Financial Risk Manager

Help millions move forward by keeping ING NL's balance sheet safe and steady, so people can spend less time thinking about banking and more time doing what moves them. In Market Risk Management NL, you'll turn complex market dynamics into clear, responsible actions that protect margin and Net Interest Income and give our customers the freedom to focus on what matters most.

You'll join a close-knit team of around 30 experts who manage the balance sheet of ING NL. We hedge interest rate and liquidity risks in partnership with Group Treasury, advise business stakeholders on pricing and product changes, and translate macro‑economic trends into practical decisions. We work in agile squads, value empowerment, and combine rigorous analysis with approachable, straight‑forward communication.

• Take responsibility within a squad for a balance‑sheet perimeter of roughly EUR 150‑180bn in assets and liabilities, influencing about one‑third of ING's overall P&L.
• Hedge the balance sheet to deliver a stable margin and Net Interest Income, proactively managing interest rate risk based on client‑behaviour insights.
• Model and monitor client behaviour (e.g., prepayments, savings and current account dynamics) to spot trends and steer hedging decisions.
• Advise business tribes on pricing and product decisions across mortgages, savings, current accounts, business and consumer lending.
• Engage stakeholders such as CRO NL divisions, Finance, Group Financial Risk, Model Validation, and Group Treasury.

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.

If you bring the qualities below, we'd love to meet you:

• Education
  : MSc or PhD in Econometrics, Mathematics, Engineering, Physics or similar quantitative field.
• Experience
  : 0‑2 years in financial services (banking, insurance, consulting) with exposure to market risk or ALM.
• Expertise
  :
  Solid understanding of financial risk management, Basel/IRRBB regulations, and hedging techniques. Experience with behavioural ALM models (e.g., prepayment, non‑maturing deposits) is a plus.
• Tools
  :
  Proficiency with SQL and coding (Python/R) is an advantage; familiarity with QRM or other ALM systems is welcome.
• Skills
  :
  Able to summarise complex topics for senior management and collaborate effectively across teams.
• Mindset
  :
  Analytical, attentive to detail, team‑oriented, and comfortable challenging the status quo. Fluent in English. Commitment to ING values and readiness to take the Banker's Oath.

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

The benefits of working with us at ING include:

• A salary tailored to your qualities and experience
• 25 - 28 vacation days depending on contract
• Pension scheme
• 13th month salary
• 8% Holiday payment
• Mobility Card
• Hybrid working
• Personal growth and challenging work with endless possibilities
• An informal working environment with innovative colleagues

Curious about how ING empowers people and businesses to move forward? Discover what we do and what we can offer you.

Contact the recruiter attached to the advertisement for more information. Want to apply directly? Please upload your CV and motivation letter by clicking the 'Apply' button.