Finance and Economics Management & Business Others
1 - 2 Years
Lending Deal Execution Officer
We are looking for a Deal Execution Officer (location Amsterdam)
Lending Deal Execution is responsible to fully understand complex loan documentation and capture the agreements in our systems ensuring limits, collateral and financial covenants are captured correctly.
Lending Deal Execution is part of ING’s global COO Lending organisation. And is responsible for a wide range of mid-office Wholesale Lending related activities. These include bilateral- and syndicated credit facilities between Domestic and/or Foreign Clients and ING during the entire life-cycle of such credit facility.
Deal Execution advises on operational feasibility, execution and monitoring of such credit agreements in the Wholesale Lending applications according to the legally agreed terms and conditions and applicable Bank’s and regulatory standards.
At our Amsterdam office, we have six Deal Execution teams who use Agile and Lean methodologies to further improve the client experience, the way we work and how we collaborate. Our purpose is to be best in class in Lending Deal Execution services and meet agreed Service Levels with our Customers by collaborating within and across departments and teams and a drive to improve processes. Teams are motivated and supported to become more and more autonomous and self-organising. Diversity and Inclusion is important to us.
Actively contributing to a positive atmosphere and workplace.
Linking pin between Front Office, Risk Management, Finance and the Back Office.
First point of contact for the external client with regard to operational questions.
Advise on operational structure during Deal set-up.
Safekeeping original documentation.
Legal Documentation will serve as input document to capture/maintain the Deal, Limits, collateral and financial covenants in Loan IQ.
Checking Conditions precedent of new Deals and approving all client requests that will increase credit risk before it is being processed by the Back Office.
Deal Execution is responsible to transform each complex Deal or problem into a standard product in order to instruct the Deal Administration what has to be processed.
Handling of waivers and amendments, in-life (administrative) management of Deals
Who are we looking for
(Deep) Understanding of complex Lending Structures
Positive attitude towards Agile and/or Lean
Experience with our application LOANIQ is a plus
What we offer
A job from 32 to 40 hours and a unique offer that fits in with the times of today. We take into account your home situation and your ambitions and help you to balance work and private life. Discover yourself our employment conditions.
To give you an idea, we will tell you about the benefits of working at ING:
A salary tailored to your qualities and experience
Flexible working hours and the possibility to work at home
Reimbursement for travel expenses
13th month salary
Individual Savings Contribution (BIS), 3.5% of your gross annual salary
8% Holiday payment
Personal growth and challenging work with endless possibilities to realize your ambitions
An informal working environment with innovative colleagues who strive for the very best
Progressive way of working according to the Agile method, so that new ideas come to life
Contact the recruiter attached to the advertisement for more information. Want to apply directly? Please upload your CV and motivation letter by clicking the “Apply” button.
With around 52,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to make a diﬀerence. We hire smart people like you for your potential, not your past. Our biggest expectation is that you’ll stay curious. Keep learning. Take on more responsibility. In return, we’ll back you to develop into an even more awesome version of yourself.
If you want to work at the cutting edge of what’s possible, surrounded by progressive, inspiring and supportive colleagues, there is no better place to invest your talents than at ING. Join us. Apply today.