The posting
Lending | Sector-based and Specialized Lending | TMT | Associate | NYC
About ING:
In 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.
Sounds like the kind of place you’d feel at home? We’d love to hear from you.
About the position:
This is a junior lending professional role within the front office. You will carry primary responsibility for some of the key processes related to lending transactions, along with guiding junior bankers that execute new transactions and work closely with the client relationship managers - Directors and Managing Directors - and sector experts to originate new lending transactions. You will work most closely with the Technology, Media and Telecommunications (“TMT”) team, which is part of ING Global Sector Coverage. The TMT team at ING specializes in providing lending solutions and cross-selling ING's products to support private equity, infrastructure investors, and multinational corporates in the Americas, with a particular focus on digital infrastructure (e.g., data centers, fiber, towers) within the broader technology, media, and telecommunications sector.
Responsibilities:
Responsibilities include but are not limited to:
- Support origination, structuring and execution of new financing solutions, with an emphasis on the North American digital infrastructure and healthcare space
- Participate in initial deal screening/selection and industry, market and risk analysis, sector supply and demand research and statistics to support credit decisions as well as assessment of impacts of policy and regulation (such as tariffs) in defining projects profitability
- Support deal teams through the loan pitching, underwriting, credit approval and closing process
- Perform due diligence and review and/or negotiate financing documents associated with new TMT transactions
- Build and/ or adapt existing transaction models and internal risk rating and return models for scenario analysis
- Coach and mentor junior team members to build their technical skills and market knowledge
Qualifications and Competencies:
- 4+ years of relevant finance experience in the TMT industries
- Strong financial and credit analysis capabilities with ability to independently work on transactions
- Advanced financial modeling capabilities, including building financial projections and debt-sizing frameworks, as well as adapting existing models for scenario analysis
- Excellent presentation and written and oral communication skills; detail-oriented and accurate
- Ability to thrive in a fast-paced environment with multiple competing priorities, that involve managing multiple projects simultaneously and meeting strict deadlines
- Committed and dedicated team player, self-motivated high quality/high quantity producer
- Ability to manage, motivate and mentor junior staff members
- Proficiency in MS Office (Excel, Word, PowerPoint)
Other:
- Deal Credentials including bank and individual role and responsibilities.
- Case Study
- References
Salary Range: $130,000-$175,000
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 color, 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.
