TS Balance sheet manager

Are you passionate about the balance sheet management and its challenging dynamics? Do you have strong delivery capabilities and excellent stakeholder management skills? Are you eager to solve complex puzzles and explain the essence in a simple manner to various audiences? Do you want to thrive in a fast-paced and cutting-edge environment? Then join the Wholesale Banking Transaction Services Balance Sheet Management team to further boost your career!

Who are we?

Transaction Services is the power engine of ING’s Wholesale Banking business, offering a suite of products and services to corporate and institutional clients across our global network. We are a top 3 transaction bank in the Eurozone, with deep product and market expertise and a market-leading cash pooling proposition. We are at the core of our clients’ value chains and through fostering deep relationships and delivering relevant products and services, we stay relevant to our clients beyond the daily. We offer products such as:

• Payments & Cash Management, enabling our clients to route their payment and collection flows, ensuring that salaries are paid, obligations to suppliers and taxes are met and clients/ customers can settle their invoices.
• Liquidity Management services, enabling our clients to optimize their domestic or international flows and working capital.
• Working Capital Solutions, leveraging and optimizing the cash conversion cycle of an organization.
• Trade Finance Solutions, supporting clients with documentary trade requirements.

And we do this amid the rapidly changing external environment, in which technology and the macro-economic conditions are evolving at pace.

Meet the Balance Sheet Management team

The Balance Sheet Management (BSM) team is all about bringing client demand and bank demand together. Acting in the first line, our purpose is to commercially optimize the TS balance sheet with flows coming from our businesses Trade and Payments, Cash Management, through which we can offer more competitive client products vs our competitors. We advise on, and are actively involved in, various balance sheet themes of strategic importance to TS like (but not only) our product and pricing strategy; client behaviour modelling and hedging strategy; analysing and forecasting our P&L; deep client advice and give trainings. Currently, the BSM team consists of 6 experts; the team report into the TS head of Strategy and BSM and we are based in Amsterdam.

Your key responsibilities

As our new colleague within the BSM team you have direct impact on the Wholesale Banking clients and revenues in the Transaction Services (TS) value chain:

• Developing data driven analysis to identify new opportunities and to ensure a sustainable profitability
• Reviewing and creating quantitative methods and models used in steering the balance sheet and P&L of WB TS
• Developing new and improved TS propositions and prices
• Executing changes, including for example the communication towards clients and stakeholders
• Share knowledge with colleagues and other stakeholders within the TS organization

We are looking for

Our ideal candidate brings energy to the team and is focused on making impact in a multidisciplinary team, handling many stakeholders. You can oversee the holistic impact, but you also zoom in into the details to make sure nothing is missed. With strong communication and presentation skills, you could discuss and present our goals and initiatives to our stakeholders from different levels. Further, you prefer a project-based way of working.

Preferably you have:

• Master or PhD degree in (quantitative) finance, economics, econometrics, mathematics, or similar studies
• 4-8 years of relevant working experience in financial risk management, (strategic) balance sheet management and/or ALM (modelling)
• Strong analytical skillset, combined with excellent storytelling
• Commercial mindset, eager to further grow the organization
• Effective communication skills towards different target groups (customers, internal stakeholders)
• Fluent verbal and written English skills

Rewards & benefits 

We want to make sure that it’s possible for you to strike the right balance between your career and your private life. You can find out more about our employment conditions here.  

The benefits of working with us at ING include: 

• A salary tailored to your qualities and experience
• 36 or 40 hour workweek
• Individual leave: 24+2 individual holiday days based on 36 hr workweek
• Diversity leave: 3 days per year (1,5 paid, 1,5 unpaid)
• CSR days: up to 2 days per year to actively engage in society by volunteering
• 13th month salary
• 8% Holiday payment
• Individual Savings Contribution (BIS), 3.5% of your gross annual salary
• Mobility card (free travelling in the weekends)
• Attractive pension scheme
• Hybrid working to blend home working for focus and office working for collaboration and co-creation

Questions?

Contact the recruiter attached to the advertisement for more information. 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.