Head of WCS RF Portfolio management – Team head
Permanent employment contract , Head of Trade Structuring & Advisory I, GJA 18, full time, Brussels – Belgium – ING internal only
About the position

As the leader of the front office Working Capital Solutions Receivables Finance Portfolio Management team, and directly reporting to the Head of WCS in Belgium, your primary responsibility will be the ongoing management of the dedicated WCS portfolio, with an emphasis on credit reviews and amendments of existing receivables finance transactions. Given this is all about flow business, the changes in the deals are rather intense. You will coordinate the tasks within the team as well as running transactions by yourself. This is a leadership position and will require coordination between sector specialists, TS Sales, offshore portfolio support teams, Risk Management and the colleagues of the team.

Your role & work environment

Are you looking for…
A challenging professional environment within ING Wholesale Banking, in a growing business serving corporate clients in an international environment. A solid experience in a complex and varied position which will broaden career possibilities for a high achiever.

Are you also someone who is…

• critically minded, with strong analytical and problem solving skills with an eye for detail
• excellent team steering capabilities
• hands-on, a problem solver with the mindset to make things happen
• keen to learn and strive for continuous improvement within a control environment
• a good communicator, team player and thinking ahead

… then you could be our new head of Portfolio management within WCS.

Working Capital Solutions covers receivables and payables based working capital financing solutions. We work through our dedicated WCS teams based in Belgium, Poland, Romania and Singapore and the newly established team in the United States. Portfolio management is a key part of the team. The Portfolio managers keep the clients at ease which ensures the continued income generation for the team.

Your key responsibilities

• Take the role of Head of Portfolio management where you will steer about 6-7 colleagues on a daily basis as well as many stakeholders within the bank.
• Ensure continuity of credit risk follow-up on an existing portfolio of Receivables Finance transactions
• Ensure that non-financial risk remains under control, maintain the governance in line with evolving internal and regulatory requirements, contribute to fostering a risk culture in the overall team
• Continuously strive towards improving processes
• Be the main interface with many Working Capital Solutions RF internal stakeholders of which Credit risk and the settlement team will be the most frequented colleagues.
• Be involved with our clients. The role will also be very much client facing.
• Coach the team members

We look for
A colleague with a talent for taking it on and making it happen, enthusiasm for helping others to be successful and a knack for always being a step ahead. In other words, you strive to bring fresh ideas to life and embrace challenges in a fast changing and complex environment. You are a naturally collaborative person who listens and invests in others to achieve common goals. You love to challenge the status quo and are eager to propose creative solutions to problems.
As a Head of Portfolio management you will also need:

• a relevant experience of at least 6-8 years with relevant experience in Receivables Finance (Invoice discounting, Receivables securitisation (on- and off-balance sheet), Factoring and some background in Risk Management
• a proven track record within securitisation and its CRR regulation
• to be fully up to date on ING’s internal lending, operational and other relevant internal policies.
• a thorough understanding of credit risk, non-financial risk, and internal ING processes
• excellent oral and written skills in English and Dutch or French.
• an academic degree in economics, management, law, engineering or equivalent
• a first managerial experience is definitely a positive.
• Someone who strives towards the highest standards in terms of Orange behaviours

We offer you
A clear purpose, a unique offer and a range of flexible compensation and other benefits:

• Personal growth & challenging work with endless opportunities to realise your ambitions
• An informal, dynamic environment with innovative colleagues supporting your endeavours
• A progressive and agile way of working, where new ideas are valued ahead of convention

Furthermore, within the Working Capital Solutions department, you can count on a range of opportunities to invest in your personal and professional growth with:

• Challenging team steering & a steep learning curve
• getting to understand trade solutions from a wider perspective
• partnering and learning from various fintechs operating within the trade space