Group Treasury Dealer

About the Position

Group Treasury Dealer

Your role & work environment

As a Group Treasury Dealer, you ensure that ING Luxembourg manages its cash positions accurately on a daily basis across all currencies and maintains adequate funding in line with regulatory requirements and internal risk appetite. You contribute to the management of liquidity risks while supporting the Treasury transformation journey.

You will join Group Treasury Luxembourg, a team of 4 professionals managing Capital, Interest Rate and Liquidity Risks. Working within a global Treasury organization of more than 120 colleagues, you will closely collaborate with Group Treasury teams based in Amsterdam, Brussels and other international locations.

Responsibilities

Daily Liquidity & Cash Management

• Understand and square cash balances on a daily basis and monitor structural business and balance sheet developments.
• Execute financial transactions, mainly with ING Bank NV, to ensure proper daily cash management and flatten Nostro positions.
• Ensure cash positions are funded adequately and managed in line with regulatory requirements and internal risk appetite.

Liquidity Risk Management

• Challenge and ensure that the Liquidity Coverage Ratio (LCR) remains within risk appetite.
• Support the Internal Liquidity Adequacy Assessment Process (ILAAP) locally and towards the Group Treasury functional line.
• Contribute to the development of the Liquidity Management Buffer concept, covering key balance sheet risks and liquidity consumption drivers under both normal and stressed conditions.

Transformation & Stakeholder Management

• Support the ongoing transformation initiatives of Wholesale Banking and Private Banking, including the simplification of ING Luxembourg Nostro accounts.
• Collaborate with Group Treasury Money Market Dealers in Amsterdam and Brussels and contribute to functionally led projects.
• Stay up to date with regulatory developments, liquidity policies and transformation impacts affecting the cash infrastructure and liquidity management framework.

Requirements

• Proven experience (minimum 5 years) in bank payments and cash management activities.
• Knowledge of payment infrastructure and interactions between banks, including Nostro account management and cash balancing processes.
• Understanding of the importance of squaring Nostros and respecting payment cut-off times.
• High level of spoken and written English; French is considered an asset.
• Strong attention to detail, organization skills and commitment to delivering high-quality work.
• Ability to work independently and as part of a team, with a risk-aware and results-driven mindset.
• Good communication skills, multicultural awareness and sensitivity.

We Offer

• A full-time position based in Luxembourg (40 hours per week).
• A competitive compensation package aligned with your experience, skills and competencies.
• The opportunity to work within an international Treasury organization and collaborate with colleagues across multiple locations.
• Exposure to strategic transformation initiatives and a dynamic banking environment.

About the Company

We redefine banking. What about you?

There has never been a more interesting time to work at ING. We’re on a journey that’s centred around our customers, powered by technology and driven by smart, determined people. Our customers feel our people are empowering them to stay a step ahead in life and in business. We’re proud of that!

ING wants people to give their best. For this, we create an inclusive culture where everyone can grow and make a difference for our customers and society. We always promote diversity, equality and inclusion. We do not tolerate any form of discrimination: by age, gender, gender identity, culture, experience, religion, race, disability, family responsibilities, sexual orientation or otherwise. If you need support or help during the selection process or interview, contact the recruiter indicated in the announcement. We will be happy to help you to make everything fair and accessible. Click here to learn more about our commitment to diversity and inclusion.