Treasury analyst

Group (GT) Treasury is looking for a (Junior) Treasury Analyst for the Balance Sheet Management (BSM) team, located in Amsterdam

Over the last decade, the financial sector has received much attention. The financial crisis and its consequences in the market combined with rapidly changing regulations have resulted in even more challenging environment than before. The financial turmoil as a result of the Covid-19 pandemic as well as invasion of Ukraine by Russia, and the real economic implications following these events has increased the challenges further. If you would like to be part of this environment and have an impact on the balance sheet management of the bank, please read on.

The team

Group Treasury (GT) is a global function that is locally embedded in every ING bank business unit. The primary responsibilities of GT include managing the Bank's capital, funding & liquidity and its interest rate risk profile next to the management of ING's investment portfolio. GT also provides strategic advice on all capital and balance sheet management related topics primarily focussing on the bank's capital and funding & liquidity position. GT's culture highly values Orange Code thinking and behaviour, and embraces diversity to ensure a more dynamic, well balanced work environment.

We are looking for an enthusiastic professional to strengthen the Balance Sheet Management team within Group Treasury.

Role & Responsibilities

Your role would be to become part of the central BSM team (10 FTE) in Amsterdam that is responsible for preparing balance sheet analyses focused on monitoring and analyzing the developments in the commercial activities of the bank. For these analyses, the team considers the markets it operates in and the continuously changing regulations the bank faces. Using the acquired knowledge and insights, you also prepare advice for senior management including the Management Board of the bank to help steer the bank's balance sheet. You work closely with the other functions within Group Treasury as well as Commercial Business lines, Finance and Risk.

Your primary tasks will be:

• Support ILAAP coordination including the preparation of the Liquidity Adequacy Statements as well as self-assessment process run through countries. Improve the content and process of our yearly ILAAP submission to the ECB and realise different projects identified in the ILAAP improvement plan (and come up with your own topics to further improve).
• Contribute to the preparation of the (Contingency) Funding Plan, including enhancement and maintenance of the tooling used as a basis for the plan.
• Support steering and maintenance of BSM books.
• Contribute to the defining and steering of F&L metrics as part of ING's Funding and Liquidity framework.
• Support and execute other (ad-hoc) activities, including preparation of requests from senior management and regulators.
• Being the liaison for balance sheet management related matters for one or more countries.

How to succeed

• Master's degree in finance, economics or engineering
• 1 to 3 years of working experience in risk management, financial regulations and/or managing and analyzing interest rates.
• Knowledge of monitoring and assessing funding and liquidity risks is a plus.
• Knowledge of the relevant regulatory framework (ILAAP, Basel IV) is a plus.
• Comfortable and experienced in interacting with senior management, Finance and Risk teams throughout the global organization.
• Programming skills (VBA for Excel, Phyton)
• Advanced analytical skills  
• Track record in data and data analysis
• Strong communication skills, both verbal and in writing
• Resilient, effective and pro-active, especially in stressful circumstances
• Team player (Orange Code)

We believe in diversity and equal opportunity. No matter your background, you are welcome in Group Treasury. And please note that if you don't meet all of the criteria mentioned but you believe this is the right position for you, we invite you to apply anyway or contact us for more information.

Rewards & 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: 

• The position is a fulltime function, 40 hours per week. Part-time (minimum 32 hours) is an option that can be discussed.

•  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!