Senior Credit Officer

Job title:

Senior Credit Officer

Company:

ING

Job description

ING NL is looking for a WB Senior Credit OfficerThe department: CRO/WB/Transaction Approval & AdviceAs part of the Wholesale Banking CRO domain, Transactional Approval & Advice (“TA&A”) acts as the second line of defence on transactions with ING’s corporate clients, originated by our Sectors, Lending, Transaction Services, Financial Markets and CM&A teams in EMEA.The Senior Credit Officers (SCOs) in this team 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, SCOs have a delegated approval authority to manage their portfolios and they advise senior management on the strategic direction in terms of risk appetite and portfolio steering in sectors and products.Our NL department employs ~65 people and is organized over 5 teams;Energy, Transportation & Logistics; Real Estate, Infra & Construction; Commodities, Food and Agri; TMT & Healthcare, Acquisition Finance, Asset securitization, BMG, Corporate Investments, Corporate Sector Lending NL and Working Capital Solutions/SCF; Environmental & Social ResponsibilityIn addition, the TA&A teams are engaged in strategic projects covering sector analysis, portfolio analysis, ECB requests, reporting, ESG/climate change and a wide range of other related initiatives covering the wider credit strategy of ING.It is a great environment, with short communication lines to senior leaders within the (Risk) organisation, and the deal flow is demanding and allows you to learn and grow fast. You will operate in one of the key centres that drives the risk profile of ING.The roleThe Senior Credit Officer, who is supported by a Credit Risk Officer, is responsible for advising and managing client transactions from originating to closing from a credit risk perspective. The SCO is the primary point of contact for front office for her/his portfolio and safeguards the risk appetite of the bank in balance with a sound commercial sense. The SCO is the product/sector expert and exhibits a deep and specialized knowledge on the relevant sectors, markets and/or products, next to excellent and proven credit structuring skills.The TA&A organisation is relatively small, to a large extent self-steering, in which you are requested and required to take ownership. Therefore you will be spending the vast majority of your time on (indirectly) supporting our clients, frequently after in-depth discussions with our FO colleagues to reach a palatable solution to the client need. You will be doing it in a dynamic, international and diverse Risk team, where we share and use each other’s knowledge. The timelines of (especially TMT&HC and AF) requests are usually short, and as such can be demanding, which requires a level of flexibility, where and a ‘can do‘ mentality is important.Your position will be based in the Amsterdam and you will report to the team lead, who is responsible for the TMT & Healthcare, Acquisition Finance, Asset securitization, BMG, Corporate Investments, Corporate Sector Lending NL and Working Capital Solutions/SCF portfolios.Job description/profile:

• You are an Orange Code ambassador
• 7+ years’ experience within Wholesale Banking front office and/or credit risk, with expert knowledge of lending products (and documentation) and working knowledge of financial markets products (and documentation).
• Good understanding of the TMT&HC sector as well as the Acquisition Finance product is a pre.
• Recommending and deciding on credit applications for new transactions, modifications and reviews;
• Establishing and/or advising on risk appetite for the relevant portfolios or products;
• Developing and maintaining relationships with (senior) management and other relevant internal and/or external stakeholders;
• Ensuring the quality, policy compliance and consistency of the credit application and that transactions meet the conditions of approval as set out in the credit process;
• Closely monitoring the portfolio in your focus area and proposing corrective actions to manage credit risk deterioration.
• Further develop the portfolio monitoring, if and where desirable;
• Acting as a back-up for other portfolios within the WB/CRO TA&A department;
• Training and coaching of junior team members;
• Participating in projects and actively providing input/developing relevant risk policies and reports;

Who we are looking for?The candidate has ample experience and seniority in the field of complex Wholesale Banking transactions with at least ~7 to 10 years of relevant experience in a Sector/Product. He or she has strong social skills and understands internal governance and stakeholder management. We look for a pro-active, dedicated and independent thinker; a decision maker with a proven ability to work under pressure in an international and demanding environment; a strong team player.Your profile is:

• Demonstrable experience at sufficient senior level of banking with excellent credit structuring skills and sufficient experience in legal documentation;
• Strong personality, self-starter, hands on, with ability and eagerness to learn ;
• Results oriented, dedicated and have flexibility to adapt well to a dynamic working environment with high level of integrity, sense of urgency, attention to detail and quality standards
• Display seniority and persuasiveness;
• Good communication skills (verbal and in writing), and fluent in English;
• An independent thinker, not afraid to provide a different point of view and open to the exchange of ideas;
• Team player, social, enjoying collaboration across the bank and committed to help others;
• Willingness to invest in specialized sector knowledge and ability to link this sector expertise with current sector trends;
• An academic background in e.g. Finance, Business or Economics;
• Skilled to act as sparring partner for Global heads in the 1st line with an eye for strategy.

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. You can find out more about our employment conditions at https://www.ing.jobs/netherlands/Why-ING/benefits.htmThe benefits of working with us at ING include:

• A salary tailored to your qualities and experience
• 4-27 vacation days depending on contract
• Pension scheme
• 13th month salary
• Individual Savings Contribution (BIS), 3.5% of your gross annual salary
• 8% Holiday payment
• Hybrid working to blend home working for focus and office working for collaboration and co-creation
• Personal growth and challenging work with endless possibilities
• An informal working environment with innovative colleagues

About usWith 60,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of what’s possible and at the same time ensure you work with integrity and hold the customer’s interests at heart? Do you want to be surrounded by progressive, inspiring, diverse and supportive colleagues? Then there is no better place to invest your talents than at ING. Join us. Apply today.Questions?Contact the recruiter attached to the advertisement for more information. Want to apply directly? Please upload your CV and motivation letter by clicking the “Apply” button.

Expected salary

Location

Amsterdam, Noord-Holland

Job date

Thu, 19 Dec 2024 08:05:19 GMT

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