Financial Risk Specialist

As risk managers, we operate in a challenging and dynamic work environment. To succeed, we need the best people with the right skills and mindset. Are you an analytical thinker with the ability to create, challenge and improve risk measurement and monitoring processes? Then you might be our new colleague.

ING is looking for a Financial Risk Specialist to strengthen the Treasury Risk Chapter of Financial Risk.  In this role, you will be responsible for measuring, analyzing and monitoring financial risks in the Treasury portfolios of ING, as well as contribute to regulatory and internal change projects that affect the risk measurement and oversight of Treasury business function. You will be keeping close contact with the Treasury dealers and colleagues from different departments such as Financial Risk, Finance, Model Development / Validation, COO and IT. We are looking for a new colleague who is able to connect and communicate clearly with different type of stakeholders, who has a pro-active attitude, a willingness to investigate and learn new things, and continuously look for improvements within the team and work domain.

Scope and Main Role of the Department

The Financial Risk (FR) department is a head office function that sets and controls financial risk strategy across the organization. The department provides strategic guidance on financial risks across divisions (trading book, banking book and balance sheet risk), safeguards regulatory compliance as well as capital and liquidity adequacy.

The Treasury Risk Chapter falls under Financial Risk / Banking Risk Management Tribe. This Chapter is responsible for globally heading the functional country steering and oversight of Treasury risk. The team also acts as local risk manager for the Treasury activities in Amsterdam. We cover a wide range of subjects within the Treasury Risk Chapter. Below a quick summary of what our work involves:

• active steering of the banking book risks in the Treasury domain, with a focus on open market risks (interest rate, credit spread and foreign exchange risks)

• advice & challenge Treasury business on their hedging & investment decision as well as reviewing their impact on all the internal & regulatory risk limits

• ensure Treasury risks in ING units are identified & measured/monitored within the internally set risk appetites, in compliance with the ING internal policies and regulatory requirements

• coordinate & execute regulatory & internal changes in Treasury target operating systems

Your work environment

Treasury Risk Chapter is a head office based, young, energetic & international team consisting of 8 FTE’s. The team has an open, informal atmosphere and a strong focus on ‘getting the things done’ mentality. Unlike traditional banks, we work according to agile principles where we plan our work into manageable pieces by means of bi-weekly sprint plannings.  You have the opportunity to keep learning, take on more responsibility and challenge yourself in this team.

Who are we looking for

Candidates should have strong analytical skills and the ability to create, challenge and improve risk methodologies and monitoring processes. Candidates with relevant experience in Trading / Treasury front office, risk management & product control (market/treasury/ALM) roles will have our preference.

Your profile

• A university degree in economics, econometrics or other finance/quantitative subjects

• Relevant work experience (max 4 years) preferably within the banking sector

• Good knowledge of market risk with a focus on open interest rate and credit spread risks

• Good functional understanding of the financial product groups IRD, FXMM and Fixed Income

• Good communication skills & a real team player with a pro-active attitude

• Result-driven and able to push things forward in a persistent and constructive manner while remaining flexible towards changing situations

• Able to manage different stakeholders and navigate through different cultural environments

• Well structured, highly adaptive in a fast paced dynamic environment

• Excellent command of English, both verbal and written.

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:

• A gross salary between € 4.367,65 and € 7.088,63

• 24-27 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.