
ALM Business Analyst
at ING Bank
Posted 5 days ago
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- Compensation
- PLN 9,600 – PLN 19,000 PLN
- City
- Warsaw
- Country
- Poland
Currency: PLN
Responsible for supporting ALM risk management as a single point of contact for risk managers across ING entities, focusing on IRRBB metrics and balance sheet forecasting using QRM. Provides second-line support for monthly processes, investigates queries, and implements location-specific requirements onto QRM with documented changes and test evidence. Acts as a safety guardian of IRRBB metrics and drives automation of existing processes. The role is based in Warsaw as part of an international ALM project team in a fast-paced Agile environment.
ING Hubs Poland is hiring!
The expected salary for this position: 9 600 - 19 000 PLN
The financial ranges specified in the announcement are adjusted and may differ from the range specified in the remuneration regulations.
We are looking for you if:
- you are knowledgeable in risk management methodology,
- you can break down NPV and NII measures into risk factors,
- you have an experience within ALM and/or Interest Rate Risk Management, IRRBB
- you have min. 4 years of experience in Finance (Bank or Insurance company),
- you are a communicator and like to liaise with stakeholders such as local risk management departments, finance departments, data teams, UAT team, model developers,
- you are a team player,
- you are a problem solver,
- you enjoy working in an international team and environment,
- you are pro-active and eager to learn.
English level - B2.
You'll get extra points for:
- being familiarized with any ALM software (i.e., QRM, Fusion Risk, OneSumX, Moody's Analytics),
- knowledge on approaches to model the banking book products (mortgages, savings, current accounts).
- experience with SQL PowerBI, and VBA,
- IT affinity,
- Master’s degree in econometrics, mathematics, economics, or similar quantitative study,
- experience in Agile (Scrum) way of working is preferred.
Your responsibilities:
- single point of contact for risk managers from various ING entities around the globe,
- second line support for monthly processes,
- investigation to address queries from ING entities & solution recommendation,
- implementation of location specific requirements onto QRM (risk computation software), providing description of change and test evidence,
- safety guardian of the IRRBB metrics,
- foster automation of existing processes.
Information about the squad:
International Project team of around 90 ALM specialists operating from Amsterdam (NL), Warsaw (PL) and Manila (PH). This particular position is based in Warsaw. We work Agile in ALM Project teams consisting of Market Risk Management, TECH Developers, ALM Data Experts, ALM Business Analysts, QRM Experts. The ALM project team is divided into smaller squads. You will be working as Business Analyst in the ALM Services team. This team is responsible for providing a support to local risk managers. The team works with QRM (Quantitative Risk Management – ALM tool) to deliver the set of analyses with focus on IRRBB. It mostly covers balance sheet forecasting and financial valuation calculated based on various behavioral assumptions and interest rate scenarios. We support the replication and hedging process as well. Development of this ALM platform has been prioritized as one of ING’s most important strategic worldwide objectives. Currently, the ALM platform is being transformed into a group-wide standard to support global and local requirements, and step by step new countries are on-boarded. The role of Warsaw office is growing which creates a demand for new talents.
The role naming convention in the global ING job architecture will be “Change Expert III”.





