Wholesale Bank | Americas Legal | Lending Counsel | 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:
ING is seeking an experienced U.S.-qualified lawyer to join the Americas Legal team in New York. The role will provide dedicated legal support to the Lending business, with a focus on trade and commodities finance, receivables financings, letters of credit, and secured lending transactions. The successful candidate will possess strong expertise in UCC Article 5 and Article 9 matters, including the creation, perfection, priority, and enforcement of security interests.
This role requires close collaboration with business, syndicate, risk, and compliance stakeholders, as well as external counsel, to deliver timely, practical, and commercially focused legal advice. In addition, the candidate will provide broad support across the Americas Legal function on a range of legal, corporate governance, and regulatory matters.
As part of a global organization, the role also involves partnering with colleagues across ING to analyze and advise on the impact of U.S. laws and regulations with extraterritorial application, helping to assess and manage legal risks affecting ING's global operations.
Responsibilities:
- Advise ING Americas and Wholesale Banking affiliates on U.S. banking laws, regulatory requirements, compliance matters, and market practice relating to lending transactions and related documentation.
- Serve as a trusted legal advisor to front-office lending teams, providing transactional and contractual support with a focus on trade and commodities finance, receivables financings, letters of credit, and secured lending transactions.
- Review, draft, and negotiate a broad range of commercial, corporate, and operational agreements.
- undefined
- Advise senior management on corporate governance matters, regulatory developments, and significant legal risks and trends impacting the business.
- Draft, implement, and maintain legal policies, procedures, guidelines, best practices, and template documentation to support the firm's business activities and risk management objectives.
- Develop and deliver legal and regulatory training to business and support functions, fostering awareness of legal developments, regulatory requirements, and emerging risks.
- Monitor and assess legal, regulatory, and market developments affecting ING's U.S. and global operations, and provide practical guidance on associated risks and opportunities to internal stakeholders.
- Collaborate with colleagues across ING's global legal and regulatory functions to analyze and address the impact of U.S. laws and regulations with extraterritorial application.
Qualifications and Competencies:
- J.D. and active New York Bar admission with strong academic credentials
- 7+ years of experience post-qualification as a New York Bar attorney
- Strong knowledge of varied and complex lending products, including trade and commodities finance, receivables financings, letters of credit law and practices, and secured lending transactions. Experience with work-outs, restructurings and bankruptcies a plus.
- In-depth experience with a variety of bank regulatory matters and knowledge of banking-related laws, regulations and rules, including BIC facility and discount window matters
- Commercially minded with a solutions-oriented approach to legal issues
- Able to operate independently in a high-volume, time-sensitive environment
- High attention to detail, commitment to excellent output and sound judgment under pressure
- Positive, collaborative attitude, a strong sense of ownership and curiosity, and consistent drive to go above and beyond to deliver on shared goals
- Collaborative team player comfortable working across global platforms
- Willing to take initiative to investigate issues, maintain operational discipline, and improve existing processes
- Strong stakeholder management skills, with the ability to influence at senior levels
Salary Range: $260,000-$315,000
The salary range listed reflects base salary only. This role is eligible for participation in a discretionary bonus program.
In addition to comprehensive health benefits (including a $0 premium medical plan with HSA), 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.
Skills Required
- J.D. degree
- Active New York Bar admission
- Strong academic credentials
- 7+ years of post-qualification experience as a New York Bar attorney
- Strong knowledge of complex lending products, including trade and commodities finance, receivables financings, letters of credit, and secured lending transactions
- In-depth experience with bank regulatory matters and banking-related laws, regulations, and rules
- Knowledge of BIC facility and discount window matters
- Commercially minded, solutions-oriented approach to legal issues
- Ability to operate independently in a high-volume, time-sensitive environment
- High attention to detail, excellent output, and sound judgment under pressure
- Positive, collaborative attitude and strong sense of ownership and curiosity
- Ability to collaborate across global platforms
- Initiative to investigate issues, maintain operational discipline, and improve processes
- Strong stakeholder management skills and ability to influence at senior levels
- Experience with workouts, restructurings, and bankruptcies
What We Do
ING is a pioneer in digital banking and on the forefront as one of the most innovative banks in the world. As ING, we have a clear purpose that represents our conviction of people’s potential. We don’t judge, coach, or tell people how to live their lives. However big or small, modest or grand, we empower people and businesses to realise their vision for a better future. We made the promise to make banking frictionless, removing barriers to progress, and make people confident in their financial decisions. As a global bank we have a huge opportunity – and responsibility – to make an impact for the better. We can play a role by financing change, sharing knowledge, and innovating. Being sustainable is in all the choices we make—as a lender, as a partner and through the services we offer our customers
