Covered Bonds & Securitisations Specialist

Functieomschrijving

The Covered Bond & Securitisations team within the Debt & Capital Issuance department is responsible for the management of the Dutch and Belgian Covered Bond programmes, the execution of covered bond transactions in the capital markets and the set-up of securitisation transactions to improve the liquidity profile of the Group.

Furthermore, you will collaborate with Group Treasury’s Balance Sheet & Capital Management team with respect to the implementation of balance sheet solutions for capital, funding, liquidity or risk transfers.

Job description

You will assist with the managing the Dutch & Belgian Covered Bond issuance programs and raise debt in the financial markets. With respect to Securitisations, you will work closely with the Deal Principal as part of a deal team. Alongside the Deal Principal, you will be responsible for ensuring that the entire execution process is efficiently and successfully carried out. Furthermore, you will be involved in projects to optimise the balance sheet structure of the bank.

Your key responsibilities include:

• Assist in the management and maintenance of the Dutch & Belgian Covered Bond issuance programs with the objective of becoming the main point of contact for both internal and external stakeholders for a specific program (depending on your level of expertise).
• Maintain the various issuance programs from a documentation & approval point of view.
• Keep oversight of the asset pools needed to support secured issuance in close cooperation with the portfolio management teams in the Netherlands and Belgium.
• Assist in ensuring ING’s presence and market access as an established issuer for covered bonds and potentially securitisations .
• Monitor market & regulatory developments and where necessary implement these changes in the programs.
• Participate / represent ING in market initiatives and/or discuss with other market participants.
• Build and maintain relations with internal & external stakeholders.
• Assist in the global oversight & coordination of ING’s covered bond issuance programs (ING Germany, ING Australia, ING Bank Slaski).
• Liaise with ING’s Investor Relations team to help maintain good investor appetite and take responsibility for covered bond & securitisation matters related to Rating Agencies.
• Assist with the set-up & execution of internal securitisations structures.
• Assist GT’s Balance Sheet & Capital Management department with the implementation of balance sheet solutions for capital, funding, liquidity or risk transfers.
• Maintain close working relationship with Disintermediation & Asset Securitisation team for projects where Group Treasury is Sponsor.

Your work environment

You will be part of a professional and dynamic team where you can make a visible contribution within Group Treasury Debt & Capital Issuance. Other areas within Debt and Capital issuance include the support and development of ING’s current capital and long-term funding franchise transactions.

Debt & Capital Issuance advises senior management, executes and processes transactions, provides input for several reports, engages with investment banks and is involved in debt investor work. In addition, governance related topics are relevant, such as maintenance of ING’s debt issuance programmes and obtaining approvals from internal and external bodies – in some cases for issuing subsidiaries like ING Germany or ING Bank Australia.

Group Treasury’s culture values Orange Code thinking and behaviors and embraces diversity to ensure a more dynamic, well-balanced work environment. You will report to the Head of Covered Bonds & Securitisation. Work location is preferably in Amsterdam to maintain close contact with other head office functions.

Functie-eisen