Senior Transactional Approval & Portfolio Management Expert

About the role

Based in Luxembourg City, you will join a specialized Transaction Approval and Portfolio Management team covering Wholesale Banking, fund finance and Private Banking lending portfolios. The role combines senior credit decisioning, fund finance expertise and portfolio oversight for material client exposures, with a focus on disciplined risk selection, transaction structuring and ING's global risk appetite. You will act as a local credit approval authority and trusted risk partner for complex transactions.

Key responsibilities

• Analyze, recommend, vote on and decide material credit exposures for Wholesale Banking clients, focusing on fund finance, structured lending, defense-related corporates and complex Luxembourg-based opportunities.
• Assess transaction structures, obligor quality, collateral packages, fund characteristics, investor base, covenants, legal documentation and exit or refinancing risks.
• Produce and challenge concise credit opinions, stating key risks, mitigants, ratings, limits, tenor, covenants and risk-return considerations.
• Own portfolio monitoring for assigned exposures, including reviews, covenant compliance, concentration risks, early-warning indicators and watchlist processes.
• Work with relationship managers, product specialists, legal teams, global Transaction Approval colleagues and portfolio analytics teams to ensure consistent, high-quality credit decisions.
• Contribute to sector, product and portfolio reviews and share fund finance, structured lending and credit risk insights.

Required profile

• At least 10 years of experience in credit risk management, transaction approval, fund finance, structured lending, investment banking, institutional client coverage or portfolio management.
• Master's degree in finance, economics, business administration, accounting, law or a related quantitative discipline.
• Demonstrated ability to perform credit analysis, assess repayment capacity and challenge assumptions.
• Experience preparing, reviewing or approving credit memoranda, including ratings, limits, tenor, collateral, covenants and conditions precedent.
• Experience using portfolio data, exposure reports and risk analytics to identify trends and early-warning signals.
• Excellent written and verbal communication in English; French or another European language is an advantage.

Required skills

• Strong understanding of fund finance structures, including subscription-line facilities, NAV or asset-backed lending, investor and collateral analysis, borrowing base mechanics and covenants.
• Credit analysis, analytical, modelling, writing and presentation skills, able to turn complex credit and portfolio information into senior-management messages.
• Ability to engage senior stakeholders and challenge front-office proposals constructively.

What we offer

• A senior, high-impact credit risk role in a strategic growth area with meaningful ownership and delegated decision capacity.
• Direct interaction with senior local and global stakeholders across Risk, Wholesale Banking and specialist product areas.
• The opportunity to help shape the future Transaction Approval model in Luxembourg.