Collateral management specialist

Your Job

Global Collateral Management Expertise team is in charge of the collateralization process for financial markets transactions with the purpose to mitigate credit risk. You will be actively participating and delivering in numerous projects and initiatives to accomplish the correct implementation and optimization of processes. You will act as a liaison between different Collateral centers ING Hubs Philippines and the Center of Excellence in Amsterdam to maintain control and excellence in the Operational Service. You will be responsible of the coordination monitoring and alignment of all the streams related to collateral management for OTC ETD GMRA/GMSLA Portfolio Reconciliations Clearing etc.

As a Senior Operations Specialist within the Global Collateral Management team you will be responsible for monitoring the complete and timely execution of the Global Collateral Management activities in the ING Hubs Philippines and in other Collateral units around the globe and will act as a Senior member of the expertise team while having the opportunity to assume leadership in several change initiatives.

Key responsibilities

• Supervise the daily collateral management process and ensure this process takes place timely and accurately to meet INGs obligations under legal documentation such as CSA GMRA or GMSLA;
• Manage escalation processes with different stakeholders in order to maintain operational excellence in all margining activities
• Ensure that best practices and Target Operating models for collateral management activities are followed in all Collateral Centers.
• Act as advisor and executor in all projects and new implementations impacting Collateral Management.
• Monitor management reporting for all business partners;
• Review processing procedures and propose improvements to increase efficiency;
• Implement and align changes to processes as required by new regulations projects or policies.

Your work environment

Global Collateral Management Expertise team Amsterdam is part of WB LS&FM Operations domain. We operate for the Financial Markets business unit. The environment is primarily internationally oriented. The level of professionalism within GCM and amongst market counterparties is high. Work week 40 hours.

Who are we looking for

You are a graduated or academically skilled person in Economics or similar education. You are enthusiastic a natural leader and looking for a challenging position. You have a solid analytical background strong risk awareness and client focus. Knowledge of credit processes and credit risk and Financial Markets systems is preferred. Fluent in English both oral and in writing. Other competencies and experience:

• Experience in process design measurement and optimization
• Working experience in a global organization with different cultures and maturity levels
• Change strategy and corporate implementation skills deep experience with working in large growing international organizations facing demanding business requirements.
• Ability to work and deal with key stakeholders and with proven track record and credibility in achieving results leading and delivering in projects and implementations.
• Strong influencing and negotiation skills
• Leadership and Management skills
• Intellect (Problem analysis and judgment Creativity and Professional expertise/Market focus).
• Personal effectiveness (Decisiveness and Attention to detail) & accountibility
• Excellent analytical skills Process Coordination
• Professional expertise/ market & customer focus
• Team player who takes initiative
• Investigative sensitive & able to listen
• Hands on mentality

Knowledge

• Minimum of 7 years experience in a Collateral Management Risk Management Financial Markets Operations or similar environment;
• Very good knowledge and understanding of Financial Markets products especially derivatives;
• Solid understanding of legal documentation regarding collateralized products e.g. ING policy on ISDA Master Agreements.
• Solid understanding of European Banking regulations impacting Financial markets industry.

Rewards and benefits

We want to make sure that its possible for you to strike the right balance between your career and your private life. You can find out more about our employment conditions here.

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

8% Holiday payment

Hybrid working

Personal growth and challenging work with endless possibilities

An informal working environment with innovative colleagues

About us

With 60000 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 whats possible and at the same time ensure you work with integrity and hold the customers 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.