Finance Associate

Finance | Financial Information Management | Business Support & Financial Markets – Associate | New York

About ING: 

In Americas, ING’s Wholesale Banking division offers a broad range of innovative financial products and services to domestic and international corporate and institutional clients. 

When you come to work at ING, you’re joining a team where individuality isn’t just accepted, it’s encouraged. We’ve built a culture that’s fun, friendly and supportive – it’s the kind of place where you can be yourself and make the most of whatever you have to offer.

We give people the freedom to take risks, think differently, take ownership of their work, and make great things happen. We’re here to help you get ahead. And with our global network, there’s plenty of scope to take your career in new directions, perhaps even ones you’ve never considered. ING Americas follows a hybrid work model, allowing for in-office / work from home flexibility. Hybrid work arrangements vary based on business area.

Sound like the kind of place you’d feel at home? We’d love to hear from you.

About the position:

The team is looking for a Finance Business Partner for Financial Markets to monitor the financial targets and help guide the business in achieving the overall commercial strategy.  There will be constant communication with senior leaders and traders, while also interacting with teams supporting the trading platform in the business support areas (ex. Risk, COO).  There will be ample opportunity to communicate key messages, bring forth new initiatives/strategic plans and utilize independent and creative thinking.  There will also be the ability to interact within the global network to build strong relationships across the Financial Markets network.  From time to time, the role will also involve additional responsibilities related to the broader management reporting landscape.

About the department:

The main responsibility for Financial Information Management is to support ING’s management with financial insights and related advice.  Management Advice has a significant impact on the financial steering of the Americas business and needs to ensure that the advice it provides is based on reliable financial information, focusing on actuals vs. Dynamic Plan (budget) and KPI’s related to balance sheet, income statement, headcount for all front office products and business support.  The team also handles product control for Lending, Capital Markets & Advisory and Transaction Services, while also monitoring all costs for the region.  The team operates as a first line of defense in close cooperation with colleagues from various business lines including for example, finance, business, legal, risk and compliance.

Responsibilities :

• Acting as a business partner on the Financial Markets platform, which requires continuous engagement with FM Management, FM trading desks, Finance and other support teams (CRO, COO, IT)
• Monitoring key performance indicators (KPIs), analyzing data, and identifying areas for improvement. 
• Prepare reports and presentations on trading performance, market trends, and business development activities. 
• Preparation and analysis of the financial results; understanding categorical income, expenses and balance sheet developments
• Prepare quarterly forecasting (reviewed monthly) in line with FM business leaders and recent business performance
• Dynamic Planning (budget) in line with global targets and local initiatives
• Continued development and refinement of financial reporting based on in-depth knowledge of the business needs (actuals/rolling forecast).
• Responsible for presenting ongoing business performance to business stakeholders, which includes:
  • Product monitoring and developments
  • Ad-hoc analysis and analytical reviews
  • Support and measurement of key strategic initiatives
  • Share insights and challenge the existing business performance
  • Collaboration on new business development proposals
• Liaising with local Regulatory team to ensure alignment with best practices and regulation changes

Qualifications and Competencies

• Bachelor’s degree in Finance, Economics, Accounting or related fields
• 3+ years of relevant product control or reporting experience (ex. risk management)
• Deep understanding of financial markets, trading strategies, and relevant regulations (Banks, Broker Dealer and Swap Dealer)
• Ability to identify and resolve complex trading challenges.
• Ability to accurately track and analyze key performance indicators (KPIs) to assess the effectiveness of trading strategies and identify areas for improvement
• Analytical and independent thinking
• Strong stakeholder management skills to navigate different points of view
• Ability to prioritize tasks, manage time effectively, and meet deadlines
• Understanding of financial statements, budgeting, and financial analysis
• Detail oriented and self-organized
• Take it on and make it happen mindset
• Clear and accurate communication, both written and verbal
• Strong skills in using Excel, PowerPoint, and other relevant software (ex. PowerBI, Python). 

Salary Range: $105,000-140,000

In addition to comprehensive health benefits, a generous 401k savings plan, and competitive PTO, ING provides a broad array of benefits including adoption, surrogacy, and fertility services; student debt assistance; and subsidies for expenses associated with commuting and fitness.

ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to race, gender, religion, national origin, citizenship, disability, age, sexual orientation, or any other characteristic protected by law. We celebrate these differences and rely upon your unique perspective to innovate and seize new opportunities. Come as you are.

ING Bank does not have a commercial banking license in the U.S. and therefore not permitted to conduct a commercial banking business in the U.S. Through its wholly owned subsidiary ING Financial Services LLC, and its affiliates, it offers a full array of wholesale products such as commercial lending and a full range of FM products and services.