Senior Fund Finance Analyst - Vice President

Vice President – Senior Fund Finance Analyst

Based in Luxembourg, as part of the Financial Institutions Group, Fund Finance (‘FF’) is responsible for the origination and execution of new lending transactions to European funds as well as the portfolio management of existing facilities. Our clients consist of unlisted private equity, debt, real estate, and infrastructure funds managed by leading financial sponsors and listed funds managed by large institutional asset management firms.

FF is a leading European funds finance team, operating from Luxembourg and London, which has experienced significant growth over the last five years. As a result, the Luxembourg team is now seeking to recruit a Vice President is a newly created role. This is an exciting opportunity within Fund Finance where the successful candidate will have primary responsibilities for origination, execution and portfolio management.

Core Tasks & Material Responsibilities

Structuring

• Lead the origination and execution of fund finance transactions for subscription finance and portfolio leverage (NAV-based) fund finance transactions
• Identifying funds finance transaction opportunities and conducting general market research
• Attending client meetings and industry events, and preparing marketing/research materials
• Working with ING’s coverage, financial markets and other lending teams to coordinate an effective approach to client interaction
• Reviewing and analysing fund documentation, structures and investment portfolios to consider lending opportunities
• Completion and negotiation of term sheets, RfPs and other pitching documents

Credit

• Structuring portfolio leverage (NAV-based)  subscription finance lending transactions
• Preparation of credit proposals for new and existing transactions
• Working with ING Risk to seek approval for transactions and to discuss new deals
• Reviewing and monitoring receipt of client reporting information
• Responsibility for ensuring that limits and investor exposures are correctly booked in ING’s loan systems and reflected in other  FF records on closing of new transactions
• Ad-hoc tasks relating to internal audits and requests for information/analysis from Management

Execution

• Reviewing, negotiating, and commenting on legal documentation for FF’s transactions, including loan agreements, intercreditor, ancillary documents and ISDAs/CSAs
• Liaising with both internal and external counsel to negotiate ING’s preferred policy and credit positions and obtaining appropriate legal sign-offs when required
• Working with syndicate banks, both where ING is Agent or participant
• Keeping up to date with ING’s legal policy requirements and general market trends

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.

Qualification/Education

• Fluent English and French
• Educated to at least degree level
• Strong credit skills
• Excellent IT skills with proficiency in Microsoft Excel, PowerPoint and Word
• Extensive transaction execution experience within an international financial institution

Experience/Knowledge

• At least 4 years’ experience structuring funds finance transactions and a proven track record in execution
• Relationship management experience from a client-facing role in a funds finance team
• Experience reviewing and commenting on loan documentation and term sheets
• Personable team player able to gain the confidence and trust of both colleagues and clients.
• Experience structuring and executing both subscription finance and portfolio leverage (NAV) transactions
• Knowledge of FX hedging products for funds and experience with ISDAs and CSAs

Behaviour Competencies

• Hard working

• A commitment to high quality standards with a fine eye for detail
• Able to plan ahead and prioritise competing demands on time
• Ability to work to deadlines with limited supervision
• A high level of initiative and common sense
• Ability to communicate clearly, both on a verbal and written basis
• Problem solving skills