Associate, Portfolio Management - Corporate Finance

ING Financial Services LLC; New York (NY); On-site; USD 130,000 - 175,000; Full time

Benefits offered by this job

Health benefits

401(k)

PTO

Adoption support

Student debt assistance

Commuting subsidies

Job summary

ING Financial Services LLC is seeking a senior loan portfolio professional to manage a multi-billion dollar corporate and leveraged finance portfolio across various verticals, focusing on pro rata and senior secured loans to sub-investment grade clients.

You will assist deal teams with borrower analytics, financial modeling, credit packages, and quarterly reporting; monitor credit performance and handle amendments; work with Origination, Risk Management, Compliance and Loan Operations to ensure

Qualifications

• Bachelor’s degree in Economics / Finance / Accounting / Mathematics with excellent results.
• Experience working for a US regulated bank and familiarity with Fed / OCC requirements.
• 3+ years of corporate and/or leveraged lending, or loan portfolio management experience.
• Excel: three‑statement financial modeling skills are a must.

Responsibilities

• Support the senior bankers with all aspects of managing a large portfolio of pro rata and senior secured loans primarily to sub‑investment grade clients.
• Assist deal team in preparation of borrower analytics including financial updates, financial modeling, credit approval packages, market comparables and quarterly reporting statements.
• Ongoing portfolio management responsibility for a group of selected accounts – monitoring and tracking credit performance, executing amendment requests, maintaining collateral files, etc.
• Identify new business opportunities with existing clients.
• Assume key role in handling internal system processing and KYC/CDD data gathering and processing as needed.
• Review legal documentation and assist deal team in the timely closing and funding of waivers, amendments and upsized commitments.
• Collaborate with Origination, Risk Management, Compliance and Loan Operations team.

Skills

Excel modeling

Education

Bachelor's degree in Economics/Finance/Accounting/Mathematics

CFA designation or CFA candidate

Advanced degree

Job description

This position offers the opportunity to help manage a dynamic multi-billion dollar corporate and leveraged finance portfolio across various verticals.

Responsibilities

• Support the senior bankers with all aspects of managing a large portfolio of pro rata and senior secured loans primarily to sub‑investment grade clients.
• Assist deal team in preparation of borrower analytics including financial updates, financial modeling, credit approval packages, market comparables and quarterly reporting statements.
• Ongoing portfolio management responsibility for a group of selected accounts – monitoring and tracking credit performance, executing amendment requests, maintaining collateral files, etc.
• Identify new business opportunities with existing clients.
• Assume key role in handling internal system processing and KYC/CDD data gathering and processing as needed.
• Review legal documentation and assist deal team in the timely closing and funding of waivers, amendments and upsized commitments.
• Collaborate with Origination, Risk Management, Compliance and Loan Operations team.

Qualifications and Competencies

• Bachelor’s Degree in Economics / Finance / Accounting / Mathematics with excellent results.
• Advanced degree and/or CFA is a plus.
• Experience working for a US regulated bank and familiarity with all aspects of Fed / OCC requirements.
• Former formal credit training and solid understanding of cash flow financing transactions.
• 3+ years of corporate and/or leveraged lending, or loan portfolio management experience.
• Excellent understanding of accounting statements & principles.
• Corporate finance background – financial market experience is necessary.
• Understands debt structuring and able to make recommendations when appropriate.
• Basic understanding of legal documentation.
• Excel: three‑statement financial modeling skills are a must.

Salary

$130,000–$175,000

Benefits

• Comprehensive health benefits
• Generous 401(k) savings plan
• Competitive paid time off (PTO)
• Adoption, surrogacy, and fertility services
• Student debt assistance
• Subsidies for commuting and fitness expenses

Equal Opportunity Employer

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.