Asset & Liability Management Professional

ING is looking for an ALM professional in the Financial Risk Network Team within ING Risk Management.

Mission & Dimensions

Financial Risk department is a head office function to set and control financial risk strategy across the organization.. The department provides strategic guidance on financial risk (credit, trading, and balance sheet), safeguards regulatory compliance, is responsible for model development for banking, trading and credit risk and acts as risk manager for the Global Treasury.

The Financial Risk Network team is responsible for the Financial Risk monitoring of ING locations worldwide by executing global functional steering, maintaining oversight and coordination. Additionally, Financial Risk Network is model owner for behavioural and replication models used for measuring and managing interest rate and liquidity risks in the commercial books such as for mortgage prepayments and savings modelling and their replication.

Main activities of the team include:

• Supporting and challenging ING locations worldwide;
• Performing country reviews, periodic asset and liability reviews;
• Model Lifecycle Management and parameter reviews;
• Monitoring alignment to financial risk standards;
• Liaising between location and head office in case of unexpected events;
• Review of risk and control self-assessments;
• Risk Appetite monitoring.

Job description

The key activities for the Financial Risk Manager role are:

• Monitoring financial risks;
• Portfolio risk monitoring and analysis;
• Coordinate, challenge & perform financial risk analysis and assessment;
• Global oversight and coordination of Financial Risks within the Bank;
• Performing periodic asset and liability reviews;
• Prepare advice on management of financial risk;
• Support Risk Appetite and limit setting, allocation and monitoring;
• Participation in (change) projects;
• Support design and roll-out of risk frameworks throughout the bank;
• Propose principles & minimum standards for Financial Risk;
• Maintain close relationships with ING offices worldwide.

Work experience & skills required

• >3 years knowledge of risk management and financial products;
• Fluent in English;
• Academic level, preferably in Economics/Econometrics/Finance or Quantitative specialization;
• Working with presentations, ability to present complex content in easy and transparent way; 

Personal qualities & behavioural traits;

• Strong analytical skills (breakdown of complex issues in manageable pieces);
• Good communication skills;
• Able to identify problems
• Result-driven and able to push things forward in a persistent and constructive manner;
• Able to manage different stakeholders and navigate different cultural environments;
• Decisive and resilient;
• Changeable and flexible, able to act swiftly in changing situations;
• Well structured, autonomous, highly adaptive, flexible team player;
• Thrive while working in a fast-paced, dynamic environment.

Furthermore, you adhere to the ING values and it is evident for you that your behaviour is fully aligned with these values. You are also prepared to take the Banker's Oath.

What we offer

A unique offer that fits in with the times of today. We take into account your home situation and your ambitions and help you to balance work and private life. Discover yourself our employment conditions.

To give you an idea, we will tell you about the benefits of working at ING:

• Great international career opportunities

• A salary tailored to your qualities and experience

• Flexible working hours and the possibility to work at home

• Reimbursement for travel expenses

• 24 vacation days with a 36-hour working week. If you work 40 hours a week, you will receive 27 vacation days

• Pension scheme

• 13th month salary

• Individual Savings Contribution (BIS), 3.5% of your gross annual salary

• 8% Holiday payment

• Personal growth and challenging work with endless possibilities to realize your ambitions

• An informal working environment with innovative colleagues who strive for the very best

• Progressive way of working according to the Agile method, so that new ideas come to life

About us

With around 52,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to make a difference. We hire smart people like you for your potential, not your past. Our biggest expectation is that you’ll stay curious. Keep learning. Take on more responsibility. In return, we’ll back you to develop into an even more awesome version of yourself.

If you want to work at the cutting edge of what’s possible, surrounded by progressive, inspiring and supportive colleagues, there is no better place to invest your talents than at ING. Join us. Apply today.

ING was named “Best Bank in the World” in 2017 and is on the forefront of digitalization in the banking sector. The changing landscape for banking requires staff that continuously develops. ING has an extensive training program, that covers both in house and external training, next to training on the job by senior staff.

The Financial Risk function has oversight of the financial risk developments within the banking group, and many interaction with business, finance and other risk functions, which makes that newcomers will quickly get to know the ING organization.

Questions?

Contact the recruiter attached to the advertisement for more information. Want to apply directly? Please upload your CV and motivation letter by clicking the “More information” button.