The Hydrocarbons & New Energies team within Energy Sector Coverage offers an exciting front office position in Amsterdam for an ambitious professional who enjoys working in an international environment. In this position you actively contribute to driving the energy transition through financial solutions.
The Energy Sector Coverage team is one of the global specialist sector coverage teams and sits at the heart of ING Wholesale Banking. We provide banking services including complex financial solutions to Energy clients in the EMEA region, the Americas and in Asia-Pacific. From Amsterdam you will cover the Netherlands, UK and Scandinavian countries and occasionally be involved with clients and/or transactions in Africa and the Middle East.
The Hydrocarbons & New Energies team covers the full spectrum of oil and gas exploration and production companies to oil-gas infrastructure space, refineries, base chemical producers and related service providers. Although the sector is still dominated by fossil hydrocarbons as feedstock for fuels and materials, clients and prospects are developing technologies and solutions to diversify away from the traditional oil & gas based business models.
Changing client strategies requires a similar change from ING to remain relevant. We see this as a great opportunity that lies ahead of us. We want to support clients that recognize the need to change their business model into sustainable solutions such as hydrogen, e- and biofuels and gases. . Carbon capture, transport and storage solutions is another important area where we want to expand
As an Associate, you will support and work closely with PAMs and/ or Deal Principals (DPs) and play an important role to (i) manage ING’s multi-product relationships with international clients in this fast changing dynamic sector, (ii) originate and structure financial solutions whilst (iii) actively increasing ING’s commitment into New Energies in line with ING’s strategy.
Job description:
As an Associate, you contribute to the origination efforts of the Energy team, working closely with various product specialists across ING, Transaction Management and Portfolio Management. The role also involved regular contact with clients, other banks, technical and legal advisors. In all your activities you will strive to meet client needs in the best way. Activities will be diverse, but your main tasks consist of:
Contribute to formulating client strategies; contribute to building and managing client relationships
Support PAMs and DP with preparing presentations, pitch books and sector analyses.
Analysis of different transaction structures and structuring recommendations on the basis of company nature, financials and forecasts
Preparing business comparables, analysis of debt structures, performance metrics and debt pricing
Assessing and reviewing transaction and client due diligence (together with the team)
Safeguarding timely transaction delivery including the coordination with Transaction management and Risk Management
Coordinating delivery of ING’s product suite through active contacts with other departments within ING such as Sustainable Finance, Financial Markets, Energy Project Advisory, Capital Structuring & Advisory, Debt Capital Markets, Transaction Services, Corporate Finance and Loan Distribution Group
Contributing to achieving sector income, fee, cross-buy, ESG and return targets, and other financial / non-financial KPIs, participating in relevant projects
Keeping up to speed with latest sector developments
Your work environment:
You will be a member of a successful, international, and highly motivated, result-oriented team. Working in the Hydrocarbons & New Energies team means working in a dynamic environment with demanding, market leading clients. Due to the complexity of the assignments and the international nature of your work, your personal development curve will be steep. Energy Sector Coverage NL consists of 26 FTE of which 12 FTE in the Hydrocarbons & New Energies team. While globally, Energy Sector Coverage consists of c. 130 dedicated professionals located in main hubs New York, Amsterdam, Frankfurt, Brussels and Singapore with smaller teams in countries across Europe. In your role you will report into the Head of Hydrocarbons & New Energies NL based in Amsterdam.
Who are we looking for?
We are looking for an ambitious pro-active professional with a positive attitude and strong commercial drive.
Personal profile:
Ambitious professional with a Masters’ degree; An engineering degree would be a plus (e.g. Product and Process Engineering, Chemical Engineering, Complex Systems Engineering)
Circa 1-5 years of working experience
Relationship-driven and people-oriented mindset, embracing diversity and cross-cultural awareness
Curious and strong team player with good communication skills
Experience with corporate or project finance
Strong financial modelling & analytical skills, eye for detail
Affinity with, or experience in the Energy sector
Fluent in English, both verbally and written
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 back you to develop into an even more awesome version of yourself.
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. You can find out more about our employment conditions at https://careers.ing.com/en/benefits-NL
The benefits of working with us at ING include:
A salary tailored to your qualities and experience
A salary indication 5,212 EUR – 8,387 EUR based on 36 hours per week
24-27 vacation days depending on contract
Pension scheme
13th month salary
Individual Savings Contribution (BIS), 3.5% of your gross annual salary
8% Holiday payment
Personal growth and challenging work with endless possibilities
An informal working environment with innovative colleagues
Work Agile, so new ideas come to life faster
About us
With 60,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of what’s possible and at the same time ensure you work with integrity and hold the customer’s interests at heart? Do you want to be surrounded by progressive, inspiring, diverse and supportive colleagues? Then there is no better place to invest your talents than at ING. Join us. Apply today.
Questions?
Contact the recruiter attached to the advertisement for more information. Want to apply directly? Please upload your CV and motivation letter by clicking the “Apply” button. Please note, multiple interview steps involving various business stakeholders will be part of the selection process.
