ING Wholesale Banking ("WB") is looking to hire a funding, liquidity and collateral management associate for its Financial Markets Credit Eposure Management ("FM CEM") team to be based in London.
As part of the team, you will contribute to the three main responsibilities under FM CEM in London:
Manage and optimise collateral for ING's derivatives portfolios Price and hedge any funding implications on FM derivative transactions Centralise and manage liquidity for the bank's financial markets division.
As our new colleague you will join a highly skilled team with very strong knowledge of financial markets products, valuation, trading and risk but also very hands on attached to reality closely involved in new transactions and revenue generation targets where pricing, hedging, management and optimisation are at the core of our day to day.
Main Duties and Responsibilities of Role:
Act as the subject matter epert (SME) on collateral, acting as the primary point of contact for all collateral-related queries
Lead negotiations and eecution of collateral terms and schedules with financial counterparties and clients
Identify and implement optimisation opportunities that include but are not limited to revenue generation and cost reduction
Maintain a deep understanding of collateral processes and requirements from a front office perspective
Performing daily/weekly/monthly reporting and comprehensive analysis for various collateral metrics
Independent analysis of collateral position and movement for the bank
Performing PnL analysis and substantiation for the FM CEM Funding, Liquidity and Collateral profit centres
Developing and running control functions for various aspects of CEM Funding, Liquidity and Collateral
Participate in developing new tools and methodologies for CEM Funding, Liquidity and Collateral
Proactively monitor market and regulatory developments impacting collateral management
Candidate Profile
Qualifications / Education:
Essential:
Bachelors or Masters degree in a quantitative subject or equivalent
Desirable:
Finance degree or course in Derivatives and/or Risk is desirable but not essential
Eperience / Knowledge:
Proven eperience at a Trading, Risk, or VA desk, with a strong understanding of financial markets
Advanced Ecel modelling capabilities, with a focus on building robust and scalable models
Proficient in VBA/Python, with eperience automating workflows and developing analytics tools
Solid understanding of Interest Rate, F, and Credit derivatives, including their pricing, risk sensitivities, and market conventions
Working knowledge of Counterparty Credit Risk (CCR), VA (CVA, DVA, FVA, MVA), and regulatory margin and collateral frameworks
Skilled in presenting complequantitative concepts to both technical and non-technical audiences
Skilled in using MS Office tools for reporting, analysis, and communication with stakeholders
Competencies:
Strong analytical mindset with the ability to interpret large datasets and etract actionable insights
Ecellent communication and interpersonal skills; able to articulate compleideas clearly and concisely to a wide range of audiences
Results-driven and highly organised, with a track record of delivering high-quality work under pressure
Demonstrated initiative and ownership; able to work independently while collaborating effectively within cross-functional teams
Committed to continuous learning and professional development in a fast-paced, evolving market environment
Willing to go the etra mile to support team objectives and client needs
ING's purpose is 'Empowering people to stay a step ahead in life and in business'. Every ING colleague is given the opportunity to contribute to that vision. We champion self-reliance and foster a collaborative and innovative culture. The Orange Code is our global manifesto for how we stay true to our purpose and our tradition of reinvention and empowerment. It is made up of
ING Values
(we are honest; we are prudent; we are responsible) and
ING Behaviours:
(you take it on and make it happen; you help others to be successful; you are always a step ahead)
For us, success will only be achieved if we act with
Integrity
.
Some companies see diversity as a bo to be ticked. We see it as fundamental to our success and we encourage a proper work/life balance. At ING, you will be judged on your performance in line with the Orange Code. And that's a promise.
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Amanda Whitehead
Bij ING willen we het beste uit mensen halen. Daarom hebben we een inclusieve cultuur waarin iedereen de kans krijgt om te groeien en een verschil te maken voor onze klanten en de samenleving. Diversiteit, gelijkheid en inclusie staan bij ons altijd voorop. We behan iedereen eerlijk, ongeacht leeftijd, geslacht, genderidentiteit, culturele achtergrond, ervaring, geloof, ras, etniciteit, beperking, gezinssituatie, seksuele geaardheid, sociale afkomst of wat dan ook. Heb je hulp nodig of kunnen we iets voor je doen tijdens je sollicitatie of gesprek? Neem dan contact op met de recruiter die bij de vacature vermeld staat. We werken graag samen met jou om het proces eerlijk en toegankelijk te maken. Lees hier meer over hoe wij staan voor diversiteit, inclusie en erbij horen.
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