Wholesale Banking Credit Risk Management department is looking for a Financial Risk Expert for the Professional Real Estate (PRE) Risk department.
The Financial Risk Specialist is a senior risk partner to the front office in (1) executing major complex PRE client transactions from origination to closing, (2) managing the credit risk of an assigned client portfolio and (3) sparring with Sector Leads on strategy and portfolio management.
You will advise Senior Management and Mandate Holders on credit proposals and will work with the front office in formulating credit policy and articulating risk appetite. You will report hierarchically to the Global Head of Real Estate Finance Risk.
The team
The PRE department is part of WB Credit Risk Management department (WB CRM). WB CRM is globally responsible for the transaction approval process and portfolio risk management of Wholesale Bank portfolios and is based in Amsterdam. The department covers all Wholesale Banking sectors and comprises approximately 55 people of which 10 are in PRE WB.
Roles and responsibilities
Representing risk management in the most complicated credit decisions and acting as proxy for the credit process.
Developing and maintaining relationships with (senior) management and other relevant internal and/or external stakeholders.
Recommending or deciding on credit applications for new transactions, modifications, and reviews.
Ensuring the quality and consistency of the credit application and that transactions meet the conditions of approval as set out in the credit process.
Working closely and communicating directly with front office peers and relevant support departments.
Participating in projects and actively providing input/developing relevant risk policies and reports.
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 candidate is experienced in the field of complex Wholesale Banking and/or Retail Banking transactions with at least 5 year experience in a Sector, preferably in Origination and Execution of PRE transactions. The candidate has strong social skills and understands internal governance and stakeholder management. We look for a pro-active, dedicated, and independent thinker; a decision maker with a proven ability to work under pressure in an international and demanding environment.
You fulfil the following profile:
Excellent credit analysis skills. Excellent knowledge of relevant credit risk management processes, systems, and concepts.
Display seniority and persuasiveness.
Strong personality, thoroughgoing, hands on, with ability and eagerness to learn.
An academic (M.Sc.) background in Finance or Economics
Skill to act as sparring partner at senior level with an eye for strategy.
Display an independent stance and ability to take bold decisions.
Excellent communication skills and fluent in English and Dutch.
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. You can find out more about our employment conditions at https://www.ing.jobs/netherlands/Why-ING/benefits.htm
The benefits of working with us at ING include:
A salary tailored to your qualities and experience (job grade 12 or 13)
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
Hybrid working to blend home working for focus and office working for collaboration and co-creation
Personal growth and challenging work with endless possibilities with training both on the job and externally
An informal working environment with innovative colleagues
About us
With 60,000 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. Apply today.
