Associate Portfolio Management

The role

The Portfolio Management team will be the center of excellence for the in-life management of INGs lending exposure. It covers all activities post the initial funding to the final repayment of a lending transaction. As a front office department it will closely collaborate with Origination & Structuring colleagues and product specialists to ensure a seamless client experience. The Portfolio Management function will be organized along product and sector considerations. Each portfolio manager will cover a set of portfolio clients and act as the first point of contact for the ongoing credit monitoring analytics internal risk and other reporting. Portfolio Management supports the identification of cross-buy opportunities and is also closely involved in the delivery of INGs capital velocity targets. The team will be supported by Global Lending Support in Dublin and the ING hub in the Philippines. Together with Tribe Lending and CLEC it will be a key driver of improving processes standardization and digitalization across Lending.

The responsibilities

The specific responsibilities of an Associate include actively managing together with the Portfolio Managers all facets of the individual files booked in your dedicated portfolio including but not limited to:

• Quarterly and annual credit reviews
• Process amendment and waiver requests write or review credit modifications submit to risk and address Q&A follow-up on the required legal amendments to the documentation until execution
• Review annual risk rating updates prepared by an administrative support team
• Diligent and proactive credit monitoring through the review of all financial covenants and operating performance (e.g. financial models proforma adjustments key drivers etc.) and track compliance of covenants prepared by an administrative support team
• Identification and resolution of Early Warning Signals for a deterioration in credit quality

In addition an Associate will monitor and identify together with the Portfolio Managers market developments and proactively manage their potential impact on your portfolio by:

• Preparing and maintaining reports as requested by regulators or internal stakeholders
• Preparing quarterly Credit Risk Management (CRM) portfolio reviews
• Maintaining various department and industry databases/trackers
• Maintaining internal portfolio tracking metrics
• Responding to ad hoc internal requests on portfolio composition and exposure
• Coordinating and working with offshore portfolio support teams
• Managing lending limits and Capital Velocity programs

An Associate will take an active role in the various Virtual Client Teams by:

• Interfacing with relationship managers and sector specialists to ensure an active dialogue on credit trends challenges and opportunities for individual clients;
• Contributing to idea generation for value added cross-buy or client opportunities.

An Associate is expected to build a culture of operational excellence by:

• Staying up-to-date on organizational operating policies and procedures (i.e. Risk Legal etc.) to ensure appropriate protocols are implemented and followed and facilitating accordingly;
• Supporting the implementation of strategic initiatives including enhancements to the credit monitoring process to improve business efficiency;
• Supporting the implement transformation projects;
• Working with and coaching Analysts trainees and interns by supporting them in their personal and professional development.

Qualifications and Competencies

Education

• University degree major in business/economics law or relevant business discipline. CFA and/or MBA a plus

Experience

• 3-6 years of relevant credit analysis experience in the banking industry.

Competencies

• Collaborative and inclusive team player with consistent high marks on Orange Code behaviour; embracing diversity and cross-cultural awareness and able to work effectively across functions
• Strong financial and credit analysis capabilities
• Good presentation and communication skills
• Collaborative mindset
• Committed and dedicated individual who wants to continuously improve
• Self-motivated and willing to work in a deal oriented and deadline driven environment
• Knowledge of Legal Documentation
• Strong work ethic positive attitude and professional demeanor

Rewards and benefits

We want to make sure that its possible for you to strike the right balance between your career and your private life. You can find out more about our employment conditions at Benefits in the Netherlands

The benefits of working with us at ING include:

• A salary tailored to your qualities and experience

• 24-28 vacation days depending on contract

• Pension scheme

• 13th month salary

• Individual Savings Contribution (BIS) 3.5% of your gross annual salary

• 8% Holiday payment

• Hybrid working to blend home working for focus and office working for collaboration and co-creation

• Personal growth and challenging work with endless possibilities

• An informal working environment with innovative colleagues

About us

With 60000 employees and operations in approximately 40 countries there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of whats possible and at the same time ensure you work with integrity and hold the customers interests at heart Do you want to be surrounded by progressive inspiring diverse and supportive colleagues Then there is no better place to invest your talents than at ING. Join us. Apply today.