Director, TMT/Digital Infrastructure Coverage

Sectors | TMT | Director, TMT/Digital Infra 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:

We are seeking to recruit a senior and seasoned TMT sector banker with well-established client relationships who would enjoy working in dynamic environment, within 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 TMT colleagues), and with other teams within the organization.

The banker is responsible for covering all Technology, Media & Telecom verticals, with focus on Digital Infrastructure, and shall be able to originate deals addressing various sources of financings from construction to operation and stabilized assets. Close cooperation with Capital Markets teams including securitization, private placement, debt capital markets as well as additional advisory and other investment banking products Is critical.

The role requires an experienced banker who can work with little or no supervision in managing and expanding an active portfolio of corporates and sponsors, supported by junior sector bankers and extensive product coverage.  TMT sector knowledge and/or prior TMT sector experience, good credit grounding and knowledge of 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, deliver superior customer experience by identifying and coordinating the delivery of strategic financial products, manage an international network and contribute effectively to the growth strategy for the sector/region.

About the department:

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 orchestrating the delivery of wholesale banking solutions including financing, advisory services, financial market solutions, transaction services and M&A through its teams based in Asia Pacific, Europe and the Americas.  In the Americas region, the team is based in New York, and it is one of the growth engines of the region, which, by its turn, it is amongst the fastest growing region of the firm.

Responsibilities :

• The successful candidate is expected to formulate client strategy and develop / manage client relationships in the TMT sector, working with other team members, including product specialists, to help with origination of new business with portfolio companies and sponsors, ongoing client relationship management, monitoring, maintaining and expanding their 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. 

Qualifications and Competencies

• 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

Salary Range $250,000-$300,000

In addition to comprehensive health benefits, a generous 401k savings plan, and competitive PTO, ING provides a broad array of benefits including adoption, surrogacy, and fertility services; student debt assistance; and subsidies for expenses associated with 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. We celebrate these differences and rely upon your unique perspective to innovate and seize new opportunities. Come as you are.

ING Bank does not have a commercial banking license in the U.S. and therefore not permitted to conduct a commercial banking business in the U.S. Through its wholly owned subsidiary ING Financial Services LLC, and its affiliates, it offers a full array of wholesale products such as commercial lending and a full range of FM products and services.