Director, Senior Credit Officer
Transaction Approval & Advice | Director, Senior Credit Officer | New York About ING: 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: Transaction Approval & Advice (TA&A) New York is looking to support Front Office business growth ambitions by hiring a Senior Credit Officer (SCO) who will: be responsible for (1) executing client transactions from origination to closing and (2) manage the credit risk of an assigned client portfolio. The SCO who is the primary point of contact for front office for her/his/they portfolio, exhibits deep specialized knowledge on the relevant sectors, markets and/or products. and safeguards the risk appetite of the bank in balance with a sound commercial sense. This person will work with various business units with primary responsibility for the Energy portfolio. This is a second line of defense Director level position that will report to the Head of TA&A – New York.About the department:TA&A based in New York City acts as the credit risk management group and second line of defense is support of the corporate lending business at ING Capital LLC which is the wholesale lending arm for ING Bank in the Americas. TA&A is responsible for the analysis, advice and decision making of tailored (lending) transactions for key WB Sector and Lending clients and supporting these clients in their success whilst safeguarding the risk appetite of the bank. The risk managers (SCOs and risk officers) have a deep understanding of credit structuring, credit risk and businesses & markets, next to the assessment of related risks like ESG, compliance and climate risk. In addition to the asset-by-asset approval process, the SCOs manage their portfolios and advice senior management on the strategic direction in terms of risk appetite and portfolio steering in sectors and products. TA&A teams are also engaged in strategic projects covering sector analysis, risk appetite direction, Leveraged Transactions, reporting, climate change and a wide range of other related initiatives covering the wider credit strategy of ING.Responsibilities:Conduct and facilitate credit exposure approval and associated decision-making processes, ...