ING Wholesale Banking in Singapore

We began operating in Singapore in 1987 where we host the regional Asia Pacific headquarters. With over 300 financial experts, we are the largest wholesale banking branch in Asia. ING stands out in the Asia Pacific region because we go a step further for our customers. We look at things from the client’s perspective which allows us to construct tailor-made solutions to fit the needs of every company we serve. This mentality underpins all our client relations and has produced various prestigious awards.  

Department Overview:

Non-linear Trading & Structuring is an integrated -global client driven business with the mandate to trade non-linear and combination products in Rates, Credit, and FX and brings value to clients including Financial Institutions and Corporates through working in-house sector specific expertise as well as compliance, risk, finance and legal functions.

The team works closely with the other Financial Markets Trading, DCM Syndicate and Sector Origination Desks, Sales, Solutions and Distribution Teams to deliver any less standardised client solutions and efficiently reflect, negotiate and manage the risk parameters associated with the business through dynamic hedging with market participants. The team also collaborates actively with the Quantitative Development team in IT / Front-Office system developments to improve operational efficiency through digitalisation and deep-dives into the development of new products revolving around derivatives, securities, loans and special purpose vehicles via a structured approval process.

Your Duties and Responsibilities of Role:

Based in Singapore and reporting to the Trading Desk Head where clear and transparent communication is essential to all stakeholdersActively originate trade ideas and targeted solutions to clients jointly with Sales, Solutions, Origination, Distribution, DCM Syndicate teams to structure, price and prepare proposals on client requests promptly and with precision to generate consistent revenues in APACMonitor and manage the trading risk positions on the desk on a day-to-day basis and strictly adhere to internal limits and requirements, independently formulate trading views and ideas for revenue generation to achieve desk profitability targetsIdentify business opportunities taking into account market themes and be in constant dialogue with market participants in formulating a dynamic forward looking viewPrepare material and execute commercial pitches on various bespoke and structured solutions jointly with other teamsBest execution of trades encompassing thorough reviews of legal documentations and risk approvals with an inquisitive and curious eye with attention to detailWork closely and build relationships with all FO teams and Compliance, Risk, Legal, Finance and Tax with the aim of increasing client businessActive involvement in IT / Front-Office system developments to achieve operational efficiency, standardization and automationActive involvement in the development of new products in a prioritized manner and work closely with relevant stakeholders in the Front-Office Quants, Developers and Risk teamsBe cognizant of regulatory developments and, together with FM Regulatory / Legal teams as well as with Business Management, interpret and understand the possible impact to existing and new business opportunities

Your Profile

Qualification/Education

           

Strong education ideally in Finance, Engineering, Physics, Financial Engineering or equivalent degree

Experience/Knowledge/Competencies

Proven relevant experience and strong performance in similar structured credit trading role for 7+ yearsExperience in SPV repackages (incl. SRTs), securitization and covered bond swaps, bespoke CDS/TRS, bespoke repo packages, leverage, callable or optional credit payoffs is advantageousEntrepreneurial with high levels of self-motivation and energy with a result-oriented approachAble to work independently with a strive for excellence and thrive in a fast paced environmentSound analytical and technical approach with a keen eye for detailThink out of the box with an ability to map and communicate ideas effectivelyStrong interpersonal skills to connect and build meaningful relationshipsCollaborative and a strong team playerGood working knowledge of financial markets, trading systems, market data analysisStrong communication skills in English both verbal and writtenMulti-lingual –verbal and written fluency in another language is desirable