Associate, Portfolio Management

ING Americas’ Wholesale Banking division offers a broad range of innovative financial products and services to domestic and international corporate and institutional clients. We’ve built a culture that’s fun, friendly, and supportive—where individuality is encouraged, risks are taken, and ownership is embraced. With a global network and hybrid work model (in-office/work-from-home flexibility varies by business area), there’s ample opportunity to grow your career in new directions.

About The Department

This role sits within a team that serves as the critical portfolio management and reporting foundation for all lending origination and underwriting activity.

Responsibilities

• Support the Team Lead in preparing and managing daily portfolio operations, including:
  • Quarterly and annual credit reviews
  • Quarterly Credit Risk Management (“CRM”) portfolio reviews
  • Processing amendment and waiver requests, drafting or reviewing credit modifications, submitting to risk, addressing Q&A, and following up on legal amendments until execution
  • Tracking compliance of financial covenants and other reporting covenants (e.g., construction/operating reports, insurance)
• Assist in the execution of new transactions, amendments, and refinancings as needed
• Prepare and maintain financial projections for portfolio names
• Prepare and maintain reports for regulators, rating agencies, and other external parties
• Maintain department and industry databases/trackers and internal portfolio tracking metrics
• Respond to ad hoc internal requests on portfolio composition and exposure
• Coordinate and collaborate with offshore portfolio support teams
• Work with Sector colleagues to prepare quarterly sector updates
• Handle internal system processing (Vantage) including GRID, FINAN, TSC, and Risk Rater
• Conduct diligent and proactive credit monitoring by reviewing covenanted financial and project information (e.g., financial models, Borrower/Adviser operational/construction progress reports) and ensuring compliance with all regular reporting activities per bank policy
• Monitor and identify market developments, proactively managing their potential impact on the portfolio
• Support the Team Lead and coordinate between Portfolio Management and Origination to ensure timely and accurate responses to internal (CAS) and external regulatory controls and audits, providing required insights, reports, and samples
• Stay up-to-date on organizational operating policies and procedures (e.g., Risk, Legal) to ensure appropriate protocols are followed
• Coordinate with the KYC/CDD team

Requirements

• Minimum of 3 years of project finance and/or energy and commodities finance experience
• BA/BS in finance, economics, accounting, management, engineering, or a related field
• CFA is a plus
• Spanish proficiency is a plus
• Strong financial and credit analysis capabilities
• Strong financial modeling capabilities
• Knowledge of the industry and experience with project finance structures
• Excellent presentation and communication skills
• Ability to thrive in a fast-paced environment with multiple competing priorities
• Committed and dedicated individual
• Understanding of risks associated with project finance
• Knowledge of legal documentation
• Proficient in MS Excel and Word

Additional requirements: Case study including a writing sample and a debt modeling test; references.

Pay

Salary range: $130K – $175K (base salary only). This role is eligible for participation in a discretionary bonus program.

Benefits

• Comprehensive health benefits
• Generous 401k savings plan
• Competitive PTO
• Adoption, surrogacy, and fertility services
• Student debt assistance
• Subsidies for commuting and fitness expenses