ING Wholesale Banking in Singapore
We began operating in Singapore in 1987 where we host the regional Asia Pacific headquarters. With over 300 financial experts, we are the largest wholesale banking branch in Asia. ING stands out in the Asia Pacific region because we go a step further for our customers. We look at things from the client's perspective which allows us to construct tailor-made solutions to fit the needs of every company we serve. This mentality underpins all our client relations and has produced various prestigious awards.
Job Profile Summary
Within the Wholesale Bank, client coverage is spread across 3 industrial sectors which includes Commodities, Food & Agri (CF&A) sector coverage which in turn comprises 3 sub-sectors: Trade & Commodity Finance, Metals, Mining & Fertilisers, and Food, Beverage and Agriculture (FB&A).
ING's FB&A business has a strong global presence, with teams serving clients from 6 dedicated locations globally. The team you will be working in is responsible for developing the FB&A client portfolio in the APAC region following the global strategy for the FB&A sub-sector as a part of ING Wholesale Banking and CF&A sector. The team is accountable for the revenues, risk/ return and cross-buy of the FB&A clients in the APAC region. The FB&A team remains in growth mode and is looking to expand its APAC presence.
Job Responsibilities:
- The Associate is responsible for supporting the other members in the FB&A team, and Parent Account Managers in Corporate Sector Coverage, in the origination, structuring and execution of new FB&A transactions across the full spectrum of the food chain.
- Responsibilities include, but are not limited to, onboarding of clients/ borrowers, industry & market analysis, preparing pitches and presentations for new opportunities, capital structuring or M&A transactions in the sector, greenlight memos, credit and written summaries for new lending transactions (jointly with our Transaction Management Lending team);
- Using own or third party financial models to prepare or review financial projections and sensitivities analysis;
- Reviewing due diligence materials, loan documentation, participation in the credit application process, and
- Assisting in the maintenance of industry and market intelligence databases. This person could be the Local Account Manager on FB&A deals booked in the APAC region, where appropriate.
What we're looking for:
- Education: Bachelor's degree in finance, business administration, or agribusiness industry related field.
- Experience: minimum of 4 years of relevant project/corporate finance experience, ideally in the FB&A industry.
- 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): Must have outstanding Excel skills and be able to build financial debt models very soon after starting.
- 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.
- Basic understanding of Loan documentation.
- Interest in Sustainability to support the various initiatives being undertaken at ING.
- Team Player, self-motivated and proactive.
