Directors, Transaction Approval and Advice Management
$212,000–$273,000 year
On-siteNew York City, New York, United States
Job Summary
Directors, Transaction Approval and Advice Management at ING Financial Services, LLC in New York, NY. Serve as Local Risk Manager for Trade & Commodity Finance and Senior Credit Officer for Telecom, Media and Technology, providing independent credit-risk oversight for complex structured-lending transactions. Apply mandate authority to review, advise, and approve transactions including borrowing-base, pre-export, repo, and inventory finance facilities—ensuring compliance with ING’s global credit-policy framework, U.S. regulatory standards, and established risk-appetite statements. Coordinate with Front Office, Deal Administration, and internal control functions to evaluate credit quality, collateral adequacy, and exposure limits. Interpret and implement group risk policies issued from Amsterdam, aligning regional practices with ECB/DNB oversight and US governance requirements (SOx, Audit). Direct quarterly portfolio review and watch-list processes, complete risk ratings, monitor emerging credit or market risks, and mentor junior relationship managers and analysts on risk policy and structured-finance principles. Represent Risk in cross-functional committees, contributing to development of sector-specific risk-appetite and credit-guideline frameworks for the Americas franchise.
Required Qualifications
- Bachelor’s degree or foreign equivalent in any field
- 7 years of risk management experience in Wholesale Banking
- minimum 5 years of experience as a Risk Manager (credit risk management)
- experience with credit risk management processes, systems and concepts
- experience originating and executing complex lending transactions in various sectors (domestic US and international)
- familiarity with regulatory processes affecting lending, capital requirements and compliance matters
- experience with counterparty and market risk and non-financial risk
- knowledge of financial markets products including interest rate, commodity and FX derivatives (ISDA terms and negotiation)
- experience coordinating with internal departments and external parties (clients, banks, advisors, audit)
- overall risk management responsibility for lending, financial markets, operations, compliance and market risk
- development of risk appetite for portfolio and credit guidelines
- ability to assess credit quality and borrower performance across portfolios
- ability to contribute to risk procedures, risk models and monitoring
- strong communication with Front Office account managers, Deal Principals and senior management on credit risk
- supporting documentation and booking of transactions in line with credit approval
- aligning local practices with global credit-policy framework and governance requirements
Hiring someone like this?
Get your role in front of qualified candidates on Sorce.