING Americas follows a hybrid work model, allowing for in-office / work from home flexibility. Hybrid work arrangements vary based on business area.

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

About the position:

This is a lending professional role within the front office. As a key member of the Lending team, you will be responsible for executing new business with an emphasis on Fund Finance, while also supporting transactions across a broader set of industry verticals as required. Fund Finance covers clients within the investment management industry including alternative asset management firms and financial sponsors, publicly traded investment funds, and private investment vehicles. The team has a primary focus on originating Capital Call, Private Credit, and NAV based transactions centered on structured corporate financings. You will work with other team members in the analysis, financial modeling, negotiation, sourcing, and managing of client relationships and complex financings across the sector in the Americas.

Responsibilities:

• The Lending Team is involved with new transactions and takes primary responsibility for many of the key processes, which include:
  • Performing due diligence, market research and analytics
  • Preparing credit approval packages including annexes and all requisite attachments, presentations and discussions with Risk Management
  • Developing key underwriting assumptions based on a deep understanding of the asset, market and industry trends
  • Running internal models, including risk ratings and loan pricing
  • Interfacing with risk, loan operations, treasury, legal teams, clients and co-lenders to coordinate loan closings
  • Reviewing legal documentation and validating key terms & conditions
• The Lending Team works closely with the client relationship managers and/or the Deal Principals on originating and structuring deals
• While Fund Finance is the core concentration, the role may also involve supporting credit structuring efforts across a range of industries covered by the team, including Asset-Based Lending, Real Estate, TMT, Infrastructure, and others
• Ensure a consistent level of quality and policy compliance through training and development activities
• Staying current on organizational operating policies and procedures (i.e. Risk, Legal, etc.) to ensure appropriate protocols are implemented and followed, and facilitate these accordingly

Qualifications and Competencies:

• Bachelor’s degree demonstrating high academic achievement

• Completion of formal bank credit training
• Strong organizational skills
• Committed and dedicated individual who will continuously improve the way the team works
• Collaborative, team oriented, and able to work effectively across functions and regions
• Strong writing, presentation and communication skills
• Ability to thrive in a fast-paced environment with multiple competing priorities
• Self-motivated and willing to work in a deal oriented and deadline driven environment
• Strong work ethic, positive attitude, and professional demeanor

Salary Range $130,000-$175,000

In addition to comprehensive health benefits, a generous 401k savings plan, and competitive PTO, ING provides a broad array of benefits including adoption, surrogacy, and fertility services; student debt assistance; and subsidies for expenses associated with commuting and fitness.

ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to race, 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 wholesale products such as commercial lending and a full range of FM products and services.