Senior Functional Developer in Amsterdam

Our objective is to enhance the “ING standard” configuration for the our ALM systems and setup roll-out in 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 replication/hedging and IRRBB reporting, as well as supporting the team with ad-hoc solutions to practical problems that arise during new functional implementations.

You will play a central role within ING and your success will depend on your ability to maintain good relations with our stakeholders, i.e. ING locations, Finance, Corporate Financial Risk and also our external stakeholders ECB, EBA, DNB and the auditor of ING.

We are looking for a committed and collaborative senior team player, who has a proven track record in implementing ALM systems within a large Financial Institution. Also you understand complex ALM data and calculations and how these contribute to managing ALM risk.

Development of IRRBB measures, implementation of target behavioral models, IRRBB scenarios and hedging replication:

• Translate (external) business data requests into understandable and actionable items and designs for the team.
• Align and agree results with main stakeholders and management.
• Develop new functionality for our target model in QRM to structurally support an efficient delivery of complex data requests.
• Coordinate and agree on the implementation of the solution in our ALM landscape with main stakeholders.

We look for someone with the following skills/profile

• Extensive knowledge of financial risk management, relevant regulations on IRRBB, (ALM) modelling and hedging techniques.
• Proven track record in implementing a ALM system (e.g. QRM) in a large Financial Institution.