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About the Role
This role sits within ING’s Sector Based & Specialized Lending (“SB&SL”) Front Office and forms part of the newly established Deal Implementation Team. The Loan Administration Analyst will support live lending transactions from credit approval through closing, booking and completion of post-closing requirements. The position offers an entry point into corporate lending for early-career candidates.
Responsibilities
- Support the closing, booking and post-closing implementation of lending transactions across SB&SL and sector coverage including Project Finance, Export Finance, Asset-Based Lending, and Financial Institutions.
- Maintain the lending pipeline and deal trackers, including transaction status, anticipated closing dates and outstanding requirements.
- Coordinate with lending structurers, sector bankers, Risk, Legal, Loan Closing, Agency and other internal stakeholders.
- Obtain and organize closing materials, supporting documentation and final closing sets.
- Track closing conditions, signatory requirements, due diligence items, waivers and other outstanding actions.
- Prepare required closing and agency packages and complete initial reviews of booking and control forms.
- Support the accurate booking and activation of lending transactions in internal systems.
- Complete post-closing activities, including covenant registration, transaction database updates and handover materials.
- Maintain complete, accurate and audit-ready transaction records.
- Identify opportunities to improve processes, strengthen controls and increase execution efficiency.
Requirements
- Proactive and willing to take ownership of assigned responsibilities.
- Excellent attention to detail, accuracy and follow-through.
- Strong organizational skills and ability to manage multiple transactions, priorities and deadlines.
- Relevant internship or work experience in banking, credit, accounting, legal services / documentation or financial services preferred.
- 2+ years of middle office experience within banking preferred.
- Demonstrated interest in corporate banking, lending, credit or deal execution.
- Strong written and oral communication skills.
- Committed and collaborative team player with high standards for quality and timeliness.
- Proficiency in Microsoft Office, particularly Excel, Word and PowerPoint.
- Candidates may be asked to complete an Excel or analytical assessment.
- Candidates may be asked to provide references.
Skills
- Microsoft Office
- Excel
- Word
- PowerPoint
Location
- NYC
Work Type
- Hybrid
Experience Level
- Early-career
- 2+ years of middle office experience within banking preferred
Salary/Compensations
- $85,000-$107,000
Benefits
- Discretionary bonus program
- Comprehensive health benefits
- Generous 401k savings plan
- Competitive PTO
- Adoption, surrogacy, and fertility services
- Student debt assistance
- Subsidies for expenses associated with commuting and fitness
About the Company
- In the Americas, ING’s Wholesale Banking division offers a broad range of innovative financial products and services to domestic and international corporate and institutional clients.
- ING Americas follows a hybrid work model, allowing for in-office / work from home flexibility. Hybrid work arrangements vary based on business area.
- 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.
Equal Opportunity
- 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.