Business Control Specialist

About the Position

We are seeking a Business Control Specialist to ensure end-to-end business processes are properly designed, implemented, and controlled at ING Bank in Luxembourg.

Responsibilities

• Business Control, Internal Control & Process Assurance

  • Support Business Control activities to ensure end-to-end business processes are properly designed, documented, implemented, and controlled.
  • Perform gap analyses and Key Control Testing, covering both design and operating effectiveness.
  • Ensure business processes are aligned with regulatory requirements and ING standards.
  • Identify control weaknesses and propose pragmatic remediation actions.
  • Contribute to risk assessments across business lines by identifying risks, assessing their impact, and evaluating mitigating controls.

• Sourcing & Third Party & Intragroup Monitoring (TIPM)

  • Support ISIM teams and contract owners in outsourcing and intragroup arrangements.
  • Ensure effective implementation and ongoing monitoring of the TIPM framework at ISIM level, in line with regulatory requirements (including DORA) and Group standards.
  • Coordinate sourcing arrangements and related regulatory and internal requirements.
  • Perform quality control of sourcing documentation and monitoring activities.

• Operational Resilience & Business Continuity

  • Contribute to the implementation and maintenance of ING’s Operational Resilience framework.
  • Support Business Continuity Planning (BCP) activities and ensure alignment with Group standards and regulatory expectations.

• Regulatory & Continuous Improvement

  • Support business departments in complying with regulatory requirements and ING policies.
  • Monitor regulatory and technical developments impacting the fund and asset management industry.
  • Contribute to a strong risk and control culture and a continuous improvement mindset within ISIM.

Requirements

• Location: Luksemburg, Luksemburg
• Department: Business Control

We Offer

• Be part of a global bank with a diverse and inclusive culture.
• Opportunities for professional growth and development.
• A chance to make a significant impact on our clients and society.

About the Company

ING is committed to innovation, sustainability, and excellence. As part of the global ING Group, we provide comprehensive financial services, including banking, investments, insurance, and pensions. Join us to help shape a more sustainable future for people and the planet.