Risk Manager - Corporate Sector Lending

The team

The dynamic Transaction Approval & Advice (‘TA&A’) department within the Wholesale Bank CRO domain is responsible for the analysis, advice and decision making of tailored (lending) transactions for our key WB Sector and Lending clients and supporting these clients in their success whilst safeguarding the risk appetite of the bank. The risk managers (SCO’s and risk officers) have a deep understanding of credit structuring, credit risk and businesses & markets, next to the assessment of related risks like ESG, compliance and climate risk. In addition to the asset-by-asset approval process, the risk managers manage their portfolio and advice senior management on strategic direction in terms of risk appetite and portfolio steering.

Our Amsterdam department employs ~65 persons and is organized in 5 teams;

Energy, Transportation & Logistics; Real Estate, Infra & Construction; Commodities, Food and Agri; TMT & Healthcare, Acquisition Finance, Asset Securitization, Corporate Sector Lending, Corporate Investments, BMG, and Working Capital Solutions; Environmental & Social Responsibility

Roles and responsibilities

We are looking for a dynamic and eager junior banker to work in the team responsible for TMT & Healthcare, Acquisition Finance, Asec, CI, Corporate Sector Lending, BMG and WCS. The team consists of ~15 FTE. Your position will be based in the Amsterdam and you will report to the team lead.

Your primary focus will be supporting the Corporate Sector Lending (CSL) SCO’s. Given the Sector agnostic approach of the local facilities from foreign (large) Corporates booked in the Netherlands, the above average cross-sell in the Dutch CSL portfolio in general as well as (to be developed) general understanding of Corporate Lending, and its diverse and multi-product funding sources are likely to involve you in other product and general corporate areas of the team.

The role of the Credit Risk Officer is to support the sector Senior Credit Officers (SCO’s) in executing client transactions from originating to closing and helping to manage the credit risk of the respective portfolios. It is a wide-ranging role that provides an excellent opportunity to learn about all aspects of credit risk management, different CSL sub-sectors and other portfolios and products.

In addition, the TA&A teams are engaged in many strategic projects, being involved in efficiency processes, sector analysis, RAS limit setting, LT, reporting, climate change and many other related initiatives covering the wider credit strategy of ING.

We are a dynamic team, closely working with Front Office, focused on taking responsible credit risks and managing the various portfolios. The timelines of requests are usually demanding hence flexibility and a ‘can do ‘mentality is important. If suitable, increasing responsibilities will be granted to make sure the personal learning curve is sufficiently steep.

Job description:

• Providing assistance to SCO’s with Risk Ratings, admin and system tasks in for example Vortex, Approval Package, and CLO;
• Act as a joint of contact with the SCO for the respective portfolios assigned and act as point of contact if the SCO is not available;
• Ensuring quality and consistency of credit applications and that transactions meet the conditions of approval as set out in the credit process;
• Supporting the SCO’s on new transactions, credit modifications and annual reviews in order to form an opinion on the credit risk by virtue of business model analysis, sector trends, credit structure risks, climate/ESG risks and other aspects of credit risk.
• Closely monitoring the portfolios and helping to develop data led reporting and portfolio management;
• Actively providing input and performing analysis for various internal/external reports;
• Developing and maintaining relationships with front office peers and stakeholders;
• Participating in projects and actively providing input for/developing relevant risk policies and reports.

A Credit Risk Officer should have the capabilities & skills to act or grow into the role of a junior SCO, increasing its responsibilities over the years while obtaining a steep learning curve.

How to succeed

We hire smart people like you for your potential. Our biggest expectation is that you’ll stay curious. Keep learning. Take on responsibility. In return, we’ll back you to develop into an even more awesome version of yourself.

The candidate should have meaningful (3+ years) experience in Wholesale banking in a front office or relevant risk management role. A background and experience with credit structuring, including the Credit Risk Policies and Lending Procedures as well as different ING Products is preferred.

Self-starting attitude and taking sufficient responsibility in their previous roles is expected. The candidate must have an enquiring & analytical mind, a good commercial / risk balance and eagerness to analyze and dig in. Furthermore, the candidate has strong social skills, an understanding of internal governance and good stakeholder management capabilities. We look for a pro-active, dedicated and independent thinker who is willing to go the extra mile as our clients are demanding. The candidate displays potential with an ability to work in a demanding environment.

Your profile is:

• Demonstrable experience at sufficient level of banking, including business and financial analysis as well as core credit structuring skills;
• Strong personality, self-starter, hands on, with ability and eagerness to learn and high integrity standards;
• Good communication skills (verbal and in writing), and fluent in English
• An independent thinker, not afraid to provide a different point of view and open to the exchange and bringing forward of ideas;
• Team player, social, enjoying collaboration across the bank and committed to help others.
• Willingness to invest in (sub)sector- and product knowledge and improvement of processes, and ability to link this expertise to current trends and credit risk monitoring developments.
• An academic background in e.g. Finance, Business or Economics.
• Strong data management skills is a pro

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 salary tailored to your qualities and experience

●          24-27 vacation days depending on contract

●          Pension scheme

●          13th month salary

●          8% Holiday payment

●          Hybrid working

●          Personal growth and challenging work with endless possibilities

●          An informal working environment with innovative colleagues

About us
Curious about how ING empowers people and businesses to move forward? Discover what we do and what we can offer you.

About us

With 60,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of what’s possible and at the same time ensure you work with integrity and hold the customer’s interests at heart? Do you want to be surrounded by progressive, inspiring, diverse and supportive colleagues? Then there is no better place to invest your talents than at ING. Join us. Apply today.

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.