Associate, Asset Securitisation

About ING & Wholesale Banking (WB)

ING is a leading European bank. Our more than 60,000 employees serve more than 38 million customers, corporate clients and financial institutions in over 40 countries. Our purpose is to empower people to stay a step ahead in life and in business.

ING WB in Asia Pacific (APAC) is present and active in 11 major economies across APAC, namely Australia, China, Hong Kong SAR, India, Indonesia, Japan, Philippines, Singapore, South Korea, Taiwan and Vietnam. Singapore is the regional headquarters for WB APAC, which includes all WB business lines such as Financial Markets, Capital Markets & Advisory, Sectors, Lending and Transaction Services and other enabling functions.

About Capital Markets & Advisory (CMA)

Established in 2023, CMA is a global business unit platform with operations in Asia Pacific, Europe and the Americas. It represents the single centre of ecellence for our advisory business and related financing activities across ING, incorporating Corporate Finance (M&A), Acquisition Finance, Global Capital Markets (Debt Capital Markets, Asset Securitization and Ratings Advisory), Corporate Investments and Loan Distribution Group. CMA aims to capture opportunities in our clients’ boardrooms to deliver high value-added strategic advisory and financing services. In addition, CMA business units play a central role in the acceleration the firm’s strategic ‘must-win’ on capital velocity.

About Asset Securitisation (ACec)

• The ASec team is a front office commercial unit within GCM, which assists ING Wholesale Banking clients through the provision of asset backed funding solutions.
• ASec has a core focus on securitisation structures, including both i) ING or asset backed commercial paper (ABCP) funded asset backed/securitisation lending deals and ii) publicly/privately placed ABS deals into capital markets.
ASec works collaboratively with Sectors, Bond/ABS Syndicate and Financial Markets sales professionals within ING, to originate, structure, and e
• ecute transactions.
• A global group with teams in New York, Dublin, Amsterdam, Frankfurt, Singapore and Sydney, who work as multi-disciplined tribes on local and international transactions in a highly collaborative environment.

Job Opportunity

• The position is for an Associate within the Asset Securitisation (ASec) APAC team, which is part of Global Capital Markets (GCM)
• The role will report both functionally to the Head of Asset Securitisation APAC
The successful candidate will join a fast growing and highly dynamic and multi-skilled global team of banking professionals with eperience in successfully originating, structuring, and e
• ecuting Asset Backed Securities (ABS) deals across Asia Pacific
• The focus asset classes for the ASec team currently includes residential mortgages, auto loan and leases, equipment receivables, consumer receivables, credit cards and a variety of other esoteric asset classes
• Key markets that the ASec APAC team operate within include Australia, Korea, Hong Kong and Singapore
The position provides an ecellent opportunity to also work with various departments within ING including our global ASec team, ABS Syndicate, Financial Markets and or coverage e
• perts within broader Wholesale Banking.

Main Duties and Responsibilities of Role:

• ternal clients and ING
• Co-manage various approval and documentation processes including performing due diligence and analysis, preparing credit applications and associated internal approvals, cashflow modelling of various asset classes, and reviewing legal documentation
• Portfolio monitoring including but not limited to annual credit reviews, modification requests, covenant and portfolio tracking, maintaining files and documentation, reviewing and processing disbursement requests, and preparing pipeline and profitability reports
Coordinate supporting operational processes to ensure a seamless e
• ecution and in-life management of transactions, including onboarding of new clients, meeting KYC requirements and interfacing with support functions such as Risk Management and Loan Operations
• Preparing presentations and marketing material for new opportunities, assisting in the maintenance of industry and market intelligence databases
Assisting with relationship management activities including contact with internal and e
• ternal clients and prospects.

Candidate Profile

Qualification/Education

• Bachelor’s Degree. Postgraduate qualifications are a plus.

Eperience/Knowledge

• Strong academic track record with Undergraduate or Masters
3-4 years eperience in the financial services sector. Prior securitisation e
• perience particularly Korean ABS transactions will be viewed favourably
• Analytical minded with sound modelling skills
• Strong written and oral communication skills
• Attention to detail and able to manage multiple projects simultaneously and meet tight deadlines
Proactive and fle
• ible team player with a ‘can do’ mentality and good interpersonal skills. Entrepreneurial spirit and an open mind to work on new concepts
Proficiency in MS Office (Ecel, Word, PowerPoint): Must have outstanding E
• cel skills
• Strong interpersonal skills used within a cohesive, global team environment and in client interaction

Questions? Just ask
Benjamin Carpenter