MiFID Private Banking Control Specialist

ING España & Portugal; Comunidad de Madrid; Presencial; EUR 60.000 - 90.000; Jornada completa

Descripción de la vacante

ING is seeking a MiFID Private Banking Control Specialist to join the Private Banking Operations Team within the COO Investment & Protection area. The role focuses on establishing and executing a first-line control framework for Private Banking investment services, with a data-driven, risk-focused and collaborative approach to ensure investor protection and regulatory compliance.

The position requires strong analytical skills, experience in private banking or related functions, and the

Formación

• Solid understanding of MiFID II, investor protection principles and suitability requirements.
• Experience in Private Banking, Wealth Management, Investment Services, Risk, Controls, Compliance or related functions.
• Strong analytical skills with the ability to identify trends, exceptions and root causes from large data sets.
• Excellent communication skills, capable of translating regulatory requirements into practical business actions.
• Experience working with reporting, data analysis and control monitoring tools.

Responsabilidades

• Execute transaction-level and portfolio-level MiFID controls.
• Monitor suitability, target market, sustainability preferences and client investment profiles.
• Review client-initiative transactions and potential circumvention of MiFID controls.
• Verify the delivery and appropriate archiving of suitability reports, KIDs and supporting evidence.
• Monitor portfolio alignment with risk profile, investment horizon, objectives and contractual limits.
• Analyse exceptions, identify root causes and coordinate remediation.
• Produce auditable evidence and periodic MiFID control reporting.
• Escalate material or recurring issues through the established governance.
• Collaborate with Private Banking, Portfolio Management, Operations, Compliance, Legal, NFR and Data teams.
• Support automation and continuous improvement of the control framework.

Conocimientos

MiFID II

Investor protection

Suitability requirements

Private Banking

Wealth Management

Investment Services

Risk

Controls

Compliance

Analytical skills

Communication skills

Excel

Power BI

SQL

Educación

MiFID certification (EFPA, CFA, CISI or equivalent)

Herramientas

Excel

Power BI

SQL

Descripción del empleo

At ING we are looking for a MiFID Private Banking Control Specialist

Your role and work environment:

We are looking for a talented and enthusiastic MiFID Private Banking Control Specialist

to join our Private Banking Operations Team of COO Investment & Protection

The responsibility of this team is establishing and executing the first‑line control framework supporting Private Banking investment services, and our way of working is data‑driven, risk‑focused and collaborative, combining regulatory expertise, analytical insight and close partnership with the business to ensure the highest standards of investor protection and regulatory compliance.

Your key responsibilities:

• Execute transaction‑level and portfolio‑level MiFID controls.
• Monitor suitability, target market, sustainability preferences and client investment profiles.
• Review client‑initiative transactions and potential circumvention of MiFID controls.
• Verify the delivery and appropriate archiving of suitability reports, KIDs and supporting evidence.
• Monitor portfolio alignment with risk profile, investment horizon, objectives and contractual limits.
• Analyse exceptions, identify root causes and coordinate remediation.
• Produce auditable evidence and periodic MiFID control reporting.
• Escalate material or recurring issues through the established governance.
• Collaborate with Private Banking, Portfolio Management, Operations, Compliance, Legal, NFR and Data teams.
• Support automation and continuous improvement of the control framework.

What are we looking for?

Solid understanding of MiFID II, investor protection principles and suitability requirements.

Experience in Private Banking, Wealth Management, Investment Services, Risk, Controls, Compliance or related functions.

Strong analytical skills with the ability to identify trends, exceptions and root causes from large data sets. Ability to independently challenge, investigate and assess investment‑related activities while maintaining a constructive business partnership.

Strong attention to detail and commitment to delivering high‑quality, auditable work. Excellent communication skills, capable of translating regulatory requirements into practical business actions. Experience working with reporting, data analysis and control monitoring tools (Excel, Power BI, SQL or similar).

Ability to manage multiple priorities and work effectively in a dynamic and evolving environment.

Fluency in English. Spanish is highly valued.

We will be especially interested in candidates who:

• Have previous experience in MiFID controls, suitability monitoring, investment advisory, discretionary portfolio management or product governance.
• Hold a recognised MiFID certification (EFPA, CFA, CISI or equivalent).
• Have contributed to designing or improving control frameworks, governance processes or regulatory reporting.