Transaction Services | Working Capital Solutions | Associate | New York CityResponsibilities:The role is based out of New York and reports to the Head of Working Capital Solutions for the U.S. On a day-to-day basis, the individual will work closely with the Deal Principals supporting their sales activities in the region. The candidate will provide support in the following areas:
- Marketing: contribute to product development initiatives, identify new sales opportunities, prepare client pitch presentations, working capital analysis.
- Deal Structuring: draft Term Sheets, propose / assess transaction features, engage as appropriate with relevant stakeholders.
- Pricing Approval: Run pricing and internal capital consumption model.
- Credit Approval: Prepare internal credit approval package, together with the Deal Principals, manage interactions with the relevant internal stakeholders including Coverage, Risk, Operations, etc.
- Execution: focusing on simple to more complex transactions from credit approval to closing, support the Deal Principals in all transaction execution steps including negotiation of legal documentation, interaction with distribution / insurance teams, coordination with operations teams on closing.
- Client Interaction: the role will involve interacting with clients throughout the process.
Flexibility / EfficiencyThe role requires a high level of coordination with various internal stakeholders, both locally as well as internationally. The Analyst | Associate will be fully involved in ensuring smooth and efficient coordination throughout the network.
Qualifications and Competencies- Understanding of Trade Finance and Working Capital Solutions products for clients operating globally, across multiple sectors.
- 3+ years of experience in the Trade Finance / Working Capital Solutions space or prior experience in a Credit Analyst role.
- BA/BS in Business Administration, Economics, Finance, Accounting or similar field.
- Strong financial and credit analysis capabilities.
- Strong written and interpersonal communications skills.
- Self-starter, can-do mindset, able to work without direction.
- Team player.
- Good Microsoft Office (Word, Excel, PowerPoint) skills.
Salary Range $120,000-$175,000
The salary range listed reflects base salary only. This role is eligible for participation in a discretionary bonus program.
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 commuting and fitness.
