
Market Data Analyst
We are looking for a Market Data Analyst/ Business Analyst colleague to join the Market Data Analytics Team (MDAT) focused on the management of market data sourcing, transformations, models and proxies, as well as the development of dashboard and data analytics tools, forming a market data centre of excellence within TRM. We are looking for a candidate who has proven hands on experience in managing projects, analysing and visualising large sets of market data, as well as a background in Market Risk and some derivatives pricing knowledge.
The Team
The Market Data Analytics Team is part of the Traded Risk Management (TRM) department supporting a wide area of businesses within Financial Markets and Group Treasury. The Market Data Analytics team is responsible for all aspects of market data used by the TRM department including market risk, product control, and counterparty credit risk.
Roles and responsibilities
- Working closely with the TRM teams to understand and deliver on their market data requirements
- Coordinating and implementing market data used in market risk-related internal initiatives as well as upcoming regulatory changes, such as the market data components of the valuation risk program
- Being a point of contact to resolve market data queries from our stakeholders including Trading, Risk and Model Validation
- Working closely with Model Validation to close out market data related findings
- Co-ordinating agile projects with IT developers and system support teams to develop and maintain high market data quality standards on behalf of TRM
- Developing and maintaining derived market data and proxy models for multiple asset classes
- Conducting analysis on large data sets, processes and technology systems
- Daily market data validation & reporting, defined by the Market Data Replacement & Proxy Policy
- Collaborating with the global team across the full market data lifecycle including requirements, architecture, implementation, testing, and release management
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 back you to develop into an even more awesome version of yourself.
Qualification/Education
Essential: Graduate in finance or another quantitative subject
Desirable: Professional qualification (e.g., PRM, FRM)
Experience/Knowledge
Essential: At least 5 years of experience in a Market Risk or Product Control function.
Desirable:
- Experienced professional or business analyst in risk management within large, internationally active financial institutions
- Good quantitative level of experience with various products and their risks
- Experience with and keen interest in financial markets relevant policies, guidelines and regulations
- Good quantitative level of experience with several asset classes, their risks and pricing
- Advanced level understanding of quantification of market risk metrics (VaR, HVaR, IRC, etc.) and market risk capital requirements
- Experience in dealing with large market data sets and associated technology with a working knowledge of SQL and Python
- Experience with systems such as Summit, Murex, Bloomberg, Markit, Reuters, ActivePivot.is also a plus
Personal Competencies
Essential:
- Strong communication skills: Position involves regular interaction with colleagues in varying degrees of seniority and understanding of new rules and processes. Candidate should be able to adapt communications to target audiences ranging from senior executives to junior colleagues involved/impacted by new rules and processes
- Self-starter, result-driven and flexible, i.e., able to adjust quickly to new circumstances
- Must be capable of working very productively and independently using time very efficiently.
- Team player with a mindset of empowering others
- Delivery focused
- Hands on approach with good analytical skills
- Professional and confident manner
- Good verbal and written communication skills
- Organised and detail orientated
- Fluent in English
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
- 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
- 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.
Questions?
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.
Please note, multiple interview steps involving various business stakeholders will be part of the selection process.