Lending Transaction Management | Energy| Vice President | NYC
Energy, VP-Transaction Management, NYC
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. ING Americas follows a hybrid work model, allowing for in-office / work from home flexibility. Hybrid work arrangements vary based on business area.
Sound like the kind of place you’d feel at home? We’d love to hear from you.
About the position:
This is a senior lending professional role within the front office. As player-coach, you will carry primary responsibility for some of the key processes related to lending transactions, along with guiding a team of junior bankers that execute new lending transactions and works closely with the client relationship managers – Directors and Managing Directors - and sector experts to originate new lending transactions. You will work most closely with the Energy team, which is part of ING Global Sector Coverage to cover traditional and renewable power generation, including storage and you will work with other sector teams as well. In this role, you will be responsible for: New Deal Origination / Execution: Execute new business in two or three sectors with an emphasis on Renewables & Power.
Responsibilities :
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.
Qualifications and Competencies
- 6 + years of relevant project/corporate finance experience ideally in the North American power industry
- Active Series 79/63 or eligibility.
- Bachelor’s degree in accounting, Finance, Economics or Math; MBA is a positive
- Strong financial and credit analysis capabilities
- Strong financial modeling capabilities, including strong Excel skills and ability to independently work on financial debt projection models.
- In-depth knowledge of the power and renewables project finance industry, including a healthy degree of familiarity with financing structures, tax equity, etc.
- Knowledge of, or high degree of interest in, any of the following industries: TMT, Real Estate, Trade & Commodity Finance, Investment Industry Finance, Infrastructure, Financial Institutions, Export Finance, Asset Backed Lending and Food & Agriculture
- 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, that involve managing multiple projects simultaneously and meet strict deadlines.
- Committed and dedicated team player, self-motivated high quality/high quantity producer
- Strong written and oral communication skills; detail-oriented and accurate
- Proficiency in MS Office (Excel, Word, PowerPoint)
- 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.
