Market Risk Specialist

1 maand geleden


Amsterdam, Noord-Holland, Nederland ING Voltijd
About the Role

We are seeking a highly skilled Market Risk Professional to join our team at ING. As a key member of our Market Risk Management team, you will play a critical role in managing the balance sheet of ING NL, hedging interest rate and liquidity risks, and advising business stakeholders on product and pricing changes.

Key Responsibilities
  • Manage a portfolio of approximately EUR bio. of assets and liabilities, contributing to around one-third of the overall ING P&L.
  • Hedge the balance sheet to realize a stable margin and Net Interest Income for ING, monitoring and modeling client behavior using big data analytics.
  • Provide advice to business tribes on pricing and product decisions, requiring in-depth knowledge of product offerings (mortgages, savings, current accounts, business loans, consumer loans).
  • Maintain strong relationships with stakeholders, including CRO NL divisions, Finance, Business Tribes, Group Financial Risk, Model Validation, Group Treasury, and external stakeholders ECB, DNB, and the external auditor of ING.
  • Participate in the migration of ING NL to QRM for the monthly hedging process and the migration of our mortgages administration to STATER.
Requirements
  • Academic degree (MSc or PhD) in Econometrics or other quantitative studies such as Mathematics, Engineering & Physics.
  • Completed additional professional qualifications in the financial risk field, such as CFA, FRM, or the willingness to do so.
  • Minimum of 2 to 3 years of relevant experience in the financial sector (banking, insurance, consulting).
  • Extensive knowledge of financial risk management, relevant regulations (Basel/IRRBB), modeling, and hedging techniques.
  • Knowledge of behavioral ALM models (prepayment, non-maturing deposit modeling) and experience with SQL and coding (Python, R) is an advantage.
  • Excellent analytical skills, strong attention to detail, and interest in financial services, innovative take on banking, and drive to turn ideas into reality.
  • Ability to challenge the status quo and great team player skills.
  • Fluency in English.
What We Offer

We offer a unique job opportunity that fits in with the times of today, taking into account your home situation and ambitions, and helping you balance work and private life. Our benefits include a salary tailored to your qualities and experience, 24-27 vacation days, pension scheme, 13th month salary, Individual Savings Contribution (BIS), 8% Holiday payment, hybrid working, personal growth, and challenging work with endless possibilities.


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