Associate, Sector-Based and Specialized Lending - Energy
About the role
This is a lending professional role within the front office. As a team member, you will carry primary responsibility for some of the key processes related to lending transactions, along with assisting a team of bankers that execute new lending transactions and work closely with the client relationship managers - Directors and Managing Directors - and sector experts to originate new lending transactions. In this role, you will be responsible for executing new business with an emphasis on Renewables & Power and New Energies.
Responsibilities
- Supporting the origination efforts of ING’s sector bankers;
- Participate in initial deal screening/selection and risk analysis;
- Perform due diligence and lead the internal credit approval on transactions;
- Reviewing financing documents and material project agreements and validating key terms & conditions;
- Building, reviewing, and maintaining transaction and internal risk rating and return models;
- Interfacing with risk, loan operations, treasury, legal teams, clients and co-lenders to coordinate loan closings;
- Capital structuring for transactions in the energy sector;
- Staying current on organizational operating policies and procedures (i.e. Risk, Legal, etc.) to ensure appropriate protocols are implemented and followed and facilitate these accordingly;
- Coach and mentor junior team members to build their technical skills and market knowledge.
Qualifications and Competencies
- 3+ years of relevant project/corporate finance experience ideally in the North American renewables and power market, including debt and equity financing structures;
- Familiarity with project finance structures, including potentially construction, operating, warehouse, holdco, tax equity, or other sector-specific structures;
- Understanding of GAAP accounting / core financial statements;
- Strong financial and credit analysis capabilities with ability to independently work on transactions;
- Strong financial modeling skills;
- Excellent presentation and written and oral communication skills; detail-oriented and accurate;
- Ability to thrive in a fast-paced environment with multiple competing priorities, that involve managing multiple projects simultaneously and meeting strict deadlines;
- Committed and dedicated team player, self-motivated, strong execution skills with high standards for quality, accuracy, and timeliness;
- Proficiency in MS Office (Excel, Word, PowerPoint).
Other
- Deal credentials including bank and individual role and responsibilities;
- Case study;
- Modeling test;
- References.
Pay
$130,000 - $175,000
Schedule
ING Americas follows a hybrid work model, allowing for in-office / work from home flexibility. Hybrid work arrangements vary based on business area.
Benefits
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.