Senior Analyst Financial Risk Job at ING Bank (Australia) – in Sydney NSW

The Senior Risk Analyst is an exciting new role in the growing Integrative Risk Management team. It will ensure the continuous development of ING Australia’s risk management function, by utilising systems knowledge, analytical skills and risk experience. The Integrative risk team takes a bank wide view on risk covering the asset and liability side of the balance sheet as well as the wholesale and retail customers. The team ensures a superior integrative risk management framework ensuring that the requirements of regulators, ING head office and ING Australia senior management are embedded into the day to day functioning of the business. You will push the transformation towards more data driven decision making and the continuous development in the risk management function in ING Australia via utilising analytical skills, systems knowledge and risk experience.

It will also be responsible to translate Australian Prudential Standards (APS) into day-to-day practise in the bank, and deliver on regulatory risk measures for the inclusion in APRA reports. The team is responsible for the implementation of the new capital reforms.

In this role you will be required to enhance the regulatory compliancy across all portfolios by performing consolidated risk assessments, stress test, scenario analyses, climate change, resolution and recovery planning IC(L)AAP, Pillar 3 reporting and support the development and maintenance of the stress test models. Furthermore, this role will investigate the possibilities to deliver more synergies by looking at risk in an integrative manner.

This is a unique opportunity to work with various risk departments of a financial institution like Credit, Market and Operational Risk!

What are you going to do? You’ll be…

Measure and visualise the risk in the balance sheet. Measure the balance sheet development against predefined trigger points.

Undertake portfolio analysis following guidance and recommendations from senior management. Monitor balance sheet developments from a risk perspective over time.

Develop methodologies to translate a scenario into risk measures like losses, capital for operational risk, market risk and credit risk.

Perform scenarios and stress tests. The effects of macro-economic trends are translated into effects on the financial risk position of the bank and potential reputational damage. Identify and quantify management mitigating actions in case of stress. Work with business and finance to achieve these outcomes.

Design frameworks like reverse stress tests and implement them in a robust manner for the bank.

Connecting the dots between the traditional risk types and look for synergies to achieve new insights.

Perform analyses for head office, senior management and regulator.

Complete risk sections of public disclosures. Drive automation and standardisation of these reporting processes.

Perform ad hoc analysis (both on request and independent) to identify Risk drivers behind the relevant portfolio and communicate it to all stakeholders.

What are we looking for?

Ideally 3-5 years’ experience in a risk analytics role or equivalent, preferably within banking/financial services

Master Degree or equivalent in economics, finance, econometrics, actuarial and/or mathematics.

Experience in stress test, scenarios and reverse stress testing

Experience in data analysis and data visualization, ability to analyse, understand and interpret data and coherently communicate the inference

Intermediate / Advanced SAS and SQL

Knowledge of risk management techniques and risk related regulations

Strong communications skills, both written and verbal.

Strong technical, analytical and problem solving skills.

Understanding of the importance of attention to detail and organization

About Us

At ING, we want to make life simpler and more worthwhile – for everyone who banks with us, for the people who work with us, and the community at large, too.

When you come to work at ING, you’re joining a team where individuality isn’t just accepted, it’s encouraged. We’ve built a culture that’s fun, friendly and supportive – it’s the kind of place where you can be yourself and make the most of whatever you have to offer.

We give people the freedom to take risks, think differently, take ownership of their work, and make great things happen. We’re here to help you get ahead. And with our global network, there’s plenty of scope to take your career in new directions, perhaps even ones you’ve never considered.

People of all ages, sexual orientations, cultures and backgrounds are welcome to apply – likewise if you’re an indigenous Australian, or you’re living with a disability, or you have family or caring responsibilities.

Sound like the kind of place you’d feel at home? We’d love to hear from you.

(One last thing, ING operates a direct talent sourcing model. So no agency introductions, please.) For any further queries, please contact Deb Pattanaik; [email protected]

About the Company

Company: ING Bank (Australia) –

Company Location:  Sydney NSW

Estimated Salary:

About ING Bank (Australia) -