Transaction Services - Analyst

Wholesale Banking| Transaction Services Americas | Analyst | New York City

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 position:

ING Transaction Services in the Americas

Transaction Services (‘TS’) is part of ING’s Wholesale Banking division and operates globally with daily banking related products such as Working Capital Solutions (Supply Chain Finance and Receivable Finance), Trade Finance Solutions, Payments & Cash Management, and Liquidity Management Solutions like cash pooling, virtual cash management or solutions offered via our subsidiary Bank Mendes Gans. With strong domestic presences in many European countries, ING has developed into a leading player in European Transaction Banking and has a growing footprint in the US. To further expand its international franchise, ING is looking for an Analyst/ Associate Transaction Services

Purpose of the role is to help the team to build out ING’s position in Transaction Services market share.

Reporting line

The candidate will report functionally and hierarchically to the Head of Transaction Services Americas (Tibor Bartels).

ING in the Americas is focused on managing and expanding the global relationship with multi-national US corporate clients and prospects, offering the complete suite of ING corporate banking and treasury products across our international network – with a natural focus on Europe. Clients vary from large US stock listed companies, with revenues of over USD 2bn, a considerable business footprint in Europe and an investment grade / cross-over credit profile or smaller clients that are serviced in one of the sector specific teams.

There is a high level of interaction and coordination applicable with the ING network (e.g. product specialists, local relationship managers and credit committees). The Analyst will be involved in coordinating internal processes efficiently.

Responsibilities :

• Assist the Transaction Services Consultants in managing the product relationship with U.S. Corporate Clients in all areas of the Transaction Services offering:
• Assist with client analysis and portfolio planning
• Developing a well-rounded knowledge of the Transaction Services offering
• Creating and maintaining strategic global client account plans
• Supporting the consultants in client meetings and preparation of comprehensive marketing presentations
• Coordinating and assisting with answering RFP processes
• Identifying and analyzing key opportunities related to a client
• Participating in client visits, requiring traveling across the U.S. and occasionally in Europe.
• Support for and takeover of administrative tasks on behalf of the team

Qualifications and Competencies:

Bachelor’s Degree for finance, economics, law or business preferred

Analytical and judgment skills, Microsoft office suite

Can-do mentality, able to perform Ad-Hoc tasks and work independently

Team player, contribute to team development

Product / business / sector knowledge

Execution capabilities and ability to drive and coordinate processes end to end

Curious, self-motivated, with high work ethics

Business drive / performance motivation

Excellent verbal and written communication skills

Base Salary: $105K

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.