Portfolio Management - Analyst
The Sectors Portfolio Management (PM) team aims to be the ‘center of excellence’ for the in-life management of ING’s lending exposures to multiple sectors. It is a front office team that covers all activities post the initial credit approval/documentation signing to the final repayment of a lending transaction.
The Sectors PM team monitors the performance of all sector-driven lending transactions in the UK and respond to requests from the client including facility extensions, amendments and waivers (plus other ad hoc requests). Given the nature of this role, there will also be significant interaction with Financial Markets colleagues.
The position involves contact with clients, other banks, legal advisors and frequent cooperation with internal departments such as Credit Risk Management, Legal and Deal Execution.
The Sectors PM team is looking to hire a portfolio management analyst/associate specializing in Financial Institution / unsecured Fund exposures.
Main Duties and Responsibilities of Role:
You will manage a portfolio of Financial Sponsor/Fund exposures comprising RCFs, Financial Markets facilities working closely with senior colleagues and other stakeholders including Global Lending Support (GLS).
In line with the Bank’s policies and objectives, you will provide file analysis and monitoring (annual reviews, validating risk ratings, monitoring utilisation (MTM and PFE), including periodic covenant management, reviewing fund reporting and identification and resolution of early warning signals). This will also include, preparing regular reporting on the portfolio for distribution to stakeholders including risk management
Prepare credit papers for minor changes to facilities including increases and modifications to terms and conditions and deliver these in line with internal credit risk timeframes and client deadlines. This may also involve reviewing legal documentation for accuracy, internal compliance and commercial risk mitigation, alongside ING’s in-house legal teams.
Ensure data accuracy and that changes to facilities are communicated to support teams in a timely manner.
As a front office department, PM collaborates closely with origination colleagues and product specialists to ensure a seamless client experience.
You will maintain relationships and liaise with internal functions such as Credit Risk, Operations and where necessary Global Credit Restructuring.
You will be responsible for the acceptance of new transactions into your portfolio and management of offboarding or handover of files when appropriate
Where necessary and appropriate you will participate in discussions with borrowers/ counterparts, advisors and facility agents
Qualification/Education
Essential: Degree level education
Desirable: CFA or similar
Experience/Knowledge
Essential: Minimum 1 years of relevant experience in a lending role / credit role that has involved credit writing.
Desirable: Previous exposure to Financial Institutions / Funds in a banking environment preferred.
Personal Competencies
Strong financial and credit analysis capabilities
Ability o manage deadlines and prioritise conflicting priorities
Excellent presentation and communication skills
Ability to thrive in a fast-paced environment with multiple competing priorities and tight deadlines
Understanding of risks and ability to assess potential mitigants
General knowledge of legal documentation and transaction structuring
Proficient in MS Excel, Word and Powerpoint
Self-motivated, positive attitude and professional demeanour
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