Analyst, Market Risk Manager

About the Position

Analyst, Market Risk Manager

Location: New York City, New York

About ING:

In the 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.

Responsibilities

• 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 setup of new products, desk/risk management system migrations, MI, FRTB, market data sourcing, department audits, risk tooling upgrades / maintaining, roll 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;

Requirements

• 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 the initiative to drive value;
• Ability to perform under pressure, multi-task and react/reprioritize quickly;
• Strong verbal and written communication skills;
• Excellent organization and problem-solving skills are required;
• Professional, proactive, self-driven, hands-on, collaborative, responsive;
• Must be well versed in Microsoft Office applications, particularly Excel VBA. Python and SQL are highly recommended.

Salary Range

$79,000-100,000

The salary range listed reflects base salary only. This role is eligible for participation in a discretionary bonus program.

We Offer

• Comprehensive health benefits
• Generous 401k savings plan
• Competitive PTO
• Adoption, surrogacy, and fertility services
• Student debt assistance
• Subsidies for expenses associated with commuting and fitness

About the Company

At ING, we celebrate diversity and are committed to creating an inclusive environment where everyone can thrive. 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.

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.