IT Business Analyst - Asset and Liability Management / Interest Rate Risk (ALM Tribe)

Designs and tracks customer journeys and creates and delivers relevant products and pricing, marketing and/or channel strategies, taking decisions based on customer data, being responsible for business outcomes, and coordinates with relevant internal and/or external stakeholders, in order to design new and continuously improve existing customer experiences.
 

We are looking for you if:

• You are knowledgeable in risk management methodology,
• You can break down NPV and NII measures into risk factors,
• You have maximum of 2 years of experience in Finance (Bank or Insurance company),
• You are a communicator and like to liaise with stakeholders such as data teams, UAT team, model developers and market risk managers,
• You are a team player,
• You are a problem solver,
• You enjoy working in an international team and environment,
• You are pro-active and eager to learn.
• You have great communication skills (English)

Education: Finance (not Accounting), CFA Lvl 1, FRM

You'll get extra points for:

• Being familiarized with any ALM software (i.e., QRM, Fusion Risk, OneSumX, Moody's Analytics),
• Experience within ALM and/or Interest Rate Risk Management, IRRBB,
• Knowledge on approaches to model the banking book products (mortgages, savings, current accounts).
• Experience with SQL and VBA,
• IT affinity,
• Degree in econometrics, mathematics, economics, or similar quantitative study.

Additional skills:

• Experience in Agile (Scrum) way of working is preferred.

Your responsibilities:

• First line support for risk managers from various ING entities around the globe,
• Life cycle management of the monthly processes,
• Safety guardian of the IRRBB metrics,
• Foster automation of existing processes

Information about the squad:

• International Project team of around 90 ALM specialists operating from both Amsterdam, Warsaw, and Manila.
• We work Agile in ALM Project teams consisting of Market Risk Management, TECH Developers, ALM Data Experts, ALM Business Analysts, QRM Experts.
• The ALM project team is divided into smaller squads. You will be working as Business Analyst in the ALM Services team. This team is responsible for providing a support to local risk managers. The team works with QRM (Quantitative Risk Management – ALM tool) to deliver the set of analyses with focus on IRRBB. It mostly covers balance sheet forecasting and financial valuation calculated based on various behavioral assumptions and interest rate scenarios. We support the replication and hedging process as well.