South Korea Job Openings

ING

(Bank) Structured Export Finance - Junior Account Manager

FULL TIME

August 7, 2024

Business: Structured Export Finance (“SEF”)
Position: Junior Account Manager
Corporate Title: Manager / Associate
Reporting to: Head of Structured Export Finance, Korea
Entity: ING Bank N.V., Seoul Branch
ING Bank
ING Bank covers Wholesale and Retail Banking in Asia Pacific. Our Wholesale Banking business is present and active in 11 major economies in the Asia Pacific, namely Australia, China, Hong Kong SAR, India, Indonesia, Japan, Philippines, Singapore, South Korea, Taiwan and Vietnam.
Job Profile Summary
Applies specialist Product Finance knowledge to originate, structure and execute product specific transactions (e.g. acquisition finance transactions, typically in the form of leveraged buyouts for Private Equity firms or export financings supported by Export Credit Agencies). Undertakes a range of activities which include pitching, credit analysis, modelling, writing credit applications, negotiations and documentation on new transactions as well as all monitoring tasks that come with the management of an existing portfolio, including reviews, covenant monitoring and all regulatory reporting, and maintains strong relationships with clients/parties relevant for the product in consultation with Account Management, to provide a comprehensive service for ING. Keeps track of market developments for its lending product in the jurisdictions and/or sectors covered to be able to adapt and respond to current situations.
Role Summary:
  • To work as a Structured Export Finance team member in executing transactions.
  • Support credit analysis of existing and potential clients and support credit application process of new deals.
  • To assist any existing/potential structured transactions.
  • External/internal administrative work and coordination for existing transactions, and follow up on correspondence with clients.
Job Responsibilities:
  • Carry out and support credit analysis of existing and potential clients and support credit application process.
  • Information collection and analysis.
  • Financial analysis.
  • Monitor and follow-up on any change/development of clients’ credit status.
  • Execute and follow-up on existing transactions including documentation as a team member in structured finance.
  • Support structured finance transactions for potential clients.
  • Update changes for existing clients.
  • Communicate with existing/potential clients, especially with ECAs (KSURE and KEXIM), partner banks, etc.
  • Works with Compliance to identify compliance risks and to implement, maintain and improve compliance controls.
  • Ensures that business activities are conducted in accordance with the applicable law and regulations.
  • Addresses issues raised by Compliance and other business staff.
  • Provides operational and administrative support to SEF AM and Team Head relating to clients portfolios and profitability analysis including internal reports.

What we're looking for:
  • Financial analysis ability to evaluate existing and potential clients.
  • Ability to work as a team member in executing and following up on transactions.
  • Communication ability in working with/for local global clients.
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