Acquisition Finance - Director

Capital Markets & Advisory | Acquisition Finance | Director | New York City

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:

Director in Acquisition Finance (AF) Coverage, Americas focused on winning business with leveraged corporate and sponsor clients

Responsibilities for US based AF team provide leveraged finance origination and execution expertise, including comprehensive review of capital structure public and private clients

Actively contributes to the development and implementation of the overall Acquisition Finance and Capital Markets and Advisory (CMA) business and ING business principles, including ING's Orange Code

About the department:

The Acquisition Finance Coverage team has primary responsibility for the origination and execution of leveraged finance transactions, including LBO financing for US-based acquisition targets and other corporate or private equity related transactions

It acts as the key liaison partner for sponsor capital markets teams and, in close cooperation with the Financial Sponsor Group, has coverage responsibilities for ING Americas’ priority private equity sponsors

The team also works with the Sector organization on acquisition and leveraged capital markets activities in the corporate arena. This team is focused on becoming a trusted advisor to drive leveraged capital markets deal flow (including our sustainability agenda) to ING

Responsibilities :

Strengthen and deepen relationships with private equity sponsors and leveraged corporates

Win leveraged finance mandates and cross-sells ING products

Work closely with other CMA teams, the Sector organization and other product groups to optimize idea generation and deliver value-added service to our priority clients

Maintain market relevance – keep up to date on market developments to ensure ING is competitively positioned

Work with Loan Capital Markets, High Yield Capital Markets, Financial Markets, and Transaction Advisory & Approval to ensure proper mitigation of market and credit risk for all transactions

Direct the execution and closing of new LBO financings booked in Acquisition Finance Americas - this includes all pre-closing processes: greenlight committees, credit approvals, legal documentation and sell down to approved hold targets

Coordinate with the Acquisition Finance Asset Management team on private equity owned borrowers within the portfolio for ongoing risk management and client coverage

Mentor, guide, and help train junior team in leveraged finance activities

Ensure compliance with all internal policies and procedures

Qualifications and Competencies

• 5-10 years of experience as senior leveraged finance banker with deep relationship management experience
• Existing network of senior level relationships at leveraged corporates and private equity firms
• Good understanding of the US legal and regulatory environment
• Expertise in the US capital markets including HY and leveraged loan syndications
• Proven track record in large leveraged finance transactions
• Advanced credit and Bloomberg skills. Advanced non-financial risk skills

Undergraduate degree, MBA preferred

Competencies:

Demonstrated origination and pitching skills

Customer focus; strong business acumen

Highly effective team player

Solid analytical and judgment skills

Base Salary Range: $275K - $325K

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 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 and services.