CCR Portfolio Risk Management has been established to bring together portfolio risk management and oversight and will cover ongoing portfolio monitoring and deep dives, stress testing, wrong way risk, transaction analysis and establishing a Risk Appetite Framework for CCR.
It is a dynamic team of risk managers combining both market and product knowledge with complex risk measures.
Specific Tasks and Responsibilities
Support on initiatives to align the firm’s CCR framework with industry best practices and regulatory requirements. Serve as a subject matter expert on ECB findings and BCBS guidance regarding CCR.
Continuously monitor exposure driving asset classes and credit events in global markets to assess portfolio risks, ensure timely risk insights and proactive risk management.
Use market assessments to produce thematic portfolio deep dives including wrong way risk, concentration & correlation risk and Sector/Single Name/Transaction analysis.
Leverage and enhance CCR stress testing framework to assess portfolio vulnerabilities and inform daily risk management decisions.
Understand the application landscape, key input data, and exposure metrics related to CCR. Use this to identify key risks and to prepare and coordinate materials for management committees, internal audit and regulatory engagement.
Drive discussions with Credit Exposure Group, Model Validation, IT, Front Office, Collateral Mgmt, Risk, Legal, and other key stakeholders to identify, prioritize, and resolve CCR issues, ensuring alignment on risk appetite limits and enhancing the overall CCR framework.
Maintain awareness of model developments and IT system implementations to ensure change projects remain on schedule and achieve desired outcomes.
Represent the CCR team in firmwide initiatives, including new product approvals.
Specific Knowledge and Experience
University degree in Business, Finance, Statistics, Economics, Econometrics or a comparable field
2-4 years’ experience in a counterparty risk role within a banking institution.
Deep product knowledge across fixed income, equities and commodity markets.
Strong knowledge of the CCR regulatory landscape and industry best practices.
Excellent communication skills to confidently engage with cross functional teams and provide an effective 2nd line challenge to the business.
Programming knowledge is seen as an advantage.
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:
25-28 vacation days depending on contract
Pension scheme
13th month salary
8% Holiday payment
Hybrid working
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.
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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
