Market Data Analyst

ING is looking for Market Data Analyst to join the Market Data Analytics Team (MDAT) supporting a team 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 center of excellence within FIFM Risk. We are looking for a candidate who has proven experience in analyzing and visualizing large sets of data combined with a background in Finance and Risk.

The opportunity

As a market data analyst you will support the team responsible for the deriving, proxying, monitoring, analyzing and reporting on market data used for price and risk calculations, including regulatory and economic capital, and performance of the trading activities.  You will support the team by:

• Daily BAU work which includes market data validation & reporting, defined by the Market Data Replacement & Proxy Policy

• Developing and maintaining derived market data and proxy models for one or two 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 

• Working closely with the FIFM Risk 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 Fundamental Review of the Trading Book and the IBOR transition.

• Coordinating agile projects with IT developers and system support teams to develop and maintain high market data quality standards on behalf of FIFM Risk

Your work environment

The MDAT team is an energetic international team of highly qualified professionals. The team has an open, informal atmosphere and a strong focus on team work (including an Agile way of working). You will work closely with many internal and external parties such as risk managers globally, front office, finance, IT, junior management and regulatory supervisors.
We work in a dynamic environment, balancing daily analysis with development given the rapid changes in the financial markets and increasing demands from the regulators.

How to succeed

A successful candidate should have strong analytical skills and the ability to create, challenge and improve market data monitoring techniques and quality. The candidate should have good communication skills, critical thinking and a pro-active attitude.
Also you are able to deal with cultural differences, conflicting interests and unforeseen challenges. You constructively cooperate with other risk teams worldwide and other departments in ING.

Your profile

• A university degree in finance, econometrics or other quantitative subjects

• Experienced profession or business analyst in risk management within large, internationally active financial institutions (3+ years experience) possessing:

• Strong communication skills: Position involves regular interaction with colleagues in varying degrees of seniority and understanding of the new rules. Candidate should be able to adapt communications to target audiences ranging from senior executives to junior colleagues involved/impacted by the new rules

• Experience with and keen interest in financial markets relevant policies, guidelines and regulations

• Advanced level understanding of quantification of market risk metrics (VaR, HVaR, IRC, etc.) and market risk capital requirements

• Experience in dealing with large data sets and associated technology with an understanding of SQL, Python, MSBI as a plus

• Self-starter, result-driven and flexible, i.e. able to adjust quickly to new circumstances

• Team player with a mindset of empowering others

• Strong analytical skills with attention to detail and critical thinking

• 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

• Personal growth and challenging work with endless possibilities

• An informal working environment with innovative colleagues

• Work Agile, so new ideas come to life faster

About us

With 57,000 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 Júlia Elekes in our recruitment team (julia.elekes@ing.com) for more information about this role. Want to apply directly? Please upload your CV and motivation letter by clicking the “Apply” button.