Portfolio Management Project Finance - Analyst

About the position
We have a great opportunity to join Portfolio Management Project Finance team as Analyst. This is a lending professional role within the front office. As a key member of the Portfolio Management team, your responsibility is to support the Portfolio Manager in actively managing the lending portfolio and optimizing returns through strong analytics and capital velocity. On the team, you will be exposed to and work with different colleagues from several Sectors (focusing on Energy, TMT&H and CF&A), Transaction Management, CM&A, Risk Management and Legal whilst aligning with back office/support teams. At the same time, the Portfolio Management team plays a key role in further optimizing our processes for regulatory readiness, operational effectiveness and portfolio optimization.

Responsibilities
The Portfolio Management team is the ‘center of excellence’ for the in-life management of ING’s lending exposure. It covers all activities post the initial funding to the final repayment of a lending transaction. As a front office department, it is closely collaborating with Origination & Structuring colleagues and product specialists to ensure a seamless client experience. The Portfolio Management function is organised along product and sector considerations. Each portfolio manager covers a set of portfolio clients and acts as the first point of contact for the ongoing credit monitoring, analytics, internal risk and other reporting. Portfolio Management supports the identification of cross-buy opportunities and is also closely involved in the delivery of ING’s capital velocity targets.
The team is being supported by Global Lending Support in Dublin and the ING hub in the Philippines. Together with Tribe Lending and CLEC, it is a key driver of improving processes, standardisation, and digitalisation across Lending.

The specific responsibilities of an Analyst include assisting and supporting the Portfolio Managers with the management of all facets of the individual files booked in the portfolio, including but not limited to:

• Quarterly and annual credit reviews as well as portfolio reviews
• Process amendment and waiver requests, write or review credit modifications, submit to Risk Management and address Q&A, follow-up on the required legal amendments to the documentation until execution
• Prepare and process risk rating updates for project finance clients, submit to risk and address any Q&A
• Review annual risk rating updates prepared by an administrative support team for corporate-style clients
• Diligent and proactive credit monitoring through the review of all financial covenants and operating performance (e.g. financial models, proforma adjustments, key drivers, etc) and track compliance of covenants prepared by an administrative support team
• Identification and resolution of Early Warning Signals for a deterioration in credit quality
   

In addition, an Analyst will assist and support the Portfolio Managers by identifying market developments and proactively managing their potential impact on the portfolio by:

• Preparing and maintaining reports as requested by regulators or internal stakeholders
• Preparing quarterly portfolio reviews
• Maintaining various department and industry databases/trackers
• Maintaining internal portfolio tracking metrics
• Responding to ad hoc internal requests on portfolio composition and exposure
• Coordinating and working with offshore portfolio support teams
• Managing lending limits and Capital Velocity programs

An Analyst is expected to build a culture of operational excellence by:

• Staying up-to-date on organizational operating policies and procedures (i.e. Risk, Legal, etc.) to ensure appropriate protocols are implemented and followed, and by facilitating accordingly
• Supporting the implementation of strategic initiatives, including enhancements to the credit monitoring process to improve business efficiency
• Supporting the implementation of transformation projects

Qualifications and Competencies
Education

• University degree with major in business/economics, law or other relevant business discipline. CFA and/or MBA a plus

Experience / Knowledge

• 0-2 years of relevant credit analysis experience in the banking industry. Experience in portfolio management and/or project finance is a plus

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
• Financial and credit analysis capabilities
• Good presentation and communication skills
• Collaborative and pro-active mindset
• Committed and dedicated individual who wants to continuously improve
• Self-motivated and willing to work in a deal oriented and deadline driven environment
• Strong work ethic, positive attitude, and professional demeanor diversity and cross-cultural awareness and able to work effectively across functions

Rewards and benefits
We want to make sure that it’s possible for you to strike the right balance between your career and your private life. Find out more about our employment conditions.

The benefits of working with us at ING include:

• A competitive salary aligned with your skills and experience

• 25-28 vacation days depending on your contract

• Pension scheme

• 13th month salary and 8% holiday allowance

• Individual Savings Contribution (BIS), 3.5% of your gross annual salary

• Flexible working hours and hybrid working options

• A mobility card: choose your mode of transport for commuting each day, with free public transport on weekends.

• Personal growth and challenging work with endless possibilities

• An informal working environment with a diverse group of innovative colleagues

About us
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