Vice President - Credit Risk Review

Vice President – Credit Risk Review

Location:

New York, NY

Role:
Vice President – Credit Risk Review in ING Americas

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.

We build a culture that’s fun, friendly and supportive, encouraging individuality, risk‑taking, ownership, and innovation. With a hybrid work model, there is in‑office / remote flexibility.

Collaboratively execute effective, credible challenge to the credit risk management practices of 1st and 2nd Lines of Defense (LoD). Responsibilities are focused on individual obligor and portfolio reviews. Required NYC‑Midtown presence on average 3 days per week.

Reporting to the Head of Credit Risk Review (CRR HoD), a CRR Vice President is sufficiently experienced to capably execute CRR business‑as‑usual functions such as Target Reviews, Continuous Monitoring, and Risk Assessments. A Vice President (VP) will be capable of representing CRR regarding their assigned sectors as SME, individual obligor challenges, and areas of interest arising from target reviews.

• Balance collaborative engagement with 1st and 2nd LoD credit risk managers and effective, credible challenge of practices.
• Willing and able to develop credit risk management opinions that appropriately and successfully challenge the status quo.
• As SME, undertake Risk Assessments and Continuous Monitoring to review assigned portfolios, independently identifying the credit risk profile and anticipated changes, while also evaluating compliance with internal policies and regulatory expectations.
• Develop and refine sector and/or product‑type expertise and perspective to support credibility of the CRR challenge to 1st and 2nd LoD credit risk managers.
• Execute Target Reviews/Examinations of individual obligors for alignment with bank credit risk standards including accurate and timely credit risk rating designations.
• Initiate Issue Validation Reviews to evaluate the effectiveness of management’s remedial actions to address CRR‑identified formal issues.
• Consistently collaborate with CRR team members to reach balanced and well‑informed judgments including potentially providing intra‑team quality control.
• Lead or assist with special projects as needed (e.g., CRR enhancement, credit risk postmortem, etc.).

• 12‑year experience with wholesale credit risk management.
• Extensive experience with assignment of U.S. bank regulatory risk ratings.
• Effective communication skills for presenting credit opinions and concerns challenging risk owners and managers.
• Experience with one or more of the following industries / product types:
  Asset Based Lending, Asset Securitizations, Commercial Real Estate, Energy/Power, Funds Finance, Leveraged Lending, Mining, & Project Finance.
• Experience effectively challenging decision makers.
• A collaborative mindset with a focus on problem‑solving and continuous improvement.
• Education – Undergraduate Degree.

• Bank regulator/examiner experience.
• CRR team membership experience.
• Data management aptitude.
• Education – Graduate Degree or Chartered Financial Analyst Accreditation.

US $178,000‑225,000 annually

• Comprehensive health benefits.
• Generous 401(k) savings plan.
• Competitive paid time off.
• Adoption, surrogacy, and fertility services.
• Student debt assistance.
• Subsidies for commuting and fitness expenses.

ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to race, 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 is 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.

Executive

Full‑time

Finance and Sales

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