Transaction & Regulatory Expert

Purpose of role

CF&A is one of the Wholesale Banking sectors and services a range of international commodity, food and agricultural clients. The portfolio is diverse, ranging from food companies to players in the mining and battery metals segment. The sector composes of three subsectors being Trade and Commodity Finance (TCF), Food Beverage and Agri (FB&A) and Metals Mining and Fertilizers (MMF), serving clients across the supply chains.

We are a business that is both responsible for origination, and coverage as well as execution of the majority of transactions in our sector. The key focus of the team is to use its sector knowledge to select and develop a client base where we can deploy the bank’s capital effectively with a view to originate high value mandates across the Bank’s product offering (including debt arranging, project finance/advisory, debt capital markets, and financial markets).

We are looking for someone to join our Transaction and Regulatory (T&R) function. As a T&R expert, you will be working closely with the front office teams to provide strong support to the business unit across its business operations, workflow migration, management reporting, data quality and various regulatory requirement.

Your key responsibilities- Supporting the front office staff in execution of all lending and other commercial activities as well as portfolio management.- Monitor and maintain portfolio hygiene across workflows in Risk and Compliance- Ensure timely implementation of changing internal policies and regulations as well as following up on the corresponding remediation plans- Drive reporting on a recurring basis and ad hoc reporting request- Liaise with other departments (Risk, Compliance, Audit, Finance, etc.) with respect to regulatory projects, internal policies and compliance on an ongoing basis.- Maintain data quality, check and analyze the accuracy and timeliness of data, identify critical data gaps, work with system owners to extract the required data and to automate the process.- Ensure appropriate communication with the stakeholders on the task progress.- Identify additional requirements, recommend improvements / process changes.- Monitor and liaise with credit insurance brokers and underwriters to manage overall credit exposures; execute legal documentation; and assist in generating credit packs, credit ratings and financials

Specific knowledge & skills- Bachelor or Academic degree;- At least 1 year of relevant banking experience is highly desirable, e.g. Front Office support, operations, regulatory or KYC/CDD function; ING Wholesale Banking would be preferred;- Relevant lending, credit and other banking product knowledge is desirable; familiarity with the regulatory/lending policies applicable to ING Wholesale Banking is an advantage;- Interest in commodities and intellectually curious;- Familiarity with ING’s data management, systems and stakeholders will be an advantage;- Ability to translate policies/strategies into actionable items, critical thinking towards the identification of gaps and ability to suggest improvements in processes;- IT savvy with data management skills and ambition to develop is an advantage; experience with excel pivot tables and/or PowerBI is desirable;- Organized with high attention to details;- “Take it on and make it happen’ mentality to deliver high quality results and a smooth client experience, under pressure in a dynamic and changing environment;- Ability to work independently, prioritise tasks and take ownership;- Collaborative focus, team builder and team player, strong communication and networking skills;- Excellent oral and written English. Mandarin speaking is an advantage.