Head of Financial Markets Hungary

Head of Financial Markets Hungary

Full Time Budapest

Your work environment

Financial Markets (FM) is the Banks gateway to the professional markets around the world. Our primary function is to service the needs of INGs clients with products services and guidance. FM aims to be a significant player in our market leader and challenger markets with an additionalpresence in all the major international markets and specialist expertise in selected emerging markets and products.

Financial Markets is part of the ING Wholesale Banking unit and offers a market leading suite of financial products. Our clients include INGs own retail network corporates institutional private investors and insurance companies.

Your role

The core purpose of the position is to manage all FM activities in Hungary. The job requires a deep understanding of Financial Markets products as well as real time experience in the FM sector/marketplace. The holder of this position is accountable for the day-to-day running and financial performance of the FM business operated out of Hungary. This accountability extends to ensuring that all activities are undertaken within the behaviour standards set by ING and its regulators.

Your key responsibilities

You will manage FM Budapest a team of 15 employees in Hungary and will be responsible for local management activities including:

• Ensuring effective and appropriate communication and information sharing
• Development of staff at all levels e.g. performance management coaching training and development succession planning in order to build competencies of Financial Markets employees to ensure that we have a strong performance and culture
• Role model and championing the Orange Code values and behaviours
• Active participation as a member of the local network and management committees.

You will hold regulatory responsibility and accountability including:

• Responsibility for adherence to both the letter and spirit of all relevant policies procedures and guidance including applicable regulatory rules principles guidance and codes of practice
• Responsibility for creating an environment that consistently supports the values and behaviours of the Orange Code supplemented by easily understood business practices supporting behaviours which i) do not damage the integrity of the market and ii) ensure the fair treatment of customers
• Responsibility for ensuring that FM Hungary meets all applicable compliance obligations and that appropriate governance arrangements systems and controls are in place and for promoting a culture where all FM Hungary employees understand their role and responsibility for managing compliance risk

Who are we looking for

• Natural ability to lead and motivate teams of highly qualified professionals
• Strong communicator and ability to represent the bank effectively (both internally and externally)
• Highly effective team player (both functionally and regionally)
• Wealth of FM experience and market knowledge
• Deep knowledge of regulatory requirements affecting the FM business in Hungary
• Strong change manager with flexibility and adaptability
• International mind set and cultural sensitivity
• Entrepreneurial flair combined with the ability and willingness to contribute to formulating the strategy of FM
• Detailed knowledge and understanding of Risk/Compliance requirements and frameworks
• Maturity to effectively challenge (when appropriate) and oversee senior FM colleagues

Interested

If you have questions about this vacancy please dont hesitate to contact Cecilia Papp a.i. Head HR Hungary email: or Andrea Szigetvri HRM email:

We are looking forward to your application!