Credit Insurance Portfolio and Business Operations Manager (VP)

ING; Greater London; On-site; GBP 65,000 - 85,000; Full time

Job summary

A leading global banking institution is hiring a Credit Insurance Portfolio and Business Operations Manager in London. The successful candidate will oversee the entire credit insurance portfolio, coordinate with various stakeholders globally, and ensure effective management of operational processes. The role requires at least 5 years of banking experience, strong stakeholder management skills, and fluent English. This full-time position emphasizes proactive decision-making and relationship management.

Qualifications

• 5+ years of banking experience, preferably in portfolio or business management.
• Experience in the credit insurance sector is a plus.

Responsibilities

• Monitor the CPRI portfolio and coordinate the product globally.
• Liaise with CPRI Operations for effective management.
• Coordinate onboarding and management of Insurers and Brokers.

Skills

Stakeholder management

Decision-making under ambiguity

Task prioritisation and multitasking

Initiative-taking and problem-solving

Education

Excellent written and oral fluency in English

Job description

Department Overview

ING Wholesale Banking (WB) is looking to hire a Credit Insurance Portfolio and Business Operations Manager for its Credit Insurance (CPRI) team to be based in London.

The Credit Insurance team coordinates the Banks efforts in insuring loans on a global basis. The team is part of Loan Distribution Group (LDG) which includes Loan Syndicate Loan Sales and Structured Distribution Solutions. LDG is one of the five functions within INGs Capital Markets and Advisory (CMA) division alongside Global Capital Markets Corporate Finance Corporate Investments and Acquisition Finance.

ING is a recognised buyer of credit insurance with a strong reputation for credit quality and variety of sectors. Growth is expected to continue spurred by Basel 4 capital velocity requirements and collaboration with Structured Distribution Solutions (Significant Risk Transfers involving mezzanine tranches) and Capital Management.

As part of the team you will be in charge of monitoring the whole CPRI portfolio coordinating the product globally monitoring and maintaining secondary limits on insurers liaising with our 2 brokers and directly with some insurers and improving internal processes. Having the ability to deal with both internal and external stakeholders is a must.

Experience / Knowledge / Skills

Essential :

• At least 5 years banking experience .
• in a portfolio manager or business manager role or
• in a support function role (risk finance operations etc.) or
• in the credit insurance sector in a portfolio manager or business manager role..
• Stakeholder management (internal and external)
• Decision-making under ambiguity
• Task prioritisation and multitasking
• Initiative-taking and problem-solving

Main Duties and Responsibilities of Role :

• Monitor the whole CPRI portfolio and coordinate the product globally (London US and APAC)
• Liaise with CPRI Operations team to ensure effective in life management of the portfolio
• Coordinate on boarding and in life management of Insurers and Brokers such as KYC and NDA wording
• Approve and verify all exposures to Insurers the use of Brokers and coordinate tax checks
• Manage exposures to all Insurers in line with the Risk Framework and Risk approvals
• Report credit exposure on Insurers to Risk dashboards revenues and distribution volumes to Management
• Coordinate regular reviews of 50 insurer groups to enable Risk to understand and approve the structure and reinsurance programmes of the insurers and the business that we place with them and prepare memos to maintain and increase secondary limits on insurers
• Responsible for setting up all operational processes for the global CPRI team and ensuring that they are understood and actioned effectively
• Write new or update procedures and disseminate them to the CPRI Principals
• Manage and resolve ad hoc queries of all levels of complexity by utilising internal and external network
• Coordinate adequate support for the product from all functions within the Bank (Legal Risk etc.);
• Organise ING Insurance Day sessions and other ad hoc presentations to insurer
• Support other CPRI colleagues on team projects
• Maintain strong working relationships with Brokers and Insurers and all other stakeholders.

Qualification / Education

Essential :

• Excellent written and oral fluency in English as well as numerical.

Personal Competencies

Essential :

• Independent and proactive
• Confident decision-maker
• Team player
• Attention to detail
• Efficiency and effectiveness
• Results-driven
• Intellectually curious
• Sociable and relationship-oriented
• Adaptable and resilient

INGs purpose is Empowering people to stay a step ahead in life and in business. Every ING colleague is given the opportunity to contribute to that vision. We champion self-reliance and foster a collaborative and innovative culture. The Orange Code is our global manifesto for how we stay true to our purpose and our tradition of reinvention and empowerment. It is made up of ING Values (we are honest; we are prudent; we are responsible) and ING Behaviours : (you take it on and make it happen; you help others to be successful; you are always a step ahead)

For us success will only be achieved if we act with Integrity.

Some companies see diversity as a box to be ticked. We see it as fundamental to our success and we encourage a proper work / life balance. At ING you will be judged on your performance in line with the Orange Code. And thats a promise.

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Required Experience :

Exec

Key Skills

Counselling,Commerce,Corporate Risk Management,F&B Management,Jboss,Account Opening

Employment Type

Full-Time

Vacancy : 1