ING Wholesale Banking in Singapore
We began operating in Singapore in 1987 where we host the regional Asia Pacific headquarters. With over 300 financial experts, we are the largest wholesale banking branch in Asia. ING stands out in the Asia Pacific region because we go a step further for our customers. We look at things from the client’s perspective which allows us to construct tailor-made solutions to fit the needs of every company we serve. This mentality underpins all our client relations and has produced various prestigious awards.
Job Profile Summary
The TMT & Healthcare sector cluster with ING Wholesale Banking has the mandate to develop wholesale banking business for ING in these two sectors globally. The sector team is responsible for developing business with clients in these sectors by providing financing, advisory services and other wholesale banking products & services to clients through its teams based in Asia Pacific, Europe and the Americas.
We are seeking to recruit a bright, numerate and articulate employee at Analyst/Associate level who would enjoy a new challenge working in a fast paced and dynamic environment. This is a junior lending professional role within the front office. You will support and work closely with Relationship Managers and/or deal team leaders and in virtual client teams. On the team, you will be exposed to and work with different colleagues from the TMT & Healthcare sectors and in future also other sectors in which ING specializes.
The vacancy involves regular contact with clients, prospects, other banks, technical and legal advisors and frequent cooperation with internal departments such as Credit Risk Management, Legal, Loan Distribution and Operations.
The role requires an individual who has strong analytical skills, is numerate, has strong written and oral communication skills and can work closely with others. Modelling experience, a good credit grounding, and prior corporate banking experience would be preferred.
Job Responsibilities:
The successful candidate is expected to work with team members including Client relationship managers/deal team leaders and other stakeholders to provide all execution support necessary to execute new financings. Networking with various external parties and working closely internally risk, legal, treasury, and with other product partners is required.
The candidate will be involved in every new lending transaction, working closely with the client relationship managers and/or Deal Principals and will take responsibility for many of the lending execution key processes, which include:
- Financial and credit analysis on existing and prospect clients.
- Preparing and efficiently processing credit approval packages.
- Building and preparing financial models with sensitivity analysis and validation of key assumptions.
- Interfacing with loan operations, treasury and the lending center of excellence units to verify limit availability, and compliance with internal policies.
- Oversee and coordinate deal closing including final CPs and obtaining the final loan documents.
- Providing origination support and lending analytics for clients.
- Involvement in term sheet negotiations and supporting loan syndication efforts.
- Analysis of different transaction structures and providing recommendations.
- Preparing business comparable and analysis of debt structures, performance metrics and debt pricing.
- Attending client team meetings and attend calls with customers including for transaction-related due diligence.
- Staying current on organizational operating policies and procedures (i.e. Risk, Legal, etc.) to ensure appropriate protocols are implemented and followed, and facilitate accordingly.
- Enhancing internal processes, suggesting efficiency improvements.
Specific responsibilities include:
- Reviewing due diligence including summarizing and performing analytics.
- Writing Greenlight memos, presentation and discussion with Risk Management.
- Running internal models including risk ratings and loan pricing, and interfacing with risk management to establish the appropriate internal risk rating.
- Assisting in the review of legal documentation and validating key terms & conditions.
- Working with and mentor junior Analysts, trainees and Interns by supporting them in their personal and professional development as lending professionals.
What we're looking for:
- Graduate in finance/economics/accounting/management (or similar).
- Minimum 1-3 years of relevant specialized or corporate lending experience.
- Experience in the Telecom, Media, Technology, Media and Healthcare sectors or other sectors in which ING is active, would be a plus.
- Collaborative and inclusive team player; embracing diversity and cross-cultural awareness and able to work effectively across functions.
- Exposure in corporate and project finance loan origination and execution.
- Understanding of credit skills and understanding of debt capital markets.
- Committed and dedicated individual with strong work ethic, positive attitude, and professional demeanor.
- Strong analytical skills and financial modelling skills.
- Strong presentation and communication skills.
- Self-motivated and willing to work in a deal oriented and deadline driven environment.
