ING Americas
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. ING Americas follows a hybrid work model, allowing for in‑office / work from home flexibility. Hybrid work arrangements vary based on business area. We’re a culture that encourages individuality, supports taking risks, and values ownership of work. With a global network, there’s scope to take your career in new directions. About The Position
As an Associate on this team, your primary responsibility will be the ongoing management of an assigned group of account relationships in the Borrowing Base loan portfolio with an emphasis on credit monitoring, analytics and internal reporting. About The Department
This role is a member of a team that comprises the critical portfolio management and reporting foundation of all lending origination and underwriting activity. Responsibilities
Actively manage all facets of the daily operations of the identified portfolio, including but not limited to: Routinely analyze the credit migration trends of the portfolio and individual names Monitor and identify developments within assigned client base, proactively manage their potential impact on the portfolio, as well as generate ideas for client opportunities and Capital Markets product application Prepare quarterly Credit Risk Management (CRM) portfolio reviews Process annual review, amendment, and waiver requests, write credit modifications, submit to risk and address Q&A Track compliance of financial and other reporting covenants Manage Agency Services related responsibilities for left lead transactions (Borrowing Base Calculations, Valuation and Process Audits, and Loan Document amendments) with relationship managers, clients, participants, and other third parties Review periodic borrowing base and risk rating updates prepared by an offshore portfolio support team Respond to ad hoc internal requests on portfolio composition and exposure Maintain various department and industry databases Ensure compliance with all reporting activities in line with the bank’s policy and procedures Maintain accurate internal system processing (Vantage) including GRID, FINAN, TSC, Risk Rater Stay up to date on organizational operating policies and procedures (i.e., Risk, Legal, etc.) to ensure appropriate protocols are implemented and followed, and facilitate accordingly Identify and implement best practices across the Lending division and use insights from reporting to create and drive efficient processes and improve productivity Ensure an excellent level of service and high-quality output Coordinate with KYC/CDD team
Qualifications And Competencies
BA/BS in finance/economics/accounting/management/engineering (or similar); MBA and/or progress toward CFA a plus Minimum of 1 year of relevant experience (preferably with some experience in Commercial Banking and/or Asset Based Lending) Strong financial and credit analysis capabilities Excellent presentation and communication skills Ability to thrive in a fast-paced environment with multiple competing priorities Committed and dedicated individual who will continuously improve the way the team works Self-motivated and willing to work in a deal oriented and deadline driven environment Strong work ethic, positive attitude, and professional demeanor Ability to work under pressure and set the right priorities in a dynamic, challenging environment Strong knowledge of Legal Documentation Proficient in MS Excel, Word, and PowerPoint (Power BI a plus) Other
References Salary Range $105k-115k ING is an 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. 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.
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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. ING Americas follows a hybrid work model, allowing for in‑office / work from home flexibility. Hybrid work arrangements vary based on business area. We’re a culture that encourages individuality, supports taking risks, and values ownership of work. With a global network, there’s scope to take your career in new directions. About The Position
As an Associate on this team, your primary responsibility will be the ongoing management of an assigned group of account relationships in the Borrowing Base loan portfolio with an emphasis on credit monitoring, analytics and internal reporting. About The Department
This role is a member of a team that comprises the critical portfolio management and reporting foundation of all lending origination and underwriting activity. Responsibilities
Actively manage all facets of the daily operations of the identified portfolio, including but not limited to: Routinely analyze the credit migration trends of the portfolio and individual names Monitor and identify developments within assigned client base, proactively manage their potential impact on the portfolio, as well as generate ideas for client opportunities and Capital Markets product application Prepare quarterly Credit Risk Management (CRM) portfolio reviews Process annual review, amendment, and waiver requests, write credit modifications, submit to risk and address Q&A Track compliance of financial and other reporting covenants Manage Agency Services related responsibilities for left lead transactions (Borrowing Base Calculations, Valuation and Process Audits, and Loan Document amendments) with relationship managers, clients, participants, and other third parties Review periodic borrowing base and risk rating updates prepared by an offshore portfolio support team Respond to ad hoc internal requests on portfolio composition and exposure Maintain various department and industry databases Ensure compliance with all reporting activities in line with the bank’s policy and procedures Maintain accurate internal system processing (Vantage) including GRID, FINAN, TSC, Risk Rater Stay up to date on organizational operating policies and procedures (i.e., Risk, Legal, etc.) to ensure appropriate protocols are implemented and followed, and facilitate accordingly Identify and implement best practices across the Lending division and use insights from reporting to create and drive efficient processes and improve productivity Ensure an excellent level of service and high-quality output Coordinate with KYC/CDD team
Qualifications And Competencies
BA/BS in finance/economics/accounting/management/engineering (or similar); MBA and/or progress toward CFA a plus Minimum of 1 year of relevant experience (preferably with some experience in Commercial Banking and/or Asset Based Lending) Strong financial and credit analysis capabilities Excellent presentation and communication skills Ability to thrive in a fast-paced environment with multiple competing priorities Committed and dedicated individual who will continuously improve the way the team works Self-motivated and willing to work in a deal oriented and deadline driven environment Strong work ethic, positive attitude, and professional demeanor Ability to work under pressure and set the right priorities in a dynamic, challenging environment Strong knowledge of Legal Documentation Proficient in MS Excel, Word, and PowerPoint (Power BI a plus) Other
References Salary Range $105k-115k ING is an 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. 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.
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