Analyst, Sector-Based & Specialized Lending - Project Finance
ING Hubs Romania New York, New York, United States · $105K–$115K/yr
IT Services and IT Consulting · 1,001-5,000 employees
About the role
The analyst will support origination efforts by participating in deal screening, risk analysis, and performing due diligence on lending transactions. They will also coordinate with internal teams and external clients to manage loan closings and maintain transaction models.
What they look for
Requirements
Candidates must have at least one year of relevant project or corporate finance experience, preferably in the North American renewables and power market. Strong financial modeling, credit analysis skills, and proficiency in MS Office are required.
Benefits
Full description
Lending | Sector Based & Specialized Lending | Project Finance Analyst | NYC
About ING:
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.
Sounds like the kind of place you’d feel at home? We’d love to hear from you.
About the position:
This is a lending professional role within the front office. As a team member, you will carry primary responsibility for some of the key processes related to lending transactions, along with assisting a team of bankers that execute new lending transactions and work closely with the client relationship managers - Directors and Managing Directors - and sector experts to originate new lending transactions.
Responsibilities:
Responsibilities include but are not limited to:
- Supporting the origination efforts of ING’s sector bankers;
- Participate in initial deal screening/selection and risk analysis;
- Perform due diligence and lead the internal credit approval on transactions;
- Reviewing financing documents and material project agreements and validating key terms & conditions;
- building, reviewing, and maintaining transaction and internal risk rating and return models;
- Interfacing with risk, loan operations, treasury, legal teams, clients and co-lenders to coordinate loan closings;
- Staying current on organizational operating policies and procedures (i.e. Risk, Legal, etc.) to ensure appropriate protocols are implemented and followed and facilitate these accordingly;
- Coach and mentor junior team members to build their technical skills and market knowledge.
Qualifications and Competencies:
- 1+ years of relevant project/corporate finance experience ideally in the North American renewables and power market;
- Familiarity with project finance structures, including potentially construction, operating, warehouse, holdco, tax equity, or other sector-specific structures;
- Understanding of GAAP accounting / core financial statements;
- Strong financial and credit analysis capabilities with ability to independently work on transactions;
- Strong financial modeling skills;
- Excellent presentation and written and oral communication skills; detail-oriented and accurate;
- Ability to thrive in a fast-paced environment with multiple competing priorities, that involve managing multiple projects simultaneously and meeting strict deadlines;
- Committed and dedicated team player, self-motivated, strong execution skills with high standards for quality, accuracy, and timeliness;
- Proficiency in MS Office (Excel, Word, PowerPoint);
Other:
- Deal credentials including bank and individual role and responsibilities;
- Case study;
- Modeling test;
- References;
Salary Range: $105,000-$115,000
The salary range listed reflects base salary only. This role is eligible for participation in a discretionary bonus program.
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 commuting and fitness.
ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to race, 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.
