We have a great opportunity to join Transaction Management as Associate/Analyst. This is a junior lending professional role within the front office. As a key member of the Transaction Management team, you will support and work closely with PAMs and/or Deal Principals (“DPs”). The work will be fast-paced and multifaceted. On the team, you will have a primary focus on one of ING's key sectors, but you will also be exposed to, and expected to work with, several of the other sectors in which ING specializes.
The vacancy involves regular contact with clients, prospects, other banks, technical and legal advisors as well as frequent cooperation with internal departments such as Credit Risk Management, Legal, and Deal Execution.
Responsibilities
The Transaction Management team will be involved in every new lending transaction, working closely with the client relationship managers and/or the Deal Principals and will take responsibility for many of the key processes, which include:
- Preparing and efficiently processing of credit approval packages including annexes and all requisite attachments
- Building and creating financial models with sensitivity analysis and validation of key assumptions
- Interfacing with loan operations, treasury and the lending center of excellence units to verify limit availability and compliance with internal policies
- The responsibility for deal closing including final CPs and obtaining the final loan documents
- Preparation of marketing materials and lending analytics for clients
- Term sheet negotiations and forming a club or syndicate
- Analysis of different transaction structures and providing recommendations
- Preparing business comparables and analysis of debt structures, performance metrics and debt pricing
- Attending meetings and calls with customers including transaction-related due diligence
- Staying current on organizational operating policies and procedures (i.e. Risk, Legal, etc.) to ensure appropriate protocols are implemented and followed, and facilitate accordingly
- Enhancing internal processes, suggesting efficiency improvements
- Specific responsibilities of an associate/analyst include:
- Reviewing due diligence including summarizing and performing analytics
- Reviewing legal documentation and validating key terms & conditions
- Writing Greenlight memos, presentation and discussion with Risk Management
- Running internal models including risk ratings and loan pricing, and interfacing with risk management to establish the appropriate internal risk rating
- Ensuring a consistent level of quality and policy compliance through training and development activities
- Working with and mentor Analysts, trainees and Interns by supporting them in their personal and professional development as lending professionals
Qualifications and Competencies
Education
- Master’s degree in finance/economics/accounting/management/engineering (or similar)
Experience
- 2-5 years of relevant WB lending experience or relevant sector-related field experience
Competencies
- Collaborative and inclusive team player with consistent high marks on Orange Code behaviour; embracing diversity and cross-cultural awareness and able to work effectively across functions
- Strong interest in the [relevant sector] and openness to other sectors
- Exposure in corporate and project finance loan origination and execution
- Understanding of credit skills and understanding of debt capital markets
- Committed and dedicated individual who will continuously improve the way the team works
- Strong analytical skills and financial modelling skills
- Your curiosity makes you want to understand things in detail
- Flexible and with a global mindset
- Authentic and confident 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
Rewards & 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 here.
The benefits of working with us at ING include:
- A salary tailored to your qualities and experience
- 36 or 40 hour workweek
- Individual leave: 24+2 individual holiday days based on 36 hr workweek
- Diversity leave: 3 days per year (1,5 paid, 1,5 unpaid)
- CSR days: up to 2 days per year to actively engage in society by volunteering
- 13th month salary
- 8% Holiday payment
- Individual Savings Contribution (BIS), 3.5% of your gross annual salary
- Mobility card
- Attractive pension scheme
- Hybrid working to blend home working for focus and office working for collaboration and co-creation
Questions?
Contact the recruiter attached to the advertisement for more information. Want to apply directly? Please upload your CV and motivation letter by clicking the “Apply” button.
Please note, multiple interview steps involving various business stakeholders will be part of the selection process.