Associate, Sector-Based and Specialized Lending - TMT/Digital Infrastructure

Job description

Wholesale Banking | Sector-Based & Specialized Lending | Infrastructure Finance, Vice President | 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: We are seeking to recruit an Infrastructure Finance banker to join ING’s Sector based & Specialized Lending (“SSL”) platform in the Americas. The successful candidate will combine sector expertise with strong credit and execution skills, and will partner closely with coverage, execution/portfolio/agency teams and other product partners across Wholesale Banking to originate and deliver infrastructure financings in the Americas (including Latin America). The role requires an experienced banker who can work with limited supervision. Within SSL, you will support sector-driven client activity while helping lead and execute debt financings that are often structured and complex, coordinating internal approvals and working with product partners on cross-sell opportunities. Prior Infrastructure project finance experience, strong credit judgment, and familiarity with other Capital Markets products is essential. About the department: SSL sits within ING Wholesale Banking Lending and is responsible for originating, structuring and underwriting specialized lending transactions across Energy, TMT, Infrastructure, Financial Institutions, Metals & Mining, Real Estate, Food & Agriculture, and Healthcare. Lending is at the heart of ING’s global Wholesale Banking franchise—our largest product and a core driver of client relationships, sector coverage, sustainability impact and revenue generation. SSL works as a sector-aligned product team, partnering with colleagues across Coverage, Risk, Legal, Loan Syndicate/Distribution and operations to conduct diligent underwriting standards and deliver tailored financing solutions to our customers. Responsibilities: Work independently and in coordination with the other team members in the group to assist in the origination and execution of new infrastructure transactions in the Americas. You will drive the credit process from inception to financial close, including but not limited to the preparation of internal memos and credit approval packages, and support other more senior Deal Principals for complex transactions; For straightforward transactions, structure and execute assuming responsibility for all aspects of the deal including, but not limited to due diligence, preparation and negotiation of terms, obtaining final credit approval, and processing final documentation and financial close; Actively engage with other departments (financial markets, Debt Capital Markets, Research as appropriate) to ensure proper coverage of all aspects of the transaction; Timely process amendments, waivers, etc. in accordance with ING policies and procedures; Steer the origination narrative and related marketing materials when it comes to Lending, including client pitch content, deal teasers and internal credit/committee presentations, coordinating inputs between client coverage and Lending; Keep abreast of current market trends in the infrastructure market in the Americas; Assist in the development and mentoring of junior team members. Qualifications and Competencies A Bachelor’s (or Master's Degree) in Finance, Engineering, Accounting, Business, Economics, Mathematics, Planning or closely related field with emphasis on quantitative skills Experience / Knowledge: Minimum of 5 years of relevant financial experience preferably within the Infrastructure sector; Specialized knowledge across (i) concession/PPP/P3 project financings; (ii) NAV-based financings; (iii) infrastructure corporate / HoldCo lending; and (iv) acquisition and leveraged infrastructure finance, amongst others. You have an growing network of contacts in the infrastructure finance field amongst banks, non-bank lenders, advisors and sponsors You have excellent verbal and written communication skills; You will have proficiency in MS Office (Excel, Word, PowerPoint): strong excel skills and be able to operate financial models (will be tested); You have a comprehensive understanding of core financial documents (Income Statement, Cash Flow Statement and Balance Sheet); Knowledge of industry and company dynamics in the Infrastructure project finance sector; Proven understanding of Corporate and Investment Banking markets; Previous credit analysis background. Competencies: You are reliable and inventive and have strong attention to detail; Ability to build and retain long term client relationships with effective interpersonal skills; Proven track record to complete assignments efficiently and accurately in a fast-paced environment; Strategic thinker with can-do and creative mindset; Preference for candidates with datacenter financing exposure; Preference for FINRA certified candidates (i.e. SIE, Series 79 & 63); Strong communication and literacy skills. Spanish always a plus but not essential; You have demonstrated multi-tasking and analytical skills with a strong work ethic; Strong organizational and analytical skills along with a strong knowledge of statistics/mathematics. Salary: $185,000-$240,000 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.