Associate Finance Control Treasury

Finance Group Treasury (GT) & Corporate Line (CL) / Business Control & Advice - Central GT is looking for an Associate Finance Control with a strong financial background and a desire to work in an ambitious and dynamic finance team with a high level of business expertise and specialist knowledge.

Are you passionate about Finance and Treasury? Do you want to learn how Treasury (‘the bank within the bank’) supports the commercial businesses and keeps ING safe by managing liquidity, solvency, funding and financial risk? Interested in how we support this from a finance perspective?

The Finance Treasury team analyses and reports on Treasury performance to support decision making.

• We can zoom out to the bigger picture, are not shy to dive into detail, and understand sensitivities.
• We can translate complexity into a clear storyline for outsiders and are able to switch perspective when dealing with our broad range of stakeholders (Treasury business, Group Finance, Local Finance teams, Service Centers).
• We achieve the above by employing our soft skills, working together across the globe, challenging the status quo and innovating by staying on top of (technological) developments.

Are you enthusiast to make your next steps in Finance? Motivated to gain experience working in a dynamic and international environment? Anxious to learn and switch between complexity and the big picture? Then join us!

Your Work Environment

Finance GT & CL is overall responsible for the financial management of Treasury, Capital Management and Other Corporate Line activities within ING. Within Finance GT & CL the primary task of the Business Control & Advice Central GT team is to support GT Management located in the Netherlands in optimizing ING’s balance sheet through:

• Management information, analysis & advice and business control activities
• Driving the implementation of innovative, forward looking balance sheet steering information
• Safeguard a safe and sound control environment for the financial and regulatory figures
• Targeting global standardisation and streamlining of relevant processes, tools and systems

The Business Control & Advice - Central GT team consists of financial control and accounting experts with an in depth knowledge of Group Treasury activities and financial markets instruments. This combined with a broad knowledge of various balance sheet management, IFRS accounting and regulatory accounting topics. We report directly to the CFO GT & CL.

Tasks & Responsibilities

You are a member of a team of 11 FTE. Your most important tasks are:

• Understanding of the GT portfolios and provide daily support to the GT business located in the Netherlands
• Financial accounting (balance sheet, P&L) control, including product control, hedge accounting control, challenge of price testing & valuation;
• Management Accounting control, including budget planning, business allocations
• Regulatory accounting control, including solvency, liquidity
• Balance Sheet and P&L forecasting, liquidity/solvency forecast, scenario analysis;
• Support, analysis and business advice on above to main stakeholders
• Actively support and participate in projects as end-users for e.g. Hedge Accounting, IBOR and QRM

This is a unique opportunity to:

• Learn about the banking business and ALM, from a finance, business and risk perspective;
• Build your network across these functions and across stakeholders;
• Develop key competencies in a changing and challenging environment supported by experienced and highly motivated professionals, and
• Enjoy a fun working environment, with a very international group of colleagues close to the business that we support.

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. 

Furthermore, you have:

• A Master’s degree, for example in Economics, Econometrics or Business Administration
• 5+ years of relevant working experience and knowledge of financial accounting (specifically IAS39/IFRS9 and hedge accounting, financial market products (including derivatives), risk management, Basel regulations and relevant (GT) Finance processes and systems
• Good skills in Excel, PowerPoint and Power BI
• You are seen as a reliable and valuable business partner for both internal and external stakeholders. Have the ability to understand the “big picture” while having an eye for detail
• Excellent communication skills & a real team player with a pro-active attitude and ability to operate in a demanding and changing environment
• Strong analytical and presentation skills

Rewards & 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 here.  

The benefits of working with us at ING include: 

• A salary indication of 4.367 - 7.088 EUR based on 36 hours per week (excl benefits), tailored to your qualities and experience in job scale 10
• 36 or 40 hour workweek
• 12-month contract with view to extend
• Individual leave: 24+2 individual holiday days based on 36 hr workweek
• Diversity leave: 3 days per year (1,5 paid, 1,5 unpaid)
• CSR days: up to 2 days per year to actively engage in society by volunteering
• 13th month salary
• 8% Holiday payment
• Individual Savings Contribution (BIS), 3.5% of your gross annual salary
• Mobility card
• Attractive pension scheme
• Hybrid working to blend home working for focus and office working for collaboration and co-creation

Want to apply directly?

We are looking forward to meeting you! Upload your CV and motivation letter by clicking the “Apply” button. 

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 and apply today!