Team Lead - Transaction Management

Lending | Transaction Management | Team Lead | New York
Lending, Team LeadTransaction Management, New York
About ING:
Ranked #8 on LinkedIn Top Companies in Financial Services and named to Crain's 100 Best Places to Work
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.
Sound like the kind of place you'd feel at home? We'd love to hear from you.
About the position:
This is a senior lending professional role within the front office. As player-coach, you will carry primary responsibility for some of the key processes related to lending transactions, along with guiding a team of juniors that executes new lending transactions and works closely with the client relationship managers and sector experts to originate new lending transactions.
Responsibilities:

• The Transaction Management Team will be involved with every new lending transaction and will take primary responsibility for some of the key processes including:
  • Prepare the credit approval packages including annexes and all requisite attachments;
  • Prepare financial models with sensitivity analysis and validation of key assumptions;
  • Run internal models such as Risk Rater and Loan Pricer and interface with risk management to establish the appropriate internal risk rating. Upload financials into ING Systems (e.g. FINAN);
  • Interface with loan operations, treasury and the lending center of excellence to verify limit availability and compliance with internal policies;
  • Review legal documentation and validate key terms & conditions;
  • Responsible for deal closing including final CPs and obtaining the final loan documents.
• The Transaction Management Team will work closely with the client relationship managers and/or the Deal Principle on the origination and deal structuring including:
  • Preparation of marketing materials and lending analytics for clients in the Americas region;
  • Due diligence and analytics;
  • Term sheet negotiations and forming a club or syndicate;
  • Greenlight memo, presentation and discussion with Risk Management;
  • Analysis of different transaction structures and providing recommendations;
  • Business comparables and analysis of debt structures, performance metrics and debt pricing.
• Ensure a consistent level of quality and policy compliance through training and development activities;
• Stay up-to-date on organizational operating policies and procedures (i.e. Risk, Legal, etc.) to ensure appropriate protocols are implemented and followed, and facilitate accordingly;
• Guide a team of juniors by supporting them in their personal and professional development as lending professionals.

Qualifications and Competencies:

• BA/BS in finance/economics/accounting/management/engineering (or similar); CFA a plus;

• 7+ years of relevant lending experience;

• Expertise in corporate and project finance loan origination and execution;
• Strong credit skills and understanding of debt capital markets;
• Coaching skills;
• Committed and dedicated individual who will continuously improve the way the team works;
• Collaborative and able to work effectively across functions and regions;
• Strong presentation and communication skills;
• Ability to thrive in a fast-paced environment with multiple competing priorities;
• Self-motivated and willing to work in a deal oriented and deadline driven environment;
• Strong work ethic, positive attitude, and professional demeanor.

Base Salary Expectations: $180K-$240K
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.