Senior Credit Specialist Transaction Services Trade Sales

Were pleased to share an exciting opportunity at Transaction Services (TS) Trade a dynamic and professional environment within Wholesale Banking. TS Trade supports international corporate clients in managing risk and optimizing working capital /liquidity across global value trade flows. This role sits at the heart of our efforts to position ING as a leading provider of Trade Finance offering a diverse and impactful product suite that amongst others includes Supply Chain Finance Receivables Finance and Traditional Trade solutions (Letters of Credit Guarantees etc).

Your role

As a senior credit specialist within the TS Trade Sales organization you will carry the primary responsibility for some of the key processes related to credit structuring and portfolio credit monitoring of our Trade solutions. This will include working on both the structuring of new trade transactions and well as working on annual reviews covenant monitoring and regulatory reporting to provide a comprehensive service for ING. Key responsibilities include cross-functional collaboration with credit and sector teams to support client needs and drive scalable and compliant growth in Trade Solutions.

The product scope entails the wider Trade solutions such traditional trade products (bank guarantees (stand-by) letters of credit) as well as different open account working capital products (receivables supply chain as well as inventory linked finance). These products are focused on wholesale banking clients within the Transaction Services.

You will work closely with theTS Trade Sales front office teams among others the Centre of Expertise in Amsterdam and Brussels as well as the local Trade Sales Account Management teams. The work will be fast-paced andmultifaceted with a very international (global) scope.

The team
You will work closely with the TS Trade Sales front office teams with their Centres of Expertise in Brussels and Amsterdam and with the local TS Trade Sales and Trade Sales Account Management teams.

The position can either be Brussels or Amsterdam based.

Roles and responsibilities
In this role you will own the critical credit structuring and portfolio oversight processes for Trade solutions with a primary focus on Working Capital.

Your main responsibilities will include

• Prepare credit proposals and manage the credit approval processfor each transaction ensuring follow-up on post-approval conditions and covenants.
• Ensure appropriate portfolio credit management through monitoring and annual reviews
• Own the quarterly monitoring cycle ensuring timely identification of earlywarning signals and adherence to covenants
• Monitor portfolio concentrations limits and trends proposing mitigating actions where required.
• Identify escalate and actively manage emerging credit risks including watchlist and deteriorating exposures.
• Support remediation strategies for higherrisk or nonperforming exposures in collaboration with stakeholders.
• Act as a trusted credit risk partner to Sales Product and Relationship Management teams.
• Provide clear and wellreasoned risk opinions to credit committees and senior stakeholders
• Participating in deal teams for new Trade clients in supporting the credit structuring
• Ensure appropriate communication with all internal stakeholders

• Identifying and acting upon process improvement opportunities.

How to succeed
We hire smart people like you for your potential. Our foremost expectation is that you remain inquisitivecontinuously learning and embracing return we will provide the space and support for your personal development and professional growth.

The ideal candidate brings strong credit expertise combined with solid commercial and operational capabilities and demonstrates the following skills and experience:

• An academic degree in finance accounting economics law or comparable
• Well-developed credit skills as well as strong analytical and financial modelling skills
• Committed and dedicated individual who will continuously improve the way the team works
• Self-motivated and able to thrive in a deal-oriented and deadline-driven environment
• At least 5 years of diversified and proven credit experience in (international) wholesale financial services
• A proactive team player with a positive attitude eager to learn share knowledge and contribute to a cohesive and client-focused team culture.

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.

Questions
Contact the recruiter attached to the advertisement. Want to apply directly Please upload your CV and motivation letter by clicking the Apply button.