VP Portfolio Management Acquisition Finance and Structured Corporates

Your work environment

The Portfolio Management team is the ‘centre of excellence’ for the in-life management of ING’s lending exposure. It covers all activities post initial funding through to final repayment of a lending transaction. As a front office department, portfolio managers closely collaborate with Origination & Structuring colleagues and product specialists to ensure a seamless client experience. The portfolio management function is organised along product and sector considerations. Each portfolio manager covers a set of portfolio clients and acts as the first point of contact for the ongoing credit monitoring, analytics, internal risk and other reporting. Portfolio managers support the identification of cross-buy opportunities and are closely involved in delivering ING’s capital velocity targets. The team is supported by Global Lending Support in Dublin and the ING hub in the Philippines. Together with Tribe Lending and Capital Management, it is a key driver of improved processes, standardisation and digitalisation across Lending.

Your responsibilities

The specific responsibilities of a VP include actively managing all facets of the individual files booked in your dedicated portfolio, including but not limited to:

• Quarterly and annual credit reviews
• Process amendments and waiver requests; write and/or review credit modifications; submit to Risk and address Q&A; follow up on required legal documentation and amendments through to execution
• Review annual risk rating updates prepared by the offshore support team
• Diligent and proactive credit monitoring through the review of all financial covenants and operating performance (e.g. financial models, proforma adjustments, key drivers, etc.) and track compliance of covenants
• Identification, registration and resolution of Early Warning Indicators reflecting deterioration in credit quality

In addition, a VP will monitor and identify market developments and proactively manage their potential impact on your portfolio by

• Preparing and maintaining reports as requested by regulators or internal stakeholders
• Preparing quarterly Credit Risk Management (“CRM”) portfolio reviews
• Maintaining various department and industry databases/trackers
• Maintaining internal portfolio tracking metrics
• Responding to ad hoc internal requests on portfolio composition and exposure
• Coordinating and working with offshore portfolio support teams
• Managing lending limits and Capital Velocity programms

A VP will take active part in the various Virtual Client Teams by

• Interfacing with Acquisition Finance and sector specialists to ensure an active dialogue on credit trends, challenges and opportunities for individual clients;
• Contributing to idea generation for value added cross-buy or client opportunities

A VP is expected to build a culture of operational excellence by

• Staying up to date on organisational operating policies and procedures (e.g., Risk, Legal) to ensure appropriate protocols are implemented and followed;
• Contributing to the implementation of strategic initiatives, including enhancements to the credit monitoring process to improve business efficiency;
• Identifying productivity trends across the Front Office and using reporting insights to create and drive efficient processes and improve productivity;
• Supporting the implementation of transformation projects;
• Coaching junior colleagues in their personal and professional development, building a culture of excellence

Qualifications and Competencies

Qualifications / Education

• University degree major in business, economics, accountancy, law or relevant business discipline. CFA and/or MBA a plus

Experience / Knowledge

• 6+ years of relevant wholesale banking credit analysis experience, including significant leveraged finance experience

Competencies

• Strong financial and credit analysis capabilities, including credit restructurings with specific experience working on leveraged finance transactions
• Excellent presentation and communication skills
• Collaborative and able to work effectively across functions and regions
• Ability to thrive in a fast-paced environment with competing priorities
• Committed and dedicated individual who will continuously improve the way the team works
• Self-motivated and willing to work in a deal-oriented and deadline-driven environment
• Knowledge of legal documentation
• Strong work ethic, positive attitude, and professional demeanour
• Inclusive team player with consistent high marks on Orange Code behavior; embracing diversity and cross-cultural awareness; able to work effectively across functions

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. You can find out more about our employment conditions at Benefits in the Netherlands  

The benefits of working with us at ING include:

• A salary tailored to your qualities and experience

• 24-28 vacation days depending on contract

• Pension scheme

• 13th month salary

• Individual Savings Contribution (BIS), 3.5% of your gross annual salary

• 8% Holiday payment

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

• Personal growth and challenging work with endless possibilities

• An informal working environment with innovative colleagues

About us

With 60,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of what’s possible and at the same time ensure you work with integrity and hold the customer’s interests at heart? Do you want to be surrounded by progressive, inspiring, diverse, and supportive colleagues? Then there is no better place to invest your talents than at ING. Join us. Apply today.