Analyst, Market Risk Manager

Job Overview

This role is responsible for market risk management (analysis, reporting, and monitoring) of the commodity derivatives trading desk in New York.

Within FM, the commodity derivatives trading desk provides hedges to clients with already existing lending relations to ensure right‑way risk to ING. The desk has global coverage, with main trading hubs in London, Singapore, and New York. This role covers the market risk aspects for commodity derivatives trading, offering an opportunity to learn and make an impact in a diverse and collaborative team.

• Manage all market risk aspects of the commodity trading desk.
• Ensure that controls are in place for complete and accurate monitoring and reporting of market risk.
• Measure, monitor, analyze, and report market risk of CMD trading books on a daily basis.
• Perform proactive risk management by providing analysis and advice to the front office.
• Collaborate with the regulatory risk team and respond to regulatory requests promptly and accurately.
• Execute and monitor risk processes and ensure the data quality within these processes.
• Coordinate with the Global Market Data team (GMDB), Trading Application Support, System Support and other teams to set up new market data sources and to help resolve market data related issues.
• Actively participate in product and regulatory related projects and initiatives, including system upgrades, testing, and set‑up of new products, desk/risk management system migrations, MI, FRTB, market data sourcing, department audits, risk tooling upgrades/maintenance, and rolling out reporting solutions.
• Actively participate in regulatory examinations, internal audits (CAS), external reviews (KPMG), and Model Validations (MV).
• Streamline reporting processes and adapt to IT and system changes.

• Bachelor’s or Master’s degree in Business, Finance, Statistics, Economics, or other relevant field of study.
• 0–1+ years of relevant working experience.
• Good knowledge of financial markets, economics, and commodity market risk.
• Delivery focused with strong analytical skills, and ability to perform cash‑flow analysis using analytical tools.
• Energetic, able to work independently and take initiative to drive value.
• Ability to perform under pressure, multitask, and react/reprioritize quickly.
• Strong verbal and written communication skills.
• Excellent organization and problem‑solving skills.
• Professional, proactive, self‑driven, hands‑on, collaborative, and responsive.
• Must be well‑versed in Microsoft Office applications, particularly Excel VBA. Python and SQL are highly recommended.

Salary Range: $79,000–100,000 (base salary only). Eligible for participation in a discretionary bonus program.

In addition to comprehensive health benefits, a generous 401(k) savings plan, and competitive PTO, ING provides a broad array of benefits including adoption, surrogacy, and fertility services; student debt assistance; and subsidies for commuting and fitness expenses.

ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to race, gender, religion, national origin, citizenship, disability, age, sexual orientation, or any other characteristic protected by law. We celebrate these differences and rely upon your unique perspective to innovate and seize new opportunities. Come as you are.