Associate- Trade Commodity Finance

About the role

The Associate will be part of ING’s TCF team, supporting the Houston office, and reporting to the Head of TCF Houston. The TCF Houston team is responsible for supporting physical commodity traders across energy, metals and agricultural/soft with financing and advisory needs. The team manages sizeable exposures and acts as coverage team, cross-selling ING’s products and actively collaborates with other sectors such as Energy project finance, Food and Agri, Mining and others.

Responsibilities

• Lead end-to-end execution of transactions (new onboardings, refinancings, amendments, annual reviews, etc) from client onboarding (where applicable) through credit approval and deal closing.
• Prepare and present transactions for commercial approval (run return models, rating, prepare memos to seek internal supports, complete financial and collateral analysis, prepare market updates, etc).
• Collaborate with relationship managers, product partners, legal and risk teams to ensure alignment and timely execution.
• Serve as a primary point of contact for internal stakeholders during transaction execution, addressing issues and managing timelines.
• Prepare client meetings (briefing memos, call notes, follow ups).
• Prepare PowerPoint decks for client pitches and internal presentations.
• Prepare and execute receivable discounting transactions and prepare limit approval proposals for Risk.
• Prepare and maintain marketing materials, aid in prospecting, and identify new business opportunities with existing clients.
• Actively manage all facets of the daily operations of the identified portfolio, including but not limited to:
• Routinely analyze the credit migration trends of the portfolio and individual names;
• Track compliance of financial covenants and other reporting covenants;
• Review annual risk rating updates prepared by an administrative support team;
• Maintain internal databases/trackers for the TCF Houston portfolio;
• Maintain internal portfolio tracking metrics for the TCF Houston portfolio;
• Respond to ad hoc internal requests on portfolio composition and exposure;
• Coordinate and work with offshore portfolio support teams.
• Stay up-to-date on organizational operating policies and procedures (i.e. Risk, Legal, etc.) to ensure appropriate protocols are implemented and followed, and facilitate accordingly.
• Cook up with KYC/CDD team.

Qualifications and Competencies

• BA/BS in finance/economics/accounting (or similar)
• Minimum of 3-4 years of relevant experience
• Strong written and verbal communication skills
• Strong financial and credit analysis capabilities
• Ability to thrive in a fast-paced environment with multiple competing priorities
• Committed and dedicated individual who will continuously improve the way the team works
• Self-motivated and willing to work in a deal oriented and deadline driven environment
• Experience taking internal credit approval processes from start to finish
• Knowledge of Legal Documentation
• Proficient in MS Excel and Word

Pay

$130,000 - $175,000