ALM Business Analyst - QRM expert

We are looking to strengthen the Asset and Liability Management department with an enthusiastic ALM professional, who is highly motivated to join our ALM Roll Out Group.  

ING is building one standard implementation for Interest Rate Risk and Forecasting in the banking books. Regulations and internal risk management insights require us to constantly enhance our ALM capabilities.

The team

Within our ALM Tribe we aim to develop new functionality and methodologies for risk management and finance departments in one target platform (QRM). The ALM project team or Tribe (± 95 people) is divided into smaller squads.

The Roll Out group aims to setup the ALM IRRBB and replication & hedging standard for all countries where ING is active in the world. The team consists of highly motivated professionals working in an international environment with lots of growth and development opportunities.

Our objective is to roll-out the “ING standard” configuration for to all locations in which ING is operating. Aim is to report and calculate the core Risk figures (NII- and NPV-@risk).

When joining the team you will work on the implementation of (amongst others) the new ALM IRRBB processes, as well as assisting the team with country support. This means you are working closely together with stakeholders like Market Risk management, Modeling, IT TECH, Global Treasury, Finance and the ALM Data and project teams.

Roles and responsibilities

You will help with building the target ALM solution and implementation of new ALM processes and functionalities:

• analyse risk measurement figures and methods

• improve and own the current ALM IRRBB processes and infrastructure

• explain results and figures to various locations and users of the system

• implement new functionality in our target platform, such as new behavioural models and strategies

• aim is output figures for reporting are covered in full and signed off by the users

• sparring partner for Risk & Finance stakeholders

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.

Furthermore, you have:

• Master’s degree in econometrics, mathematics, economics or similar quantitative study

• Experience with MS SQL Server and ETL processes (development or configuration)

• QRM experience is a pre

• Strong analytical skills and the ability to create, challenge and improve risk monitoring techniques and measures

• Pro-active attitude, willingness to learn new things and a drive to continuously look for improvement

• You like to work with a diverse group of stakeholders in an international team and environment

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. 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 

• Personal growth and challenging work with endless possibilities 

• An informal working environment with innovative colleagues 

• Work Agile, so new ideas come to life faster 

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. Apply today