Specialised Sector Lending Transaction Management - Associate

About the position:

As an Associate in the front office Specialized Lending / Project & Structured Finance Transaction Management team, you will support and work closely with Sector Relationship Managers  and Deal Principals (“DPs”) on Project & Structured Finance transactions, reporting to the Specialized Lending Transaction Management Lead. The work will be fast-paced and multifaceted and you will also be exposed to, and expected to work with, several of the other sectors in which ING specializes. You will also work with senior Specialized Lending Transaction Management colleagues and Portfolio Management colleagues.

The Transaction Management team will be involved with every new non-recourse, long-term Project & Structured Finance lending transaction in the sectors of Energy, Real Estate and Telecom, Media, Technology&Healthcare and will take primary responsibility for many of the key processes.

The role 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/Deal Administration.

Responsibilities include a.o.:

• Preparing and efficiently processing of credit approval packages, including reviewing due diligence;

• Analysis of different transaction structures and providing recommendations;

• Preparing business comparables and analysis of debt structures, performance metrics and debt pricing;

• Support to Sector Relationship Managers in preparing internal commercial approval memos,;

• Developing/reviewing project finance debt models, running financial models with sensitivity analysis and validation of key assumptions;

• Running internal models including risk ratings and loan pricing, and interfacing with risk management to establish the appropriate internal risk rating;

• Interfacing with loan operations, treasury and the lending center of excellence units to verify limit availability, and compliance with internal policies;

• Preparation of marketing materials and lending analytics for clients;

• Assisting with term sheet negotiations and with reviewing legal documentation and validating key terms & conditions;

• Attending meetings and calls with customers including transaction-related due diligence;

• Responsibility for deal closing including final CPs and obtaining the final loan documents, and support to drawdowns and closing mechanics in cooperation with back office colleagues;

• Ensuring a consistent level of quality and policy compliance through training and development activities;

• Staying current on organizational operating policies and procedures (i.e. Risk, Legal, etc.);

• Working with and mentor Analysts and Interns by supporting them in their personal and professional development as lending professionals.

Qualifications and Competencies

Qualifications / Education:

Master’s degree in finance/economics/accounting/management/engineering (or similar); CFA a plus

Experience / Knowledge:

• 2-5 years of relevant Project & Structured Finance experience (Telecom-Media-Technology related field experience will be considered a plus)

Competencies:

• Collaborative and inclusive team player

• Embracing diversity and cross-cultural awareness and able to work effectively across functions;

• Strong interest in your core sector and openness to other sectors;

• Exposure in Project & Structured finance loan origination and execution;

• Strong analytical skills and financial modelling skills;

• Authentic and confident presentation and communication skills;

• Self-motivated and able to thrive in a deal-oriented and deadline-driven environment;

• Strong work ethic, positive attitude, and professional demeanor.

Working conditions: Full Time

Duration: Permanent

Location: Milan (hybrid) 

About ING

ING offers many opportunities to build a diverse and rewarding career. You will be joining an international innovative digital bank, the first in Italy to adopt a fully flexible smart working model, and you will be working in a stimulating environment where you can grow both as an individual and as a professional.Our purpose - empowering people to stay a step ahead in life and in business - represents our belief in people’s potential. We don’t judge, coach or to tell people how to live their lives. We empower people and businesses to realize their own vision for a better future.
#doyourthing is our brand direction with us each and every day. It is how we articulate our purpose and our promise to make banking frictionless to the world.
‘do your thing’ is about people being free to live the life they want to live, knowing that they will make their world a little better for it.
Do you think you are "a step ahead"? Apply now!

The benefits of joining ING

In addition to being a part of a great team, working in a fun and innovative environment, we offer:

·Super flexible smart working

·Competitive base salaries and performance based bonuses

·Diverse cultures & Innovative mindsets

·International Environment

·Commitment to sustainability

·Lots of training development opportunities to help you grow

·Lots of moments dedicated to physical and mental well-being

·A special day off when it is your birthday: we call it #doyourbirthday!

·And of course we can’t forget: free water & coffee at the office! 

Our Commitment

Diversity is a fundamental element of our corporate culture, and we are fully committed to creating a safe and inclusive environment, based on mutual respect and the value of diversity, offering equal job opportunities to all qualified candidates.