Product Lead Commercial Finance

Commercial Finance NL is part of Business Banking and provides working capital to clients based on debtors and inventory (asset based). Characteristic for asset-based lending is that the amount of the loan is primarily based on the value of the customers’ collateral as opposed to financing that is primarily based on the firm and its credit worthiness.  

Commercial Finance within ING is active in the Netherlands, Belgium, Poland, and Romania with a combined profitable outstanding of ~ EUR 6.5B, having a strong presence in Mid-Corporate and Corporate markets. Commercial Finance has grown over the past 10 years with a CAGR of 16,5%.

The factoring market is a rapidly growing market globally, enabled by the rise of new technologies. Commercial Finance has the ambition to sustain its growth and extend its portfolio to more digital channels serving SEM and SME clients.

Commercial Finance NL (ComFin) has started a transformation program Factor10 to future-proof its IT landscape and enable further growth opportunities. This includes renewal of its core IT platform, new product development, deeper integration in ING Business Banking customer- and employee journeys and redesigning ComFin towards digital operations.

The team

As Product Lead Commercial Finance Products, you will drive the short- and long-term strategy for ComFin products in ING Netherlands and ING Belgium. In this role you are keen to deliver a set of products that are reliable, scalable, and secure while also providing the best possible customer experience for our business banking customers in the Netherlands and in Belgium.

The purpose of the role is to develop and deliver a cross border product proposition that can be used in all ING countries (focus on Netherlands and Belgium). This person will also be responsible for digitization of products and internal processes and seamless delivery across countries.

Being responsible for the delivery in multiple Product squads (e.g. Origination and In Life), you lead the way to create future proof ComFin products. You cannot do this by yourself since part of your scope is delivered by other tribes and Business lines (e.g. TECH, Business Lending Tribe). Together with them you will create and execute our ambitions.

The Product Lead has a responsibility for the WHAT, as the HOW is the responsibility of the ComFin Product Area Lead. You as a Product Lead will lead a collection of different teams (mostly squads) which have the same or related purpose to develop, implement products to support the achievement of an optimum experience for ING’s customers. In this role you will orchestrate delivery, base your decision on solid data-driven analyses, set priorities based on impact, manage dependencies, and execute the strategy for ComFin.

Your team is located in the Netherlands, and you are working closely with our colleagues of ING Commercial Finance Belux as you are also responsible for delivery of the Factor 10 milestones for ComFin in Belgium. In this role you will report directly to the Tribe lead ComFin. To align business and IT strategy and execution you will closely work together with the ComFin Product Area Lead, who is responsible for the overall coordination of the ComFin Run and Change roadmap, and you will work with the IT Area Lead.

Roles and responsibilities

A natural leader who has the ability to:

• Drive long-term digital and data driven strategy for how the product area will evolve to create an excellent customer experience.
• Display style flexibility to teams and adapt plan, approach and behavior to the different needs and situations.
• Understand and take into account the underlying issues, opportunities and dynamics of the organization with the ability to enhance cross domain, cross business line and cross border communication & collaboration (strong organizational sensitivity).
• Take responsibility, steer strategy and realization based on facts and data, supported by strong analytical skills.
• Empower teams to act autonomously, think out of the box and hold them accountable.
• Simplify complexity and drive operational excellence.
• Support yourself and other team members in learning & development.
• Make an impact through inspiring and energetic leadership.

How to succeed

We hire smart people like you for your potential. Our biggest expectation is that you’ll stay curious. Keep learning. Take on responsibility. In return, we’ll back you to develop into an even more awesome version of yourself.

 With a proven track record and skills:

• Master’s degree.
• Expertise in driving and steering multidisciplinary teams.
• Sound experience in building and delivering (strategic) roadmaps with high impact.
• Great stakeholder management skills to ensure strong alignment internally and externally (interbank, suppliers and regulators).
• Strong analytical skills and data driven approach.
• Solid experience with working in a large organization.
• Affinity with Factoring.
• Experience in product management is desired (incl. market scanning, end to end delivery, risk management, communication).
• Proven experience or strong affinity with the ING Agile Way of Working is a plus.
• Excellent level of English and Dutch.
• 5+ years of managerial experience.

Rewards and benefits

We want to make sure that it’s possible for you to strike the right balance between your career and your private life. You can find out more about our employment conditions at https://www.ing.jobs/netherlands/Why-ING/benefits.htm

The benefits of working with us at ING include:

•  A salary tailored to your qualities and experience
• 24-27 vacation days depending on contract
• Pension scheme
• 13th month salary
• Individual Savings Contribution (BIS), 3.5% of your gross annual salary
• 8% Holiday payment
• Hybrid working to blend home working for focus and office working for collaboration and co-creation
• Personal growth and challenging work with endless possibilities
• An informal working environment with innovative colleagues

About us

With 60,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of what’s possible and at the same time ensure you work with integrity and hold the customer’s interests at heart? Do you want to be surrounded by progressive, inspiring, diverse and supportive colleagues? Then there is no better place to invest your talents than at ING. Join us. Apply today.

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 “Apply” button.

Please note, multiple interview steps involving various business stakeholders will be part of the selection process.