Business Analyst for ALM

6 days ago


Makati City, National Capital Region, Philippines ING Hubs Philippines Full time

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Recruitment Expert at ING | Technical Recruiter

The Asset and Liability Management (ALM) Tribe is an international team of around 90 specialists operating from the Netherlands (Amsterdam), Poland (Warsaw), and the Philippines (Manila). This team is divided into smaller squads. One of the squads is the ALM Services Team, which supports local risk managers. The team works with QRM (Quantitative Risk Management – ALM Tool) to deliver the set of analyses focusing on Interest Rate Risk in the Banking Books (IRRBB). It covers balance sheet forecasting and financial valuation calculated based on various behavioral assumptions and interest rate scenarios.

One of ING's most important strategic objectives is the development of the ALM platform. Currently, the ALM platform is being transformed into a group-wide standard to support global and local requirements, and step-by-step countries are onboarded.

As part of the development of the ALM platform, we are looking for a Customer Journey Expert (Business Analyst) to join us. As a Business Analyst, you will play a crucial role in having a deeper understanding of the QRM, investigating issues and explaining the figures in the system.

Key Responsibilities

  • Single point of contact for risk managers from various ING entities around the globe,
  • Second-line support for monthly processes,
  • Investigation to address queries from ING entities & solution recommendations,
  • Implementation of location-specific requirements onto QRM (risk computation software), providing a description of the change and test evidence,
  • Safety guardian of the IRRBB metrics,
  • Foster automation of existing processes

Key Capabilities/Experience

  • Strong knowledge of risk management methodology
  • Ability to break down NPV and NII measures into risk factors
  • 3+ years of experience in Asset and Liability Management (ALM) and/or Interest Rate Risk Management
  • With good working knowledge of any ALM software (i.e., QRM, Fusion Risk, OneSumX, Moody's Analytics)
  • Knowledgeable on approaches to model the banking book products (mortgages, savings, current accounts)
  • Experience with SQL Power BI, and VBA,
  • Experience in Agile (Scrum) working is preferred.
  • Strong communication skills and like to liaise with stakeholders such as local risk management departments, finance, data teams, UAT teams, and model developer
  • Enjoys working in an international team and environment
  • Willing to work in a hybrid setup (Onsite: One Ayala Tower, Makati) and flexible with shift (mid-shift)
Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Information Technology

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