- Engage in all aspects of underwriting, arranging and lending in order to originate leveraged finance transactions
- Author screening memos and credit approval packages reflecting due diligence, financial modeling, and credit documentation review
- Assemble client marketing presentations and internal presentations as needed
- Complete LBO models, comparable companies / precedent transactions analyses, rating models and return assessments
- Collaborate with a wide variety of other teams, ranging from sector teams to specific departments (e.g., Risk, Capital Markets, Legal) and Acquisition Finance colleagues across the globe
- Oversee and coordinate with Analyst(s) on deal teams
- A Bachelor's or Master's Degree in Finance, Accounting, Business, Economics, Mathematics or related quantitative field. MBA is a plus
- 3-4 years of relevant experience
- Leveraged finance background not required but a plus
- Strong understanding of GAAP accounting principles and financial statements
- Proficiency in MS Office (Excel, PowerPoint, Word)
- Progress towards a CFA or CPA is a plus
- Credit training is a positive
- Strong written and verbal communication skills
- You are a driven individual with ability to work under limited direct supervision
- You are a standout colleague and an exceptional teammate
- You are highly detail oriented and able to handle several projects at a time in a fast-paced environment
Associate - Acquisition Finance (Sponsor Coverage) - Washington, United States - ING
Description
Capital Markets & Advisory | Acquisition Finance – Sponsor Coverage| Associate | New York (Hybrid)
About ING :
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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.
Sound like the kind of place you'd feel at home? We'd love to hear from you.
About the position:
ING's Acquisition Finance Sponsor Coverage group in the Americas is seeking an Associate. This position is an opportunity to execute sponsor-backed leveraged lending transactions, typically leveraged buyouts and refinancings. You will work closely with senior bankers and gain credit experience across various industries and deals, including clubbed and broadly syndicated loans. You will perform range of activities which include idea generation, pitching, credit analysis, modelling, writing credit applications, legal documentation review, and closing processes for new transactions, as well as monitoring and review tasks that come with the management of an existing portfolio (in conjunction with our Asset Management team). The position requires a self-starter who can take the initiative to work independently and collaboratively in a dynamic team setting .
About the department:
Acquisition Finance is a global platform that provides advice and financing to leveraged issuers backed by a range of top-tier private equity sponsors. The team works to support private equity sponsors across ING's footprint and is considered experts within the leveraged lending field and a pillar of ING's capital velocity strategy.
Responsibilities:
Qualifications and competencies:
Salary Range: $120,000 - $155,000
ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to color, 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.