Risk | Financial Risk New York | ALM - Liquidity Risk Management | Analyst | New York
About ING:
In the 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:
Are you interested in understanding how a financial institution manages its funding and liquidity risks? As a Liquidity Risk Analyst, you will help monitor the liquidity position of ING US, analyze emerging risks, and support reporting to senior stakeholders. Working closely with colleagues across Risk, Treasury and Finance, you will gain exposure to key balance sheet and risk management activities. This role provides an excellent opportunity to develop a career in financial risk management while contributing to the financial resilience of the organization.
About the department:
Financial Risk has primary responsibility to provide independent and effective on-site monitoring, controlling, reporting, and assessment of ING US’ market risk positions. The ALM team is part of Financial Risk and is responsible for assessing asset liability management, interest rate and liquidity risk.
Responsibilities:
In this role, you will:
- Monitor balance sheet developments relevant for the liquidity risk profile of ING US.
- Prepare, review and analyze business-as-usual and stressed liquidity risk metrics and monitor these against the risk appetite of ING US.
- Support the preparation of liquidity risk reports for senior management, committees, and key stakeholders.
- Contribute to the enhancement and documentation of the liquidity risk metrics, methodologies, reports and processes.
- Collaborate with key stakeholders, including Group Treasury, Finance, Financial Markets and the business lines.
- Assist with the preparation for regulatory examinations, SOX, model validation and internal audit reviews.
Qualifications and Competencies
To succeed in this position, you will need:
- A bachelor’s or master’s degree in finance, economics, or a similar quantitative field.
- Some experience or proven interest in banking and liquidity risk management is a plus.
- Strong attention to detail and ability to deliver under deadlines.
- Excellent written, verbal and analytical skills with the ability to translate data into relevant information for management.
- Experience with data analysis tools (Excel, Python, Power BI, etc.) is preferred.
Salary Range $79,000-100,000
The salary range listed reflects base salary only. This role is eligible for participation in a discretionary bonus program.
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.
Skills Required
- Bachelor's or master's degree in finance, economics, or a similar quantitative field
- Some experience or proven interest in banking and liquidity risk management
- Strong attention to detail and ability to deliver under deadlines
- Excellent written, verbal, and analytical skills
- Ability to translate data into relevant information for management
- Experience with Excel, Python, Power BI, or similar data analysis tools
What We Do
ING is a pioneer in digital banking and on the forefront as one of the most innovative banks in the world. As ING, we have a clear purpose that represents our conviction of people’s potential. We don’t judge, coach, or tell people how to live their lives. However big or small, modest or grand, we empower people and businesses to realise their vision for a better future. We made the promise to make banking frictionless, removing barriers to progress, and make people confident in their financial decisions. As a global bank we have a huge opportunity – and responsibility – to make an impact for the better. We can play a role by financing change, sharing knowledge, and innovating. Being sustainable is in all the choices we make—as a lender, as a partner and through the services we offer our customers
