Financial Risk Specialist

Are you an analytical thinker with the ability to create, challenge and improve risk monitoring techniques and measures? Then you might be our new colleague. We are looking for someone who is able to connect and communicate clearly both to team members and stakeholders, who has a pro-active attitude, a willingness to develop and learn new things, and continuously look for improvements within the team and tribe is required.

The team

We (the COO Risk Functional Development team) 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 report and calculate the core Risk figures (NII- and NPV-@risk) but also new required interest rate risk measures from our supervisor.

Roles and responsibilities

(Co-lead of and) development of IRRBB measures, implementation of IRRBB scenarios, forecast replication but also NII(-SOT) and EVE (-SOT) calculations:

• analyse risk measurement figures and methods;

• analyse configuration fit and gaps on new functionality;

• coordinate resulting data required functional transformations;

• align and agree with model owners, model development and other stakeholders on the QRM implementation;

• develop new functionality in our target model, such as Future Market Value (FMV) and new behavioural models.

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’ll back you to develop into an even more awesome version of yourself.

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 IRRBB, (ALM) modelling and hedging techniques.

• 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.