Syndicated Loans Associate — Origination & Execution

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

Benefits offered by this job

Health benefits

401(k) plan

Generous PTO

Commuter subsidies

Job summary

ING Americas in New York seeks an Associate to support Capital Markets & Advisory, Loan Distribution Group. The role requires staying on top of market trends, advising on syndication structures, and coordinating the execution of syndicated loans with internal and external stakeholders.

Responsibilities include structuring loans, negotiating terms, preparing marketing materials, and maintaining client dialogue. Finra exams and US work eligibility are required; travel may be needed.

Qualifications

• 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.

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.

Skills

Loan syndications

Leveraged finance

Capital markets

Investor relations

Bloomberg

FINRA SIE/Series 79/63

Tools

Bloomberg Terminal

Job description

ING Americas in New York seeks an Associate to support Capital Markets & Advisory, Loan Distribution Group. The role requires staying on top of market trends, advising on syndication structures, and coordinating the execution of syndicated loans with internal and external stakeholders.

Responsibilities include structuring loans, negotiating terms, preparing marketing materials, and maintaining client dialogue. Finra exams and US work eligibility are required; travel may be needed.