Senior Analyst

Job Description

Product Onboarding is responsible in ensuring all ING Financial Markets business activities are at all times compliant with internal policies and external regulations. As part of the team:

• You are expected to have keen knowledge of financial products, processes and regulations.
• You are able to identify exceptions and address issues independently.
• You are a fast-paced individual who can adapt to ever-changing regulations.
• You have the ability to conduct decision-making in accordance to ING’ Agile Way of Working and with the ING’s orange code

Main roles and responsibilities

• Ensure that client is compliant to all regulatory requirements and ING internal policies (Eg. CDD, FATCA, CRS, W8, MiFID, EMIR, etc) before trading with particular FM product.
• Facilitate in setting up and reactivation of deal capture code in FO/BO systems like Murex, Summit and Bloomberg.
• Liaise and advise front office and other stakeholders (Eg Risk and data Management) regarding missing regulatory requirements to facilitate product onboarding.
• Ensure the product onboarding requests from are processed within the prescribed Service Level Agreements.
• Assist in back office concerns related but not limited to settlement and payments issues of closed deal codes due to non-compliancy in regulations.
• Advise Credit Risk Management team as to what regulatory requirements is missing prior to setting up Pre-Settlement Limits.
• Analyze characteristics of financial markets products to identify the impact in regulatory requirements and regional exceptions.
• Locate and define process improvement opportunities and effectively communicate status and progress to CoE.
• Assist in implementation of new requirements.
• Responsible for continuous update of knowledge assets such as Logbook and WPIs
• Responsible to apply Agile Way of Working in discussing “first time right” and problems encountered within the team and propose effective solution.
• Work closely with CoE, process managers and Bratislava counterparts to achieve BAU success.
• Perform daily and monthly quality checks and reports.
• Proactively engage in the team stand-ups and huddle.