Financial Risk Specialist II

Financial Risk Specialist Trading Risk Management (TRM) CEM & Macro

TRM CEM & Macro is a global department within INGs CRO Financial Risk organization. The team provides independent market risk oversight for the Credit Exposure Management (CEM) desk of Financial Markets (FM). We manage INGs XVA (Valuation Adjustments) risks arising from global derivative activities as well as risks from Macro strategies adopted by FM.

As a Financial Risk Specialist you will play a key role in monitoring and managing market risks related to XVA. You will work closely with traders trading quants model risk management and other stakeholders across the FM value chain.

This role offers a unique opportunity to gain expertise in both credit risk (XVA collateral counterparty credit risk) and market risk (VaR limit monitoring) while gaining exposure to all derivative asset classes traded by FM. Our team culture is informal open and results oriented.

Your responsibilities include:

• Monitor portfolio risk sensitivities Value-at-Risk (VaR) stress scenarios and limit usage.

• Maintain ongoing dialogue with Front Office on positioning market developments and trading strategies.

• Set risk appetite for the CEM desk (e.g. VaR Greek limits).

• Act as model owner for XVA VaR and FRTB-CVA capital models.

• Develop and perform model monitoring activities.

• Contribute to market risk modelling enhancements and stress test development.

• Support regulatory initiatives such as the Fundamental Review of the Trading Book (FRTB).

• Participate in quantitative impact studies (QIS) industry benchmarking and consultations.

Who are we looking for

We are looking for a professional with 23 years of experience in financial risk disciplines who thrives in a dynamic and evolving environment.

• Masters degree in economics econometrics or another quantitative field.

• Proven knowledge of financial markets and instruments.

• Strong analytical and data-mining skills with attention to detail.

• Excellent communication skills and ability to engage with multiple stakeholders.

• Proficient in breaking down complex issues and developing practical and strategic responses.

• Fluent in English.

• Technical skills: Proficiency in Excel; knowledge of VBA Python and SQL is a plus.

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. Find out more about our employment conditions.

The benefits of working with us at ING include:

• 25-28 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
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Discover what we do and what we can offer you.

Questions
Contact the recruiter attached to the advertisement. Want to apply directly Please upload your CV and motivation letter by clicking the Apply button.