VP / Director Working Capital Solutions - Receivables

VP / Director - Working Capital Solutions - Structuring

Permanent employment contract , full time, GJA17 or 18, Brussels - Belgium

Your role & work environment

Are you looking for…

A challenging professional environment within ING Wholesale Banking, in a growing business serving wholesale banking clients in an international environment. A solid experience in a complex and varied position which will broaden career possibilities for a high achiever.

Are you also someone who is…

• critically minded, with strong analytical and problem solving skills with an eye for detail
• able to balance commercial drive and risk awareness
• hands-on, a hard worker who is stress resilient
• keen to learn and strives for challenge
• able to work autonomously and on several projects simultaneously
• a good communicator, team player and client oriented
  
  

… then you could be our new VP / Director within Working Capital Solutions.

Your work environment at ING…

ING is a leading bank that provides its customers with a wide range of financial products and services via the distribution channel of their choice (click and face). ING’s global reach spans over 40 countries including 18 in Asia, where we serve wholesale banking clients through our network of branches and representative offices. ING Belgium is, as the first universal direct bank, a strong player on the Belgian market. The bank provides its customers with a wide range of financial products and services via the distribution channel of their choice (click and face). Customers of ING Belgium are as well retail and private banking clients, as well as small, medium and large enterprises.

Trade Advisory & Structuring covers Trade Finance Services (TFS) and Working Capital Solutions (WCS); both are focused on wholesale banking clients with the Transaction Services industry. TFS originates, structures and manages both funded and unfunded traditional trade products. WCS originates, structures and manages (complex) working capital financing solutions (receivables and payables based). We work through our dedicated Trade teams based in the Netherlands, Belgium, Poland, Romania, Singapore and New York, etc. Transaction processing is typically performed through our central teams based in Amsterdam and Brussels with strong support by the regional teams.

Your Key Responsibilities

• Take the role of Deal Principal for large and complex receivables finance transactions. This goes from single buyer structures into pool structures.
• Analyse client needs, identify opportunities and work out proposals for trade receivables purchase transactions with various options (line by line approach, portfolio approach, ABCP trade receivables securitisations) as well as IFRS off-balance sheet Inventory solutions.
• Lead client meetings and pitches, manage leads with potential clients and build up a trust relationship with clients
• Be the main client interface and coordinate the liaison with the internal and external parties involved in the transactions
• Elaborate and supervise detailed financial analyses of trade receivables portfolios and cash flow models in connection with the credit approval process
• Act as technical expert, supervise and take responsibility of the transaction structuring process, negotiate the deal terms and coordinate the execution of the transactions
• Coordinate the drafting of the legal documentation
• Craft commercial presentations aimed at explaining the product to internal and external clients
• Coach more junior team members
• Keep the business safe and compliant. Think along on how to improve our processes from a compliance perspective.
  
  

We look for

A colleague with a talent for taking it on and making it happen, enthusiasm for helping others to be successful and a knack for always being a step ahead. In other words, you strive to bring fresh ideas to life and embrace challenges in a fast changing and complex environment. You are a naturally collaborative person who listens and invests in others to achieve common goals. You love to challenge the status quo and are eager to propose creative solutions to problems.

As a VP / Director You Will Also Need

• a relevant experience of more than 6-8 years within either securitisation, structured finance, Wholesale Banking product, Wholesale Banking sales position or in Risk Management
• a proven track record within trade finance, open account trade and / or securitisation (is strongly preferred)
• a thorough understanding of credit risk and deal structuring/-execution
• excellent oral and written skills in English
• an academic degree in economics, management, law, engineering or equivalent
  
  

We offer you

A clear purpose, a unique offer and a range of flexible compensation and other benefits:

• Personal growth & challenging work with endless opportunities to realise your ambitions
• An informal, dynamic environment with innovative colleagues supporting your endeavours
• A progressive and agile way of working, where new ideas are valued ahead of convention
  
  

Furthermore, Within The Working Capital Solutions Department, You Can Count On a Range Of Opportunities To Invest In Your Personal And Professional Growth With

• challenging transactions & a steep learning curve
• getting to understand trade solutions from a wider perspective
• partnering and learning from various fintechs operating within the trade space
  
  

We are committed to the principle of equal opportunity in employment. The Company is opposed to any form of less favourable treatment, whether through unfair, inconsistent direct or indirect discrimination, accorded to employees and applicants for employment on the grounds of sex, sexual orientation, marital or parental status, disability, race, religion or belief, age, creed, colour, nationality, ethnic or national origin.

, ING Bank