Portfolio Management - New York, United States - ING

ING

Verified Company

New York, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Core Information:

Corporate Title:
Analyst

Department:
Portfolio Management

Status:
Full-time

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_

ING's purpose is 'Empowering people to stay a step ahead in life and in business'. Every ING colleague contributes to that vision. We champion self-reliance 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 Behaviors: (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 that's a promise.

The Opportunity:

This role is a member of the Project Finance team that comprises the critical Project Finance portfolio management and reporting foundation of all lending origination and underwriting activity.

As an Analyst in this team your primary responsibility will be the ongoing management of the Project Finance loan portfolio, with an emphasis on credit monitoring, analytics and internal reporting.

Main Duties and Responsibilities of Role:

Prepare and submit quarterly and annual credit reviews/packages;
Review and compare financial performance to budget, evaluate financial projections and remodel forecast (as needed);
Compile and participate in quarterly Credit Risk Management ("CRM") portfolio reviews;
Assist in the execution and preparation of amendment and waiver requests, aide in writing credit modifications, submit to risk and address Q&A, and followup on the required legal documentation;
Assess and track compliance of borrowing bases, collateral, liquidity/availability, covenants and other reporting items (i.e. UCC filings, insurance, etc.) in line with the bank's policy and procedures
Perform and review risk ratings for borrowers;
Prepare quarterly memorandums for challenging/underperforming credits;
Prepare and maintain reports as requested by regulators, rating agencies and other external parties;
Maintain various department and industry databases/trackers;
Maintain internal portfolio tracking metrics;
Respond to ad hoc internal requests on portfolio composition and exposure;
Coordinate and work with offshore portfolio support teams;
Research industry sectors and work with industry coverage colleagues to prepare updates;
Assume key role in handling internal system processing (Vantage) including GRID, FINAN, TSC, Risk Rater
Monitor and identify market developments and proactively manage their potential impacts on the portfolio
Coordinate timely and accurate responseto internal and external regulatory controls and audits by providing the required insights, reports and samples and by participating in the dialogue if so requested
Stay uptodate on organizational operating policies and procedures (i.e. Risk, Legal, etc.) to ensure appropriate protocols are implemented and followed, and facilitate accordingly
Coordinate with KYC/CDD team
Assist the team in the execution of new transactions, amendments and refinancings on an asneeded basis

Profile:

Qualifications / Education:
BA/BS in finance/economics/accounting/management/engineering (or similar); CFA a plus

Experience / Knowledge:

At least 1 year of relevant experience credit/accounting/business analytics/project management/portfolio reporting and/or KYC/Compliance.
Formal credit training and financial projection knowledge required.
Prior Project Finance and/or energy and commodies finance experience a plus.
Spanish proficiency a plus.

Competencies:

Excellent presentation and communication skills
Strong analytical, problem solving and project management skills with the ability to multitask and deliver under tight deadlines
Excellent interpersonal and verbal/ written communication skills to ensure effective communication with various local and global teams
Excellent Microsoft skills (Excel, Powerpoint, Word)
Experience working with large data (Pivots, V-Lookups) is valued
Credit training preferred
You are highly detailed in your work
You are selfmotivated and willing to work in a deal oriented and deadline driven environment
You are able to manage and prioritize competing demands from multiple colleagues simultaneously
You desire to work in a collaborative manner in contribution of team objectives

Other: