Associate, Healthcare Coverage

Healthcare | Healthcare Associate | NYC

About ING: 

Crain’s 100 Best Places to Work

Ragan’s Top Places to Work in 2023

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, sector expertise and sustainability leadership, 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 Healthcare (“HC”) team is part of ING’s Telecom Media Technology (“TMT”) & Healthcare Sector Coverage. We focus on supporting our clients in the Americas region in two distinct ways: 1) origination and cross-sell efforts of ING products and network, for all clients (primarily Investment Grade); (2) fee generating lead-lending business primarily for cross-over ratings. This role’s primary focus will pertain coverage and cross-selling ING’s many product solutions in the healthcare space (Pharma & Outsourced Services, Medical Devices & Diagnostics, Distributors). There is also an opportunity to support coverage and lead-lending opportunities withing the broader TMT & HC cluster, where appropriate.

 

Responsibilities :

New Deal Origination/Execution Support:Support MDs, Directors and VPs in the HC Team in the coverage, origination, and cross-selling of ING products and solutions, with an emphasis on the North American Healthcare space. Responsibilities include but are not limited to onboarding of clients/ borrowers,  industry & market analysis, preparing pitches and presentations for new opportunities related to debt capital markets, financial markets, transaction services, capital structuring, greenlight memos, credit and written summaries for new lending transactions (jointly with our Transaction Management Lending team), participation in the credit application process, and assisting in the maintenance of industry and market intelligence databases.

Requisite Skill Set:

Strong academic track record with Undergraduate or Masters from accredited university or college

Strong credit analysis background, basic knowledge of credit structuring preferred

Strong written and oral communication skills.

Must be highly detail-oriented and accurate

Must be able to manage multiple projects simultaneously and meet tight deadlines

Proficiency in MS Office (Excel, Word, PowerPoint): Excel and Powerpoint skills are most relevant

Fundamental understanding of GAAP accounting principles and comfort with core financial statements (Income Statement, Cash Flow Statement and Balance Sheet)

Fundamental understanding of key financial markets and products

Team Player, self-motivated and proactive

Qualifications and Competencies

Education: Bachelor’s Degree in Accounting, Finance, Economics, Engineering or Math

Experience: minimum of 4 years of relevant coverage and/or credit experience, ideally in the North American Healthcare market

Microsoft Excel, PowerPoint, Word

Series 79/63 preferred but not required

Salary: $130,000 - $165,000

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.