Over the last decade, the financial sector has received much attention. The financial crisis and its consequences in the market combined with rapidly changing regulations have resulted in even more challenging environment than before. The financial turmoil as a result of the Covid-19 pandemic as well as invasion of Ukraine by Russia, and the real economic implications following these events has increased the challenges further. If you would like to be part of this environment and have an impact on the balance sheet management of the bank, please read on.
The Team
Group Treasury (GT) is a global function that is locally embedded in every ING bank business unit. The primary responsibilities of GT include managing the Bank’s capital, funding & liquidity and its interest rate risk profile next to the management of ING’s investment portfolio. GT also provides strategic advice on all capital and balance sheet management related topics primarily focussing on the bank’s capital and funding & liquidity position. GT’s culture highly values Orange Code thinking and behaviour, and embraces diversity to ensure a more dynamic, well balanced work environment.
Roles and responsibilities
Your role would be to become part of the central BSM team (10 FTE) in Amsterdam that is responsible for preparing balance sheet analyses focused on monitoring and analyzing the developments in the commercial activities of the bank. For these analyses, the team considers the markets it operates in and the continuously changing regulations the bank faces. Using the acquired knowledge and insights, you also prepare advice for senior management including the Management Board of the bank to help steer the bank’s balance sheet. You work closely with the other functions within Group Treasury as well as Commercial Business lines, Finance and Risk.
Your primary tasks will be:
Support ILAAP coordination including the preparation of the Liquidity Adequacy Statements as well as self-assessment process run through countries. Improve the content and process of our yearly ILAAP submission to the ECB and realise different projects identified in the ILAAP improvement plan (and come up with your own topics to further improve).
Contribute to the preparation of the (Contingency) Funding Plan, including enhancement and maintenance of the tooling used as a basis for the plan.
Support steering and maintenance of BSM books.
Contribute to the defining and steering of F&L metrics as part of ING’s Funding and Liquidity framework.
Support and execute other (ad-hoc) activities, including preparation of requests from senior management and regulators.
Being the liaison for balance sheet management related matters for one or more countries.
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’ll back you to develop into an even more awesome version of yourself.
We are looking for the following knowledge and experience:
Master’s degree in finance, economics or engineering
3 years of working experience in a relevant sector or field.
Knowledge of monitoring and assessing funding and liquidity risks is a plus.
Knowledge of the relevant regulatory framework (ILAAP, Basel IV) is a plus.
Comfortable and experienced in interacting with senior management, Finance and Risk teams throughout the global organization.
Programming skills (VBA for Excel, Phyton)
Advanced analytical skills
Track record in data and data analysis
Strong communication skills, both verbal and in writing
Resilient, effective and pro-active, especially in stressful circumstances
Team player (Orange Code)
We believe in diversity and equal opportunity. No matter your background, you are welcome in Group Treasury. And please note that if you don’t meet all of the criteria mentioned but you believe this is the right position for you, we invite you to apply anyway or contact us for more information.
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.
Please note, multiple interview steps involving various business stakeholders will be part of the selection process.