Within ING, Bank Treasury is responsible for first-line balance sheet management activities for ING Bank and combines the Bank's Treasury activities across all business lines.Within Payment & Settlement Services (PSS) Operations - the Circle BO Payment & Settlement Services with the CLT Liquidity Management & Exception handling is responsible for the management of the (intraday) liquidity of all ING Bank entities, including the development and maintenance of an operational cash and liquidity management model where the cash and liquidity positions are managed, determined and analyzed.The Team:The Liquidity management function consists of 11 highly qualified experts who are responsible for the day-to-day management of the Cash and Liquidity management function. The focus is on Keeping the Bank Safe, Operational Excellence and supporting Strategic Change while working to together with our off-shore location in Manila and internal and external stakeholders.
Your Responsibilities:
- The new team member is responsible for the Cash and Liquidity Management function to be executed in a controlled, timely and correct way, taking into account ING, regulatory, local and global policies and guidelines.
- He/she also guarantees that the internal client requests are satisfactorily answered by the service level agreements.
- You will be responsible for the correct, complete and timely monitoring, support and reporting of activities to facilitate a seamless management of ING's liquidity positions.
- The team provides cash and liquidity management services to internal parties within ING, across all entities and we work in an Agile way within PSS Operations.
- Close cooperation with the Local Service Organizations in Europe and local Treasury locations across the globe is key.
- Furthermore, it is the Operations Specialist's responsibility to ensure that the working environment is optimally serviced and covered with the other team members in a self-reliant way.
- The Operations Specialist will also support the backlog items for the cash and liquidity management Function.
- Responsible for real-time monitoring of EUR flows and transactions, incoming and outgoing liquidity positions and certain very high-value payments/receipts with high-risk awareness.
- Act as an expert in liquidity management concerning the operational cash and liquidity management environment for EUR cash & liquidity (Target2, EBA, etc.)
- Problem-solving with the handling of exceptions and escalations in a global environment with different types of stakeholders.
- Resolving discrepancies and queries with the Front Office, Back Office and counterparties
- Work on complex issues and initiate process improvements to avoid operational risk
- Develops and maintains a network within the organization to be effective.
- Support change-related activities i.e. Participation in initiation, design and execution.
- Actively share knowledge within the team and help out team members when assistance is required
- Manage / safeguard the overall required knowledge requirements, driven by internal policies and external market infrastructures and regulations.
- HBO+ work and thinking level
- Starter or few years of experience in a treasury and/or financial markets environment of a Financial institution.
- Experience in a complex and dynamic service-orientated environment like;
- - Basic experience with Financial Markets processing systems
- - Basic (Bank) Treasury, cash and liquidity management expertise
- - Basic Knowledge of Treasury Products including; Foreign Exchange and Money Market
- Basic knowledge of regulatory framework requirements (like Target2 and EBA)
- Knowledge of key risks and stress points within Cash and Liquidity Management
- Excellent planning and prioritization skills with the ability to work under pressure with minimal supervision.
- Fluent in English and Dutch (preferably)
- Analytical Skills - Problem analysis and judgment
- Personal effectiveness and attention to detail
- Communication skills, ability to build and maintain a relation Network
- Ability to realize (Initiative, courage and self-confidence)
- flexible, stress-resistant and result-oriented
- Team player
- Agile Scrum
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 the contract
- Pension scheme
- 13th-month salary
- Individual Savings Contribution (BIS), 3.5% of your gross annual salary
- 8% Holiday payment
- Hybrid working to blend home working for focus and office working for collaboration and co-creation
- Personal growth and challenging work with endless possibilities
- An informal working environment with innovative colleagues
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.
Questions?
Contact the recruiter attached to the advertisement for more information. Want to apply directly? Please upload your CV and motivation letter by clicking the "Apply" button.
Please note, that multiple interview steps involving various business stakeholders will be part of the selection process.
Het salaris bedraagt €5060 - €8143