Director, Execution - Project Finance
: Job Details :

Lending | Transaction Management | Director | 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 2023

In 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:

This is a senior lending and client-facing role within the front office. The primary job responsibility is the execution of new project finance transactions in collaboration with the sector coverage professionals. ING is consistently ranked top-5 in the project finance league tables, in the Americas and globally. As part of this winning team, you will work very closely with senior management, sector originators, our loan distribution group and credit risk management. In this role, you will be responsible for the execution of newly originated deals in a variety of sectors including Renewables & Power, Energy, Infrastructure and Technology.

Responsibilities:

• Responsibilities include, but are not limited to:
• Supporting the origination efforts of ING's sector bankers Partnering with in the loan execution, underwriting and legal documentation associated with new project finance transactions.
• Initial deal screening/selection and risk return analysis. Industry & market analysis.
• Managing and leading deal teams through the loan underwriting process, including credit approval and loan closing.
• Project finance debt models and internal risk rating models.
• Performing due diligence, managing and writing credit applications, including ancillary documents.
• Overseeing the credit application
• Reviewing and/or negotiating financing documents and material project agreements.
• Managing and training deal teams.
• Mentoring junior staff

Qualifications and Competencies:

• 9 + years of relevant project/corporate finance experience, ideally in the North American power and infrastructure industries.
• Bachelor's degree in a relevant field; MBA is a positive.
• Strong financial and credit analysis capabilities.
• Financial modeling capabilities, including strong Excel skills and ability to develop debt-sizing and 3-statement financial projection models.
• In-depth knowledge of the project finance market, including a healthy degree of familiarity with financing structures, tax equity, etc.
• In depth knowledge of one or more of the following industries: Renewables & Power, Hydrocarbons & New Energy, Infrastructure, TMT, Transportation & Logistics
• Interest in becoming expert in an additional sector referenced above, or in Export Finance or Food & Agriculture.
• Ability to develop and mentor junior staff members.
• Excellent presentation and written and oral communication skills.
• Ability to thrive in a fast-paced environment with multiple competing priorities which involve managing multiple projects simultaneously and meeting strict deadlines.
• Committed and dedicated team player, self-motivated high quality/high quantity producer.
• Acute attention to detail and accuracy.
• Proficiency in MS Office (Excel, Word, PowerPoint).
• Strong understanding of key financial markets and products.
• Understanding of corporate, project and bankruptcy law.

Other:

• Deal Credentials including bank and individual role and responsibilities.
• References

Salary Range $250,000-$300,000

In 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.