Analyst, Portfolio Management

Lending | Portfolio Management | Analyst, Portfolio Management | New York

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.

Sound like the kind of place you’d feel at home? We’d love to hear from you.

About the position

As an Analyst in this team, your primary responsibility will be the ongoing management of the Project Finance loan portfolio, with an emphasis on credit monitoring, analytics and internal reporting.

About the department

This role is a member of the Project Finance team that comprises the critical portfolio management and reporting foundation of all lending origination and underwriting activity.

Responsibilities

• Prepare and submit quarterly and annual credit reviews/packages
• Review and compare financial performance to budget, evaluate financial projections and remodel forecast as needed
• Compile and participate in quarterly Credit Risk Management (CRM) portfolio reviews
• Assist in the execution and preparation of amendment and waiver requests, aid in writing credit modifications, submit to risk, address Q&A, and follow up on required legal documentation
• Assess and track compliance of borrowing bases, collateral, liquidity/availability, covenants and other reporting items (e.g., UCC filings, insurance) in line with the bank’s policy and procedures
• Perform and review risk ratings for borrowers
• Prepare quarterly memorandums for challenging/underperforming credits
• Prepare and maintain reports as requested by regulators, rating agencies and other external parties
• Maintain various department and industry databases/trackers
• Maintain internal portfolio tracking metrics
• Respond to ad hoc internal requests on portfolio composition and exposure
• Coordinate and work with offshore portfolio support teams
• Research industry sectors and work with industry coverage colleagues to prepare updates
• Handle internal system processing (Vantage) including GRID, FINAN, TSC, Risk Rater
• Monitor and identify market developments and proactively manage their potential impacts on the portfolio
• Coordinate timely and accurate response to internal and external regulatory controls and audits by providing required insights, reports and samples
• Stay up-to-date on organizational operating policies and procedures to ensure appropriate protocols are implemented and followed
• Coordinate with KYC/CDD team
• Assist the team in the execution of new transactions, amendments and refinancings as needed

Qualifications and competencies

• BA/BS in finance, economics, accounting, management, engineering (or similar); CFA a plus
• At least 1 year of relevant experience in credit, accounting, business analytics, project management, portfolio reporting and/or KYC/compliance
• Formal credit training and financial projection knowledge required
• Prior Project Finance and/or energy and commodity finance experience a plus
• Spanish proficiency a plus
• Excellent presentation and communication skills
• Strong analytical, problem-solving and project-management skills with the ability to multitask and meet tight deadlines
• Excellent interpersonal and written/verbal communication skills to collaborate with local and global teams
• Proficiency in Microsoft Office (Excel, PowerPoint, Word)
• Experience working with large datasets (e.g., pivots, VLOOKUPs) is valued
• Credit training preferred
• Attention to detail and strong work ethic
• Self-motivated, able to work in a deal-oriented, deadline-driven environment
• Ability to manage and prioritize competing demands from multiple colleagues
• Collaborative mindset and willingness to contribute to team objectives

Other

• Case study including writing sample and a debt modeling test
• References

Salary Range: $105k-$115k

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 commuting and fitness expenses.

ING is an 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 on 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 is 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.