Associate Funds Finance
Role Description
Based in Luxembourg, as part of the Financial Institutions Group, Fund Finance (‘FF’) is responsible for the origination and execution of new lending transactions to European funds as well as the portfolio management of existing facilities. Our clients consist of unlisted private equity, debt, real estate, and infrastructure funds managed by leading financial sponsors and listed funds managed by large institutional asset management firms.
FF is a leading European funds finance team, operating from Luxembourg and London, which has experienced significant growth over the last five years. As a result, the Luxembourg team is now seeking to recruit an Associate is a newly created role. This is an exciting opportunity within Fund Finance where the successful candidate will have primary responsibilities for origination, execution and portfolio management.
Core Tasks & Material Responsibilities
Structuring
General duties relating to the origination of subscription finance and portfolio leverage (NAV-based) lending transactions
Identifying funds finance transaction opportunities and conducting general market research
Attending client meetings and industry events, and preparing marketing/research materials
Working with ING’s coverage, financial markets and other lending teams to coordinate an effective approach to client interaction
Reviewing and analysing fund documentation, structures and investment portfolios to consider lending opportunities
Completion and negotiation of term sheets, RfPs and other pitching documents
Credit
Structuring of subscription finance and portfolio leverage (NAV-based) lending transactions
Preparation of credit proposals for new and existing transactions
Working with ING Risk to seek approval for transactions and to discuss new deals
Reviewing and monitoring receipt of client reporting information
Responsibility for ensuring that limits and investor exposures are correctly booked in ING’s loan systems and reflected in other FF records on closing of new transactions
Ad-hoc tasks relating to internal audits and requests for information/analysis from Management
Execution
Reviewing, negotiating and commenting on legal documentation for FF’s transactions, including loan agreements, intercreditors, ancillary documents and ISDAs/CSAs
Liaising with both internal and external counsel to negotiate ING’s preferred policy and credit positions and obtaining appropriate legal sign-offs when required
Working with syndicate banks, both where ING is Agent or participant
Keeping up to date with ING’s legal policy requirements and general market trends
Candidate Profile
Qualification/Education

Please refer the Job description for details