ING Americas · 1 day ago
Credit Risk Officer, VP
New York, NY
Full-time
Onsite
Mid, Senior Level
$153K/yr - $188K/yr
5+ years expING Americas is a part of ING’s Wholesale Banking division, offering a range of financial products and services to corporate and institutional clients. They are seeking a Credit Officer to manage credit risk for an assigned client portfolio and support the transaction approval process.
Financial Services
Responsibilities
Work with SCOs, Front Office teams and Credit Administration staff to manage the credit risk of designated credit portfolios
Advise and support the credit decision process for individual credit transactions and relevant credit portfolios, within the boundaries of established risk appetite statements, and in line with applicable credit risk policies
Monitor and report on relevant transactions, obligors and portfolios
Complete Risk Ratings in accordance with ING policy and in a timely manner to help assure the portfolio loan loss provision (LLP) is calculated accurately
Identify industry trends or news events that affect portfolio risk, using this to adjust as necessary Watchlist, Risk Rating or LLP
Help direct Quarterly Portfolio Review and Watchlist meetings and reports
Actively provide input on the development of relevant credit risk policies
Align ING New York credit policies and procedures with global frameworks for approval and monitoring of credit exposure
Stakeholder Management: Develop and maintain relationships with management and other relevant internal and/or external stakeholders
Coordinate with audit staff, including external audit, Corporate Audit Services, SOX, as well as DNB and ECB activities
Qualification
Required
5+ years' experience within Wholesale Banking, which may include front office and support roles providing exposure to credit risk management duties
Ample experience in originating and executing transactions, preferably in the relevant products and sectors, with specific knowledge and experience with the United States and Americas markets
Excellent credit analysis skills
Bachelor's degree or equivalent, with Engineering, Finance, Economics, Law or a closely related field
Excellent knowledge of relevant credit risk management processes, systems and concepts
Excellent knowledge and following of regulatory process affecting lending, capital requirements and compliance matters
Strong knowledge of credit risk with working knowledge of counterparty and market risk
Working knowledge of financial markets products including interest rate, commodity and FX derivative products, ISDA terms and negotiation
Logical and well-reasoned level of thinking
Excellent written and verbal communication skills and fluent in English
Interaction and effective communication with internal departments and relevant external parties (clients, banks, advisors, audit) requiring persuasion and engagement by personal impact
Able to manage processes from a risk management perspective and have a strategic view on relevant risk drivers and mitigation
Ability to work under pressure and meet tight deadlines
Actively supports relevant internal counterparts in the preparation, structuring, documentation and booking of transactions
Actively contributes to the development of relevant credit risk procedures, risk models and drivers and monitors adherence to it
Benefits
Comprehensive health benefits
Generous 401k savings plan
Competitive PTO
Adoption, surrogacy, and fertility services
Student debt assistance
Subsidies for expenses associated with working from home
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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