Department Head – Financial Risk

Background on what ING is about:

ING Hubs Philippines (ING Hubs PH) is an international part of the ING organization delivering services to many Business Units across the world for both Wholesale Banking and Retail Banking activities. Working for ING Hubs PH means working with the most diverse workforce and where no challenge is the same.

At ING our purpose is to empower people to stay a step ahead in life and business. We believe that sustainable progress is driven by people with the imagination and determination to make a better future for themselves and those around them.

ING is changing what banking is. For you, that means plenty of opportunities for personal growth in a continuously evolving environment. If this is the environment you thrive in, then apply and join us in changing the future of banking!

Job Overview

We are looking for a Department Head (Circle Lead) for Financial Risk that will be part of the Risk Services management team. The role will report hierarchically to the Senior Department Head (Super Circle Lead) of Risk Services of ING Hubs Philippines.

As a Department Head, you will be responsible to lead and manage various teams that support ING Business Partners for a wide range of financial risk services, which include but not limited to market and credit risk reporting, analytical credit risk dashboards, limits and exposure management, and asset and liability management.  

Key Responsibilities

Manage a team of juniors and experts with the primary role of delivering financial risk services to other ING entitiesEnsure that stakeholder relationships are well-managedAct as the point of contact for audits, key control testing, and regulatory auditsDrive strategic priorities and can translate these into executable plans and actionsSteer on the implementation of strategic changes for the organizational unit, whether at team level or circle levelTransform services to become more efficient in order to generate savings for the domainIdentify synergies within the teams in Risk Services and drive transformation for the scalability of services in scopeCreate high-performing teams, remove impediments for the delivery of the service, and effectively manage issues or escalations, if anyAccountable for executing risk & control compliance and mitigation of business and operational risks; ensures regulatory compliance across the circleFacilitates, supports, and motivates employees within the circle

Key Capabilities/Experience

Expertise in financial risk areas, specifically market risk and credit riskKnowledge of financial risk reports and relevant financial risk regulations in Europe, such as Basel IVExpertise in developing high – performing teams and empowering teams to act autonomously and holding them accountableHas strong communication skills and (international) stakeholder management skillsExhibits assertiveness and can drive discussions to produce visible outcomesHas relevant experience in (complex) Project Management; proven track record in continuous improvement and change managementHas the ability to display flexibility to teams and adapt plan, approach and behavior to the different needs, cultures and situationsIs a self starter and has the ability to think and plan ahead, proactive in identifying problems or strategies to improve the business, culture and systemsExperience with steering on outputCan manage multiple clients and used to work with tight deadlinesIs result-driven and able to push things forward in a persistent wayIs well organized, pro-active and hands-on to deliver high quality output and servicesIs analytical, autonomous, adaptive and flexible to turn problems into workable solutions.Has the ability to navigate and manage complexities and build network for collaboration

Minimum Qualifications

Strong and In-depth knowledge of financial risk services (e.g. market risk, credit risk), especially in reporting services5+ years work experience in financial industry;3+ years work experience as a people manager in a global operations and in a service delivery organization, and with experience in handling at least 15-20 people2+ years experience in managing a large team with diverse backgrounds is preferredExcellent in stakeholder managementFluent in written and spoken EnglishWilling to work in One Ayala Tower, Makati CityWilling to work in a hybrid setup (50% onsite)Willing to work mid-shift (when needed)