Team principal/ senior account manager

Global Credit Restructuring (GCR) is globally responsible for a safe, compliant and data driven credit loss process by managing loan loss provisioning, finding solutions for clients in financial difficulty and by closing the learning loop on lessons learned. We take responsibility for finding tailored solutions for ING's clients in difficulty, acting as the restructuring knowledge center for ING.

GCR teams have been integral to some of the most interesting and complex restructuring transactions across various sectors and geographies. We are committed to together preserve principal, maximise recovery and develop a strategy which best benefits ING Bank and its clients.

We are looking for a Senior Account Manager acting as Team Principal ('primus inter pares") within our Amsterdam based Team Wholesale Banking which is responsible for ING's WB client portfolio. You will report to the GCR WB Team Head. As team principal you ensure a coordinated approach within the restructuring portfolio of your team, with regards to managing credit decisions as well as reporting requirements. You will support the GCR WB Team Head in the global WB Loan Loss Provisioning process, the WB Watchlist process and in the annual performance cycle of your team members.

Your work environment

You will take a coordinating approach during the restructuring process, with frequent client interaction. This position offers a superior learning experience as files under our responsibility have complex financing structures requiring out-of-the box thinking while safeguarding alignment within diverse syndicated lender groups and possibly various other stakeholders. Therefore, your working environment is challenging and dynamic in which you will be responsible for connecting with - and coordination between - internal and external stakeholders at senior levels.

Roles and Responsibilities

The role requires you to be able to both act as trusted principal for your team and act with a hands-on approach for complex restructuring files in your GCR team. You will balance your role as coach for the team members with your individual hands-on involvement in managing several problem loans.

• You will lead, mentor and manage part of the GCR WB Team, fostering a collaborative, high-performance culture. As part of that role, you will provide guidance, development objectives and performance management for your team members to achieve individual and collective goals. You will promote ING's values and ensure alignment with broader WB organizational objectives

• You coordinate GCR's role as knowledge center for your team and actively monitor that your team provides feedback on lessons learned of restructurings in your portfolio to our colleagues.
• You encourage the team to act in compliance with the legal and regulatory frameworks, with the objective of safeguarding the reputation of ING and minimising financial costs to ING. Where needed, you will also be able to take (partial) responsibility in projects related to regulatory requirements (such as ECB, internal and/or external auditors).

How to succeed

We hire smart people like you for your potential. Our biggest expectation is that you'll stay curious. Keep learning. Take on responsibility. In return, we back you to develop into an even more awesome version of yourself.

Your profile:

• Minimum of 10 years' experience in lending transactions structuring, negotiation and execution
• Strong people skills, confident to coach experienced restructuring professionals and with the ambition to lead a team
• A mindset that is positively challenged when working on multiple projects, under stress and with tight deadlines.
• Work collaboratively as well as independently in a changing internal and external environment where interests are not always aligned.
• Build and manage relationships with stakeholders, both within and outside ING. Excellent stakeholder management skills with the ability to operate at senior levels
• A practical approach, focused on problem solving and coming up with creative solutions.
• Excellent verbal and written communication in English, committed to understand key issues of the client in distress with an eye for detail.
• Knowledge of credit risk management processes, the ING business and organization. Strong awareness of regulatory framework and requirements

Rewards and benefits

We want to make sure that it's possible for you to strike the right balance between your career and your private life. You can find out more about our employment conditions at https://www.ing.jobs/netherlands/Why-ING/benefits.htm

• The benefits of working with us at ING include:
• A salary tailored to your qualities and experience
• 24-27 vacation days depending on contract
• Pension scheme
• 13th month salary
• Individual Savings Contribution (BIS), 3.5% of your gross annual salary
• 8% Holiday payment
• Hybrid working to blend home working for focus and office working for collaboration and co-creation
• Personal growth and challenging work with endless possibilities
• An informal working environment with innovative colleagues

More about what we offer:

• Pleasant and respectful working environment in a community of engaged colleagues with a diverse background.
• Excellent opportunity to develop your soft skills (influencing, managing stakeholders, coping with stress and uncertainty) and hard skills (knowledge on multiple sectors, restructuring / bankruptcy law in various jurisdictions).
• Dynamic professional environment with challenging responsibility.
• Opportunities for training on-the-job and through courses.

About us

With 60,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of what's possible and at the same time ensure you work with integrity and hold the customer's interests at heart? Do you want to be surrounded by progressive, inspiring, diverse and supportive colleagues? Then there is no better place to invest your talents than at ING. Join us. Apply today.

Please note that on we are accepting applications until 4th of January 2025.

Questions?

Contact the recruiter attached to the advertisement for more information. Want to apply directly? Please upload your CV and motivation letter by clicking the "Apply" button.

Please note, multiple interview steps involving various business stakeholders will be part of the selection process.