Non Financial Risk - Associate

Risk | Non-Financial Risk | Associate | New York City

About ING: 

Ranked #8 on LinkedIn Top Companies in Financial Services

Crain’s 100 Best Places to Work

Ragan’s Top Places to Work in 2023

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:

Assist Non-Financial Risk (NFR) management in the identification, measurement and mitigation of operational risks, monitoring risks on a regular basis to follow ING Group policies and guidelines, as well as local legislation and regulations.

Your ultimate goal is to effectively challenge the business proactively and guard that ING operates within the risk appetite.

About the department:

The NFR department is a dynamic team dedicated to manage risks around people, processes and systems. We support the 1st LoD in identifying, assessing and mitigating non-financial risks.

We collaborate across all business products and risk/support areas.

Join us to be part of a forward-looking environment where your contributions can make an impact!

Responsibilities :

(best practice- in order of importance- logic to the order) (max 7 points)

• Your primary focus will be on day-to-day deliverables, developing solutions based upon subject expertise, and occasionally representing the department at a broader level.
• From an operational risk point of view, you will be responsible for understanding and assessing INGs business operations, identifying issues and opportunities and collaborating with 1st LoD on the implementation / challenge of appropriate solutions.
• Track incident remediation and ensure lessons learned are embedded in processes.
• Monitor Second Line Monitoring (SLM) for Key Control Monitoring (KCM).
• Monitor Issue and Action tracking, escalating issues where thresholds are breached.
• Challenge and monitor implementation of corporate, local, and applicable regulatory Policies, Procedures and Controls.
• Participate and challenge risk assessments on specific Non-Financial Risk projects and programs.
• Collaborate with stakeholders and risk team to identify emerging risks.
• Participate in innovation projects to advise and challenge on implementation of operational risk controls requirements.

Qualifications and Competencies

• Bachelor’s degree in business, finance or other relevant field of study
• 3+ years of experience
• Microsoft Excel, PowerPoint, Word; GRC systems is a plus
• Demonstrate effective collaboration and teamwork skills to support peers and team members
• Being interested in continuously developing of your expertise and knowledge
• Ability to learn quickly and being pro-active

Salary Range: $110K - $140K

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.