Senior Business Analyst

The Market Risk Management team of ING NL is an energetic team of highly qualified professionals, responsible for managing the balance sheet of ING NL. We do this by hedging our interest rate and liquidity risks in close cooperation with the ING Group Treasury department. We maintain close relations with our business stakeholders, advise them on product and pricing changes and make them aware of all relevant (macro-economic) trends and consequences such as the developments of the interest rates in the market.

Our Market Risk Management team consists of about 30 experts, determined to advise our business stakeholders to deliver on our purpose to achieve sustainable progress for all. Client behaviour is crucial to us and we use lots of data to explore, model and forecast it with state-of-the-art modelling methods and technologies. The position offers excellent opportunities to broaden your market risk / asset & liability management and data analytics competencies while further developing your soft skills by advising and collaborating with our stakeholders. We work in an agile way and we believe that empowerment is crucial for you to flourish and be successful.

Our team is involved in strategic programs such as the full migration to the target ALM solution of ING Group built in QRM and the transfer of the mortgages administration to STATER. Hence, we search colleagues for our team who are also keen to contribute to these programs and make an impact.

Role & Responsibilities

You will have the opportunity to work together with various business and IT stakeholders on strategic programs such as migration to the global ALM Platform QRM and/or transfer of the mortgages administration to STATER. You will play a pivotal role where you will be required to quickly understand the product characteristics relevant for ALM, complex data landscape, data models and ETL processes. You are familiar with defining business requirements and with testing and implementing ALM data using Microsoft SQL, Python and Excel. 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 processes and must be able to translate functional requirements into technical solutions:

• You take part – directly or indirectly – in the migration of ING NL to QRM for the monthly hedging and (regulatory) reporting processes
• Work with cross-domain multidisciplinary team of professionals on the end-to-end delivery of ALM data
• Together with IT and Risk managers you are responsible for setting the data requirements for QRM onboarding including implementation into the ETL and testing
• Formulate functional data quality rules and be able to identify and analyze unexpected differences in data in an early stage
• Work closely together with data suppliers to improve, prioritize and ensure robust and future-proof data deliveries
• Understand how monthly financial data and financial products are processed
• Be a sparring partner by giving advice about the data to be processed to stakeholders and developers with your functional product and market risk knowledge
• You take part – directly or indirectly – in the migration of ING NL to QRM for the monthly hedging process and the migration of our mortgages administration to STATER.

How to succeed

• An academic degree in the Finance/Risk field or a quantitative study such as Econometrics is preferred
• Experience with ALM business requirements, ETL data processes and tools (SQL)
• Preferably experienced with QRM
• Project (management) experience is preferred
• Minimum of 5 years of relevant experience in the financial sector (e.g. banking, insurance, consulting)
• Experience in being a sparring partner/advisor to Senior Management
• Experience in Agile (Scrum) way of working is preferred
• Excellent analytical skills with a strong attention to detail
• Interest in financial services, an innovative take on banking and an unconditional drive to turn your ideas into reality
• Creative and problem-solving mindset
• Great team player skills in a multi-cultural environment
• A structured way of working
• And of course you should be fluent in English

Furthermore, you should adhere to the ING values and it is evident for you that your behavior is fully aligned with these values. You should also be prepared to take the Banker's Oath.

For more information, please visit http://www.ing.jobs/Netherlands/Why-ING/This-is-ING-too/ING-Values.htm

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 at [https://www.ing.jobs/netherlands/Why-ING/benefits.htm>.

The benefits of working with us at ING include:

• 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
• Hybrid working to blend home working for focus and office working for collaboration and co-creation
• Personal growth and challenging work with endless possibilities
• An informal working environment with innovative colleagues

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.

About us

With around 60,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to make a difference. We hire smart people like you for your potential, not your past. Our biggest expectation is that you’ll stay curious. Keep learning. Take on more responsibility. In return, we’ll back you to develop into an even more awesome version of yourself. If you want to work at the cutting edge of what’s possible, surrounded by progressive, inspiring and supportive colleagues, there is no better place to invest your talents than at ING. Join us. Apply today.