Associate Specialized Lending- Transportation & Logistics

About the Position

This front‑office lending role is within ING’s Sector Based & Specialized Lending (SSL) platform. The Associate supports the origination and execution of lending transactions with a primary focus on Transportation & Logistics and works closely with a Vice President on the team.

The Associate builds expertise in asset‑based lending with an emphasis on Transportation & Logistics asset classes, including shipping, containers, rail, and aviation.

In addition to Transportation & Logistics, the Associate develops a secondary focus in at least one additional sector within the platform (e.g., Renewables & Power, Metals & Mining, TMT, Healthcare, Food & Agribusiness, Real Estate Finance, Asset‑Based Lending, Structured Export Finance).

• Support origination and execution efforts for Transport & Logistics lending transactions with a focus on asset‑based lending across shipping, containers, rail, and aviation.
• Participate in initial deal screening, borrower/obligor analysis, and credit assessment under guidance of senior team members, incorporating asset quality, residual value, and market liquidity considerations.
• Assist in due diligence processes, including analysis of borrower financials, business models, fleet/asset composition, utilization, counter party profiles, and industry dynamics.
• Prepare and contribute to internal credit approval materials, including transaction narratives, collateral descriptions, advance rate and covenant proposals, stress cases, and risk mitigants.
• Build, review, and update financial models, including collateral and borrowing base analyses, valuation, asset‑level cash flow and depreciation assumptions, downside and recovery analyses, and internal risk rating tools.
• Review financing documentation and support analysis of key commercial and collateral terms (security package, collateral eligibility, reporting requirements, covenants, events of default) in loan and related agreements.
• Coordinate with internal stakeholders such as Risk, Legal, Loan Operations, Treasury, Finance, and with external parties (counsel, technical advisors, appraisers) to support transaction execution and closings.
• Perform deal closing duties.
• Stay current on internal policies, procedures, and risk frameworks to ensure transactions are executed in line with ING standards.

• Associate level: 3+ years of relevant experience in lending, corporate finance, structured/asset‑based finance, project finance, or investment banking;
  Transport & Logistics sector exposure is a strong plus.
• Core qualifications: demonstrated interest or experience with asset‑based and/or secured lending, including collateral analysis, documentation concepts, and recovery‑focused credit thinking.
• Strong financial and credit analysis skills with a solid understanding of financial statements and cash‑flow‑based and secured lending fundamentals.
• Financial modeling experience (Excel), including sensitivity analysis and scenario modeling.
• Strong written and verbal communication skills, with attention to detail.
• Ability to manage multiple work streams in a fast‑paced environment and meet deadlines.
• Collaborative mindset with the ability to work effectively across sectors and teams.
• Proficiency in Microsoft Office (Excel, Word, PowerPoint).
• Other: deal credentials including bank and individual role and responsibilities, case studies, references.

Salary Range: $130,000 - $175,000 (base salary only). The role is eligible for participation in a discretionary bonus program. ING provides comprehensive health benefits, a generous 401k savings plan, competitive PTO, and a broad array of additional benefits including adoption, surrogacy, and fertility services; student debt assistance; and subsidies for commuting and fitness.

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.