Customer Journey Expert / Financial Risk – Trading Risk Management

As part of the CRO risk organisation, FR-TRM CEG is responsible for Counterparty Credit Risk (CCR) measurement of ING’s global derivatives and securities financing portfolio, both for internal as well as external (i.e. regulatory) purposes.
This includes inter alia the implementation and maintenance of:

• Exposure at Default calculations for internal and regulatory purposes for derivatives as well as securities financing transactions (using e.g. SA-CCR, Financial Collateral Comprehensive Method, IMM)

• Potential Future Exposure calculation, amongst others based on Monte Carlo simulation

• Own funds requirements for central counterparties

• CCR stress testing

• CVA Capital

• Capital calculation and exposure measurement for failed settlement transactions

We are looking for a professional to strengthen the CEG team. As a Customer Journey Expert you will be part of a team responsible for the maintenance and enhancements of counterparty credit risk calculations and measures within ING internally developed systems, for ING’s global derivatives portfolio and ING’s global securities financing portfolio.

Daily activities include the translation of regulations and/or ING internal policies into functional specifications, supporting IT developers to implement these specifications (refinement, testing, etc), analysis of datasets, participation with stakeholders (both in and outside FR-TRM) in establishing the required (automated) data inputs and also reporting outputs, documenting related operating procedures, presenting your analyses, results, improvements, etc to stakeholders, always ensuring your contribution to the implementation meets internal audit and model validation standards.

Your work environment

The FR-TRM CEG work environment can be characterised as international, informal, and result-oriented. Also, there is strong focus on teamwork, including an Agile way of working.
You will work closely with many different stakeholders such as Front Office, other risk departments, collateral management, operations, Information Technology (IT), credit risk reporting, finance and model risk management.

Who are we looking for?

A successful candidate has strong analytical skills, proficiency in required IT tooling (e.g. MS Office, programming skills), affinity with counterparty credit risk concepts and feels responsible to always timely deliver the best possible concerning her/his tasks assigned. Also, the candidate has good communication skills – to interact with various stakeholders and team members in a timely and professional manner – as well as critical thinking and a pro-active attitude.

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 back you to develop into an even more awesome version of yourself.

• A university degree in economics, econometrics, business administration, finance and/or similar degree

• At least 2 years of work experience in market risk and/or counterparty credit risk

• Knowledge of, and keen interest in, financial markets and financial instruments

• Experience with financial markets relevant policies, guidelines and regulations (e.g. Basel Standards, CRR, EBA publications, etc) is a plus

• Good communication skills, able to interact with different stakeholders (e.g. Front Office, IT, Model Validation)

• Self-starter (capable to work independently), result-driven and flexible, i.e. able to adjust quickly to new circumstances

• Strong analytical skills with attention to detail and critical thinking

• Proficient in Excel (pivots), and having programming knowledge (e.g. Python, SQL, Java)

• Fluent in English

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.