Associate in the Hydrocarbons & New Energies team

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 North-West Europe (especially the Netherlands, UK and Scandinavian countries) as well as provide support to other EMEA Energy teams. Occasionally you may be involved with clients and/or transactions in Africa and the Middle East.

The Hydrocarbons & New Energies team covers the “molecule side” of the energy sector. We cover the full spectrum of oil and gas (O&G) exploration and production companies to the Energy  infrastructure space, storage, 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 biogas/biomethane, hydrogen/ammonia, methanol, Sustainable Aviation Fuels (SAF) and other e-fuels and biofuels . Carbon capture, transport and storage (CCUS) solutions are another important area where we want to expand. The team is investing significant time and effort in helping develop these New Energies with tangible results to which we expect you to further contribute.

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. The Energy Sector coverage team in Amsterdam consists of c.30 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.

• 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 (experienced analyst or starting associate)
• 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

What do we offer

We are committed to invest in your personal growth and development.  We offer you the opportunity to further develop your sector knowledge, commercial & relationship management skills and transaction experience. These circumstances provide an excellent opportunity for a talented individual to advance your career in a dynamic and multi-cultural environment.

This is a full-time position for 40 hours a week, based in Amsterdam. The team typically works 3-4 days in the office and 1-2 days from home.

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. Find out more about our employment conditions.

The benefits of working with us at ING include:

• A competitive salary aligned with your skills and experience

• 25-28 vacation days depending on your contract

• Pension scheme

• 13th month salary and 8% holiday allowance

• Individual Savings Contribution (BIS), 3.5% of your gross annual salary

• Flexible working hours and hybrid working options

• A mobility card: choose your mode of transport for commuting each day, with free public transport on weekends.

• Personal growth and challenging work with endless possibilities

• An informal working environment with a diverse group of innovative colleagues

About us
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Questions 
Please visit our Frequently Asked Questions section to find some answers on questions you might have. 

Do you have any questions about the position? Please contact Ilona de Haas at telephone number +31 6 83642432 or by email [email protected].

Do you want to get started in the Hydrocarbons & New Energies team? Then apply directly by clicking on the application button below.