Transaction Approval - Principal Asset Based Finance
- Amsterdam, Noord-Holland
- Vast
- Voltijds
EUR 5m)Specialized Lending (Sustainable Finance + Structured Debt & Equity)The vacant position is in the Sector & Asset Based Finance team.The Team Sector & Asset Based Finance (Sector & ABF)The Sector & ABF team consists of 20 risk managers, divided among three clusters:Cluster 1: Trade, Retail, Automotive, Transport & LogisticsCluster 2: Industry, Construction, Public & HealthcareCluster 3: Food, Agriculture, Leisure & ServicesA risk manager in a cluster has either a sector focus or an asset based finance focus. Asset based finance contains leasing and commercial finance propositions. The risk managers with a sector focus are led by a sector principal (one for each cluster). The risk managers with a ABF focus are led by the ABF principal (one covering all clusters).We are a dynamic team, cooperate with Front Office / Sales, focused on taking responsible credit risks and working closely together, stepping in for each other where needed. The timelines of requests are usually demanding hence flexibility and a pro-active attitude is important. If suitable, increased responsibilities will be granted to make sure the personal learning curve fits your profile. The primary language in our team and with our stakeholders is Dutch, so fluency in this language is essential.Your positionAs principal of the Asset Based Finance team (5 FTE) you are the primary contact for ING Lease and ING Commercial Finance sales team with regard to 1st & 2nd line collaboration, overall portfolio performance & monitoring and product development. In addition, together with team lead Sector & ABF you jointly lead the goal-setting process, coaching and the performance evaluation of your team.Next to your principal role you and your team are responsible for advising and managing client transactions from originating to closing. Each risk manager monitors her/his own client portfolio and safeguards the credit risk appetite of the bank in balance with a sound commercial sense. Your position will be based in Amsterdam and you will report to the lead Sector & ABF.Role and Responsibilities:Recommending and deciding on credit applications for new transactions, modifications and reviewsClosely monitoring the commercial finance and lease portfolio and proposing corrective actions and improvements to TA&A managementFurther enhancing the portfolio monitoring if and where desirableEstablishing of and/or advising on risk appetite for the relevant portfolios or productsTraining and coaching of team membersWorking closely with front office peers and relevant support departmentsDeveloping and maintaining relationships with (senior) management and other relevant internal and/or external stakeholdersEnsuring the quality, policy compliance and consistency of the credit application and that transactions meet the conditions of approval as set out in the credit processProvide support when needed to other teams within Sector & ABFParticipating in projects and actively providing input/developing relevant risk policies and reportsHow to succeedOur biggest expectation is that you’ll stay curious. Keep learning. Take on responsibility. In return, we’ll back you to develop into an even more awesome version of yourself.At least eight years of experience in a lending environment, excellent credit analysis skills and a good understanding of legal documentation (e.g. LMA, FAAN). Proven lending experience with ABF is preferredWillingness to invest in specialized product knowledge and ability to link this expertise with current sector trendsTeam player, social, enjoying collaboration across the bank and committed to help othersAuthentic and assertive personality, self-starter, hands on, with ability and eagerness to learn and high integrity standardsAn independent thinker, not afraid to provide a different point of view and open to the exchange of ideas. Brings experience and constructive persuasion.Affinity with data, data analysis and automated credit decision making automationGood communication skills (verbal and in writing), and fluent in Dutch and EnglishPreferably an academic background (Msc) in e.g. Finance, Business or Economics.Rewards and benefitsWe want to make sure that it’s possible for you to strike the right balance between your career and your private life.The benefits of working with us at ING include:● A salary tailored to your qualities and experience● 25 - 28 vacation days depending on contract● Pension scheme● 13th month salary● 8% Holiday payment● Mobility Card● Hybrid working● Personal growth and challenging work with endless possibilities● An informal working environment with innovative colleaguesAbout usCurious about how ING empowers people and businesses to move forward .Questions?
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