Job Description

ING is looking for an ICAAP specialist to strengthen the ICAAP Analytics team within Integrated Risk. The role of ICAAP specialist allows you to support ING in executing its strategy while keeping the bank save and secure. You will contribute to the various ICAAP building blocks, most notably: ICAAP Stress Testing, Risk Appetite and Economic Capital.

The team

ICAAP Analytics is a staff department within Integrated Risk that executes and coordinates various integrated risk topics like:

• Stress testing: Covering internal and external (EBA) ICAAP/Capital Stress Testing as well as Climate Risk Stress Testing.

• Risk Appetite: Coordination of the group-wide Risk Appetite Framework, including solvency/capital risk appetite, allocation to risk types and preparing the annual risk appetite to the Management Board Banking and Supervisory Board.

• Economic Capital: Overseeing the implementation of the new Economic Capital Framework and supporting further usage in both risk management and steering.

• ICAAP: Being the second line of defense with respect to ICAAP/Capital Management and thereby working close together with Group Treasury.

• New regulations: Assess the impact of new regulations like CRR3/Basel IV

• Disclosures: Coordination of internal risk reporting towards the Management Board and Supervisory Board and external disclosures in e.g. the Annual Report and towards investors and ratings agencies.

ICAAP Analytics is an international team consisting of ~25 highly qualified professionals with an open and informal atmosphere, located in Amsterdam.

Role and responsibilities

• Act as an expert with respect to Capital stress testing with special focus on the integration between ICAAP stress testing and recovery planning

• Create global oversight of financial and non-financial risks within ING

• Coordinate, challenge & perform in-depth capital analyses and assessments

• Provide strategic guidance and prepare reports to Senior Management (including the Board) and all stakeholders on Stress Testing & Risk Appetite

• Support and improve the Stress Test Framework, Risk Appetite Framework and Economic Capital Framework, including the interaction between these frameworks

• Participation in (change) projects and model content panels

• Follow, interpret and execute developments/ requirements by regulators in the fields of Stress Testing, Economic Capital & Risk Appetite

How to succeed

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

• >10 years knowledge of banking, risk management and financial products

• Academic background in Economics at Master's level, preferably complemented by a PhD in Economics

• Relevant expertise within the domain of Recovery & Resolution planning

• Strong quantitative and analytical skills

• Result-driven and able to push things forward in a persistent and constructive manner

• Able to manage different stakeholders and navigate different cultural environments

• Changeable and flexible, able to act swiftly in changing situations

• Well structured, autonomous, highly adaptive, flexible team player

• Fluency in English (both written and verbal)

Rewards and benefits
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:

• 25-28 vacation days depending on contract

• Pension scheme

• 13th month salary

• 8% Holiday payment

• Hybrid working

• Personal growth and challenging work with endless possibilities

• An informal working environment with innovative colleagues

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

Questions?
Please visit our Frequently Asked Questions section to find some answers on questions you might have.
Contact the recruiter attached to the advertisement. Want to apply directly? Please upload your CV and motivation letter by clicking the ‘Apply’ button.