Associate, TMT - ING Group : Job Details

TMT | TMT Associate | NYC About ING : Ranked #8 on LinkedIn Top Companies in Financial Services Crain's 100 Best Places to Work Ragan's Top Places to Work in 2023In 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, sector expertise and sustainability leadership, 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: The Technology, Media and Telecommunications ( TMT ) team is part of ING Sector Coverage. We focus on supporting our clients in the Americas region in two distinct ways: 1) fee generating lead-lending business, in the form of either project finance, leverage finance or corporate lending, mostly in support of Private Equity and/or Infrastructure Investors; and 2) cross-sell efforts for all clients. This role's primary focus will pertain to lending and cross-selling ING's many product solutions in the digital infrastructure space (datacenters, fiber, towers) but also in support of the coverage investment grade multinational corporates in the broader TMT sector. Responsibilities :

• New Deal Origination/Execution Support: Support MDs, Directors and VPs in the TMT Team in the origination, structuring and execution of new financing solutions, with an emphasis on the North American digital infrastructure space. Responsibilities include but are not limited to onboarding of clients/ borrowers, industry & market analysis, preparing pitches and presentations for new opportunities, capital structuring or M&A transactions in the TMT sector, greenlight memos, credit and written summaries for new lending transactions (jointly with our Transaction Management Lending team), using own or third party financial models to prepare or review financial projections and sensitivities analysis, reviewing due diligence materials, loan documentation, participation in the credit application process, and assisting in the maintenance of industry and market intelligence databases.

Requisite Skill Set:

• Strong academic track record with Undergraduate or Masters from accredited university or college
• Strong credit analysis background, basic knowledge of credit structuring preferred
• Strong written and oral communication skills.
• Must be highly detail-oriented and accurate
• Must be able to manage multiple projects simultaneously and meet tight deadlines
• Proficiency in MS Office (Excel, Word, PowerPoint): Must have outstanding Excel skills and be able to build own/use third-party financial debt models very soon after starting.
• Fundamental understanding of GAAP accounting principles and comfort with core financial statements (Income Statement, Cash Flow Statement and Balance Sheet)
• Fundamental understanding of key financial markets and products
• Basic understanding of Loan documentation as well as corporate and bankruptcy law
• Team Player, self-motivated and proactive

Qualifications and Competencies

• Education : Bachelor's Degree in Accounting, Finance, Economics, Engineering or Math
• Experience: minimum of 4 years of relevant project/corporate finance experience, ideally in the North American TMT/ digital infrastructure industry
• Microsoft Excel, PowerPoint, Word
• Series 79/63 preferred but not required

Salary: $130,000 - $165,000In 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 working from home, commuting, and fitness.ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to color, 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.