Associate, Loan Distribution Group

ING; New York (NY); Hybrid; USD 160,000 - 215,000; Full time

Benefits offered by this job

Health benefits

401(k) plan

Paid time off

Adoption assistance

Surrogacy and fertility services

Student debt assistance

Commuting subsidies

Fitness subsidies

Job summary

ING in New York City is seeking an Associate for Capital Markets & Advisory within the Loan Distribution Group. The role focuses on originating and executing syndicated loans, advising clients, and working with sector teams to structure market-based capital solutions.

Requirements include 2+ years in loan syndications or leveraged finance, strong communication skills, and familiarity with legal documents. Candidates must be able to travel and be in the office four days a week in NYC.

Qualifications

• 2+ years of work experience in loan syndications, leveraged finance or high yield debt capital markets.
• Background with leveraged finance, private credit, and/or capital markets experience preferred.
• Strong presentation and communication skills, both orally and written.
• Familiarity with legal documentation and ability to understand complex financing structures.
• Solid understanding of the loan capital markets and financing structures relevant to target sectors.
• Demonstrated ability to work under tight deadlines on active mandates in the syndicated loan market.
• Strong networking skills both internally and externally.

Responsibilities

• Closely and continuously follow market trends to identify active participants in the market, prevailing market terms and pricing, depth of market and other factors in lending and underwriting decisions and translate it into relevant market updates to internal and external stakeholders.
• Actively pitch and advise clients on status of the market, structures and syndication strategies needed to best execution in the syndicated loan capital markets.
• Originate, structure and execute syndicated senior and subordinated loans, partnering with ING’s Sector teams to develop market-based structures and capital raising solutions.
• Manage the execution of syndicated loans, including the negotiation of terms and conditions, preparation of marketing materials, Q&A with banks and engagement with other financial institutions and law firms.
• Produce advisory materials to secure internal approvals to execute the primary sale of syndicated loans; including loan market analysis, opinion on credit structures, bank appetite, sell-down strategy and pricing.
• Develop relationships and maintain active dialogue with peers at other financial institutions as a source of market intelligence.
• Work directly with senior leveraged finance and industry bankers, debt capital markets, internal risk teams, corporate finance, ratings advisors and other areas of the bank on internal credit processes and external client servicing.
• Organize bank meetings and lender calls to generate demand for deals led by ING.
• Ensure compliance with all ING policies for investors as well as accurate financial revenue reporting and record keeping.

Skills

Loan syndications

Leveraged finance

Market presentation

Networking

Travel flexibility

Tools

Bloomberg

Job description

Capital Markets & Advisory | Loan Distribution Group | Associate | NYC

About ING

In the 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.

Responsibilities:

• Closely and continuously follow market trends to identify active participants in the market, prevailing market terms and pricing, depth of market and other factors in lending and underwriting decisions and translate it into relevant market updates to our internal and external stakeholders;
• Actively pitch and advise clients on status of the market, structures and syndication strategies needed to best execution in the syndicated loan capital markets;
• Originate, structure and execute syndicated senior and subordinated loans, partnering with ING’s Sector teams to develop market-based structures and capital raising solutions;
• Manage the execution of syndicated loans, including the negotiation of terms and conditions (term sheets, mandate letters, loan documentation etc.), preparation of marketing materials (including confidential information memoranda and lender presentations), Q&A with banks and engagement on active dialogue with other financial institutions and law firms;
• Produce advisory materials to secure internal approvals to execute the primary sale of syndicated loans; including loan market analysis, opinion on credit structures, bank appetite, sell-down strategy and pricing;
• Develop relationships and maintain active dialogue with peers at other financial institutions as a source of market intelligence;
• Work directly with senior leveraged finance and industry bankers, debt capital markets, internal risk teams, corporate finance, ratings advisors and other areas of the bank on internal credit processes and external client servicing;
• Organize bank meetings and lender calls in order to generate demand for deals led by ING;
• Ensure compliance with all ING policies for investors as well as accurate financial revenue reporting and record keeping.

Qualifications and Competencies

• 2+ years of work experience in loan syndications, leveraged finance or high yield debt capital markets, with good current relationships or other relevant work experience in investor-facing environment;
• Background with leveraged finance, private credit, and/or capital markets experience preferred;
• Strong presentation and communication skills, both orally and written with the ability to express ideas in a persuasive, organized, and articulate manner;
• Familiarity with legal documentation and ability to understand complex financing structures;
• Solid understanding of the loan capital markets, loan investor base and financing structures relevant to the target sectors;
• Demonstrated ability to work under tight deadlines on active mandates in the syndicated loan market;
• Strong networking skills both internally and external to the firm;
• Genuine team player who gets things done and helps other to be successful;
• Candidate must have no work restrictions (legally be able to work in the United States) and must be able to travel and work at any moment when given notice;
• The position is located in ING’s New York City office and will require the candidate to be in the office 4 days a week.
• Experience with Bloomberg and other market data sources preferred;
• Candidate will be required to successfully complete FINRA regulatory examinations covering the SIE, Series 79 and Series 63.

Salary Range $160,000 -$215,000

The salary range listed reflects base salary only. This role is eligible for participation in a discretionary bonus program.

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.

ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to race, 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.