Jr. ALM Data Analyst

We are looking to strengthen the Asset and Liability Management department with an enthusiastic person, who is highly motivated to join the ALM Data team .

ING is building one global standard for Interest Rate Risk and Forecasting in the banking books. Regulations and internal risk management insights require us to constantly enhance our ALM capabilities.

Within our team we aim to develop new functionality and methodologies for risk management and finance departments in one target engine platform (QRM) and the inhouse data platform (SPA).

The Team

The ALM project team (± 80 people) is divided into smaller squads. You will be working as a Business Analyst in the ALM Data team. This team is responsible for the Extraction, Transformation and Load (ETL) of finance data flows into the current ALM engine of ING; which is called the Quantitative Risk Management (QRM)–tool . Furthermore, the team is responsible for the ALM Result Area (ARA) which contains the all the calculated ALM results.

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 mission

Our objective is to roll-out the “ ING ALM standard ” configuration for to all locations ING operates in, such that it enables us to report and calculate the core Risk figures (NII- and NPV-@risk). When joining the team, you will work on the implementation of new ALM data functionalities as well as assisting the team with country support. This means you are working closely together with stakeholders like Modeling, IT TECH, Data Foundation, ALM Project teams, (foreign) Market Risk management, Finance and Global Treasury.

Job description

In the role of ALM Data expert you will be acquired to quickly understand complex data and ETL processes. You are familiar with ALM data & business requirements and the way to handle these with Microsoft SQL, Access, Phyton, Excel and Power BI. You like to build new functionality to process and handle big data streams. The ALM data is mainly used for Net Interest Income (NII) forecasting, valuation and replication (i.e. hedging). You will be working on both the business and IT side of the ALM processes and must be able to translate functional requirements form business analyst into technical solutions.

Tasks

• Improve and simplify data loads and ETL processes, despite of differences and variety in country data

• Change data flows, tables, and interfaces, make existing data flows more transparent. Work towards a simple and robust solution with functionality to identify and analyse unexpected differences in data in an early stage

• Help setup a new reporting solution out of new Result Area with Power BI.

• Implement processes to cope with additional source systems

• Improve maintainability and performance of the Data Staging Area

• Understand how monthly financial data and financial products are processed

• Explain and present complex subjects to the management board

• Be sparring partner in sub-projects and give advice about the data to be processed to architects and other developers

How to succeed

You should have strong analytical skills and the ability to create, challenge and improve risk monitoring techniques and measures. You should also have good communication skills and a pro-active attitude, willingness to learn new things and a drive to continuously look for improvement.

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.Furthermore, you have:

• Master’s degree in: Econometrics, Mathematics, Economics or similar quantitative study;

• Experience with MS SQL Server and ETL processes (development or configuration);

• Recent experience working with a diverse group of stakeholders, ideally in a banking or financial environment;

• You are pro-active, flexible and eager to learn;

• You enjoy working in an international team and environment;

• Very strong analytical skills;

• Good communication skills (in English).

Rewards & benefits

We want to make sure that it’s possible for you to strike the right balance between your career and your private life. You can find out more about our employment conditions here .

The benefits of working with us at ING include:

• A role which lets you see a what a big international bank is working on and the ability to learn Balance Sheet Risk Management
• A salary tailored to your qualities and experience
• 24-27 vacation days depending on contract
• Pension scheme
• 13th month salary
• Individual Savings Contribution (BIS), 3.5% of your gross annual salary
• 8% Holiday payment
• Personal growth and challenging work with endless possibilities
• Working in a international team where we set the standard for a global system role out for interest rate risk management
• Work Agile, so new ideas come to life faster

Want to apply directly?

Demonstrate how your current experience and long-term career goals will fit with this position in your motivational letter. Please upload your CV and motivation letter by clicking the “Apply” button.

About us

With 57,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of what’s possible and at the same time ensure you work with integrity and hold the customer’s interests at heart? Do you want to be surrounded by progressive, inspiring, diverse and supportive colleagues? Then there is no better place to invest your talents than at ING. Join us and apply today!