ING Americas · 1 month ago
Associate - Portfolio Management, Shipping
ING Americas is part of a global financial institution offering a broad range of innovative financial products and services. The Associate in Portfolio Management will be responsible for managing a portfolio of transactions, focusing on Shipping and Object Finance, while ensuring compliance and optimizing portfolio performance.
Responsibilities
The Portfolio Management (PM) team aims to be the ‘center of excellence’ for ING’s lending exposures to multiple sectors
You will specialize in Shipping finance but will also be exposed to and expected to work on other sectors such as Real Estate, Rail and Container finance
This includes (but not limited to) leading refinancings, amendments and extensions, analyzing the credit risks of the transactions/portfolio via credit reviews, risk ratings, maintaining data quality and monitoring of covenants and early warning indicators
You stay on top of developments in the Shipping sector
Clients, internal departments (including risk and relationship management) and other stakeholders (such as legal advisers and other banks) will turn to you as their primary contact for management of transactions and the portfolio
Next to day-to-day activities you are involved in change initiatives
You will ensure compliance with external and internal requirements and processes related to ESG/Sustainability matters
You are involved in portfolio and balance sheet optimization measures to optimize the lending portfolio’s performance in view of risk profile, income and RoE
Qualification
Required
Degree level education required
Minimum 3 years of relevant experience in a Shipping lending role
Strong financial and credit analysis capabilities
Strong financial modelling capabilities
Excellent presentation and communication skills
Ability to thrive in a fast-paced environment with multiple competing priorities and tight deadlines
Committed and entrepreneurial individual who is prepared to learn about new industry sectors
Understanding of risks and ability to assess potential mitigants
General knowledge of legal documentation and transaction structuring
Preferred
CFA or similar qualification desirable
Knowledge of Real Estate, Transport and Logistics transactions/sectors is preferred
Benefits
Comprehensive health benefits
A 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.