Energy | HNE | Associate | Houston Hydrocarbons & New Energies, Associate, Houston
About ING: Ranked #8 on LinkedIn Top Companies in Financial ServicesCrain's 100 Best Places to WorkRagan'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, 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 Energy team is part of ING Global Sector Coverage which covers the energy value chain including oil & gas production, transport & storage, traditional and renewable power generation, and new energy technologies (CCUS, batteries and hydrogen). As an Associate for the Energy team you will be responsible for:
Responsibilities :- New Deal Origination/Execution Support: Support MDs, Directors and VPs in the HNE Team in the origination and structuring of financing solutions, with an emphasis on project finance. Responsibilities include but are not limited to onboarding of clients/ borrowers, KYC, industry & market analysis, preparing pitches and presentations for new financing opportunities, capital structuring or M&A transactions in the power sector, greenlight memos, credit and written summaries for new lending transactions, using own or third party financial models to prepare or review financial projections and sensitivities analysis, reviewing due diligence materials, 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 top school
- Solid math skills essential; solid statistical skills useful
- 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 corporate and bankruptcy law.
- Team Player, self-motivated high quality/high quantity producer
Other:
- Writing sample - preferably a credit analysis
- Taking a basic debt modelling test
- References
Qualifications and Competencies- Education: Bachelor's Degree in Accounting, Finance, Economics or Math
- Experience: 4-5 years of relevant project/corporate finance experience ideally in the North American power industry
- Experience w/ pitching materials and power point
- Microsoft Excel
- Series 79/63 preferred but not required
Salary: $130,000 - $165,000 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.