Associate, Infrastructure

Sectors| Infrastructure Finance | Associate | NYC

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. 

When you come to work at ING, you’re joining a team where individuality isn’t just accepted, it’s encouraged. We’ve built a culture that’s fun, friendly and supportive – it’s the kind of place where you can be yourself and make the most of whatever you have to offer.

We give people the freedom to take risks, think differently, take ownership of their work, and make great things happen. We’re here to help you get ahead. And with our global network, there’s plenty of scope to take your career in new directions, perhaps even ones you’ve never considered. ING Americas follows a hybrid work model, allowing for in-office / work from home flexibility. Hybrid work arrangements vary based on business area.

Sound like the kind of place you’d feel at home? We’d love to hear from you.

About the position:

The Infrastructure Finance team within ING Wholesale Banking has the mandate to develop wholesale banking business for ING in this sector globally. The sector team is responsible for developing business with clients in this sector by providing wholesale banking solutions including financing, advisory services, financial market solutions, transaction services and other products & services to clients through its teams based in Asia Pacific, Europe and the Americas.  In the Americas region, the team is currently based in New York.

Target sectors are companies/SPVs in the transportation (airports, roads, ports, transit), distributed energy networks and transmission, water, and social facilities sector. 

About the department:

The Infrastructure Finance team within ING Wholesale Banking has the mandate to develop wholesale banking business for ING in this sector globally. The sector team is responsible for developing business with clients in this sector by providing wholesale banking solutions including financing, advisory services, financial market solutions, transaction services and other products & services to clients through its teams based in Asia Pacific, Europe and the Americas. 

Responsibilities:

• New Deal Origination Support: Support MDs, Directors and VPs in the Infrastructure Team in the origination and structuring of financing solutions, with an emphasis on project finance within the transportation (airports, ports, road, rail), water, social infrastructure, district energy/utilities and related core+ sub-sectors.
• Onboarding of clients/ borrowers
• KYC, industry & market analysis
• Preparing pitches and presentations for new financing opportunities, capital structuring or M&A transactions in the infrastructure sector
• Greenlight memos, using own or third-party financial models to prepare or review financial projections and sensitivities analysis
• Reviewing due diligence materials, and assisting in the maintenance of industry and market intelligence databases

Qualifications and Competencies

• Bachelor’s degree in accounting, finance, economics or math
• Minimum 3 years of relevant project/corporate finance experience ideally with exposure to project finance
• Experience w/ pitching materials and power point.
• Proficiency in MS Office (Excel, Word, PowerPoint): Must have outstanding Excel skills and be able to build own/use third-party financial debt models very soon after starting.
• Series 79/63 or commitment to obtain within 6 months of joining.
• Must be able to manage multiple projects simultaneously and meet tight deadlines
• Fundamental understanding of GAAP accounting principles and comfort with core financial statements (Income Statement, Cash Flow Statement and Balance Sheet).
• Fundamental understanding of key financial markets and products.
• Basic understanding of corporate and bankruptcy law.
• Team Player, self-motivated high quality/high quantity producer
• Solid math and analytical skills essential
• Strong written and oral communication skills
• Must be highly detail-oriented and accurate

Other:

• Writing sample – preferably a credit analysis
• Taking a basic debt modelling test
• References

Salary: $130,000 - $175,000

In addition to comprehensive health benefits, a generous 401k savings plan, and competitive PTO, ING provides a broad array of benefits including adoption, surrogacy, and fertility services; student debt assistance; and subsidies for expenses associated with commuting, and fitness.

ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to color, gender, religion, national origin, citizenship, disability, age, sexual orientation, or any other characteristic protected by law. We celebrate these differences and rely upon your unique perspective to innovate and seize new opportunities. Come as you are.

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.