ING Hubs Poland is hiring!
The expected salary for this position: 7100 - 14500 PLN
The financial ranges specified in the announcement are adjusted and may differ from the range specified in the remuneration regulations.
We are looking for you, if you:- have experience in the financial sector or demonstrate a strong interest and potential to build your career in banking and risk management,
- completed academic education preferably in economics, econometrics, applied mathematics, finance or comparable training,
- have knowledge in the field of Asset and Liability Management and new regulatory developments regarding IRRBB,
- have sound knowledge of risk management and financial products,
- have an excellent command of English, both spoken and written.
You'll get extra points for:
- having quantitative background with excellent understanding of different types of market risks (interest rate, liquidity and FX risks),
- having practical experience with Python and being able to leverage it effectively for data analysis, process automation, and the development of risk management solutions,
- understanding the complexities of a banking group with global operations and having a good understanding of recent regulatory changes and requirements,
- having curiosity and being open to new developments, with the ability to master new material quickly. In addition, you are able to respond effectively to the needs of others in the role of a trusted advisor,
- being a pragmatic problem solver, who can support the implementation of IRRBB risk measures in a dynamic environment,
- being a team player who will add value to the Financial Risk organization within a dynamic environment. You will ensure that the activities you are responsible for will be performed to an exceptional standard,
- excellent command of English, being able to demonstrate negotiation, presentation and writing skills,
- being able to deal with cultural differences, conflicting interests, complex and unforeseen challenges, as well as to constructively cooperate with your peers in building a sustainable, effective and efficient working environment.
Your responsibilities:
- analysis and monitoring of market risk at the ING Group level,
- implementation of regulatory requirements in IRRBB,
- managing models and tools for measuring and monitoring interest rate risk,
- support for senior managers and other stakeholders in managing interest rate,
Information about the squad:
As an Interest Rate Risk Specialist you work in the Interest Rate Risk team within the Financial Risk department. You contribute to the worldwide management of market and liquidity risks that affect ING Group’s consolidated balance sheet.
More specifically, your responsibilities will include
identifying, analyzing, and quantifying the Bank's interest rate risk. Also, together with the other colleagues in your team, you will be responsible for the implementation of new regulations and risk systems for Interest Rate Risk in the Banking Book (IRRBB), the execution of stress tests as well as ensuring a proper life cycle management of relevant models and measurement and monitoring or the applicable interest rate risk metrics.
In this position you have a direct influence on ING's risk management capabilities. You therefore make a concrete contribution every day to further strengthening ING's position as a reliable and expert bank for clients.
Within the Financial Risk department the team analyzes and monitors worldwide market and liquidity risks for ING Bank. Within the team you work in a pleasant and open atmosphere together with very professional colleagues who continually challenge each other intellectually to get the best out of themselves. You get all the space and responsibility to maximize your personal qualities. Working within Financial Risk at ING Bank means working in a highly dynamic international corporate environment where you work together at all levels and with many departments.
The role naming convention in the global ING job architecture will be “Financial Risk Specialist II".
Skills Required
- Experience in the financial sector or demonstrated strong interest and potential to build a career in banking and risk management
- Academic education in economics, econometrics, applied mathematics, finance, or comparable training
- Knowledge of Asset and Liability Management and regulatory developments concerning IRRBB
- Sound knowledge of risk management and financial products
- Excellent spoken and written English
- Quantitative background and understanding of market risks, including interest rate, liquidity, and FX risks
- Practical experience with Python for data analysis, process automation, and risk management solutions
- Understanding of global banking operations and recent regulatory changes
- Ability to implement IRRBB risk measures and solve problems pragmatically
- Negotiation, presentation, and writing skills
- Ability to manage cultural differences, conflicting interests, and complex challenges
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
