Analyst, Market Risk Manager

ING•New York, NY

1d•$79,000 - $100,000•Hybrid

About The Position

This job is responsible for market risk management (analysis, reporting, and monitoring) of the commodity derivatives trading desk in New York. Within FM, the commodity derivatives trading desk provides hedges to clients with already existing lending relations, to ensure right way risk to ING. The desk has a global coverage, with main trading hubs in London, Singapore and New York. This role offers an exciting opportunity within TRM New York to cover the market risk aspects for commodity derivatives trading, to learn and to make an impact in a diverse and collaborative team.

Requirements

Bachelor’s or Master’s degree in Business, Finance, Statistics, Economics or other relevant field of study
0-1+ years of relevant working experience
Good knowledge of financial markets, economics and (commodity) market risk
Delivery focused with strong analytical skills, and ability to perform cash flow analysis using analytical tools
Energetic, able to work independently and take the initiative to drive value
Ability to perform under pressure, multi-task and react/reprioritize quickly
Strong verbal and written communication skills
Excellent organization and problem-solving skills are required
Professional, pro-active, self-driven, hands-on, collaborative, responsive
Must be well versed in Microsoft Office applications, particularly Excel VBA
Python and SQL are highly recommended

Responsibilities

Manage all market risk aspects of the commodity trading desk
Ensure that controls are in place for complete and accurate monitoring and reporting of market risk
Measure, monitor, analyze and report market risk of CMD trading books on a daily basis
Perform pro-active risk management by providing analysis and advice to the front office
Collaborate with the regulatory risk team and respond to regulatory requests promptly and accurately
Execute and monitor risk processes and ensure the data quality within these processes
Coordinate with the Global Market data team (GMDB), Trading Application Support, System Support and other teams to set up new market data sources and to help resolve market data related issues
Actively participate in product and regulatory related projects and initiatives, including system upgrades, testing and setup of new products, desk/risk management system migrations, MI, FRTB, market data sourcing, department audits, risk tooling upgrades / maintaining, roll out reporting solutions
Actively participate in regulatory examinations, internal audits (CAS), external reviews (KPMG) and Model Validations (MV)
Streamline reporting processes and adapt to IT and system changes