Vice President - Energy

About ING: 

Ranked #8 on LinkedIn Top Companies in Financial Services

Crain’s 100 Best Places to Work

Ragan’s Top Places to Work in 2023

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.

The Opportunity:

The Energy team is part of ING Global Sector Coverage which covers the energy value chain including oil & gas production, transport & storage, traditional and renewable power generation, and new energy technologies (CCUS, batteries and hydrogen).  As an Vice President  for the Energy team based in New York, you will be responsible for: 

New Deal Origination / Execution: Execute new business in coordination with Directors and MDs with an emphasis on Midstream & Downstream oil & gas and New Energy Technology transactions. Responsibilities include but are not limited to preparing presentation materials for new financing opportunities, initial deal screening/selection and risk analysis, writing greenlight memos, performing due diligence, credit applications and ancillary documents, reviewing and/or negotiating financing documents and material project agreements, capital structuring or M&A transactions in the energy sector as well as assisting and managing the onboarding of clients/ borrowers, KYC, credit, industry & market analysis, building return and project finance debt models from scratch, and internal risk rating models.

Portfolio Management: Manage a portfolio of loan transactions as primary officer, which includes coordination with the respective relationship manager and the Transaction, Regulatory Function team (portfolio management team).  Responsibilities include but are not limited to the review and quality control of the work of supporting junior staff that are allocated to the respective transaction as secondary officer and which are preparing and processing annual credit reviews, preparing and processing loan modification / amendment requests, tracking covenant compliance and maintaining internal portfolio tracking metrics, reviewing legal documentation, maintaining credit files and loan documentation, reviewing and processing borrowing and disbursement requests, interfacing with Risk Management, internal and external Legal and Loan Operations, and preparing periodic pipeline and profitability reports.

Requisite Skill Set:

• 6-8 years of relevant project/corporate finance experience ideally in the Midstream & Downstream oil & gas or general Energy industry.
• Bachelor’s Degree in Accounting, Finance, Economics or Math; MBA is a positive
• Strong financial and credit analysis capabilities
• Strong financial modeling capabilities 
• In-depth knowledge of the power and renewables and/or midstream & downstream oil and gas project finance industry
• Familiarity with financing structures, tax equity, etc.
• Ability to manage, motivate and mentor junior staff members
• Excellent presentation and communication skills
• Ability to thrive in a fast-paced environment with multiple competing priorities
• Committed and dedicated team player, self-motivated high quality/high quantity producer
• Strong written and oral communication skills; detail-oriented and accurate
• Ability to manage multiple projects simultaneously and meet strict deadlines
• Proficiency in MS Office (Excel, Word, PowerPoint): Strong Excel skills and ability to independently work on financial debt projection models
• Strong understanding of key financial markets and products
• Understanding of corporate and bankruptcy law

Other:

• Deal Credentials including bank and individual role and responsibilities
• References

Salary Range: $180,000 - $230,000

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.