Restructuring & Recovery Specialist (Intensief Beheer)

We are looking for a Restructuring & Recovery Specialist within The Regional Restructuring Unit Netherlands’ (“Intensief Beheer” (IB)) Sector Team, which is responsible for clients of ING’s Business Banking - and Private Banking portfolio. This is a challenging opportunity for someone with up to 5 years of relevant experience to join our team in Amsterdam.

The team

The Regional Restructuring Unit Netherlands (“Intensief Beheer” (IB)) is part of the Tribe Credit Risk Management (CRM), which is part of the Risk Organization (CRO) within the Domestic Bank NL. IB is responsible for a safe, compliant and data driven Problem Loan Management process by managing loan loss provisioning, finding solutions for clients in financial difficulty and by closing the learning loop on lessons learned.

IB carefully and actively focuses on minimizing losses for both our customers and ING. We are committed to preserve the principal, maximize recovery and develop a strategy which best benefits ING Bank and its clients. As part of the Problem Loan Management process we ensure safe and compliant data.

Role and responsibilities

Together with other Restructuring & Recovery Specialists you work in a team that has focus on one or more specific sectors. You manage your own portfolio of problem loan clients to preserve principal, maximize recovery and develop a strategy which best benefits ING Bank and its clients. Clients under management come from Business Banking and Private Banking and have a lending exposure of EUR 1 million to EUR 20 million.

As a part of a restructuring or recovery process, you advise and report on appropriate loan loss provisioning in compliance with the legal and regulatory frameworks to safeguard the reputation of ING and minimizing financial costs to the organization. Where needed, you support projects around (regulatory) reporting on non-performing loan portfolio or other relevant projects. And you contribute to Lessons Learned presentations in- and outside IB. Next to that you are expected to contribute and make impact on change initiatives of the tribe.

Your work environment

As Restructuring & Recovery Specialist you take a coordinating approach during the restructuring- and recovery process, with frequent meetings with clients and other relevant stakeholders.

Files under our responsibility have a wide range of challenges and complexity. Varying from large to small, from complex to less complex, usually with very committed and (emotionally) involved clients and other stakeholders.

Furthermore, in your role you will be involved in one or more projects, where, despite different possible interests, it is important to make joint progress and achieve results with impact.

Therefore, your working environment is challenging and dynamic in which the IB Restructuring & Recovery Specialist is responsible for connecting with – and coordination between - internal and external stakeholders.

How to succeed

We hire smart people like you for your potential. Our biggest expectation is that you’ll stay curious. Keep learning. Take on responsibility. In return, we’ll back you to develop into an even more awesome version of yourself.

You are a person with:

• Up to 5 years experience in lending processes with deal negotiation and execution background.
• A mindset that is positively challenged when working under stress and tight deadlines, you connect with clients and can show flexibility.
• Build and manage relationships with stakeholders, both within and outside ING
• Strongly analytical, with a practical approach, focused on problem solving and coming up with creative and impactful solutions.
• Good verbal and written communication in Dutch and English, committed to understand the key issues of the client in distress with an eye for detail.
• Knowledge of credit risk management processes.
• Preferably insolvency knowledge and experience and knowledge of one or more Business Banking sectors like: Industry, Transport & Logistics, Building & Construction, Services, Retail, Wholesale, Agriculture and Real Estate – or has the willingness to quickly acquire this knowledge.
• Knowledge of ESG related to above mentioned sectors is a plus.
• Experience working in an agile environment, experience in (change) projects.
• Furthermore, you should adhere to the ING values and it is evident for you that your behaviour is fully aligned with these values. For more information, please visit https://careers.ing.com/en/working-at-ing

Rewards and benefits
We want to make sure that it’s possible for you to strike the right balance between your career and your private life. Find out more about our employment conditions.

The benefits of working with us at ING include:

• A salary tailored to your qualities and experience

• 24 - 27 vacation days depending on contract

• Pension scheme

• 13th month salary

• 8% Holiday payment

• Mobility card

• Personal growth and challenging work with endless possibilities

• An informal working environment with innovative colleagues

• Hybrid working to blend home working for focus and office working for collaboration and co-creation

• Pleasant and respectful working environment in a community of engaged colleagues with a diverse background in restructuring and recovery

• Dynamic professional environment with challenging responsibility

About us
Curious about how ING empowers people and businesses to move forward? Discover what we do and what we can offer you.

Questions?
Contact the recruiter attached to the advertisement. Want to apply directly? Please upload your CV and motivation letter by clicking the ‘Apply’ button.