Benchmarks Officer

Your working environment

Group Treasury is responsible for oversight on benchmarks usage, contribution, and administration of ING Bank worldwide and specifically for the contribution to interest rate benchmarks (i.e., EURIBOR). To avoid any form of misconduct in the use, contribution, and administration of these benchmarks throughout the bank, Group Treasury has implemented and is maintaining a sound governance and control framework and global oversight. In addition, Group Treasury is pro-actively involved in any developments on benchmarks that took a flight ever since the detection of manipulation of interest rate benchmarks in 2009.

Job description

We are seeking an enthusiastic, motivated colleague to join as Junior Benchmark Officer in the Group Treasury CCT team (Control, Change & Transformation team) to further strengthen the benchmark oversight across ING Bank.

CCT team is a ‘1st line of defense’ business control function within Group Treasury. We are a team of professional, dedicated, result-oriented colleagues who share a common mission in creating and maintaining an operationally efficient environment that is compliant, future-proof, and facilitates seamless execution of Group Treasury’s business processes. CCT is the linking pin between Front Office and supporting departments.

In addition to general business management responsibilities to support the traders and management, this role will have a particular emphasis on financial benchmarks in terms of: managing the governance and control framework for contribution to EURIBOR, global oversight of financial benchmark activities across ING Bank, staying on top of regulatory requirements and changes concerning financial benchmarks and their impact to ING Bank (in particular the EU Benchmark Regulation), following up on the reform of interest rate benchmarks and take the necessary actions, and overseeing contribution in Netherlands for regulatory reporting of data related to benchmark contributions

How to succeed

The ideal candidate feels comfortable in Group Treasury Front Office environment. For this position you do require current residency in the Netherlands.
Furthermore, you have:

• 1-3 years of knowledge of and experience in finance, banking, risk, regulatory requirements
• Strong analytical skills, attention to detail, good in MS Excel
• Good communication skills in English (oral and written)
• Self-motivated, ability and willingness to adapt quickly to new concepts and procedures
• Flexible and delivery minded
• You are a collaborative team player that believes in and incorporates ING’s Orange Code into your daily work practices
• Prior knowledge of financial benchmarks, the EU Benchmark Regulation or Financial Market/Treasury processes would be an asset

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 salary tailored to your qualities and experience
• 12 month contract with view to extend
• 36 or 40 hour workweek
• Individual leave: 24+2 individual holiday days based on 36 hr workweek
• Diversity leave: 3 days per year (1,5 paid, 1,5 unpaid)
• CSR days: up to 2 days per year to actively engage in society by volunteering
• 13th month salary
• 8% Holiday payment
• Individual Savings Contribution (BIS), 3.5% of your gross annual salary
• Mobility card
• Attractive pension scheme
• Hybrid working to blend home working for focus and office working for collaboration and co-creation

Want to apply directly?

Upload your CV and motivation letter by clicking the “Apply” button. We expect you to upload a motivational letter explaining your motivation and drive for the position.

Please note, multiple face-to-face interview steps involving various business stakeholders will be part of the selection process.

About us

With 60,000 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!