Analyst - Balance Sheet & Capital Management

Group Treasury | Balance Sheet & Capital Management | Analyst | New York

In Americas, ING’s Wholesale Banking division offers a broad range of innovative financial products and services to domestic and international corporate and institutional clients.

When you come to work at ING, you’re joining a team where individuality isn’t just accepted, it’s encouraged. We’ve built a culture that’s fun, friendly and supportive – it’s the kind of place where you can be yourself and make the most of whatever you have to offer. We give people the freedom to take risks, think differently, take ownership of their work, and make great things happen.

We’re here to help you get ahead. And with our global network, there’s plenty of scope to take your career in new directions, perhaps even ones you’ve never considered. ING Americas follows a hybrid work model, allowing for in-office / work from home flexibility. Hybrid work arrangements vary based on business area.

Sound like the kind of place you’d feel at home? We’d love to hear from you.

The Analyst in Balance Sheet and Capital Management (BS&CM) department will assist in planning for capital, liquidity, and funding in line with business development, and safeguarding adherence to regulatory principles.

Group Treasury at ING Americas is responsible for managing and monitoring ING’s capital, funding, and liquidity positions across both business-as-usual and stress scenarios. This includes oversight of regulatory liquidity metrics and ensuring alignment with global treasury strategy.

The function facilitates risk and funding transfers from business lines to the Group Treasury books, sourcing funding from both the local U.S. market and Group-level channels. It actively manages associated interest rate, FX, and liquidity risks through the use of derivatives, including interest rate swaps and FX forwards.

In addition, Group Treasury oversees the management of the High-Quality Liquid Asset (HQLA) portfolio to ensure compliance with LCR and NSFR requirements, while optimizing yield and liquidity. The team also leads interest rate hedging strategies to mitigate structural risk on the U.S. balance sheet.

Group Treasury further advises business lines on pricing and potential balance sheet impacts of lending and deposit products, ensuring that commercial decisions are aligned with funding and risk objectives.

The Balance Sheet and Capital Management (BS&CM) department leads planning for capital, liquidity, and funding in line with business development, and safeguards adherence to regulatory principles.

• Assist in preparing balance sheet and capital analyses, focusing on monitoring and reporting developments in ING’s commercial activities.
• Support the preparation of recommendations and reports for senior management, including the Asset & Liability Committee (ALCO Americas) and Americas Management Team (AMT).
• Help coordinate and improve processes related to the Internal Liquidity Adequacy Assessment Process (ILAAP) and Internal Capital Adequacy Assessment Process (ICAAP).
• Collect, analyze, and interpret financial data to support capital and funding planning.
• Monitor positions and P&L in BS&CM-owned books under supervision.
• Stay informed about developments in financial markets, regulations, and industry best practices.
• Collaborate with colleagues in Group Treasury, Finance, and Risk globally.

• Bachelor’s degree in finance, economics, engineering, or a related field (Master’s preferred but not required).
• 0–2 years of relevant experience (internships or entry‑level roles in Treasury, Finance, or Risk are a plus).
• Basic understanding of capital, funding, and liquidity risks.
• Familiarity with financial regulations is an advantage.
• Proficiency in Excel; and strong programming skills (VBA or Python).
• Strong analytical and quantitative skills.
• Eagerness to learn and develop expertise in Treasury and capital management.
• Effective communicator, both verbally and in writing.
• Team player with a proactive and results‑driven mindset.
• Ability to work under time pressure and manage multiple priorities.
• Multicultural awareness and…