Director, Team Lead

ING•New York, NY

5d•Hybrid

About The Position

As a Director in this team your primary responsibility will be ongoing management of the Project Finance loan portfolio, with an emphasis on credit monitoring, analytics and internal reporting. You will have portfolio management responsibilities for a portfolio of project finance loans. This is a leadership position and will require coordination between sector specialists, offshore portfolio support teams, risk management and junior members of the team.

Requirements

BA/BS in finance/economics/accounting/management/engineering (or similar); CFA a plus
Minimum of 8 years of relevant experience specifically within Project Finance.
5-8 years in TMT, Infrastructure Financing and/or Energy is preferred.
At least 2 years of management experience.
Strong financial and credit analysis capabilities
Strong financial modeling capabilities
Excellent presentation and communication skills
Ability to thrive in a fast-paced environment with multiple competing priorities
Committed and dedicated individual who will continuously improve the way the team works
Self-motivated and willing to work in a deal oriented and deadline driven environment
Experience taking internal credit approval processes from start to finish
Excellent understanding of GAAP accounting statements & principles
Strong work ethic, positive attitude, and professional demeanor
Ability to work under pressure and set the right priorities in a dynamic, challenging and international environment
Understanding of risks associated with project finance
Knowledge of Legal Documentation
Proficient in MS Excel and Word

Nice To Haves

CFA a plus

Responsibilities

Actively manage all facets of the daily operations of the identified portfolio, including but not limited to: Routinely analyze the credit migration trends of the portfolio and individual names; Idea generation for value added cross buy or client opportunities; Quarterly and annual credit reviews; Prepare quarterly Credit Risk Management (“CRM”) portfolio reviews; Process amendment and waiver requests, write or review credit modifications, submit to risk and address Q&A, follow-up on the required legal amendments to the documentation until execution; Track compliance of financial covenants and other reporting covenants such as construction/ operating reports, insurance, etc.; Review annual risk rating updates prepared by an administrative support team; Oversee and prepare collateral monitoring reports; Prepare and maintain reports as requested by regulators, rating agencies and other external parties; Maintain various department and industry databases/trackers; Maintain internal portfolio tracking metrics; Respond to ad hoc internal requests on portfolio composition and exposure; Coordinate and work with offshore portfolio support teams; Diligent and proactive credit monitoring through the review of all covenanted financial and project information (e.g. financial models, Borrower and Adviser operational / construction progress reports) as well as compliance with all regular reporting activities in line with the bank’s policy and procedures
Oversee multiple PMs on a project-basis to ensure proper training and development to ensure the success of efforts within their remit
Responsible for the accurate internal system processing (Vantage) including GRID, FINAN, TSC, Risk Rater Interface with relationship managers and sector specialists to ensure an active dialogue on credit trends, challenges and opportunities with individual borrowers
Monitor and identify market developments and proactively manage their potential impact on the portfolio
Support Team Lead and coordinate between Portfolio Management/ Origination in order to ensure timely and accurate response to internal (CAS) and external regulatory controls and audits by providing the required insights, reports and samples and by participating in the dialogue if so requested
Stay up to date on organizational operating policies and procedures (i.e. Risk, Legal, etc.) to ensure appropriate protocols are implemented and followed, and facilitate accordingly
Implementation of strategic initiatives, including enhancements to the credit monitoring process to improve business efficiency
Identify productivity trends across the Front Office organization and use insights from reporting to create and drive efficient processes and improve productivity
Ensure an excellent level of service and high-quality output
Implement transformation projects
Coordinate with KYC/CDD team
Manage lending limits and Capital Velocity programs