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Vice President, Portfolio Management



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Lending | Leveraged & Structured Corporate Finance Portfolio Management | 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.

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

About the position:

This position offers the opportunity to help manage a dynamic multi-billion dollar corporate and leveraged finance portfolio across various verticals. You will work closely with our sponsor and industry specific sector coverage teams, risk management, capital markets, financial markets, and our portfolio analytics team. The position requires a self-starter to manage transactions and guide projects independently and someone who can effectively operate at various levels of seniority in different situations.

About the department:

L&SC PM is part of a global portfolio management platform and a pillar of Lending’s capital strategy. The team is considered experts on the individual borrowers and relevant industry subject matter.

Responsibilities:

You will assume the role of a senior banker performing all aspects of managing a large portfolio of senior secured loans for primarily sub-investment grade clients while mentoring and training the junior bankers.

  • Lead execution and negotiation of post-origination transactions such as amendments, waivers, refinancing, and occasionally workouts / restructurings
  • Oversee preparation of borrower analytics including financial updates, financial modeling, credit approval packages, market comparables and quarterly reporting statements.
  • Ongoing portfolio management responsibility for a group of selected accounts – monitoring and tracking credit performance, quarterly / annual reviews, regulatory and internal risk rating updates, etc.
  • Interpret and negotiate legal documentation while staying up to date on latest market trends
  • Identify new business opportunities with existing clients, e.g. recommend Financial Market products
  • Assist in handling internal system processing and KYC/CDD data gathering and processing where necessary
  • Collaborate with Relationship Managers, Risk Management, Compliance and Loan Operations teams

Qualifications and Competencies

  • You hold at least a Bachelor’s Degree in Economics / Finance / Accounting / Mathematics with excellent results. An advanced degree and/or a CFA is a plus.
  • You have previously received credit training and have a solid understanding of debt products
  • 5+ years of corporate and / or leveraged lending plus loan portfolio management experience from a US regulated bank considered for Vice President
  • Advanced understanding of transaction structuring and legal documentation
  • Formal credit training is a plus
  • Able to work independently with minimal oversight
  • Experience taking internal credit approval processes from start to finish
  • Excellent understanding of GAAP accounting statements & principles
  • Understand debt structuring and able to make recommendations when appropriate
  • Excel spreadsheets: three statement financial modeling skills are a must
  • You possess strong communication skills – writing sample required
  • You have strong credit skills – understand how to properly analyze risk
  • You are highly detailed in your work
  • You are self-motivated and willing to work in a deal oriented and deadline driven environment
  • You are able to manage and prioritize competing demands
  • You desire to work in a collaborative manner in contribution toward team objectives
  • You assist in developing junior talent and promote best practices

Salary Range $185,000-$240,000

The salary range listed reflects base salary only. This role is eligible for participation in a discretionary bonus program.

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.

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En ING queremos que las personas den lo mejor de sí mismas. Tenemos una cultura inclusiva donde todos pueden crecer y hacer la diferencia para nuestros clientes y la sociedad. Apoyamos siempre la diversidad, la igualdad y la inclusión. No toleramos ninguna forma de discriminación, ya sea por edad, género, identidad de género, cultura, experiencia, religión, raza, discapacidad, responsabilidades familiares, orientación sexual u otro motivo. Si necesitas ayuda o algún ajuste durante el proceso de selección o entrevista, ponte en contacto con el reclutador indicado en la oferta. Estaremos encantados de colaborar contigo para que todo sea justo y accesible. Haz clic aquí para saber más sobre nuestro compromiso con la diversidad y la inclusión

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