Acquisition Finance Portfolio Management - VP

ING; Greater London; Hybrid; GBP 120,000 - 160,000; Full time

Benefits offered by this job

Hybrid working

Private medical

Generous annual leave

Job summary

ING in the United Kingdom is offering a Vice President role in Acquisition Finance Portfolio Management. You will actively manage booked assets in the UK lending portfolio, optimize returns through analytics, and collaborate with cross-functional teams across origination, compliance, and legal.

The role requires advanced cashflow modelling, strong credit analysis, and experience with project and acquisition finance.

Qualifications

• 5+ years of relevant lending execution and/or credit analysis experience in the banking industry.
• Prior exposure to specialized lending (project finance, object finance, acquisition finance) and/or real asset sub-sectors (energy, infrastructure, transportation & logistics, telecommunication and technology) a plus.
• Restructuring experience with highly leveraged borrowers.
• Solid competency in cashflow financial modelling, MS Excel, Powerpoint. PowerBI a plus.
• Fluency in French and Spanish is desirable but not essential.

Responsibilities

• Actively manage all facets of the individual files booked in your dedicated portfolio, including add-ons, refinancings, amendments and waivers, and coordination with TA&C for modifications.
• Perform periodic portfolio credit reviews and review annual risk rating updates.
• Monitor covenants and operating performance and identify Early Warning Signals for credit deterioration.
• Manage under-performing transactions and coordinate with TA&A, Watchlist Committee, or restructuring activity.
• Engage with AF Origination to identify new deal opportunities from the portfolio.
• Support capital velocity initiatives including loan sales, credit risk insurance or participations.

Skills

Credit analysis

Cashflow modelling

Excel

PowerPoint

PowerBI

French/Spanish language

Tools

MS Excel

PowerPoint

PowerBI

Job description

Acquisition Finance Portfolio Management - Vice President

We have a great opportunity to join our Acquisition Finance Portfolio Management (“AF PM”) team as Vice President (“VP”), a function within ING Lending franchise in UK. This is a mid-level lending professional role within the front office. As a key member of the AF PM team, your responsibility will be to actively manage AF booked assets in the lending portfolio in the UK and optimise returns through strong analytics and capital velocity.

On the team, you will be exposed to and work with different colleagues from several product and sector-based origination teams, specialized and corporate lending Transaction Management, Capital Markets & Advisory (particularly Loan Distributions), Transaction Advisory and Compliance (“TA&C”) and Legal whilst aligning with back office / support teams. At the same time, the AF PM team plays a key role in further optimizing our processes for regulatory readiness, operational effectiveness and portfolio optimization.

Key Responsibilities

The specific responsibilities of a VP include actively managing all facets of the individual files booked in your dedicated portfolio, including but not limited to:

• Processing of add-on, refinancings as well as amendment and waiver requests, preparation and submission to TA&C of credit modifications, Q&A and approval processes with TA&C, follow-up on the required legal amendments to the documentation until execution;

• Periodic portfolio credit reviews;

• Review of annual risk rating updates prepared by ING hubs’ administrative support teams;

• Diligent and proactive credit monitoring through the review of all financial covenants and operating performance (e.g. financial models, proforma adjustments, key drivers, etc.) and track compliance of covenants prepared by an administrative support team. Identification and resolution of Early Warning Signals for a deterioration in credit quality;

• Manage in the event of an under-performing transaction and requiring closer monitoring and management of stakeholders (i.e TA&A, Watchlist Committee) or restructuring/amendment activity to be undertaken;

• Involvement in restructuring files working alongside GCR, when distressed and special situations arise;

• Ongoing engagement and collaboration with the AF Origination team, identifying and mining new deal opportunities from AF portfolio;

• Involvement with capital velocity initiatives associated with the underlying loans including primary and secondary loan (or loan portfolio) sales, credit risk insurance or participations, loan-backed securitization and significant risk transfers.

• In addition, you will monitor and identify market developments and proactively manage their potential impact on your portfolio by:

• Preparing and maintaining reports as requested by regulators or internal stakeholders;

• Preparing quarterly Credit Risk Management (“CRM”) portfolio reviews;

• Preparing quarterly Watchlist reviews for the Global AF Watchlist Committee;

• Preparing quarterly submissions for the Loan Loss Provision (“LLP”) Committee;

• Maintaining various department and industry/sector databases/trackers;

• Maintaining internal portfolio tracking metrics;

• Responding to ad hoc internal requests on portfolio composition and exposure;

• Coordinating and working with offshore portfolio support teams;

• Managing lending limits and capital velocity programs.

• The VP will take active part in the various Virtual Client Teams by:

• Interfacing with relationship managers and sector coverage specialists to ensure an active dialogue on credit trends, challenges and opportunities for individual clients;

• Contributing to idea generation for value added cross-buy or client opportunities.

• undefined

• A VP is expected to build a culture of operational excellence by:

• Staying up to date on organizational operating policies and procedures (i.e. TA&C, Legal, etc.) to ensure appropriate protocols are implemented and followed, and facilitating accordingly;

• Contributing to the implementation of strategic initiatives, including enhancements to the credit monitoring process to improve business efficiency;

• Identifying productivity trends across the Front Office organization and using insights from reporting to create and drive efficient processes and improve productivity;

• Support the implementation of transformation projects;

• Staying up to date with external stakeholders / networking with a.o. Advisors (restructuring), lawyers to ensure an active awareness and understanding of prevailing trends, challenges and developments for leverage finance.

What We’re Looking For

Experience & Qualifications

• 5+ years of relevant lending execution and/or credit analysis experience in the banking industry.

• Prior exposure to specialized lending (project finance, object finance, acquisition finance) and/or real asset sub-sectors (energy, infrastructure, transportation & logistics, telecommunication and technology) a plus.

• Restructuring experience with highly leveraged borrowers

• Solid competency in cashflow financial modelling, MS Excel, Powerpoint. PowerBI a plus.

• Fluency in French and Spanish is desirable but not essential.

Skills & Competencies

• Collaborative and inclusive team player with consistent high marks on Orange Code behaviour; embracing diversity and cross-cultural awareness and able to work effectively across functions;

• Strong financial and credit analysis capabilities;

• Excellent presentation and communication skills;

• Collaborative and able to work effectively across functions and regions;

• Ability to thrive in a fast-paced environment with multiple competing priorities;

• Committed and dedicated individual who wants to continuously improve;

• Self-motivated and willing to work in a deal oriented and deadline driven environment;

• Knowledge of lending legal documentation;

Why Join ING?

At ING, you’ll have the opportunity to work in a dynamic international environment while developing your career within a leading global bank. We offer:

• Private medical, dental and health cover
• Competitive pension and financial wellbeing benefits
• Hybrid working and flexibility to work abroad for up to 30 days
• Generous annual leave and family-friendly policies
• Learning, mentoring and international career development opportunities
• Employee wellbeing programmes, social clubs and volunteering initiatives

Learn more about careers at ING: ING Careers