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Fund Finance, Portfolio Manager, Associate/ VP

ING
Full-time
On-site
London

ING operate a family, friendly hybrid working pattern. This role is available on a full time basis but may also be suitable for someone with solid Fund Finance Portfolio Management experience interested in working a 4 - 4.5 day week. Department Overview: The Sectors Portfolio Management (PM) team aims to be the ‘center of excellence’ for the in-life management of ING’s lending exposures to multiple sectors. It is a front office team that covers all activities post the initial funding to the final repayment of a lending transaction. The Sectors PM team monitors the performance of all sector-driven lending transactions in the UK and respond to requests from the client including facility extensions, amendments and waivers (plus other ad hoc requests). The position involves contact with clients, other banks, legal advisors and frequent cooperation with internal departments such as Sector Origination, Transaction Management, Credit Risk Management, Legal and Deal Execution. The Sectors PM team is looking to hire a portfolio management associate or VP specializing in Funds Finance but you will also be exposed to and expected to work with other sectors in which ING London specializes. Candidate Profile Qualification/Education Essential: Degree level education Experience/Knowledge Essential: Minimum 3 years of Funds finance experience Strong financial and credit analysis capabilities Strong financial modelling capabilities Proficient in MS Excel, Word and Powerpoint Main Duties and Responsibilities of Role: You will manage a portfolio of Funds Finance transactions across capital call and NAV finance working closely with senior colleagues and other stakeholders. In line with the Bank’s policies and objectives, you will provide file analysis and monitoring (including periodic covenant management, identification and resolution of early warning signals and risk rating reviews) and will be responsible for delivering high quality reviews of the Borrowers in your portfolio. This will include, but is not limited to, market updates on the client and sector it operates, performance updates received from the client, ESG analysis and review of financial information/models. For credit modifications (amendments/waivers) or refinancings within your portfolio, you will work alongside senior colleagues to deliver these in line with internal credit risk timeframes and client deadlines. This may also involve reviewing legal documentation for accuracy, internal compliance and commercial risk mitigation, alongside ING’s in-house legal teams. Other responsibilities will include portfolio initiatives such as external ratings, or other portfolio risk management tools. Deliver reports required by colleagues in credit risk management, internal / external auditors as well as the Bank’s regulators. As a front office department, PM collaborates closely with origination colleagues and product specialists to ensure a seamless client experience. Maintain relationships and liaise with internal functions such as Credit Risk, Operations and where necessary Global Credit Restructuring. Responsible for the acceptance of new transactions into your portfolio and management of offboarding or handover of files when appropriate Updating the database which houses data of the LPs which ING Fund finance lend to in an accurate and timely manner. Participate in discussions with borrowers, advisors and facility agents, where necessary and appropriate Personal Competencies Ability to thrive in a fast-paced environment with multiple competing priorities and tight deadlines Excellent presentation and communication skills Committed and entrepreneurial individual who is prepared to learn about new industry sectors Understanding of risks and ability to assess potential mitigants General knowledge of legal documentation and transaction structuring Self-motivated, positive attitude and professional demeanour ING’s purpose is ‘Empowering people to stay a step ahead in life and in business’. Every ING colleague is given the opportunity to contribute to that vision. We champion self-reliance and foster a collaborative and innovative culture. The Orange Code is our global manifesto for how we stay true to our purpose and our tradition of reinvention and empowerment. It is made up of ING Values (we are honest; we are prudent; we are responsible) and ING Behaviours: (you take it on and make it happen; you help others to be successful; you are always a step ahead) For us, success will only be achieved if we act with Integrity. Some companies see diversity as a box to be ticked. We see it as fundamental to our success and we encourage a proper work/life balance. At ING, you will be judged on your performance in line with the Orange Code. And that’s a promise. We’re a global bank with a strong European base, and our more than 60,000 colleagues serve around 38 million customers and corporate clients in over 40 countries. Joining ING means working with friendly and collaborative people towards making a positive impact on people and planet. We believe in empowering the people around us and our customers to stay a step ahead. Working here means having the autonomy to drive progress, helping to create superior customer value and contributing to our ambition of putting sustainability at the heart of everything we do. Here, we’re more than just a workplace – we’re a community of innovators, problem-solvers, and forward-thinkers, dedicated to making a real impact. Whether you’re just starting your career or seeking the next big challenge, we have opportunities that will inspire and push you to grow. Your future at ING starts with one application. Ready to join? We’ve got plenty of opportunities to match your skills and aspirations! Use the filters below the search bar – like location and job type – to help you find the perfect fit. Start exploring now and discover where your next career move could take you!

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