Shipping Finance Associate at ING BANK NV
London, England, United Kingdom -
Full Time


Start Date

Immediate

Expiry Date

06 May, 25

Salary

0.0

Posted On

06 Feb, 25

Experience

0 year(s) or above

Remote Job

No

Telecommute

No

Sponsor Visa

No

Skills

Good communication skills

Industry

Financial Services

Description

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.
The role will be hybrid but with a requirement to be in the office a minimum of three days a week or more according to the needs of the business. You will be working with a dynamic team who have considerable experience of the shipping industry and you will be given the opportunity to learn both through on the job and formal training in order to ensure career progression.
Job Specification

Responsibilities

To support the Team’s Directors in identifying new target clients and in addition grow the business with existing clients by identifying new opportunities and idea generation. Core responsibilities to include:
Assist with the ongoing management of client relationships, identification of potential new clients and monitoring of risk.
Desk top analysis using proprietary systems, 3rd party subscription services and publicly available information.
Preparation of marketing materials, pitch books etc.
Structuring and pricing of new loan facilities and preparation of indicative term sheets for approval by senior management
Preparation of commercial proposals for submission to relevant internal approval authorities including calculation of returns using the Bank’s internal risk models.
Liaison with internal departments including Financial Markets, Capital Markets & Advisory, Transaction Services, Loan Distribution Group, Sustainability etc. to ensure full range of bank products are available to clients and returns are maximised.
Collaborate closely with the Transaction Management and Portfolio Management functions through the facility execution process and throughout the client lifecycle,
Management of the KYC requirement, ensuring timely onboarding and periodic review, in the UK and various international locations.
Where necessary contribute to internal projects to support the team’s satisfaction of both bank and regulator requirements.
You will be expected to co-operate and share best practice with the Bank’s other Shipping Finance Teams in Amsterdam, Frankfurt, New York and Singapore.
Preparation of internal and external presentations, including supporting research material.
Candidate Profile
Qualification/Education
Essential: Educated to degree level and good knowledge of accounting principles in order to be able to understand and interpret financial statements and build forward looking financial projections including P&L, balance sheet and cashflow statements
Desirable: CFA level I and upwards
Experience/Knowledge
Essential: Three to five years banking experience within a lending team.
Desirable: Knowledge of the shipping markets and a keen interest in macro economics
Personal Competencies

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