Associate, Sector-Based and Specialized Lending - Energy

Lending | Sector Based & Specialized Lending | Renewables & Power, Energy Transition Associate | NYC

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.

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

About the position:

This is a lending professional role within the front office. As a team member, you will carry primary responsibility for some of the key processes related to lending transactions, along with assisting a team of bankers that execute new lending transactions and work closely with the client relationship managers - Directors and Managing Directors - and sector experts to originate new lending transactions. In this role, you will be responsible for executing new business with an emphasis on Renewables & Power and New Energies.

Responsibilities:

Responsibilities include but are not limited to:

• Supporting the origination efforts of ING’s sector bankers;
• Participate in initial deal screening/selection and risk analysis;
• Perform due diligence and lead the internal credit approval on transactions;
• Reviewing financing documents and material project agreements and validating key terms & conditions;
• building, reviewing, and maintaining transaction and internal risk rating and return models;
• Interfacing with risk, loan operations, treasury, legal teams, clients and co-lenders to coordinate loan closings;
• Capital structuring for transactions in the energy sector;
• Staying current on organizational operating policies and procedures (i.e. Risk, Legal, etc.) to ensure appropriate protocols are implemented and followed and facilitate these accordingly;
• Coach and mentor junior team members to build their technical skills and market knowledge.

Qualifications and Competencies:

• 3+ years of relevant project/corporate finance experience ideally in the North American renewables and power market, including debt and equity financing structures;
• Familiarity with project finance structures, including potentially construction, operating, warehouse, holdco, tax equity, or other sector-specific structures;
• Understanding of GAAP accounting / core financial statements;
• Strong financial and credit analysis capabilities with ability to independently work on transactions;
• Strong financial modeling skills;
• Excellent presentation and written and oral communication skills; detail-oriented and accurate;
• Ability to thrive in a fast-paced environment with multiple competing priorities, that involve managing multiple projects simultaneously and meeting strict deadlines;
• Committed and dedicated team player, self-motivated, strong execution skills with high standards for quality, accuracy, and timeliness;
• Proficiency in MS Office (Excel, Word, PowerPoint);

Other:

• Deal credentials including bank and individual role and responsibilities;
• Case study;
• Modeling test;
• References;

Salary Range: $130,000 - $175,000

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 expenses associated with commuting and fitness.

ING is a committed 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 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.