Senior Transactional Approval & Portfolio Management Expert

Location: Luxembourg (Siège Lux House), based in Luxembourg City

Company

ING is a banking group focused on customer-oriented financial services, technology-enabled banking, and responsible risk management.

What you will do

• Analyze, recommend, vote on, and decide material credit exposures for Wholesale Banking clients.
• Assess fund finance and structured lending transactions, including obligors, collateral, investor bases, covenants, legal documentation, and refinancing risks.
• Prepare and challenge concise credit opinions covering risks, mitigants, ratings, limits, tenor, covenants, and risk-return considerations.
• Own portfolio monitoring, including credit reviews, covenant compliance, concentration risks, early-warning indicators, and watchlist processes.
• Collaborate with relationship managers, product specialists, legal teams, global approval colleagues, and portfolio analytics teams.
• Identify emerging sector and portfolio risks while sharing credit expertise and strengthening risk standards.

Requirements

• At least 10 years of experience in credit risk management, transaction approval, fund finance, structured lending, investment banking, institutional client coverage, or portfolio management.
• Master’s degree in finance, economics, business administration, accounting, law, or a related quantitative discipline.
• Strong knowledge of fund finance structures, including subscription-line facilities, NAV or asset-backed lending, investor and collateral analysis, borrowing base mechanics, covenants, and documentation.
• Demonstrated ability to perform credit analysis, assess repayment capacity, challenge assumptions, and identify transaction-specific risks.
• Experience preparing, reviewing, or approving credit memoranda covering ratings, limits, tenor, collateral, covenants, conditions precedent, and monitoring requirements.
• Excellent analytical, modelling, writing, presentation, stakeholder-management, and decision-making skills; excellent written and verbal English is required.

Nice to have

• French or another European language.
• Experience with defense-related corporate financing, family offices, or Lombard lending.
• Experience using portfolio data, exposure reports, and risk analytics to identify trends and early-warning signals.

Culture & Benefits

• Senior, high-impact role in a strategic growth area covering fund finance, institutional clients, specialized lending, and related portfolios.
• Meaningful ownership, delegated decision capacity, and direct interaction with senior local and global stakeholders.
• Opportunity to build a transaction approval and portfolio management setup in Luxembourg.
• Work combines global standards, local expertise, data-driven insights, responsible AI-enabled tools, and a strong risk culture.