Financial Risk Specialist
Background
ING Bank is rolling out one standard implementation for Interest Rate Risk and Forecasting in the banking books together with the liquidity program. Regulations and internal risk management insights require us to enhance our ALM capabilities to be implemented consistently throughout ING Bank.
The team
We (the LiT Squad) value helping each other, sharing our knowledge in the team, working together on delivering on our promises and reflecting on how we can improve in our work but also personal developments and growth. We are a young, internationally focused team (both in scope of our work and our team composition) and focus on develop new functionality and methodologies for risk management in one target platform (QRM). Our team puzzles out the right balance between conceptual risk management and practical implementation solutions and therefore we find it important that you have strong analytical skills.
Our main objective is to enhance the “ING standard” measurement and configuration for our ALM systems and setup roll-out in all locations ING operates in, such that it enables us to implement liquidity and GT models in our strategic solution QRM.
When joining our team you will work on the implementation of models and model life cycle support in QRM of Liquidity as well as the GT products. Also, you will be valuable team member for all models together with the MRM, GT and GF colleagues.
Roles and responsibilities
Implementation of target liquidity models which include:
- Developing the Liq. Reporting within the strategic solution for IRRBB and LIQ Risk
- Implementation of our target model, such as new liq risk model and new GT models
- Developing of the additional liquidity functionalities in QRM
- Onboarding of the new products in QRM
- Coordinate resulting data required functional transformations;
How to succeed
Our future colleague should be an analytical thinker with the ability to create, challenge and improve risk monitoring techniques and measures. The candidate should have a pro-active attitude, willingness to develop and learn new things and continuously look for improvements within the team and tribe is required.
We look for someone with the following skills/profile:
- Collaborates well in a team environment.
- Adaptable person and analytical thinker
- Manages stakeholders’ expectations.
- Proficient oral and written communication skills in English.
- Master’s degree in econometrics, mathematics, economics, finance or similar study.
- Minimum of five years of relevant ALM experience in the banking sector
- Extensive knowledge of financial risk management, relevant regulations on Liquidity risk, Financial markets, treasury products and ALM.
- Proven track record in implementing a ALM system (e.g. QRM) and using SQL in a large Financial Institution.
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 salary tailored to your qualities and experience
- 24-27 vacation days depending on contract
- Pension scheme
- 13th month salary
- Individual Savings Contribution (BIS), 3.5% of your gross annual salary
- 8% Holiday payment
- Hybrid working to blend home working for focus and office working for collaboration and co-creation
- Personal growth and challenging work with endless possibilities
- An informal working environment with innovative colleagues
About us
Curious about how ING empowers people and businesses to move forward? Discover what we do and what we can offer you.
Questions?
Contact the recruiter attached to the advertisement. Want to apply directly? Please upload your CV and motivation letter by clicking the ‘Apply’ button.
Please note, multiple interview steps involving various business stakeholders will be part of the selection process.
