Risk Specialist FR Policies

This role would be ideal for someone who just finished her/his master’s degree and wants to become familiar with/get an introduction to the banking environment and how ING Financial Risk manages its policies to stay compliant to the current regulatory banking framework, mostly defined by the ECB (European Central Bank) and the European Commission (EC).

The team

The Financial Risk department is a Tier 2 Function to set and control the financial risk strategy across the organization. The FR Policies Team is part of the Frameworks and Controls Department in Financial Risk. The FR Policies Chapter provides strategic guidance on financial risk and regulations for banking book (e.g. IRRBB, CSRBB and equity risk) and trading book risk, counterparty credit risk and other (financial) balance sheet risks. The candidate will report to the Chapter Lead of the FR Policies team in the Financial Risk Frameworks and Controls Department (which is one of the five Departments in Financial Risk).​ The FR Policies Team consists of 8 people and has a global scope. More concretely, the responsibilities of the PR Policies Team include:

• writing, coordinating and updating financial risk policies in line with regulations and/or internal guidelines;

• building and maintaining relationships with regulators, supervisors, industry associations and internal stakeholders;

• actively contributing to shaping new regulations (e.g. by participating in BCBS consultations);

• communicating financial risk policies and regulations throughout the organization;

• providing guidance and advice to internal stakeholders;

• coordinating financial risk related supervisory on-site visits and requests for information in alignment with the Regulations & International Affairs department.

Roles and responsibilities

As a Risk Specialist you will be involved in:

• Assessing and giving advice on new and current regulations that are relevant for Financial Risk.  

• Management of the Financial Risk Policy House and the corresponding internal policy database (i.e. iRisk) to safeguard quality assurance for ING’s policies for Financial Risk.

• Implementation of INGs Internal Control Binding Standards into the Policy House.

• Stakeholder management around the Financial Risk Policy House and possibly being contact for external locations on the implementation of ING Financial Risk Policy House.

• Assisting the Chapter in policy revisions and smaller adjustments and supporting supervisory requests.

• Preparing Policy House overviews for higher management and internal reporting.

• Participating in Banking Association calls and Public Hearings by supervisory authorities (e.g. EBA).

​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.

• Master’s degree in Econometrics, Economics or Financial Law or equivalent.   

• Interested in financial risk, the prudential regulatory environment and familiar with the basic financial risk and banking concepts.  

• Good presentation skills and ability to juggle multiple tasks and deadlines (i.e. multitasking)

• Excellent skills in MS Office and managing data overviews.

• Solid analytical skills, with the ability to think broadly but also with attention to detail.

• Focused, self-driven and results oriented.

• Solid writing and communication skills in English.

• Flexible team player, in line with ING’s Orange Code (you help each other to be successful).

Furthermore, you adhere to the ING values and it is evident for you that your behavior is fully aligned with these values. You are also 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 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:

• 25-28 vacation days depending on contract

• Pension scheme

• 13th month salary

• 8% Holiday payment

• Hybrid working

• Personal growth and challenging work with endless possibilities

• An informal working environment with innovative colleagues

About us

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Discover what we do and what we can offer you.

Questions?

Please visit our Frequently Asked Questions section to find some answers on questions you might have. For further inquiries, please contact Mark Admiraal ([email protected]), Chapter Lead FR Policies – FR Frameworks and Controls. Want to apply directly? Please upload your CV and motivation letter by clicking the ‘Apply’ button.