ALM Business Analyst – IRRBB projects in Amsterdam


We are looking for an Asset & Liability Management (ALM) professional who has experience with Interest Rate risk management and the system QRM (Quantitative Risk Management).

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.

Your team

Within our team we aim to develop new functionality and methodologies for risk management and finance departments in one target platform (QRM). Our team aims to find the right balance between conceptual risk management and practical implementation.

The project team (± 80 people) is divided into smaller squads of around nine Business Analysts. You will work in a highly professional environment with lots of growth and development opportunities.

Our mission

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 market data framework (IBOR implementation), as well as assisting the team with country support. This means you are working closely together with stakeholders like Market Risk and Finance departments in the foreign offices.

Your work environment

Development of IRRBB measures, implementation of new products to the ING Balance sheet and help building target solutions such as the new Market Data framework (multi curve) and the IBOR implementation.

  • Analyse risk measurement figures and methods
  • Explain results and figures to various locations and users of the system
  • Develop new functionality in our target platform, such as new behavioural models
  • The end criterion is that output figures for reporting are covered in full and signed off by the users
  • Execute configuration fit/gap analyse on new functionality (IRRBB related)

How to succeed

You should have strong analytical skills and the ability to create, challenge and improve risk monitoring techniques and measures. The candidate should have good communication skills and a pro-active attitude, willingness to learn new things and a drive to continuously look for improvement.

You have the following experiences and skills:

  • Master Degree in Econometrics, Mathematics, Economics or similar quantitative study

  • 1-3 years experience in a banking or financial environment

  • Experience with ALM; Interest Rate & Liquidity Risk Management

  • Experience with QRM and SQL (development or configuration, have a natural feeling for coding)

  • Specific banking experience (ALM, Risk, Modelling, Data mngt, Reporting, IT) is preferred

  • Fluent in English (verbal and written)

  • Strong analytical skills

  • Affinity with IT is a plus and strongly desired

  • Eagerness to learn and grow a career with ING

What do we offer?

A job from 36 to 40 hours and a unique offer that fits in with the times of today. We take into account your home situation and your ambitions and help you to balance work and private life. Discover yourself our employment
To give you an idea, we will tell you about the benefits of working at ING:

  • A salary tailored to your qualities and experience

  • Working in a team where we set the standard for a global system role out for interest rate risk management

  • Working on one of the most important ALM projects in ING

  • A reimbursement for travel expenses

  • 24 vacation days with a 36-hour working week. If you work 40 hours a week, you will receive 27 vacation days

  • 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 to realize your ambitions

  • An informal working environment with innovative colleagues who strive for the very best

  • Progressive way of working according to the Agile method, so that new ideas come to life

Extra informatie

Fulltime (ervaren)
Gepubliceerd op

Amsterdam | Financieel / Accountancy | Fulltime (ervaren)

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