Associate, Sector-Based & Specialized Lending- Transportation & Logistics

ING•New York, NY

2d•Hybrid

About The Position

This is a front‑office lending role within ING’s Sector Based & Specialized Lending (SSL) platform. The Associate will support the origination and execution of lending transactions with a primary focus on Transportation & Logistics and will work closely with a Vice President on the team. The Associate will be expected to build expertise in asset-based lending, with an emphasis on Transportation & Logistics asset classes, including shipping, containers, rail, and aviation. While Transport & Logistics will be the primary focus, the Associate will also be expected to develop a secondary focus in at least one additional sector within the platform: Renewables & Power, Hydrocarbons and New Energy, Metals & Mining, TMT & Healthcare, Food & Agribusiness, Fund Finance, Financial Sponsor Finance, Real Estate Finance, Asset-Based Lending, or Structured Export Finance. The position offers hands‑on experience across the full lifecycle of secured lending transactions, including origination support, credit analysis, structuring, and execution. The Associate will work closely with Relationship Managers, Directors, Managing Directors, and sector specialists and will gain exposure to industry dynamics, asset values, legal structures, and risk considerations specific to transport assets.

Requirements

3+ years of relevant experience in lending, corporate finance, structured/asset-based finance, project finance, or investment banking
Demonstrated interest in (or experience with) asset-based and/or secured lending, including collateral analysis, documentation concepts, and recovery-focused credit thinking
Strong financial and credit analysis skills with a solid understanding of financial statements and cash‑flow‑based and secured lending fundamentals
Financial modeling experience (Excel), including sensitivity analysis and scenario modeling may be assessed through a modeling exercise/case study
Strong written and verbal communication skills, with attention to detail
Ability to manage multiple workstreams in a fast‑paced environment and meet deadlines
Collaborative mindset with the ability to work effectively across sectors and teams
Proficiency in Microsoft Office (Excel, Word, PowerPoint)

Nice To Haves

Transport & Logistics sector exposure is a strong plus

Responsibilities

Supporting origination and execution efforts for Transport & Logistics lending transactions, with a focus on asset-based lending across shipping, containers, rail, and aviation
Participating in initial deal screening, borrower/obligor analysis, and credit assessment under guidance of senior team members, incorporating asset quality, residual value, and market liquidity considerations
Assisting in due diligence processes, including analysis of borrower financials, business models, fleet/asset composition, utilization, counterparty profiles, and industry dynamics
Preparing and contributing to internal credit approval materials, including transaction narratives, collateral descriptions, advance rate and covenant proposals, stress cases, and risk mitigants
Building, reviewing, and updating financial models, including collateral and borrowing base analyses (where applicable), valuation, asset-level cash flow and depreciation assumptions, downside and recovery analyses, and internal risk rating tools
Reviewing financing documentation and supporting analysis of key commercial and collateral terms (e.g., security package, collateral eligibility, reporting requirements, covenants, and events of default) in loan and related agreements
Coordinating with internal stakeholders such as Risk, Legal, Loan Operations, Treasury, and Finance, and with external parties (e.g., counsel, technical advisors, and appraisers) as needed to support transaction execution and closings
Performing deal closing duties
Staying current on internal policies, procedures, and risk frameworks to ensure transactions are executed in line with ING standards