Market Risk Specialist
1 maand geleden
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.
- 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.
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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Amsterdam, Noord-Holland, Nederland ING Voltijd{"Role": "Market Risk Management Specialist", "Responsibilities": "We are seeking a highly skilled Market Risk Management Specialist to join our team at ING. As a key member of our Market Risk Management team, you will be responsible for managing a significant portion of our balance sheet, contributing to around one-third of our overall P&L. Your main task...
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