Financial Risk Officer IRRBB - Junior

Job Description

As a Financial Risk Officer, you work in the ALM Risk Management team within the Financial Risk department. You contribute to the worldwide management of market risks that affect ING Group’s consolidated balance sheet.

More specifically, your responsibilities will include identifying, analyzing, quantifying the interest rate risk of the Bank. Also, together with the other colleagues in your team, you will support the implementation of new regulations and risk systems for Interest Rate Risk in the Banking Book (IRRBB), as well as the execution of stress tests. Furthermore, you will be involved in ensuring a proper life cycle management of relevant models and measurement and monitoring or the applicable interest rate risk metrics.

In this position you have a direct influence on ING's risk management capabilities. You therefore make a concrete contribution every day to further strengthening ING's position as a reliable and expert bank for clients.

Within the Financial Risk department, the team analyzes and monitors worldwide market risks for ING Bank. Within the team you work in a pleasant and open atmosphere together with very professional colleagues who continually challenge each other intellectually to get the best out of themselves. You get all the space and responsibility to maximize your personal qualities. Working within Financial Risk at ING Bank means working in a highly dynamic international corporate environment where you work together at all levels and with many departments.

Who are we looking for?

• We are looking for a colleague with a quantitative background with good understanding of different types of market risks.
• You understand the complexities of a banking group with global operations and have a good understanding of recent regulatory changes and requirements.
• You are curious, you are open to new developments and you know how to master new material quickly.
• You are a pragmatic problem solver, who can support the development and implementation of IRRBB risk measures in a dynamic environment.
• You are a team player who will add value to the Financial Risk organization within a dynamic environment. You will ensure that the activities you are responsible for will be performed to an exceptional standard.
• You possess an excellent command of English, being able to demonstrate presentation and writing skills.
• You are able to deal with cultural differences, conflicting interests, complex and unforeseen challenges, as well as to constructively cooperate with your peers in building a sustainable, effective and efficient working environment.

Your profile & skills

• A completed academic education, preferably in economics, econometrics, applied mathematics or comparable training.
• Relevant (2/3 years) work experience within the financial sector preferably within the banking sector.
• Good knowledge in the field of Asset and Liability Management.
• Sound knowledge of risk management and financial products.
• Excellent in English, both verbal and writing.