ING Americas · 1 month ago
Portfolio Management - Vice President
New York, NY
Full-time
Hybrid
Mid, Senior Level
$185K/yr - $240K/yr
6+ years expING Americas is part of ING’s Wholesale Banking division, offering innovative financial products and services to corporate and institutional clients. The Vice President will manage the Project Finance loan portfolio, focusing on credit monitoring, analytics, and internal reporting while coordinating with various teams to ensure effective portfolio management.
Financial Services
Responsibilities
Actively manage all facets of the daily operations of the identified portfolio, including but not limited to:
Routinely analyze the credit migration trends of the portfolio and individual names
Idea generation for value added cross buy or client opportunities
Quarterly and annual credit reviews
Prepare quarterly Credit Risk Management (“CRM”) portfolio reviews
Process amendment and waiver requests, write or review credit modifications, submit to risk and address Q&A, follow-up on the required legal amendments to the documentation until execution
Track compliance of financial covenants and other reporting covenants such as construction/ operating reports, insurance, etc
Review annual risk rating updates prepared by an administrative support team
Oversee and prepare collateral monitoring reports
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
Diligent and proactive credit monitoring through the review of all covenanted financial and project information (e.g. financial models, Borrower and Adviser operational / construction progress reports) as well as compliance with all regular reporting activities in line with the bank’s policy and procedures
Take an active role in oversight and development of the junior project finance team members
Interface with relationship managers and sector specialists to ensure an active dialogue on credit trends, challenges and opportunities with individual borrowers
Responsible for the accurate internal system processing (Vantage) including GRID, FINAN, TSC, Risk Rater
Monitor and identify market developments and proactively manage their potential impact on the portfolio
Support Team Lead and coordinate between Portfolio Management/ Origination in order to ensure timely and accurate response to internal (CAS) and external regulatory controls and audits by providing the required insights, reports and samples and by participating in the dialogue if so requested
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
Coordinate with KYC/CDD team
Assist the team in the execution of new transactions, amendments and refinancings on an as-needed basis
Qualification
Required
Minimum of 6 years of project finance and/or energy and commodities finance experience required
BA/BS in finance/economics/accounting/management/engineering (or similar)
Strong financial and credit analysis capabilities
Strong financial modeling capabilities
Knowledge of the industry and experience with project finance structure
Excellent presentation and communication skills
Ability to thrive in a fast-paced environment with multiple competing priorities
Committed and dedicated individual
Understanding of risks associated with project finance
Knowledge of Legal Documentation
Proficient in MS Excel and Word
Preferred
CFA a plus
Spanish proficiency a plus
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
Company
ING Americas
ING Americas offers a full array of wholesale financial products, such as commercial lending, financial markets and advisory products and services in the U.S.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Eduardo Gonzalez Arellano
Americas Chief Data Officer / Data Protecion Executive (DPE), Global WB COO Executive Data Steward
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