What are the responsibilities and job description for the Asset Management Consulting Manager or Senior Manager position at Weaver?
Status : Full-time
About ING :
ING's purpose is 'Empowering people to stay a step ahead in life and in business'. Every ING colleague contributes to that vision. We champion self-reliance and foster a collaborative and innovative culture. The Orange Code is our global manifesto for how we stay true to our purpose and our tradition of reinvention and empowerment. It is made up of ING Values (we are honest; we are prudent; we are responsible) and ING Behaviors : (you take it on and make it happen; you help others to be successful; you are always a step ahead).
For us, success will only be achieved if we act with Integrity.
Some companies see diversity as a box to be ticked. We see it as fundamental to our success and we encourage a proper work / life balance. At ING, you will be judged on your performance in line with the Orange Code. And that's a promise.
The Opportunity :
This role is a member of a team that comprises the critical portfolio management and reporting foundation of all lending origination and underwriting activity.
As an Analyst in this team your primary responsibility will be the ongoing management of the Asset-Based loan portfolio, with an emphasis on credit monitoring, analytics and internal reporting.
Main Duties and Responsibilities of Role :
- Support the Team Lead in preparing and supporting all facets of the daily operations of the portfolio, including but not limited to :
- Prepare and submit quarterly and annual credit reviews / packages;
- Review and compare financial performance to budget, evaluate financial projections and remodel forecast (as needed);
- Compile and participate in quarterly Credit Risk Management ("CRM") portfolio reviews;
- Assist in the execution and preparation of amendment and waiver requests, aid in writing credit modifications, submit to risk and address Q&A, and follow-up on the required legal documentation;
- Assess and track compliance of borrowing bases, collateral, liquidity / availability, covenants and other reporting items (UCC filings, insurance, in line with the bank's policy and procedures);
- Perform and review risk ratings for borrowers;
- Prepare quarterly memorandums for challenging / underperforming credits;
- Prepare and maintain reports as requested by regulators, rating agencies and other external parties;
- Maintain various department and industry databases / trackers;
- Maintain internal portfolio tracking metrics;
- Respond to ad hoc internal requests on portfolio composition and exposure;
- Coordinate and work with offshore portfolio support teams;
- Research industry sectors and work with industry coverage colleagues to prepare updates.
- Assume key role in handling internal system processing (Vantage) including GRID, FINAN, TSC, Risk Rater.
- Monitor and identify market developments and proactively manage their potential impacts on the portfolio.
- Coordinate timely and accurate response to internal and external regulatory controls and audits by providing the required insights, reports and samples and by participating in the dialogue if so requested.
- Stay up-to-date on organizational operating policies and procedures (Risk, Legal) to ensure appropriate protocols are implemented and followed, and facilitate accordingly.
- Coordinate with KYC / CDD team.
- Assist the team in the execution of new transactions, amendments and refinancings on an as-needed basis.
- Participate in discussions with borrowers, private equity firms, and / or agents of syndicated credit facilities.
Profile :
Qualifications / Education :
BA / BS in finance / economics / accounting / management / engineering (or similar); CFA a plus.
Experience / Knowledge :
Other :
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