We are looking for you if you:
are knowledgeable in risk management methodology,
can break down NPV and NII measures into risk factors,
have an experience within ALM and/or Interest Rate Risk Management, IRRBB
have min. 2 years of experience in Finance (Bank or Insurance company),
are a communicator and like to liaise with stakeholders such as data teams, UAT team, model developers and market risk managers,
are a team player,
are a problem solver,
enjoy working in an international team and environment,
are pro-active and eager to learn.
English level - B2.
You'll get extra points for:
being familiarized with any ALM software (i.e., QRM, Fusion Risk, OneSumX, Moody's Analytics),
knowledge on approaches to model the banking book products (mortgages, savings, current accounts),
experience with SQL,
IT affinity,
master’s degree in econometrics, mathematics, economics, or similar quantitative study,
experience in Agile (Scrum) way of working is preferred.
Your responsibilities:
first line support for risk managers from various ING entities around the globe,
life cycle management of the monthly processes,
safety guardian of the IRRBB metrics,
foster automation of existing processes.
Information about the squad:
International Project team of around 90 ALM specialists operating from Amsterdam (NL), Warsaw (PL) and Manila (PH). This particular position is based in Warsaw,
We work Agile in ALM Project teams consisting of Market Risk Management, TECH Developers, ALM Data Experts, ALM Business Analysts, QRM Experts,
The ALM project team is divided into smaller squads. You will be working as Business Analyst in the ALM Services team. This team is responsible for providing a support to local risk managers. The team works with QRM (Quantitative Risk Management – ALM tool) to deliver the set of analyses with focus on IRRBB. It mostly covers balance sheet forecasting and financial valuation calculated based on various behavioral assumptions and interest rate scenarios. We support the replication and hedging process as well,
Development of this ALM platform has been prioritized as one of ING’s most important strategic worldwide objectives. Currently, the ALM platform is being transformed into a group-wide standard to support global and local requirements, and step by step new countries are on-boarded,
The role of Warsaw office is growing which creates a demand for new talents.
The role naming convention in the global ING job architecture will be “Change Expert III”