Senior Account Manager - Global Credit Restructuring

Global Credit Restructuring (GCR) is globally responsible for a safe, compliant and data driven credit loss process by managing loan loss provisioning, finding solutions for clients in financial difficulty and by closing the learning loop on lessons learned. We take responsibility for finding solutions for ING’s clients in difficulty, acting as the restructuring knowledge center for ING. GCR teams have been integral to some of the most interesting and complex restructuring transactions across various sectors and geographies. We are committed to together preserve principal, maximise recovery and develop a strategy which best benefits ING Bank and its clients.

Job description

We are looking for a Senior Account Manager to join our Amsterdam based Team Wholesale Banking, which is responsible for ING’s WB client portfolio. This is a challenging opportunity for a committed professional enjoying an international working environment with minimum 8 years of transaction structuring and execution experience.  

Together with other restructuring specialists, and where possible independently, you will manage the problem loans of ING and be responsible for defining and executing strategies for clients in financial distress in order to optimise value to ING. As a part of a restructuring or recovery process, you will advise and report on appropriate loan loss provisioning in compliance with the legal and regulatory frameworks to safeguard the reputation of ING and minimise financial costs to the organisation. Where needed, you will support projects related to (regulatory) reporting on non-performing loan portfolio or other projects with relevance for GCR.

Your work environment

You will take a leading and coordinating approach during the restructuring process, with frequent client interaction. This position offers a superior learning experience as files under our responsibility have complex financing structures requiring out-of-the box thinking while safeguarding alignment within diverse syndicated lender groups and possibly various other stakeholders. Therefore, your working environment is challenging and dynamic in which you will be responsible for connecting with – and coordination between - internal and external stakeholders.

Candidate profile:​​

• Min 8 years’ experience in lending transactions structuring, negotiation and execution.

• A mindset that is positively challenged when working on multiple projects, under stress and with tight deadlines.

• Work collaboratively as well as independently in a changing environment where interests are not always aligned.

• Build and manage relationships with stakeholders, both within and outside ING.

• A practical approach, focused on problem solving and coming up with creative solutions.

• Good verbal and written communication in English, committed to understand key issues of the client in distress with an eye for detail.

• Knowledge of credit risk management processes, the ING business and organisation.

What do we offer?

√     Job grade 13, 40 hour work week.

√     Pleasant and respectful working environment in a community of engaged colleagues with a diverse background.

√     Excellent opportunity to develop your soft skills (influencing, managing stakeholders, coping with stress and uncertainty) and hard skills (knowledge on multiple sectors, restructuring / bankruptcy law in various jurisdictions).

√     Dynamic professional environment with challenging responsibility.

√     Opportunities for training on-the-job and through courses.

Interested?

Apply directly online, click on Apply for this job. Please send your CV and motivation letter. We are looking forward to your application! For further inquiries, please contact Tom van Lent at [email protected].