Director, Senior Credit Officer

Transaction Approval & Control | Director, Senior Credit Officer, Americas | New York

About ING:

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 offe

r.
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 consider

ed.
Sound like the kind of place you’d feel at home? We’d love to hear from

you.
About the posit

ion: Transaction Approval & Control (TA&C) New York is looking to support Front Office business growth ambitions by hiring a Senior Credit Officer (SCO) who will: be responsible for (1) executing client transactions from origination to closing and (2) managing the credit risk of an assigned client portfolio. The SCO, who is the primary point of contact for front office for her/his/they portfolio, exhibits deep specialized knowledge on the relevant sectors, markets and/or products. and safeguards the risk appetite of the bank in balance with a sound commercial sense. This person will work with various business units with primary responsibility for the Transportation & Logistics portfolio covering the automotive, railroads, shipping, containers subsectors. This is a second line of defense Director level position that will report to the Head of TA&C – New

York.
About the depar

tment:TA&A based in New York City acts as the credit risk management group and second line of defense is support of the corporate lending business at ING Capital LLC which is the wholesale lending arm for ING Bank in the Americas. TA&A is responsible for the analysis, advice and decision making of tailored (lending) transactions for key WB Sector and Lending clients and supporting these clients in their success whilst safeguarding the risk appetite of the bank. The risk managers (SCOs and risk officers) have a deep understanding of credit structuring, credit risk and businesses & markets, next to the assessment of related risks like ESG, compliance and climate risk. In addition to the asset-by-asset approval process, the SCOs manage their portfolios and advice senior management on the strategic direction in terms of risk appetite and portfolio steering in sectors and products. TA&A teams are also engaged in strategic projects covering sector analysis, risk appetite direction, Leveraged Transactions, reporting, climate change and a wide range of other related initiatives covering the wider credit strategy o

f ING.
Responsibi

• lities:Conduct and facilitate credit exposure approval and associated decision-making processes, in line with relevant credit policies and procedures, and within the stated risk appetite stat
• ements.Advise and support the credit decision process for individual credit transactions and relevant credit portfolios, within the boundaries of established risk appetite statements, and in line with applicable credit risk po
• licies.Monitor and report on relevant transactions, obligors and port
• folios.Direct Quarterly Portfolio Review and Watchlist meetings and
• reportsComplete Risk Ratings in accordance with ING policy and in a timely manner to help assure the portfolio loan loss provision (LLP) is calculated accu
• rately.Complete Regulatory Risk Ratings in accordance with ING policy and regulatory expectations in a timely f
• ashion.Identify industry trends or news events that affect portfolio risk, using this to adjust as necessary Watchlist, Risk Rating or LLP adjus
• tments.Actively provide input and/or develop relevant credit risk po
• licies.Align ING New York credit policies and procedures with global frameworks as applicable for approval and monitoring of credit ex
• posure.Support ING’s Sustainability and Climate Change amb
• itions.Work with Front Office teams and Credit Administration staff to manage the credit risk of a designated por

tfolio.Stakeholder Manag

• ement: Develop and maintain relationships with (senior) management and other relevant internal and/or external stakeh
• olders.Advise, align and coordinate credit risk appetite with Global SCO for T&L
• sector.Coordinate with audit staff, including external audit, Corporate Audit Services, SOX, as well as DNB and ECB acti
• vities.Educate and mentor colleagues ranging from junior account managers to senior b

ankers.
Qualifications and Comp

etenciesRequi

• rements:8 years’ experience within Wholesale Banking, which may include front office and support roles providing exposure to credit risk managemen
• t dutiesAmple experience in originating and executing Transportation and Logistics transactions within the United States and Americas
• marketsKnowledge of asset-based lending (ABL) and IG corporate st
• ructuresExcellent credit analysi
• s skillsBachelor’s degree or equivalent in Finance, Economics, Law or a closely relat
• ed fieldExcellent knowledge of relevant credit risk management processes, systems and
• conceptsExcellent knowledge and following of regulatory process affecting lending, capital requirements and compliance
• mattersWorking knowledge of counterparty and market risk and non-financ
• ial riskWorking knowledge of financial markets products including interest rate, commodity and FX derivative products, ISDA terms and neg

otiationCompe

• tencies:Logical and well-reasoned level of
• thinkingExcellent communication skills, and fluent in
• EnglishPersuasion and engagement by persona
• l impactAble to manage processes from a risk management per
• spectiveHas a strategic view on relevant risk drivers and mitigation, and is recognized by relevant counterparts as an authority within field(s) of e

xpertise
Salary range: $200,000

-$273,000
The salary range listed reflects base salary only. This role is eligible for participation in a discretionary bonus

program.
In addition to comprehensive health benefits, a generous 401k savings plan, and competitive PTO, ING provides a broad array of benefits including adoption, surrogacy, and fertility services; student debt assistance; and subsidies for expenses associated with commuting a

nd fitness.
ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to race, gender, religion, national origin, citizenship, disability, age, sexual orientation, or any other characteristic protected by law. We celebrate these differences and rely upon your unique perspective to innovate and seize new opportunities. Come

as you are.
ING Bank does not have a commercial banking license in the U.S. and therefore not permitted to conduct a commercial banking business in the U.S. Through its wholly owned subsidiary ING Financial Services LLC, and its affiliates, it offers a full array of wholesale products such as commercial lending and a full range of FM products