Capital Markets & Advisory | Global Capital Markets | Analyst | New York, NY

About ING :

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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, 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 opportunity:

ING’s Global Capital Markets (“GCM”) team originates, structures, and distributes all forms of public and private debt to our US institutional investor base. The group works closely together with client coverage teams and other product specialists in the ING network and advises on a wide range of funding opportunities in the global capital markets. Working in GCM offers a mix of hands-on transaction experience across industries and deal size ranges. You will work with other team members in the analysis, financial modeling, sourcing, and managing of transactions on behalf on ING’s clients.

As an Analyst in the Early Career Track, you will be rotating across three to four Capital Markets & Advisory (CM&A) teams. The CM&A Early Career Track provides junior talent the opportunity to learn more about core and client facing areas of ING’s CM&A business area. The aim of this program is to upskill talent and prepare you for future roles in our organization. During the program, you will get hands-on experience of what is involved in the day-to-day role as a junior team member in the Corporate Finance, Debt Capital Markets, Loan Distributions and Acquisition Finance teams.

ING is seeking professional level employees that are keen to start or progress their careers in the investment banking industry. The analyst will begin their rotation on the GCM team, working and developing in products areas that are often integrated to service ING’s global client base: (1) High Yield & Investment Grade, (2) US Private Placements, and (3) Ratings Advisory.

High Yield & Investment Grade

The High Yield (HY) and Investment Grade (IG) desks work closely with coverage bankers and other product specialists in the ING network advising on capital structures and funding opportunities, and marketing and executing bond transactions for debut or repeat corporate and sponsor-owned issuers, projects, or event driven situations. As an Analyst, you will provide direct support to senior DCM originators with the aim to win new bond mandates and maximize bond related revenue, assisting in building pitch decks and other marketing materials. The Analyst will also work closely with the syndicate desk to coordinate and prepare multi-currency pricing updates.

US Private Placements (USPP)

The USPP desk originates and executes transactions supporting ING’s client base, which are distributed across a wide range of sectors and geographies. USPPs are long-term financings sold to institutional investors, primarily US insurance companies and asset managers. As an Analyst, you will have the opportunity to be involved in all aspects of the transaction, often interacting with both investors and corporate issuers. The USPP team works with ING’s worldwide network of bankers and professionals who manage the bank’s client relationships. The analyst position will entail both origination and execution responsibilities. The origination aspect entails preparing pitch materials for client meetings which market the bank’s capabilities as well as market information such as deal structure and pricing. Execution phase responsibilities include preparation of comparable and pricing information and communication with institutional investors.

Ratings Advisory

Ratings Advisory provides value-add, bespoke rating insight, contributing towards winning and executing senior roles in debt transactions. The Ratings Advisory team also acts as a simulated internal rating agency helping to refine ratings views for counterparts in other groups at ING. As an Analyst, you will produce comparable peer analyses, prepare Rating Advisory models, and liaise closely with colleagues in other departments to deliver integrated solutions to ING’s clients. The Analyst should expect to actively participate in client meetings with senior management and support execution efforts on ratings advisory mandates.

Responsibilities:

• Assist in the origination of new business opportunities by preparing and delivering client presentations, conducting sector, company and ratings research, as well as preparing preliminary credit analysis
• Support deal execution by means of direct involvement in the deal team (e.g. documentation and due diligence, roadshow logistics, bookbuilding and orderbook analysis)
• Stay up to date on new issue volumes in private & public markets and maintain new issue database for quick analysis and searches in preparation for client meetings
• Prepare PowerPoint slides for marketing ING’s products to a variety of clients, often requiring customization by sector and/or issuer type
• Prepare materials during execution of transactions including: market update calls, working group lists, indicative pricing and comps, and pending/priority items
• Support execution efforts on ratings advisory mandates and assist in ensuring timely and successful ratings advisory delivery, working directly with senior team members
• Increasingly contribute and become responsible for Ratings Advisory models
• Liaise closely with colleagues in other CM&A departments to deliver integrated solutions to ING’s clients

Qualifications and Competencies

• 0-2 years of experience
• Bachelor’s degree in Finance, Accounting, Business, Economics, Mathematics, Statistics, Engineering, or related field
• Deep understanding of financial statements
• Advanced proficiency in Microsoft Excel, Word, and PowerPoint
• Knowledge of international credit and rates markets and global economics
• Excellent written and verbal communication skills, with the ability to effectively interact with senior professionals, clients and key stakeholders in other lines of business
• Ability to multi-task and thrive in a fast-paced, deadline driven environment
• You possess the ability to deliver with efficiency and effectiveness, often with minimal day-to-day oversight
• Reliable and a strong attention to detail
• You are able to manage competing priorities and assignments
• You take initiative and ask questions when necessary
• You are expected to obtain Series 7 or 79, and 63 registrations shortly after starting the role
• Experience with Bloomberg and rating agency platforms is a plus

Salary Range $105,000 - $115,000

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.