Senior Financial Risk Officer - Integrated Process Control

Job Overview

The Financial Risk (FR) department sets and controls the financial risk strategy across the bank by living its purpose of safeguarding ING’s financial health. The department provides strategic guidance on financial risk (in banking and trading books and in relation to the ING balance sheet), in line with regulatory compliance and acts as risk manager for Treasury activities globally. The Balance Sheet Risk (BSR) department (Tribe) within FR looks after the risks in the entire Bank’s balance sheet.

The department covers all financial related risks and contributes to the optimisation of positions on the balance sheet based on Regulatory and Economic Capital. FR/BSR includes an Integrated Process Control (IPC) chapter looking after the integrated processes in financial and control risk activities overarching to Financial Risk. IPC coordinates firm-wide and departmental change initiatives on processes and controls overarching to Financial Risk including the set-up and definition of global data and infrastructure strategy and related control framework for FR.

The Financial Risk Officer IPC plays a key role in executing FR strategy set by the FR MT, setting priorities and change initiatives and aligning these to ING’s overall and FR domain specific direction.

• Contribute to analysis and advice regarding overarching financial risk management processes and controls.
• Safeguard compliance of FR with ING internal policies as well as external policies and regulations from an operational process and control perspective.
• Contribute to compliance of firm‑wide Data Management Standards, including participation in regulatory compliance and changes.
• Contribute to firm‑wide and departmental change initiatives with the goal to make overarching financial risk management operational processes and controls efficient and effective.
• Contribute to establishing and guiding FR on best practices in RCSA and KCT activities, including Sox
  404 testing.
• Support FR in ad hoc requests within and from outside ING on FR processes and controls.
• Support FR in remediation of gaps and mitigation of risks with regard to processes and controls.

• Experienced professional with an up‑to‑date high‑level understanding of non‑financial risk management; focus on banking and/or trading risk.
• Broad experience in data and compliance of regulations.
• Excellent analytical skills on processes and controls including data requirements.
• Knowledge of ERM framework and NFR topics, KCT, Sox testing process is preferred.
• At least 10 years of relevant experience in the banking industry specifically in a non‑financial risk, audit or data area.
• The ability to challenge the status quo.
• Great team player skills with a hands‑on mentality.
• Excellent communication skills.
• Open mindset.

• 25 to 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.