Assistant Manager/Manager, Loans Agency
ING Bank N.V. - Singapore • Singapore, SG
ING Bank
ING Bank covers Wholesale and Retail Banking in Asia Pacific. Our Wholesale Banking business is present and active in 11 major economies in the Asia Pacific, namely:
- China
- Hong Kong SAR
- India
- Indonesia
- Japan
- Philippines
- Singapore
- South Korea
- Taiwan
- Vietnam
ING Wholesale Banking in Singapore
We began operating in Singapore in 1987 where we host the regional Asia Pacific headquarters. With over 300 financial experts, we are the largest wholesale banking branch in Asia.
ING stands out in the Asia Pacific region because we go a step further for our customers. We look at things from the client’s perspective which allows us to construct tailor-made solutions to fit the needs of every company we serve. This mentality underpins all our client relations and has produced various prestigious awards.
Overview:
A facility agent acts as the primary point of contact between the transaction parties to a syndicated loan. Whilst appointed to co-ordinate the communication between clients, lenders and business partners, the Facility agent is also responsible for handling the flow of funds and providing on-going transaction support during the lifecycle of a deal.
In their role as facility agent (and/or security agent) the agency team are part of an agency platform and oversee a wide range of deals originating from various industry sectors including but not exclusive to:
- Diversified Corporates
- Financial Institutions (predominately Insurance and Investment Funds)
- Transportation
- Infrastructure
- Real Estate
- Acquisition Finance
Role:
Working in a self-coordinating Client Loyalty Team (CLT) that promotes the ING One Agile Way of Working, you will become part of a small team dedicated to maximising their potential and providing outstanding client service. In a market where speed and flexibility are key, continuous improvement and being responsive to the needs of our clients is a must.
Main Duties and Responsibilities of Role:
- Review of the facility documentation from an operability perspective to ensure that ING’s standards and the latest APLMA/LSTA templates are adhered to.
- Collaborate with the originating business and legal counsel in terms of comments raised, to ensure that such points are negotiated to a successful outcome.
- Identify and collate the information required to on-board a new deal whilst ensuring that all documentation is received on a timely basis.
- Liaise with legal counsel to ensure that relevant CPs are fulfilled and proactively manage the deal closing process, including funds flow.
- Co-ordinate loan closing and primary syndication from an agency perspective, ensuring that a collaborative relationship is achieved and maintained with the originating business, syndications and any other stakeholders.
- Deal set up and ongoing deal management in LoanIQ with reference to the facility agreement.
- Work with internal and external contacts to manage the non-operational aspects of a deal including amendments, waivers and consent and act as the main point of contact for all deal issue escalations, ensuring that all matters are dealt with in a timely and efficient manner.
- Proactively manage day to day run activities (drawdowns, rollovers, repayments, fees margin adjustments, covenants, secondary debt trades / transfers etc) whilst working with and overseeing the various offshore support teams to ensure that a high quality, client focussed, and control conscious product is delivered.
Experience/Knowledge
Essential:
- 2 - 5 years Loan Agency experience in a comparable role with a full understanding of all aspects of the role of the Agent and the Syndicated Loan Market.
- Proven ability to read and interpret credit agreements.
- Working knowledge of LoanIQ.
Desirable:
- Exposure to Structured Finance i.e. Real Estate Finance, Acquisition Finance or Transportation and Infrastructure Finance and Security Agent experience.
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.
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