CM&A | Acquisition Finance – Sponsor Coverage | VP | NYC

About ING:

Ranked #8 on LinkedIn Top Companies in Financial Services

Crain’s 100 Best Places to Work

Ragan’s Top Places to Work in 2023

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 offer.

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 considered. ING Americas follows a hybrid work model, allowing for in-office / work from home flexibility. Hybrid work arrangements vary based on business area.

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

About the position:

ING’s Acquisition Finance group in the Americas is seeking a Vice President. This position is an opportunity to assist in new business origination efforts and execute sponsor-backed leveraged finance transactions, including leveraged buyouts, refinancings, and dividend recapitalizations. You will collaborate with senior bankers to source and originate new business opportunities as well as oversee a variety of deals, including direct club deals and broadly syndicated loans. You will perform a range of activities which include idea generation, pitching, structuring, credit analysis, authoring credit memos, legal documentation review, and overseeing closing processes for new transactions. This position requires motivation to seek out the next deal idea and take initiative to bring it to fruition. The role will also require leadership in deal execution, managing junior bankers and running a deal process from origination to full credit approval & closing.

About the department:

Acquisition Finance is a global platform within ING’s Capital Markets & Advisory (CMA) platform that provides advice, underwritten financing, and lending to leveraged issuers backed by a range of top-tier private equity sponsors. The team works to support private equity sponsors by providing across ING’s global footprint and is considered experts within the leveraged lending field and a pillar of ING’s capital velocity strategy.

Responsibilities:

You will assume the role of a mid-senior banker on the team and perform aspects of originating and executing leveraged finance transactions while mentoring, leading, and training the junior bankers.

Contribute to the team’s idea generation pipeline and deal sourcing efforts, including screening the portfolio for potential transactions, identifying prospects for opportunistic refinancings and repricings, and pursuing possible new deals and LBOs from market intelligence

Pursue idea validity and assemble pitch materials to use in client presentations alongside senior bankers and relationship managers

Manage and oversee Associate(s) and Analyst(s) on transaction deal teams and internal tasks

Author screening memos and credit approval packages reflecting due diligence, financial analysis, and credit documentation review

Perform and review credit analysis completed by junior bankers for correctness, including: LBO models, comparable company / precedent transaction analyses, rating assessments and return analysis

Collaborate with a variety of other teams, ranging from CMA partners (e.g. Capital Markets, M&A), industry groups, and execution specific departments (e.g., Risk, Legal) as well as Acquisition Finance colleagues across the globe

Qualifications and competencies:

A Bachelor’s or Master's Degree in Finance, Accounting, Business, Economics, Mathematics or related quantitative field. An advanced degree (i.e. MBA) and/or CFA is a plus

5-8 years of relevant experience

Previous background in leveraged finance and a solid understanding of various debt products

Background in an origination role with a corporate bank, investment bank, direct lender or advisory firm is a plus

Advanced understanding of transaction structuring and legal documentation

Strong credit skills and understanding of how to analyze risk

Strong presentation skills in front of clients and internal stakeholders

Ability to collaborate with other groups inside and outside CMA

Strong understanding of GAAP accounting principles and financial statements

Proficiency in MS Office (Excel, PowerPoint, Word)

Strong written and verbal communication skills

You are a driven individual with ability to work under limited direct supervision

You are a standout colleague and an exceptional teammate

You are highly detail oriented and able to handle several projects at a time in a fast-paced environment

Salary Range $230,000-$270,000

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 working from home, commuting, and fitness.

ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to color, 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 and services.