About ING :
ING’s purpose is Empowering people to stay a step ahead in life and in business.’ Every ING colleague contributes to that vision.
We champion self-reliance and foster a collaborative and innovative culture. The Orange Code is our global manifesto for how we stay true to our purpose and our tradition of reinvention and empowerment.
It is made up of ING Values (we are honest; we are prudent; we are responsible) and ING Behaviours : (you take it on and make it happen;
you help others to be successful; you are always a step ahead).
For us, success will only be achieved if we act with Integrity.
Some companies see diversity as a box to be ticked. We see it as fundamental to our success and we encourage a proper work / life balance.
At ING, you will be judged on your performance in line with the Orange Code. And that’s a promise.
The FI / FM Risk department is a central part of ING’s risk management framework, with primary responsibility for assessing, monitoring and managing the risk of all financial markets trading books, financial institutions and financial markets.
FI / FM Risk Management is independent from the revenue generating divisions and reports to the Firm’s Chief Risk Officer.
The local FI-FM Risk function is responsible for market risk management and product control of the trading books as well as counterparty credit risk management.
Measure, monitor, analyze and report P&L of the trading books daily.
Measure, monitor, analyze and report market risk of the trading books daily.
Measure, monitor, analyze and report funding and liquidity risk in trading books.
Ensure that controls are in place for complete and accurate monitoring and reporting of P&L and Risk.
Perform price testing at least on a monthly basis.
Determine valuation adjustments, if required, as a result of uncertainty in market parameters.
Take ownership of Valuation Adjustments, price testing, and front-to-back reconciliation of P&L.
Prepare P&L related market commentary as required by internal policies.
Perform stress testing and analyze results.
Perform pro-active risk management by providing analysis and advice to FM.
Perform key control testing for FM in the monthly framework as it relates to internal / external audits and SOX control reporting.
Take ownership of assets, systems, parameters, LCSs.
Participate in special projects as required.
Ensure adherence to Financial Risk Policies, procedures and guidelines.
Manage relationships with all relevant stakeholders.
Bachelor’s degree in Business, Finance or other relevant field of study
3-4 years of relevant working experience
Strong quantitative and analytical skills and solid understanding of financial analysis / econometrics
Basic knowledge of Financial Markets credit and derivative products
Ability to perform under pressure and react / reprioritize quickly
Good written and verbal communications skills
Detail-oriented with a commitment to quality and control
Proactive and team player
Proficient in Microsoft Excel, VBA, Access
Basic knowledge in data base tools including Access, SQL as well as other programming languages including Python