ING is looking for a Financial Risk Officer in the Stress Testing Squad within Trading Risk Management.
Job description
For ING’s Financial Markets business, the Stress Testing Squad is responsible for monitoring, analysing and reporting stress tests on the market risk of the trading activities.
In addition, the squad has an important role in coordinating and running all market risk-related regulatory exercises, such as the EBA Stress Test.
We are looking for a professional to strengthen the Stress Testing squad. As a Financial Risk Officer, you will work on identification of risks for the portfolio, development of stress testing scenarios, analysis of stress impact on the portfolio and on capital, and reporting stress tests to stakeholders. Next to scenario-based stress testing, the team also performs the review of the stressed VaR period.
Your work environment
The Stress Testing squad is an energetic, international team. The team has an open, informal atmosphere and a strong focus on teamwork. You will work closely with many internal and external stakeholders such as risk managers globally, front office, finance, IT, senior management, vendors and regulatory supervisors.
We work in a dynamic environment, balancing daily measurement and analysis with the rapid changes in the financial markets and increasing demands from the regulators.
Who are we looking for?
A successful candidate should have a background in market risk management in the trading book, strong analytical skills and the ability to create, challenge and improve risk monitoring techniques and measures. The candidate should have good communication skills, critical thinking and a proactive attitude.
Also, you are able to deal with cultural differences, conflicting interests and unforeseen challenges. You constructively cooperate with other risk teams worldwide and other departments in ING.
Your profile
A university Master’s degree in economics, econometrics or other finance/quantitative subjects
Minimum of 3-years’ experience in market risk
Proven knowledge of financial markets, financial instruments, data and market risk
Experience in analysis of portfolio specific risk
Thorough understanding of multiple asset classes (e.g. Equity and Interest Rates)
Understanding of potential impact of market crisis scenarios on financial portfolios
Self-starter, result-driven and flexible, i.e. able to adjust quickly to new circumstances
Team player with a mindset of empowering others
Strong analytical skills with attention to detail and critical thinking
Affinity with programming (Python, SQL, or similar).
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. Find out more about our employment conditions.
The benefits of working with us at ING include:
25-28 vacation days depending on contract
Pension scheme
13th month salary
8% Holiday payment
Hybrid working
Personal growth and challenging work with endless possibilities
An informal working environment with innovative colleagues
About us
Curious about how ING empowers people and businesses to move forward?
Discover what we do and what we can offer you.
Questions?
Contact the recruiter attached to the advertisement. Want to apply directly? Please upload your CV and motivation letter by clicking the ‘Apply’ button.