Analyst - Global Securities Finance

Financial Risk | Global Securities Finance | Analyst| NYC

About ING: 

Ranked #8 on LinkedIn Top Companies in Financial Services

Crain’s 100 Best Places to Work

Ragan’s Top Places to Work in 2023

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.

About the department:

The TRM team is a central part of ING’s risk management framework, with primary responsibility for assessing, monitoring, and managing the risk of all financial markets trading books. TRM is independent from the revenue generating divisions and reports to the firm’s Chief Risk Officer.

Responsibilities :

• Measure, monitor, analyze and report P&L of the trading books daily.
• Measure, monitor, analyze and report market risk of the trading books daily.
• Prepare P&L related market commentary as required by internal policies.
• Provide accurate and timely daily inputs into the consolidated PL reporting tools.
• Prepare general ledger monthly accounting entries to align PL and balance sheet as required.
• Ensure that the established controls are followed to present complete and accurate monitoring and reporting of P&L and Risk.
• Perform monthly price testing procedures.
• Perform stress testing and analyze results.
• Perform pro-active risk management by providing analysis and advice to the Financial Markets front-office.
• Where applicable, analyze and record monthly valuation adjustments as it relates to price uncertainty.
• Perform key control checks as it relates to the monthly risk control framework to support the internal/external audits and SOX control reporting.
• Prepare product-specific monthly PL and risk results included in the local parameter review meeting chaired by the finance department.
• Manage relationships with all relevant stakeholders through collaboration and open communication.
• Participate and contribute to all relevant special projects and initiatives.
• Actively participate in and contribute to the global team stand-up calls and provide global team support when required.
• Provide support for local and global regulatory reporting deliverables.
• Cross train in other related products to provide daily and monthly coverage for other team members as necessary.

Qualifications and Competencies

• Bachelor’s degree in business, Finance, or other relevant field of study.
• 2+ years of relevant working experience in Financial Markets products; equity, bonds, derivatives.
• Strong quantitative and analytical skills and solid understanding of financial analysis/econometrics.
• Strong written and verbal communications skills.
• Detail-oriented with a commitment to quality and control.
• Proactive towards change improvement and team concept oriented.
• Proficient in Microsoft Excel and VBA.
• Basic knowledge in database tools including Access, SQL, and other programming languages including SAS and Python a plus.

Salary Range $110,000-$140,000

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

ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to color, 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.

ING Bank does not have a commercial banking license in the U.S. and therefore not permitted to conduct a commercial banking business in the U.S. Through its wholly owned subsidiary ING Financial Services LLC, and its affiliates, it offers a full array of wholesale products such as commercial lending and a full range of FM products and services.