Financial Institution Financing Sales - VP
ING · London, United Kingdom · 1mo ago
Financial Markets is part of the ING Wholesale Bank, which represents all Corporate and Investment Banking activities of ING. We have a global footprint with local reach, deep sector expertise and we play a pivotal role in areas of sustainability and innovation.
FM is the bank’s gateway to the professional markets around the world. In short, we assist our clients with investment and hedging risks by means of derivatives and we distribute bonds, loans, and equities towards investors. The client related business is supported by Trading, Structuring and Research expertise. Our main goal is to help our clients navigate the markets to position them for consistent and stable growth.
Department Overview:
Institutional Sales within Financial Markets provide both flow and bespoke financial solutions to clients. We are functionally structured to reflect the differing needs of our clients. This is enhanced with the specialist non-flow service from the Client Solutions Group.
We transact and offer client solutions in a broad range of products including (among others) foreign exchange, interest rate derivatives, money markets, financing, primary and secondary fixed income and structured products.
This structure enhances cross-selling, improves the flow of market/product information and aims to deepen client relationships through a platform capable of delivering a variety of products to a diverse client base.
Our local footprint of circa 300 salespeople across 28 locations, ensures that sales teams are in close proximity to our clients, delivering global expertise with local insight.
Main Duties and Responsibilities of Role:
A public side financial market sales role focused on delivering Financing (Repo, Money Markets, broader financing such as securitised/structured products) to financial institutions in the UK, MENA and Switzerland.
Sales coverage of existing clients, expansion of the Financing client base, and business growth in cooperation with colleagues across the European locations and globally.
Active support to other London Salespeople
Close collaboration with the eSales colleagues ranging from strategy to the transactional level
FI clients include both hedgers and investors, such as regional and private banks, financial sponsors, insurance companies, traditional and alternative strategy asset managers, Real Money, Hedge Funds etc
Strong Financing knowledge is critical for this position with a sophisticated customer base using both voice and electronic dealing streams. The candidate will need to play an active role in marketing and execution of this business
Expert understanding of price creation and validation for all vanilla and exotic Financing products
Responsibility for day-to-day new client onboarding for the FI team, working closely with the relationship managers and the Front Office Support teams to get all requirements in place in a timely and efficient manner
Ongoing monitoring to ensure all upcoming CDD/KYC/EMIR/MIFID/DF expiries and requirements are managed to prevent any down time in client dealing ability
Work closely with colleagues in Trading to ensure we optimise our capabilities and risk appetite
Experience or familiarity with trade execution through relevant voice and e-Systems.
Outstanding ability to focus on core issues and attention to detail with swift execution in a fast-paced environment
Proactive role in the constructive feedback loop, aiming to continuously improve ING’s tools, methods and way-of-working
Partner with Client Solutions Group and Research in distributing their content, publications and trade ideas
How to succeed
We hire smart people like you for your potential. Our biggest expectation is that you’ll stay curious. Keep learning. Take on responsibility. In return, we’ll back you to develop into an even more awesome version of yourself.
Essential:
Advance knowledge of, and transactional ability, in Financing Products
Fluent in English
Proficient in use of Bloomberg and Excel
Ability to analyse the risks and financing needs of various types of financial institutions
Desirable:
5yrs+ Experience
Fluency in macro-economics is a strong plus
Any other language spoken can be helpful
Python (or other) coding skills
Rewards and benefits
We want to make sure that it’s possible for you to strike the right balance between your career and your private life https://careers.ing.com/en/UKHome
The benefits of working with us at ING include:
Comprehensive health cover, including private medical, dental, vision, health screening and in-person GP appointments
Generous pension scheme and financial protection, including life assurance, income protection, access to pension guidance and will writing services, and an interest-free season ticket loan
Hybrid working and flexibility to work remotely for up to 30 days abroad
Generous annual leave, with the option to purchase additional days and time off for key life events
Wellbeing and family support, including an Employee Assistance Programme, back-up child and elder care, enhanced family leave policies and support coaching for new parents
Lifestyle benefits such as electric vehicle and cycle to work schemes, an on-site gym and access to on-site staff restaurant and barista coffee facilities
Opportunities for personal and professional growth through mentoring, learning, short-term assignments and international career development
Opportunities to build strong connections through volunteering, employee forums and social clubs
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