(Bank) Financial Markets - FM Business Manager

Business:            Financial Markets

Position:            FM Business Manager

Reporting to: Head of FM

Branch:               ING Bank N.V., Seoul Branch

ING Bank

ING Bank covers Wholesale and Retail Banking in Asia Pacific. Our Wholesale Banking business is present and active in 11 major economies in the Asia Pacific, namely Australia, China, Hong Kong SAR, India, Indonesia, Japan, Philippines, Singapore, South Korea, Taiwan and Vietnam.

Overview

Support FM Seoul's day to day business and growth plan under internal/regulatory guideline and risk monitoring

Responsibilities

As FM Business Manager, your tasks and responsibilities will principally be:

• Support preparing business plans/strategies
• Coordinate the Product Approval Process with various stakeholders for implementation of new products or entry into new markets
• Monitor and prepare periodic reports financial and non-financial risks and incidents (Risk Acceptance, Conduct and FO Supervision)
• Participate KMM/KRC/NFRC/ICC for FM related issues
• Perform Annual PCF testing
• Incorporate new procedures/policies and update/review such procedure and policies
• Ensure FM activity is compliant with local/ global regulation and internal policies and procedures
• KYC for FM Clients and Counterparties: Take PAM/LAM Role for FM Mono accounts and CCP, Monitor CDD/ODD status along with KYC team and FMCC, and liaise with PAM/SALES/CDU/Client Outreach/MLRO
• Support KTB trading and FI client business with Seoul traders and offshore sales/clients
• Liaise with FM/GT and IT team for Projects/ QBR procedure

Person Specification

To be considered for this role, the applicant would ideally possess the following pre-requisites:

• Preferred 5-10 years of working experience in Business management or Financial markets(related work experience preferred but not mandatory)
• Fluent in English and Korean, both verbally and written;
• Ability to communicate well and work with people in different department at all levels;
• Proficiency in Excel, MS office, Word, Power Point
• Willingness to learn and participate in activities;
• Open minded and eagerness to challenge;
• Positive and constructive feedback to team members continuously