Associate, Leveraged & Structured Corporate Finance

Lending | Portfolio Management | Associate, Leveraged & Structured Corporate Finance | New York About ING : 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. 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 position offers the opportunity to help manage a dynamic multi-billion dollar corporate and leveraged finance portfolio across various verticals. You will work closely with our sponsor coverage teams and industry specific sector teams, risk management and our portfolio analytics team. The position requires a self-starter who can independently analyze credit and contribute to deal volumes while operating at various levels of seniority in different situations. About the department: L&SC PM is part of a global portfolio management platform and a pillar of Lending’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 pro rata and senior secured loans primarily to sub-investment grade clients. Assist the deal team in evaluating and executing amendments, refinancings, extensions, and workouts, including preparing financial updates, models, credit approval packages, market comparables, and quarterly reporting materials. Take ownership of ongoing portfolio management responsibilities for a group of selected accounts – monitoring and tracking credit performance, executing transactions Identify new business opportunities with existing clients. Assume key role in handling internal system processing and data gathering and processing as needed. Review legal documentation and assist deal team in the timely closing and funding of 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 experience working for a US regulated bank and are familiar with all aspects of Fed / OCC requirements You have previously received credit training and have a solid understanding of cash flow financing transactions 2 – 3 years of leveraged 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 can manage and prioritize competing demands You desire to work in a collaborative manner in contribution of team objectives Salary Range: $155,000-175,000 The salary range listed reflects base salary only. This role is eligible for participation in a discretionary bonus program. 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.