Renewables & Power | Energy | Director | New York
About ING:
Ranked #8 on LinkedIn Top Companies in Financial Services
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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:
The position is within the America’s Energy - R&P team, which is leading and arranging debt financings in the power industry. This position is for an experienced senior originator of lending and advisory mandates for existing and new R&P clients primarily active in the US power markets.
Responsibilities :
Lead the origination for R&P Project Financings and Advisory mandates with existing and new clients active primarily in the US;Client coverage in collaboration with other ING product teams (e.g. Financial Markets, DCM, Capital Markets & Advisory, Corporate Finance) to maximize client cross-buy opportunities and total client return, including prepare pitches and support strategy discussions with existing and new R&P clients to position ING for lead mandates;Involvement in all stages of the financing process, with a primary focus on client relationship management, origination, structuring and advising functions;Be the deal captain in the deal team with ultimate responsibility over deal execution (in collaboration with the Transaction Management team) and obtaining credit and management approvals. The deal captain will present greenlight memos in commercial committees, perform due diligence, oversee credit applications and ancillary documents, review and/or negotiate financing documents and material project agreements with the client, and lead discussions with Credit Risk and senior management;Assist in the hand-off of transactions to the Portfolio Management team and coordinate with them on material amendments, waivers and consents on transactions and provide input and support where and as needed;Contribute to credit, industry & market analysis and be a senior ING representative during industry events.Qualifications and Competencies
Bachelor’s Degree in Finance, Economics, Accounting, Engineering or Mathematics. 10+ years of relevant project finance origination and execution experience in the Renewable and Power (R&P) Project Finance industrySeries 79 & 63 Required or commitment to obtaining within 6 months of joining.Excellent presentation, communication, and negotiation skills;Committed and dedicated team player, high quality/quantity producer;In-depth knowledge of the R&P Project Finance industry, preferably with established contacts and strong deal track record;Strong familiarity with prevalent R&P project financing structures, tax equity structures and trends;Strong financial and credit analysis and modeling capabilities; Ability to manage, motivate and mentor junior staff members;Deal Credentials including bank and individual role and responsibilitiesReferencesSalary Range: $250,000-$300,000
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 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.