ALM RM FD Functional Development

Deze vacature is niet meer vacant


ING Bank is rolling out one standard implementation for Interest Rate Risk and Forecasting in the banking books. Regulations and internal risk management insights require us to enhance our ALM capabilities to be implemented consistently throughout ING Bank.

We are the Financial Risk Functional Development team, and we value helping each other, sharing our knowledge in the team, working together on delivering on our promises and reflecting on how we can improve in our work but also personal developments and growth. We are a young, internationally focused team (both in scope of our work and our team composition) and focus on develop new functionality and methodologies for interest rate risk management and liquidity risk in one target platform (QRM). Our team seeks the right balance between conceptual risk management and practical implementable solutions and therefore we find it important that you have strong analytical skills.

If you need to relocate to take this position in our team in Amsterdam, we offer a relocation package to support you with your relocation. Does it sound interesting? Please read on!

What you'll do

When joining our team, you will work on the implementation in QRM of Net Interest Income (NII), Economic Value of Equity (EVE), Credit Spread Risk in the Banking Book (CSRBB) and other IRRBB reporting measures. Also, you will support the team with ad-hoc solutions to practical problems that arise during new functional implementations. This includes:

  • develop new functionality in our target model.
  • analyse risk measurement figures and methods.
  • analyse configuration fit and gaps on new functionality.
  • coordinate resulting data required functional transformations.
  • align and agree with model owners, model development and other stakeholders on the QRM implementation.

How to succeed
  • Fluent in English
  • Master’s degree in econometrics, mathematics, economics, finance or similar study
  • Minimum of five years of relevant ALM experience in the banking sector
  • Extensive knowledge of financial risk management, relevant regulations on IRRBB, (ALM) modelling and hedging techniques.
  • Proven track record in implementing a ALM system (e.g., QRM and using SQL) in a large Financial Institution. Understand complex ALM data, structured calculations, translation of regulatory requirements into practical implementations and how these contribute to managing ALM risk.
  • It’s considered a strong plus if you have demonstrable knowledge in IRRBB .

Personal qualities & behavioral traits
  • Collaborates well in a team environment.
  • Able to manage different stakeholders and navigate different cultural environments
  • Changeable and flexible, able to act swiftly in changing situations
  • Strong analytical and quantitative skills (the breakdown of complex issues in manageable pieces)
  • Adaptable person and analytical thinker , who is able to come up with creative solutions
  • A pro-active attitude, willingness to develop and learn new things and continuously look for improvements within the team and tribe.

What do we offer?

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 at

· A senior role that will give you exposure to locations and management.
· Working in a team with a common goal.
· Diverse and friendly work environment.
· 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
· An informal working environment with innovative colleagues
· Work Agile, so new ideas come to life faster

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. Apply today.

Vacature informatie

Organisatie: ING

Locatie: Amsterdam

Opleidingsniveau: WO

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