Product Owner – FM Competitive Pricing – IPA Trade Store @ING Hubs Romania

Discover ING Hubs Romania

The Mission

Financial Markets (FM) is the Bank’s gateway to the professional markets around the world. Our primary function is to service the needs of ING’s clients with products, services and guidance. FM aims to be a significant player in our market leader and challenger markets, with an additional presence in all the major international markets and specialist expertise in selected emerging markets and products.

Within FM, in Competitive Pricing area, we have ING Pricing Architecture (IPA) platform, which consists of multiple components that enable real-time and batch calculations of financial risk metrics and simulations (e.g. XVA, PFE, Value at Risk, Expected Shortfall, Bilateral Margining, pre-deal derivatives Pricing) which are driven by new banking regulations as well as advanced Risk analysis on the derivative product portfolio of Financial Markets (interest rates, credits, foreign exchange). This platform is in the heart of the IT landscape for our global dealing rooms and risk managers in Asia, Europe and Americas, with aprox. 30 scrum teams spread across 4 locations (Amsterdam, Brussels, Bucharest and Singapore), cooperating to evolve it towards target ING Financial Markets IT vision.

In particular, IPA TradeStore squad’s main purpose is to build and consolidate the centralized trade store within FM Competitive Pricing, by capturing trades from a variety of Deal Capture systems used by the FO/Trading & FO/Sales divisions. The trade data is afterwards consumed by both pricing and risk engines integrated within the platform, or by risk and analytics reporting system.

Your day to day

Even if you’ll start your day from the comfort of your home or drink your morning coffee in our office’s garden, your day will be quite similar when comes to tasks. Together with your customer journey expert colleagues in Bucharest, Amsterdam, Brussels and London, you will:

• Combine market and system knowledge, product management, and business expertise to take a leading role in successfully delivering change initiatives.

• Be the interfacing function between various stakeholders (trading, sales, Ops, risk, IT, markets, and software vendor partners) to understand the challenges and identify how technology and process can be used to solve them

• Represent the voice of the business to the squads

• Support efficient change by providing impactful analysis on cross domain, end-to-end, complex environments

  • As Product Owner:

    • Create, maintain and own the product vision and regularly share it with the stakeholders and the engineering teams (creative and open to collaborative ideas, excite, motivate, enthuse the team, instill confidence, live and breathe the product vision)

    • Be a partner of the squad and be part of the process (be at the standup, plannings, drive refinements, fully engage with the dev cycle, be there for the team when they need you)

    • Lead your squad’s discovery and delivery roadmap: order and prioritize product  backlog feature and stories, identify issues and mitigate solutions. Love your backlog (know the backlog inside out, groom it regularly, keep it prioritized)

    • Partnering with the stakeholders, Product Area Lead, Product Managers and peers (representatives of other squads) to create and maintain a product backlog according to business value.

    • Establish and maintain strong (sustainable) relationships with key stakeholders, focused on a clear understanding of their challenges and opportunities.

    • Work closely together with the Product Manager, domain/enterprise architect, technical leads, Customer Journey Experts and other Product Owners, by contributing to the strategy & vision within Financial Markets - ING Pricing Architecture – Trade Store component.

    • Ensure deliveries meet the expected deadlines

    • Perform collaborative refinements by getting the team involved regularly and working together

    • Clarify technical and functional business requirements within multiple projects.

    • Providing the purpose, context and direction to the team from both business and technical point of view, always taking into consideration the product goal and mission.

    • Providing an active role in mitigating impediments impacting successful team completion of Re-lease/Sprint Goals.

    • Write clear Acceptance Criteria for both business and technical items, write tests cases and validate implemented solutions.

    • Manage cross-squad dependencies to ensure an end-to-end delivery and support them in the delivery process.

    • Deepen team’s knowledge to contribute to a rewarding customer experience.

    • Think iteratively (lean) and have technical empathy (understanding) in order to deliver incremental value (vertical slices) and have a smooth iterative delivery process

• Structure, simplify and solve issues on processes and systems

• Provide process design and visualisation

• Participate/Lead end to end refinement and solution design sessions

• Work independently and ensure that implications of decisions are thought through and get addressed

• Be able to have a good end-to-end vision and manage complexity

• Keep track of and analyze market and competition developments

• Lead, guide and inspire others in specific areas and manage the preparations and commitments regarding deliverables

• Create an environment of open dialogue that encourages expertise development through collaboration and idea-sharing, in which colleagues take responsibility, help each other to be successful and remain a step ahead

• Train and coach involved parties, ensuring understanding, adoption, and proper implementation of proposed solution(s)

• Accumulate and collect knowledge, keep it up to date and make it accessible for re-use. Take initiatives for sharing knowledge

• In case of an existing product/market, also take care of the further development of a product by initiating new Epics, Features and Stories.

*Considering that you’ll work closely with other teams from the ING group, occasional international travel might be required

What you’ll bring to the team

• Experience: 5+ years background in Financial Markets and/or Treasury

• Skills/knowledge of the following concepts/ technologies:

  • Experience in Financial Markets and/or Treasury

  • Experience in Risk Management is a plus

  • Familiar with the Financial Markets regulation is a plus

  • Experience with working in Agile/Scrum

  • Experience working as a Product Owner / Project Manager in a software development environment is a plus.

  • Proven ability to define a set of requirements that pinpoint business challenges and identify technical and business changes required to address them – a plus

  • Ability to communicate clearly and concisely across different software development and the business teams.

  • Problem-solving mentality

  • A person that takes timely and informative decisions.

  • Good communication skills (in English), communication and presentation skills (telling – selling) across different skill and seniority levels

  • Naturally collaborative person and eager to propose creative solutions to problems

  • Flexibility and adaptability to a changing environment

  • Experience with product and service management and processes

  • You enjoy working in a diverse and multi-cultural environment, you trust others and can be trusted

  • You strive to bring fresh ideas to life and embrace challenges in a fast changing and complex environment

• Foreign languages: English (excellent level)

• Education: Completed education at Bachelor/Master level

If you want to deep dive into the processing of personal data conducted by ING Hubs Romania during the recruitment process and your rights related to it, read the privacy notices on our website (make sure to scroll until you reach the Data Protection section/ Candidates tab).