ING Group Treasury (Balance Sheet & Capital Management) is looking for a senior that has broad experience in developing and rolling out economic capital solutions and frameworks within large international banks.
You enjoy the process of problem solving, are result driven and recognize areas of improvement and iterate and innovate to improve?
In this role you work closely with a broad set of stakeholders (Risk Management, Finance, front office) with the aim to successfully embed economic capital concepts throughout the organization.
You understand the complexities and challenges of the models and can challenge the status quo. You understand the benefits of using economic capital based solutions and are able to sell the concepts throughout the organization with the aim to materialize on the benefits the economic capital framework brings.
The role is based in Amsterdam, however you will have exposure to the full ING network.
What you’ll do
Key responsibilities of the senior Economic Capital Analyst :
Assist in implementing and developing an Economic Capital frameworks consistent with the company’s financial risk strategy and risk appetite
Understand and challenge adequate economic capital models and risk management processes and procedures consistent to institution’s risk management framework
Challenge the Internal View’ on Capital
Define the standards surrounding the economic capital framework and ensure consistent rollout throughout the organisation
Contribute to defining the Risk Bearing Capacity ( Economic Capital Stack)
Translate the Economic to the Normative Perspective
Find user cases for the Economic View throughout the organisation
Improve processes and methods for ICAAP and economic capital management
Contribute to the integration of economic capital models into ERM frameworks
Understand and challenge the institution specific risks and their aggregation
How to succeed
University degree in an analytical, or quantitative related field of study
8+ years of relevant work experience in a large financial institution
Relevant work experience with economic capital frameworks and its implementation complexities
To take decisions at tactical and / or strategic level and therefore build a trusted relationship with senior management level
To be a team player : we expect from you that you have a valuable contribution to the team goals
Ability to interact and persuade at all levels within the organization, attention to detail and strong analytical / problem solving skills
The ability to act and perform successfully in a fast-moving international environment
Prior experience / interaction with the competent authorities and relevant working experience with models is highly desirable
What do we offer?
A job from 36 or 40 hours and 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 :
A salary tailored to your qualities and experience
Flexible working hours and the possibility to work at home
A reimbursement for travel expenses
24 vacation days with a 36-hour working week and 27 days with a 40-hour working week
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
Want to apply directly? Please upload your CV and motivation letter by clicking the Apply button. We are looking forward to meeting you!