Junior Market Risk Analyst

About ING Bank Australia

ING Bank Australia is a global bank with products including savings, payments, investments, loans, and mortgages in most of its retail markets. For Wholesale Banking clients, ING provides specialised lending, tailored corporate finance, debt and equity market solutions, sustainable finance solutions, payments & cash management, and trade and treasury services.

To know more about ING Bank Australia, watch this video:

Your role

ING Bank is looking for someone who has an understanding of liquidity risk and financial instruments and markets, coupled with a strong numerical academic background.  Besides the development of models and supporting analysis, you’ll be required to assist other market risk colleagues in understanding and using models and parameters, as well as any other numerical, statistical, or data-driven analyses and queries.

What are you going to do? You will be:

• Contributing to the development, testing, and ongoing maintenance of liquidity and interest rate risk models, and related documentation to satisfy requirements of APRA prudential standard APS210, APS117, Basel III guidelines, and ING Group requirements
• Undertaking statistical and quantitative analysis using customer and account balance data while developing an understanding of factors that impact liquidity and interest rate risk; documenting the findings in technical documentation
• Maintaining a register of all models in use by Market Risk, ensuring these are up-to-date and well documented, and comply with ING Standards and best practice
• Documenting structured data analysis, technical model documents, and working files created, stored, and properly maintained
• Assisting market risk colleagues in ad-hoc queries and understanding model inputs, calculations, and output parameters

Benefits

Employees at ING Bank Australia also enjoy perks such as:

1. Equal Parental Leave
2. Flexible Working
3. Network Groups
4. Read more.

Work life balance

FlexING is ING's approach to flexible working. Whether it’s working from home, or varying start and finish times to play sports, pick up the kids, skip peak hour traffic, or study. Whatever the reason, ING empowers its people to manage their work so they don’t miss all the moments that matter. 

Culture & vibe

At ING Bank Australia, having a diverse and inclusive culture isn’t just the right thing to do. It’s essential for delivering on ING's strategy and reflecting the communities they serve. Contrasting perspectives and backgrounds help them be more creative, faster in adapting, and more innovative in designing products and solutions for our customers.

To know more about ING Bank Australia's culture, watch this video:

About you

Here’s what ING Bank Australia is looking for in this role:

• Excellent programming skills in Python and SQL
• Strong analytical, mathematical, and statistical skills together with big data management
• Basic understanding of banking products and how they work, e.g. deposits and loans
• Good knowledge of financial instrument pricing e.g. Bond Pricing
• Good understanding of yield curves and their use in valuations
• Familiarity with linear/non-linear regression models
• Data science qualification, Strong modelling skills – this is highly advantageous

How to apply

To apply for this role, simply click the "Apply on employer site" button on this page to submit your application directly to ING Bank Australia.