Portfolio Management Analyst

Lending | Portfolio Management | Portfolio Management Analyst | New York

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:

As an Analyst in this team your primary responsibility will be the ongoing management of the Project Finance loan portfolio, with an emphasis on credit monitoring, analytics and internal reporting.

About the department:

This role is a member of the Project Finance team that comprises the critical Project Finance portfolio management and reporting foundation of all lending origination and underwriting activity.

Responsibilities:

• Prepare and submit quarterly and annual credit reviews/packages
• Review and compare financial performance to budget, evaluate financial projections and remodel forecast (as needed)
• Compile and participate in quarterly Credit Risk Management (“CRM”) portfolio reviews
• Assist in the execution and preparation of amendment and waiver requests, aide in writing credit modifications, submit to risk and address Q&A, and follow-up on the required legal documentation
• Assess and track compliance of borrowing bases, collateral, liquidity/availability, covenants and other reporting items (i.e. UCC filings, insurance, etc.) in line with the bank’s policy and procedures
• Perform and review risk ratings for borrowers
• Prepare quarterly memorandums for challenging/underperforming credits
• Prepare and maintain reports as requested by regulators, rating agencies and other external parties
• Maintain various department and industry databases/trackers
• Maintain internal portfolio tracking metrics
• Respond to ad hoc internal requests on portfolio composition and exposure
• Coordinate and work with offshore portfolio support teams
• Research industry sectors and work with industry coverage colleagues to prepare updates
• Assume key role in handling internal system processing (Vantage) including GRID, FINAN, TSC, Risk Rater
• Monitor and identify market developments and proactively manage their potential impacts on the portfolio
• Coordinate timely and accurate response to internal and external regulatory controls and audits by providing the required insights, reports and samples and by participating in the dialogue if so requested
• 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
• Coordinate with KYC/CDD team
• Assist the team in the execution of new transactions, amendments and refinancings on an as-needed basis

Qualifications and Competencies

• BA/BS in finance/economics/accounting/management/engineering (or similar)
• CFA a plus
• At least 1 year of relevant experience credit/accounting/business analytics/project management/portfolio reporting and/or KYC/Compliance
• Formal credit training and financial projection knowledge required
• Prior Project Finance and/or energy and commodity finance experience a plus
• Spanish proficiency a plus
• Excellent presentation and communication skills
• Strong analytical, problem solving and project management skills with the ability to multitask and deliver under tight deadlines
• Excellent interpersonal and verbal/ written communication skills to ensure effective communication with various local and global teams
• Excellent Microsoft skills (Excel, PowerPoint, Word)
• Experience working with large data (Pivots, V-Lookups) is valued
• Credit training preferred
• You are highly detailed in your work
• You are self-motivated and willing to work in a deal oriented and deadline driven environment
• You can manage and prioritize competing demands from multiple colleagues simultaneously
• You desire to work in a collaborative manner in contribution of team objectives

Other:

• Case Study including writing sample and a debt modeling test
• References
• Salary Range $105k-$115K

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 race, 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.

Die ING ist eine globale Bank mit über 60.000 Mitarbeitenden. Wir sind für rund 38 Millionen Privat-Kundinnen und Kunden sowie für unsere Geschäfts- und Firmenkunden in über 40 Ländern da. Wir sind bunt, vielfältig, digital und stolz darauf. Lust uns kennenzulernen?

Dich erwartet eine Kultur auf Augenhöhe, flexible Arbeitsweisen und die Chance, mit einem Job wirklich etwas zu verändern. Denn als globale Bank berühren wir das Leben von Millionen Menschen und wir streben danach einen positiven Einfluss auf die Gesellschaft und auf unseren Planeten zu haben.

Selbstbestimmtes Arbeiten ist unser täglich Brot: Wir vertrauen unseren Mitarbeitenden und ermutigen sie, ihr Ding zu machen – also ihre Karriere so zu gestalten, wie es für sie am besten ist. Wir sind mehr als ein Arbeitgeber – wir sind innovativ, lösen Probleme, sind immer einen Schritt voraus und setzen uns dafür ein, einen echten Unterschied zu machen.

Egal, ob Du gerade Deine Karriere startest oder die nächste große Herausforderung suchst, wir haben viele Jobmöglichkeiten, die Dich inspirieren und über Dich hinauswachsen lassen. Deine Zukunft bei der ING beginnt mit einer Bewerbung.

Bist du bereit, Teil der ING zu werden? Wir haben viele Jobmöglichkeiten, die zu Deinen Fähigkeiten und Ambitionen passen! Verwende die Filter unter der Suchleiste, wie Standort und Jobtyp, um die perfekte Stelle zu finden. Starte jetzt mit der Suche und finde heraus, wohin Dich Dein nächster Karriereschritt führen könnte!