Operations Specialist Cash and Liquidity Management

Do you have relevant banking experience in treasury products cash and liquidity management Are you curious eager to grow and not afraid to ask questions Then we are looking for you!

Your new role

Your will be 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. Your are is responsible for the correct complete and timely monitoring support and reporting of activities to facilitate a seamless management of INGs liquidity positions including contingency arrangements and fall back.

You will provides cash and liquidity management services to internal parties within ING across all entities and works 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. You guarantee that the internal client requests are satisfactorily answered within the service level agreements.

Furthermore it is your responsibility to ensure that the working environment is optimally serviced and covered with the other team members in a self-reliant way and will also support the backlog items for the cash and liquidity management Function. As per the Agile way of Working.

Your key Responsibilities:

• Responsible for real-time liquidity monitoring and forecasting of cash balances and transactions.
• Ensuring that the balances of accounts are managed towards pre-agreed targets. (Start of Day Intraday and End of Day).
• Monitor expected vs. realized incoming and outgoing flows and certain very high-value payments / receipts with high-risk awareness.
• Analyse and resolve discrepancies and queries with the Front Office Back Office and internal counterparties instantly.
• Problem-solving with the handling of exceptions and escalations in a global environment with different types of stakeholders.
• Act as an expert in liquidity management concerning the operational cash and liquidity management environment for EUR cash & liquidity (Target2 EBA etc.)
• Work on complex issues and initiate process improvements to avoid operational risk.
• Support change-related activities i.e. participation in initiation design and execution.
• Develops and maintains a network within the organization to be effective.
• 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.
• Handle all change related activities i.e. participation in initiation design and execution participate/work via Agile Scrum method.

How to succeed

We hire smart people like you for your potential. Our biggest expectation is that youll stay curious. Keep learning. Take on return well back you to develop into an even more awesome version of yourself.

Furthermore you have:

• Current residency in the Netherlands is required to be considered
• HBO / HBO to Academic work and thinking level
• 3-4 years of relevant experience in an banking environment and have knowledge of treasury cash and liquidity management
• Knowledge of key risks and stress points within Cash and Liquidity Management
• Knowledge of Financial Markets processing systems
• Knowledge of Treasury Products including; e.g. Foreign Exchange and Money Market
• Knowledge of regulatory framework requirements (like Target2 and EBA)
  

Competencies

• Flexible stress resistant and result oriented
• Communication skills (ability to build and maintain a relation Network)
• Ability to work under pressure with minimal supervision
• Excellent analytical skills problem analysis and judgment
• Excellent in planning and prioritization
• Ability to multi-task work to deadlines and accommodate varying levels of activities
• Personal effectiveness (Decisiveness Listening and Empathy skills and Attention to detail Influence (Persuasiveness) and realisation ability)
• Agile Way of Working (applying Agile Scrum methodologies)

Rewards & 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 in GJA15/ FS9
• 12-month contract with view to extend to permanent
• 36 or 40 hour workweek (a 4x9 workweek is possible)
• Individual leave: 242 individual holiday days based on 36 hr workweek
• Diversity leave: 3 days per year (15 paid 15 unpaid)
• CSR days: up to 2 days per year to actively engage in society by volunteering
• 13th month salary
• 8% Holiday payment
• Individual Savings Contribution (BIS) 3.5% of your gross annual salary
• Mobility card
• Attractive pension scheme
• Hybrid working to blend home working for focus and office working for collaboration and co-creation. Office days are Tuesday and Thursday.

Want to apply directly

Upload your CV and motivation letter by clicking the Apply button! Your cover letter should demonstrate your motivation to join ING and how your future career ambitions!

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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 and apply today!