Director/MD of TMT Coverage Americas

Sectors TMT & Healthcare Director / Managing Director TMT Sector Coverage NYC

About ING :

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 :

The TMT & Healthcare sector cluster with ING Wholesale Banking has the mandate to develop wholesale banking business for ING in these two sectors globally.

The sector team is responsible for developing business with clients in these sectors by providing wholesale banking solutions including financing, advisory services, financial market solutions, transaction services and other products & services to clients through its teams based in Asia Pacific, Europe and the Americas.

In the Americas region, the team is currently based in New York.

We are seeking to recruit a senior and seasoned TMT sector banker with well-established client relationships who would enjoy working in an established and successful team.

This person will be a self-starter and work closely with existing team members (app. 15 people including the Head), and with other teams within the organization.

The role requires an experienced banker who can work with little or no supervision. We are responsible for sector client coverage, leading debt financings for our clients which can often be structured and complex and coordinating all cross-buy efforts on other products.

Prior TMT sector experience, a good credit grounding, and a knowledge of other wholesale banking products is essential. Given the seniority of the role, the individual would be expected to have the capability, experience and gravitas to engage at the C-suite level with clients, be deal team leader on selected transactions as required, coordinate with other stakeholders and also contribute effectively to the growth strategy for the sector / region.

Responsibilities :

The successful candidate is expected to formulate client strategy and develop / manage client and / or sponsor relationships in the TMT sector, working with other team members, including product specialists, country coverage bankers and other stakeholders to help with origination of new business with clients, ongoing client relationship management, leading new deals including financings and monitoring / maintaining existing portfolio.

The work envisaged encompasses leading origination efforts, assisting with deal structuring, credit analysis, taking a leadership role and guiding deal team members, leading internal approval process and legal documentation as required, and coordinating with relevant product teams to deliver multi-product solutions to clients and achieving cross-buy and return objectives.

• Identification, development, and maintenance of close relationships with clients as primary contact. Coordinating the development of presentation material and pitches to clients leading to new mandates.
• Helping achieve sector income, fee, cross-buy, ESG and return targets, and achieving other financial / non-financial KPIs.
• Providing direction and leadership to deal teams, including ensuring efficient allocation of resources and support in execution.

Overseeing client marketing and transaction origination & execution, taking a lead role when required.

• Identify and monitor developments and opportunities within the Americas TMT sector. Continuously build knowledge on the sector, competitors, products, and macroeconomic trends / issues and contribute to ING strategic initiatives.
• Ongoing coaching and mentoring to team members, ensuring proactive performance and personal development to instill a strong performance culture and help achieve results.

Competencies & Pre-Requisites

• Graduate or post-graduate degree holder in Business / Finance / Economics or other relevant disciplines
• Minimum of 15 years of investment / corporate banking experience (or other relevant field).
• Thought leader in the TMT sector(s) and deep, established client and sponsor relationships in the US / Americas
• Experience in structuring and deal execution in TMT transactions in corporate / investment banking
• Sound knowledge of credit, financial models and loans documentation, including training and developing junior talent
• Solid track record in origination and cross-selling other products like financial markets, DCM, M&A advisory and transaction services
• Strong analytical, presentation, leadership and communication skills.
• An effective team player with good interpersonal and communication skills.
• High level of self-motivation.
• Series SIE, 79 / 63 required or to be obtained shortly after start
30+ days ago