Stage Lending - PM

About the Team

The Lending Portfolio Management team is responsible for the active management of ING's lending portfolio across the Energy, Telecom, Media & Technology, and Real Estate sectors. The team oversees all activities following deal closing, ensuring effective credit risk monitoring, portfolio performance assessment, and compliance with financing documentation.

The successful candidate will join a team of experienced professionals and gain direct exposure to complex structured finance and project finance transactions. The role offers the opportunity to work closely with colleagues across Origination/Sectors, Transaction Management, Risk Management, Legal and Operations, providing a broad understanding of the end-to-end lending lifecycle.

Key Responsibilities

- Support the preparation of annual credit reviews and periodic portfolio assessments.

- Assist in the review and update of internal credit risk ratings, including the maintenance and running of transaction financial models.

- Support the management of amendments, waivers, refinancings and extensions, including the preparation of internal credit applications and coordination of approval processes.

- Monitor transactions’ performance through the analysis of financial statements, financial covenants, operating reports, and other key credit metrics.

- Assist in the identification and assessment of early warning signals and emerging credit risks.

- Participate in client meetings, lender meetings and internal deal discussions.

- Contribute to portfolio reporting, data analysis and ad hoc management information requests.

- Support Portfolio Managers in assessing market developments and evaluating their potential impact on portfolio performance and credit quality.

Requirements

- Master's degree (or ongoing Master's studies) in Finance, Economics, Business Administration, Accounting or related disciplines.

- Strong interest in corporate lending, project finance, structured finance and credit risk.

- Courses or academic exposure to Project Finance or Real Estate Finance would be considered an advantage.

- Previous internship or work experience within banking, finance, consulting or financial advisory is a plus.

- Strong analytical and quantitative skills, with attention to detail.

- Advanced knowledge of Microsoft Excel and good knowledge of PowerPoint, Word and Outlook.

- Fluency in both English and Italian is required.

- Proactive attitude, strong teamwork skills and willingness to work in a dynamic international environment.

What You Will Gain

- Hands-on experience in the management of a diversified lending portfolio across multiple sectors.

- Exposure to complex financing structures, credit risk analysis and portfolio management activities.

- Interaction with senior bankers, risk officers, legal teams and external stakeholders.

- Development of financial modelling, credit analysis and portfolio management skills within a leading international bank.

Location: Milan (hybrid)

Compensation: 1500€/month

About ING

ING offers many opportunities to build a diverse and rewarding career. You will be joining an international innovative digital bank, the first in Italy to adopt a fully flexible smart working model, and you will be working in a stimulating environment where you can grow both as an individual and as a professional.

Our purpose - empowering people to stay a step ahead in life and in business - represents our belief in people’s potential. We don’t judge, coach or to tell people how to live their lives. We empower people and businesses to realize their own vision for a better future.

#doyourthing is our brand direction with us each and every day. It is how we articulate our purpose and our promise to make banking frictionless to the world. ‘do your thing’ is about people being free to live the life they want to live, knowing that they will make their world a little better for it.

Do you think you are "a step ahead"? Apply now!

The benefits of joining ING

In addition to being a part of a great team, working in a fun and innovative environment, we offer:

• Super flexible smart working

• Diverse cultures & Innovative mindsets

• International Environment

• Commitment to sustainability

• Lots of training development opportunities to help you grow

• Lots of moments dedicated to physical and mental well-being

• A special day off when it is your birthday: we call it #doyourbirthday!

• And of course we can’t forget: free water & coffee at the office!

Our Commitment

Diversity is a fundamental element of our corporate culture, and we are fully committed to creating a safe and inclusive environment, based on mutual respect and the value of diversity, offering equal job opportunities to all qualified candidates.

Job Application Safety Reminder ⚠️

We’re seeing an increase in fraudulent job offers. To protect yourself, please follow these key guidelines when applying for roles at ING:

• Apply only via official ING platforms: ING uses Workday as its internal recruitment system. Applications should be submitted only via our official career site.

• Check the sender’s email carefully: legitimate communication will always come from: @ing.com and/or @myworkday.com

• No payments or banking details will ever be requested. If someone asks for this information, it’s a scam.