Associate, Acquisition Finance Sponsor Coverage

Capital Markets & Advisory | Acquisition Finance – Sponsor Coverage| Associate | New York (Hybrid)

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 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. 

 
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.

Sound like the kind of place you’d feel at home? We’d love to hear from you.

About the position:

ING’s Acquisition Finance Sponsor Coverage group in the Americas is seeking an Associate. This position is an opportunity to execute sponsor-backed leveraged lending transactions, typically leveraged buyouts, refinancings, and dividend recapitalizations. You will work closely with senior bankers and gain credit experience across a variety of industries and deals, including clubbed and broadly syndicated loans. You will perform a range of activities which include idea generation, pitching, structuring, credit analysis, modeling, authoring credit memos, legal documentation review, and managing closing processes for new transactions. The position requires a self-starter who can take the initiative to work independently and collaboratively in a dynamic team setting.

About the department:

Acquisition Finance is a global platform within ING’s Capital Markets & Advisory (CM&A) platform that provides advice and financing to leveraged issuers backed by a range of top-tier private equity sponsors. The team works to support private equity sponsors across ING’s global footprint and is considered experts within the leveraged lending field and a pillar of ING’s capital velocity strategy.

Responsibilities:

• Engage in all aspects of originating leveraged finance transactions including underwriting, arranging and lending
• Author screening memos and credit approval packages reflecting due diligence, financial analysis, and credit documentation review
• Complete LBO models, comparable company / precedent transaction analyses, rating assessments and return analysis
• Contribute to the team’s idea generation pipeline and deal sourcing efforts, including screening the portfolio for potential transactions and pursuing possible new deals from market intelligence
• Assemble client marketing materials and internal presentations as needed
• Collaborate with a variety of other teams, ranging from CM&A partners (e.g. Capital Markets, M&A) and sector teams to specific departments (e.g., Risk, Legal) as well as Acquisition Finance colleagues across the globe
• Oversee and coordinate with Analyst(s) on deal teams

Qualifications and competencies:

• A Bachelor’s or Master's Degree in Finance, Accounting, Business, Economics, Mathematics or related quantitative field.  MBA is a plus
• 2-4 years of relevant experience
• Leveraged finance background not required but a plus
• Strong understanding of GAAP accounting principles and financial statements
• Proficiency in MS Office (Excel, PowerPoint, Word)
• Progress towards a CFA is a plus
• Credit training is a positive
• Strong written and verbal communication skills
• You are a driven individual with ability to work under limited direct supervision
• You are a standout colleague and an exceptional teammate
• You are highly detail oriented and able to handle several projects at a time in a fast-paced environment

Salary Range: $140,00 - $170,000

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 color, 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.