Vice President, Working Capital Solutions

ING • New York, NY

136d • $161,000 - $203,000

About The Position

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. ING Americas follows a hybrid work model, allowing for in-office / work from home flexibility. Hybrid work arrangements vary based on business area. Sound like the kind of place you’d feel at home? We’d love to hear from you. ING Transaction Services in the Americas Transaction Services (‘TS’) is part of ING’s Wholesale Banking division and operates globally with daily banking related products including Working Capital Solutions, Trade Finance Solutions, Payments & Cash Management, and Liquidity Management Solutions like cash pooling, virtual cash management or solutions offered via Bank Mendes Gans. With strong domestic presence in European countries, ING has developed into a leading player in European Transaction Banking and has a growing footprint in the U.S. To further expand its international franchise, ING is looking for a Vice President to join the Trade & Working Capital Solutions team of ING Americas.

Requirements

• Minimum of 7 years combined experience in banking, financial services.
• Experience working in a global financial institution is strongly preferred.
• Master’s level education or similar advanced level degree.
• Expert understanding of working capital fundamentals, including pitching, structuring and end-to-end implementation.
• Experience in structuring complex (multi-jurisdictions), Supply Chain Finance and Receivable Finance transactions.
• Experience in structuring Asset-Backed Commercial Paper Securitization transactions is strongly desired.
• Expert understanding of Trade Finance Solutions, particularly Standby Letters of Credit.
• Demonstrated expertise preparing and delivering marketing presentations to existing and prospective clients.
• Strong written and interpersonal communication skills.
• Solid problem solving skills and creativity that can be translated into financial structures.
• Self-starter, entrepreneurial with strong credit risk background.
• Resilient and committed, able to deliver within tight deadlines and under pressure.
• Flexible over working hours and prepared to travel.
• Team player.
• Good Microsoft Office (Word, Excel, PowerPoint) skills.

Responsibilities

• Proactively identify and originate Trade & Working Capital Solutions including Trade Finance and Working Capital Solutions.
• Lead client engagements to identify and address needs through Trade & Working Capital Solutions, driving successful sales outcomes.
• Be responsible for originating new businesses and developing its own pipeline.
• Be responsible for the front-to-end deal structuring, including determining the most appropriate parameters of the deal structure.
• Seek the relevant internal commercial approvals and prepare the internal credit approval packs.
• Engage with, and address queries from the Senior Credit Risk Officer on the deal structure.
• Engage with counsel on the drafting, negotiation and execution of the legal documentation.

Benefits

• Comprehensive health benefits
• Generous 401k savings plan
• Competitive PTO
• Adoption, surrogacy, and fertility services
• Student debt assistance
• Subsidies for expenses associated with commuting and fitness

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Master's degree
• Number of Employees: 5,001-10,000 employees