Loan Administration Associate

ING Financial Services LLC; New York (NY); Hybrid; USD 85,000 - 107,000; Full time

Benefits offered by this job

Comprehensive health benefits

Generous 401k savings plan

Competitive PTO

Adoption, surrogacy, and fertility aid

Student debt assistance

Commuting and fitness subsidies

Discretionary bonus program

Job summary

ING Financial Services LLC in New York, NY is seeking an entry-point Loan Administration Analyst for the SB&SL Front Office. You will support live lending transactions from credit approval through closing, booking and post-closing requirements, working with Structurers, Risk, Legal and Agency to ensure smooth deal execution.

The role offers an entry point into corporate lending for early-career candidates, with a hybrid work model and vibrant team culture.

Qualifications

• Proactive and willing to take ownership of assigned responsibilities.
• Excellent attention to detail, accuracy and follow-through.
• 2+ years of middle office experience within banking preferred.
• Strong written and oral communication skills.
• Proficiency in Microsoft Office, particularly Excel, Word and PowerPoint.

Responsibilities

• Support the closing, booking and post-closing implementation of lending transactions across SB&SL and sector coverage.
• Maintain the lending pipeline and deal trackers, including status and closing dates.
• Coordinate with lending structurers, sector bankers, Risk, Legal, Loan Closing, Agency and other internal stakeholders.
• Obtain and organize closing materials, supporting documentation and final closing sets.
• Track closing conditions, signatory requirements, due diligence items, waivers and actions.
• Prepare closing and agency packages and review booking/control forms.
• Support accurate booking and activation of lending transactions in internal systems.
• Complete post-closing activities and update transaction databases.
• Maintain audit-ready records and identify process improvements.

Skills

Ownership

Attention to detail

Organization

Written and verbal communication

Team player

Quality and timeliness

Microsoft Office

Tools

MS Office Suite

Job description

Lending | Sector Based & Specialized Lending | Loan Administration, Associate | NYC

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.

About the Position

This role sits within ING’s Sector Based & Specialized Lending (SB&SL) Front Office and forms part of the newly established Deal Implementation Team. The Loan Administration Analyst will support live lending transactions from credit approval through closing, booking and completion of post-closing requirements. The position offers an entry point into corporate lending for early-career candidates. Analysts will develop a strong understanding of ING’s lending systems, transaction pipeline and credit process while working closely with lending structurers, sector bankers, Risk, Legal, Loan Closing and Agency. As their knowledge and capabilities develop, Analysts will gain exposure to broader elements of transaction execution and the credit process.

Responsibilities

• Supporting the closing, booking and post-closing implementation of lending transactions across SB&SL and sector coverage including Project Finance, Export Finance, Asset-Based Lending, and Financial Institutions among others.
• Maintaining the lending pipeline and deal trackers, including transaction status, anticipated closing dates and outstanding requirements.
• Coordinating with lending structurers, sector bankers, Risk, Legal, Loan Closing, Agency and other internal stakeholders.
• Obtaining and organizing closing materials, supporting documentation and final closing sets.
• Tracking closing conditions, signatory requirements, due diligence items, waivers and other outstanding actions.
• Preparing required closing and agency packages and completing initial reviews of booking and control forms.
• Supporting the accurate booking and activation of lending transactions in internal systems.
• Completing post-closing activities, including covenant registration, transaction database updates and handover materials.
• Maintaining complete, accurate and audit-ready transaction records.
• Identifying opportunities to improve processes, strengthen controls and increase execution efficiency.

Qualifications and Competencies

• Proactive and willing to take ownership of assigned responsibilities.
• Excellent attention to detail, accuracy and follow-through.
• Strong organizational skills and ability to manage multiple transactions, priorities and deadlines.
• Relevant internship or work experience in banking, credit, accounting, legal services / documentation or financial services preferred.
• 2+ years of middle office experience within banking preferred.
• Demonstrated interest in corporate banking, lending, credit or deal execution.
• Strong written and oral communication skills.
• Committed and collaborative team player with high standards for quality and timeliness.
• Proficiency in Microsoft Office, particularly Excel, Word and PowerPoint.

Other

• Excel or analytical assessment
• References

Salary

Salary Range $85,000-$107,000

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

Benefits

• comprehensive health benefits
• generous 401k savings plan
• competitive PTO
• adoption, surrogacy, and fertility services
• student debt assistance
• subsidies for expenses associated with commuting and fitness
• discretionary bonus program

Equal Opportunity

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.

Other Information

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. We’re a global bank with a strong European base, and our more than 60,000 colleagues serve around 38 million customers and corporate clients in over 40 countries.

Company Culture

Joining ING means working with friendly and collaborative people towards making a positive impact on people and planet. We believe in empowering the people around us and our customers to stay a step ahead. Working here means having the autonomy to drive progress, helping to create superior customer value and contributing to our ambition of putting sustainability at the heart of everything we do. Here, we’re more than just a workplace – we’re a community of innovators, problem-solvers, and forward-thinkers, dedicated to making a real impact. Whether you’re just starting your career or seeking the next big challenge, we have opportunities that will inspire and push you to grow.