Vice President, Integrated Risk

ING•New York, NY

8d•$157,000 - $198,000•Hybrid

About The Position

ING New York is looking to hire a Vice President (VP) of Integrated Risk in the US that is sufficiently experienced to navigate a broad range of enterprise level responsibilities including representing the IRM function across a range of stakeholder engagements as needed. The VP should exhibit specialized knowledge of enterprise risk including Risk Appetite, Risk Identification and policy management. The position reports into the Head of Integrated Risk; in office attendance of 2 days per week minimum is required.

Requirements

Prior enterprise risk management experience and subject matter expert in risk appetite
5+ years of knowledge of risk management and financial products, credit and market risk experience is helpful.
Undergraduate degree or equivalent preferably in Finance, Economics, Quantitative Finance
Strong (data) analytical and quantitative skills (the breakdown of complex issues in manageable pieces)
Able to manage different stakeholders and navigate different cultural environments
Working with presentations, the ability to present complex content in an easy and transparent way

Nice To Haves

Logical and well-reasoned level of thinking
Ability to synthesize information with a strategic view to assess risks and develop recommendations
Well structured, autonomous, highly adaptive, flexible team player
Thrive while working in a fast-paced, dynamic environment
Excellent communication skills and fluent in English (both verbal and in writing)
Maintain strong relationships with internal stakeholders
Propagates ING views and opinions on issues relevant to field of expertise, also outside the ING organization

Responsibilities

Implement, and refine ERM frameworks, policies, procedures, and governance structures aligned with regulatory guidelines.
Execute the local risk identification & risk assessment process, as the starting point for the local Risk Appetite Framework.
Run analysis for risk appetite metrics and provide trends/key concern areas. Capability to understand model documentation beneficial.
Help establish Key Risk Indicators (KRIs) and risk appetite statements, to enhance risk transparency and accountability. Provide support for the periodic updates to senior management across risk types, individually and in the aggregate.
Contribute to the management of the Enterprise Risk Management Policy and Program, standards, and procedures.
Foster a risk-aware culture by developing risk training programs, tools, and awareness initiatives across the Americas as needed.
Design and maintain the overarching local risk governance structure and provide advice to local and global approval bodies for approval of local policies and/or waivers for US requirements.
Support enterprise stress testing capabilities across key portfolios. Monitor emerging risks, regulatory changes, and industry trends to proactively adapt risk management strategies.
Coordination of the local Recovery & Resolution Planning in alignment with both local and global regulations and approach. This includes the local contribution to ING’s Recovery Plan, including monitoring and potential activation of local crisis management plans, and supporting local resolution planning activities, including implementing resolution requirements locally and supporting resolvability data requests.
Participate in, and prepare for, regulatory examinations and internal audits and assist in preparing responses to exams and audits.