Portfolio Management - Analyst
Portfolio Management - Analyst
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Job Description
ING is a family friendly organisation offering a flexible hybrid working pattern. Portfolio Managers are required to be office based a minimum of 3 days per week.
Department Overview:
- The Sectors Portfolio Management (PM) team aims to be the center of excellence for the inlife management of INGs lending exposures to multiple sectors. It is a front office team that covers all activities post the initial funding to the final repayment of a lending transaction.
- Monitors the performance of all sectordriven lending transactions in the UK and respond to requests from the client including facility extensions amendments and waivers (plus other ad hoc requests).
- The position involves contact with clients other banks legal advisors and frequent cooperation with internal departments such as Credit Risk Management Legal and Deal .
- The Sectors PM team is looking to hire a portfolio management associate specializing in Shipping Finance but you will also be exposed to and expected to work with other sectors in which ING London specialises.
Candidate Profile
Qualification/Education
- Essential: Degree level education
- Desirable: CFA or similar
Experience/Knowledge:
Essential
- Minimum 2 years of relevant experience in a lending role
- Strong financial and credit analysis capabilities
- Strong financial modelling capabilities
- Understanding of risks and ability to assess potential mitigants
- General knowledge of legal documentation and transaction structuring
- Strong credit background in structured finance / cashflow based lending.
- Proficient in MS Excel and Word
Desirable:
- Shipping Finance experience
Main Duties and Responsibilities of Role:
- You will manage a portfolio of Shipping Finance loans working closely with senior colleagues and other stakeholders.
- In line with the Banks policies and objectives you will provide file analysis and monitoring (including periodic covenant management identification and resolution of early warning signals and risk rating reviews) and will be responsible for delivering high quality reviews of the Borrowers in your portfolio. This will include but is not limited to market updates on the client and sector it operates compliance checks performance updates received from the client ESG analysis and review of financial information/models.
- For credit modifications (amendments/waivers) or refinancings within your portfolio you will work alongside senior colleagues to deliver these in line with internal credit risk timeframes and client deadlines. This may also involve reviewing legal documentation for accuracy internal compliance and commercial risk mitigation alongside INGs inhouse legal teams.
- You will also deliver reports required by colleagues in credit risk management internal / external auditors as well as the Banks regulators.
- As a front office department PM collaborates closely with origination colleagues and product specialists to ensure a seamless client experience.
- You will maintain relationships and liaise with internal functions such as Credit Risk Operations and where necessary Global Credit Restructuring.
- You will be responsible for the acceptance of new transactions into your portfolio and management of offboarding or handover of files when appropriate
- Where necessary and appropriate you will participate in discussions with borrowers advisors and facility agents
Personal Competencies:
- Excellent presentation and communication skills
- Ability to thrive in a fastpaced environment with multiple competing priorities and tight deadlines
- Committed and entrepreneurial individual who is prepared to learn about new industry sectors
- Selfmotivated positive attitude and professional demeanour
INGs purpose is Empowering people to stay a step ahead in life and in business. Every ING colleague is given the opportunity to contribute to that vision. We champion selfreliance and foster a collaborative and innovative culture. The Orange Code is our global manifesto for how we stay true to our purpose and our tradition of reinvention and empowerment. It is made up of ING Values (we are honest; we are prudent; we are responsible) and ING Behaviours: (you take it on and make it happen; you help others to be successful; you are always a step ahead)
For us success will only be achieved if we act with Integrity.
Some companies see diversity as a box to be ticked. We see it as fundamental to our success and we encourage a proper work/life balance. At ING you will be judged on your performance in line with the Orange Code. And thats a promise.
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In order to operate INGs recruitment process we will collect and store personal data you provide. Please request the privacy statement should you wish to understand how ING UK uses and protects this information. You can visit our website for more information.
Required Experience:
IC
Employment Type
Full-Time
