Market Risk Manager for INGs consolidated Trading Book

Market Risk Manager for ING’s consolidated Trading Book

Amsterdam, job grade 10, 40 hours

We are hiring an experienced senior market risk manager for ING’s consolidated trading book! As such, you will be monitoring consolidated market risk figures, analysing trends and spikes in the trading portfolio, driving/implementing global market risk initiatives and monitoring (the performance) of our market risk models.

The team

As part of Financial Risk, the scope of Trading Risk Management is ING’s Financial Markets (trading) business. Within Trading Risk Management, the Market Risk, Capital & Performance team (MRCP) is responsible for monitoring, analysing and reporting on global market risk, including related regulatory and economic capital, and performance of the trading activities.

The MRCP team is an energetic international team of 7 professionals. The team has an open culture and a strong focus on teamwork (including agile way of working). You will work closely with many internal parties such as trading risk managers globally, finance, IT, model validation, audit, senior management and external parties like regulators, supervisors and industry associations.

We work in a dynamic environment, balancing daily measurement and analysis with the rapid changes in the financial markets and increasing demands from the regulators.

Roles and Responsibilities:

You will be a key person in managing ING’s market risk in the consolidated trading book:

• You will contribute to our daily monitoring, measuring, managing and advising on the market risk of the ING Bank trading portfolio. You will work with concepts such as Historical Value at Risk, Stressed Value-at-Risk, Risks Not in Model from a risk management perspective as well as from a capital calculation perspective.
• You will drive and contribute to analyses of trends, spikes and outliers in our consolidated market risk figures.
• You will coordinate (parts of) market risk-related internal initiatives as well as upcoming regulatory changes, such as the Fundamental Review of the Trading Book.  
• You will contribute to monitoring the trading risk models that we own and use.

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.

The candidate we are looking for has:

• A Master’s degree in Quantitative Finance, Econometrics, Applied Mathematics or similar.
• At least two years direct experience in managing market risk in the trading book.
• Outstanding analytical capabilities
• A getting-things-done mentality
• Great team working and stakeholder management skills
• Excellent communication, both verbally and in writing

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:

●          A salary tailored to your qualities and experience

●          25 - 28 vacation days depending on contract

●          Pension scheme

●          13th month salary

●          8% Holiday payment

●          Mobility Card

●          Hybrid working

●          Personal growth and challenging work with endless possibilities

●          An informal working environment with innovative colleagues

About us

Curious about how ING empowers people and businesses to move forward? Discover what we do and what we can offer you.

Questions?

Contact the recruiter attached to the advertisement for more information. Want to apply directly? Please upload your CV and motivation letter by clicking the ‘Apply’ button.