You will be part of a team that provides market risk management and support to Financial Markets and other stakeholders. The team is part of the Trading Risk Management (TRM) department in Amsterdam, overseeing the bank’s trading‑book market risk exposure. TRM is a global department within ING CRO / Financial Risk, responsible for market risk management.
The core activities of the team include measuring and analyzing the market risk parameters generated by the trading desk, and monitoring and advising on the exposures taken in the trading books. In addition, the team is involved in the product approval process, position‑keeping system migrations, regulatory compliance projects, and technical and functional improvements.
Your key responsibilities
The key responsibilities for the role are:
As a member of the team, you will participate in decision‑making to advise and support stakeholder requirements, including Front Office, Product Controllers, Auditors and Quants.
Understand and provide valuable contributions to initiatives across Rates, Non‑Linear Rates, and Equity products—both from a project perspective and in BAU activities.
Manage regular reporting, i.e. produce timely and accurate daily risk reports with a clear understanding of the underlying risks to explain movements to the business.
Understand the movements in risk factors and provide context for the evolution of market risk exposures in the trading book.
Escalate limit breaches to managers, demonstrating a clear understanding of the underlying reasons.
Understand the drivers of the market risk profile for the products and associated trading strategies.
Understand the impact of model parameters on pricing models.
Compile and contribute to monthly desk reviews with Front Office, covering limit consumption, limit reviews, and proactive risk‑management topics.
Participate in regulatory global projects as needed, as well as local and global initiatives to improve risk metrics, data quality, and trading/reporting systems—such as EBA Benchmarking and BCBS requirements.
We look for
A colleague with a talent for taking ownership and making things happen, who is enthusiastic and willing to learn about all asset classes. You have a strong understanding of trading products and you are a team player within a highly skilled functional team, contributing wherever needed. You are naturally collaborative, listen actively, and help the team achieve common goals. You enjoy challenging the status quo and are eager to propose creative solutions to problems.
As a Financial Risk Specialist, you will also need:
Master’s degree, preferably in Maths, Engineering, Econometrics and/or Economics.
At least 3 years of market risk experience within Interest Rates (preferably linear and non‑linear rates products), Inflation and/or Equity fields.
Solid financial product knowledge and a strong mathematical background.
A good communicator with attention to detail and the ability to summarize effectively.
A team player who can work with cross‑functional, geographically dispersed teams.
Ability to understand the business perspective of key Front Office projects.
A flexible approach to roles and responsibilities.
Fluency in English.
Programming skills (VBA, Python, etc.).
Affinity for working with multiple Front Office systems.
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
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Questions?
Contact the recruiter attached to the advertisement. Want to apply directly? Please upload your CV and motivation letter by clicking the ‘Apply’ button.