Job Properties
  • Job Type
    Full-time Position
  • Category
    Software & Information Technology
  • Languages
  • Experience Required
  • Degree Required
    • Province
    • Date Posted
      October 01,2021
    • JSS
    • VISA
    • IMG_6430
    • Career Consultation
    • CV CHECK

    Junior ALM Business Analyst

    We are looking to strengthen the Asset and Liability Management Life Cycle team with an enthusiastic person, who is highly motivated to learn more about balance sheet risk management.

    ING is building one standard implementation for Interest Rate Risk and Forecasting in the banking books. Regulations and internal risk management insights require us to constantly enhance our ALM capabilities.

    Within our team we aim to develop new functionality and methodologies for risk management and finance departments in one target platform (QRM). Our team aims to find the right balance between conceptual risk management and practical implementation.


    You will help with building target ALM solutions and implementation of new products and functionalities to the ING Balance sheet:

    • analyse risk measurement figures and methods

    • explain results and figures to various locations and users of the system

    • develop new functionality in our target platform, such as behavioural models

    • the end criterion is that output figures for reporting are covered in full and signed off by the users

    • execute configuration fit/gap analyse on new functionality (IRRBB related)

    The Team

    The project team (± 80 people) is divided into smaller squads of around nine Business Analysts and TECH experts. You will work in a highly professional environment with lots of growth and development opportunities. The teams consist of experts of all around the world, which gives you the unique chance to explore the work field from different viewpoints.

    The mission

    Our objective is to roll-out the “ING standard” configuration for to all locations ING operates in, such that it enables us to report and calculate the core Risk figures (NII- and NPV-@risk). When joining the team you will work on the implementation of new ALM functionalities as well as assisting the team with country support. This means you are working closely together with stakeholders like Modeling, ALM Data teams, (foreign) Market Risk management, Finance and Global Treasury.

    How to succeed

    We hire smart people like you for your potential. Our biggest expectation is that you’ll stay curious. Keep learning. Take on responsibility. In return, we’ll back you to develop into an even more awesome version of

    yourself. The successful candidate should have strong analytical skills and the ability to create, challenge and improve risk monitoring techniques and measures. The candidate should have good communication skills and a pro-active attitude, willingness to learn new things and a drive to continuously look for improvement.
    Furthermore you have:

    • Master’s degree in econometrics, mathematics, economics or similar quantitative study
    • 0-2 years’ experience in a relevant position is a plus but not required
    • Affinity with IT
    • Good communication skills in English
    • Team player
    • Strong analytical skills
    • Flexible and out of the box thinker

    Rewards & benefits

    We want to make sure that it’s possible for you to strike the right balance between your career and your private life. You can find out more about our employment conditions here.

    The benefits of working with us at ING include:

    A salary tailored to your qualities and experience

    • 24-27 vacation days depending on contract

    • Pension scheme

    • 13th month salary

    • Individual Savings Contribution (BIS), 3.5% of your gross annual salary

    • 8% Holiday payment

    • Personal growth and challenging work with endless possibilities

    • An informal working environment with innovative colleagues

    • Work Agile, so new ideas come to life faster

    Want to apply directly?

    Please upload your CV and motivation letter by clicking the “Apply” button.

    About us

    With 57,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of what’s possible and at the same time ensure you work with integrity and hold the customer’s interests at heart? Do you want to be surrounded by progressive, inspiring, diverse and supportive colleagues? Then there is no better place to invest your talents than at ING. Join us and apply today!

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