Senior Analyst Capital Management

We are looking for an Senior Capital Management Analyst to strengthen the Balance Sheet & Capital Management department within Group Treasury.

The team

Group Treasury has the responsibility to ensure that ING’s capital, funding and liquidity positions are adequate at all times, commensurate with ING’s consolidated businesses and their plans, both in a business as usual situation as well as in stressed situations. It is acting as ING’s window to the market to hedge market risks, to raise both long and short term debt instruments and to actively manage ING’s high quality liquid asset buffer.

Capital Management is tasked to optimize ING’s capital and debt position in order to meet regulatory requirements, while supporting business growth, ensuring coupon payments and rewarding shareholders in line with ING’s dividend policy. The department is the gatekeeper of all internal capital flows and acts, in close cooperation with other departments within Group Treasury, as the execution arm of the board on market transactions to secure the capital supply necessary for implementing all strategic initiatives.

Furthermore, the department advises the Board on dividend policy, capital allocation, contingency planning, cost of capital as well as many other strategic priorities.

Roles and responsibilities

You will be working in the Capital Management team, where your role will include:

• You are THE specialist on Capital Optimisation initiatives: This entails identifying portfolios that attract/require unnecessarily high Capital/RWA. Inefficiencies could stem from new regulation, data quality or simply risk/return considerations. Your role is to ensure these impacts are identified, allocated to the business and are resolved/mitigated. Tools may include changing the balance sheet / asset mix, Significant Risk Transfers, active collateral management, guarantees or simply data quality initiatives.
• You will be responsible for everything on how we allocate and invest capital, charge entities for allocated capital, as well as keep track on the physical (cash) capital. This also means that you monitor the Capital Books and the resulting P&L.
• You set the guidelines around Interest Rate and FX Risk to capital, be involved in the capital investment process and its impact on our P&L.

How to succeed

We hire smart people like you for your potential. Our biggest expectation is that you’ll stay curious. Keep learning. Take on responsibility. In return, we back you to develop into an even more awesome version of yourself.

As a Senior Analyst you have the following traits and experience (must have):

• Extensive track record in Capital Optimisation initiatives
• Has worked in a similar role for a large European bank
• Strong stakeholder management skills (e.g. experience of running Projects)
• Extensive knowledge of risk models
• Excellent / native level in written English

In addition (nice to have):

• Master’s degree in finance or econometrics, with above-average academic grades
• >8 yrs of work experience in Treasury, Risk Management or Finance
• Some experience in ‘Capital Allocation’
• Some knowledge on Economic Capital
• Knowledge on database and some basic programming skills
• Independent
• Be a step ahead, anticipate potential problems
• Strong analytical skills
• Structured way of working
• Ability to communicate complex concepts and ideas both verbally and in writing
• Excellent interpersonal skills, multicultural awareness and sensitivity

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:

• 24-27 vacation days depending on contract
• Pension scheme
• 13th month salary
• 8% Holiday payment
• Hybrid working
• 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.