At a Glance
- Tasks: Lead lending transactions and mentor junior bankers in a dynamic environment.
- Company: Join ING, a leading financial institution with a global presence.
- Benefits: Enjoy a collaborative culture, professional development opportunities, and competitive compensation.
- Why this job: Be part of impactful projects in the shipping sector while developing your skills.
- Qualifications: 7+ years in banking, degree in finance/economics, strong credit and negotiation skills required.
- Other info: Fast-paced role with exposure to various sectors and a focus on teamwork.
The predicted salary is between 72000 - 108000 £ per year.
We have a great opportunity to join Transaction Management (TM) as Vice President or Junior Director. This is a mid-level lending professional role within the front office. As player-coach, you will carry primary responsibility for some of the key processes related to lending transactions, along with guiding junior bankers that execute new lending transactions. You will work closely with the client relationship managers and sector experts to originate new lending transactions. The work will be fast-paced and multifaceted. On the team, you will focus on one core Sector (preferably Shipping), but you will also be exposed to, and expected to work with, other sectors in which ING specializes. The vacancy involves contact with clients, prospects, other banks, technical and legal advisors and frequent cooperation with internal departments such as Credit Risk Management, Legal, and Deal Execution.
Candidate Profile
- University educated to degree level in finance/economics, accounting, management, engineering (or similar).
- 7+ years of relevant banking experience at a leading financial institution.
- Experience with both corporate and project finance loan origination and execution.
- Understanding of debt capital markets.
- Strong credit skills including ability to build financial models.
- Experience in negotiation of loan documentation.
Main Duties and Responsibilities of Role:
- Preparing and efficiently processing of credit approval packages.
- Financial modelling with sensitivity analysis and validation of key assumptions.
- Running internal models including risk ratings and loan pricing, and interfacing with risk management on risk appetite.
- Managing the internal and external deal execution process.
- Preparation of marketing materials.
- Involvement in term sheet negotiations and other legal documentation.
- Analysis of different transaction structures and providing recommendations.
- Review of due diligence.
- Comp analysis of debt structures, performance metrics and debt pricing.
- Working with and coaching junior colleagues by supporting them in their personal and professional development.
Personal Competencies
- Collaborative and inclusive team player with demonstrated ability to work effectively across functions.
- Openness to learn about new industry sectors.
- Global mindset.
- Authentic and confident presentation and communication skills.
- Ability to thrive in a fast-paced environment with multiple competing priorities.
- Self-motivated and willing to work in a deal-oriented and deadline-driven environment.
- Strong work ethic, positive attitude, and professional demeanour.
Transaction Management - Shipping (VP or Junior Director) employer: ING
Contact Detail:
ING Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Transaction Management - Shipping (VP or Junior Director)
✨Tip Number 1
Network with professionals in the shipping and finance sectors. Attend industry events, webinars, or conferences to meet potential colleagues and learn about the latest trends. This can help you gain insights into the role and make valuable connections.
✨Tip Number 2
Familiarise yourself with the specific lending processes and regulations related to shipping. Understanding the nuances of this sector will not only boost your confidence but also demonstrate your commitment to the role during interviews.
✨Tip Number 3
Prepare to discuss your experience in managing teams and coaching junior bankers. Highlight specific examples where you've successfully guided others, as this is a key aspect of the player-coach role we are looking for.
✨Tip Number 4
Stay updated on current market trends and recent transactions in the shipping sector. Being knowledgeable about recent deals and market movements will allow you to engage in meaningful discussions during interviews and showcase your expertise.
We think you need these skills to ace Transaction Management - Shipping (VP or Junior Director)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in banking, particularly in transaction management and lending. Emphasise your 7+ years of experience and any specific achievements in corporate and project finance.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the shipping sector and your ability to manage lending transactions. Mention your collaborative skills and how you can guide junior bankers effectively.
Highlight Financial Modelling Skills: In your application, specifically mention your experience with financial modelling and credit analysis. Provide examples of how you've successfully built financial models and validated key assumptions in past roles.
Showcase Communication Skills: Since the role involves frequent interaction with clients and internal departments, highlight your communication skills. Include examples of how you've effectively presented information or negotiated loan documentation in previous positions.
How to prepare for a job interview at ING
✨Showcase Your Experience
Make sure to highlight your 7+ years of relevant banking experience. Be prepared to discuss specific examples of corporate and project finance loan origination and execution that you've been involved in.
✨Demonstrate Financial Modelling Skills
Since financial modelling is a key part of the role, be ready to explain your approach to building financial models. Discuss any sensitivity analysis you've conducted and how you validate key assumptions.
✨Prepare for Technical Questions
Expect questions related to debt capital markets and credit skills. Brush up on your knowledge of loan documentation negotiation and be ready to discuss your experience with risk management processes.
✨Emphasise Team Collaboration
As a player-coach, your ability to work effectively across functions is crucial. Share examples of how you've collaborated with client relationship managers, legal advisors, and junior colleagues to achieve successful outcomes.