Head Of Market Risk

Experteer Italy; Milano; Ibrido; EUR 90.000 - 110.000; Tempo pieno

Descrizione del lavoro

A leading banking institution is seeking a Head of Market Risk Management in Milan, Italy. This role involves overseeing financial risk management activities, including interest rate and liquidity risks. The ideal candidate will have over 10 years of experience in financial risk within the banking sector, strong analytical skills, and leadership capabilities. Flexibility for remote work is offered, supporting a dynamic work environment.

Competenze

• 10+ years of experience in Financial Risk management.
• Solid background in the banking sector.
• Proficiency in English; Italian proficiency is a plus.

Mansioni

• Owner of local asset and liability models.
• Responsible for liquidity risk reporting and analysis.
• Advising on new or revised products.

Conoscenze

Problem-solving

Quality focus

Influencing others

Relationship building

Driving for results

Positive attitude

Driving change

Decision making

Inspiring others

Formazione

Academic/PhD in Economics or Statistics

Descrizione del lavoro

Overview

Reports to: hierarchical - Chief Risk Officer, ING Italy; functional - Head of Banking Risk (global level).

Job Description: Financial Risk management activities relate to banking risk including Retail activities and Wholesale Banking activities. The risk categories are interest rate risk, funding and liquidity risk, treasury risk and customer behaviour (modeling) risk. ING Italy Head of Market Risk Management is part of the risk domain headed by the ING Italy CRO. The Head of Market Risk Management reports functionally to the global Head of Banking Risk (Financial Risk department) and is a member of the local Risk Management team.

Responsibilities

• Owner of local asset and liability models
• Owner of local IRRBB models
• Responsible for monitoring all allocated limits, including Treasury, IRRBB and liquidity limits
• Responsible for liquidity risk reporting and analysis, including Liquidity Crisis Management in conjunction with HO and Liquidity stress testing
• Responsible for risk management of securitization
• Responsible for local activities related to Market Risk Capital
• Responsible for ALM risk identification and assessment
• Advising the Exco on new or revised products as part of the PARP process
• Member of the ALCO committee and responsible for ALCO package and secretary support
• Member of the pricing committee and of the CPAC committee
• Responsible for monthly risk transfer of the open positions to Bank Treasury
• Managing a team of high-value specialists with emphasis on both management skills and content expertise to develop the team

Education

• Academic/PhD level in Economics or Statistics or other quantitative degree

Work experience & skills

• At least 10 years of experience in the Financial Risk domain (previous managerial role a plus)
• Solid background in the banking sector with deep understanding, analytical capabilities, and knowledge of best practices in managing financial risk
• Proficiency in English (proficiency in Italian is an advantage)

Behavioral competencies

• Business: Solving Problems – Identifies solutions given available information
• Business: Quality Focus – Strives to meet quality standards and produce quality work products
• Interpersonal: Influencing others – Persuades others to help achieve organizational goals and objectives
• Interpersonal: Relationship building – Develops collaborative relationships to facilitate current and future objectives
• Intrapersonal: Driving for results – Accomplishes goals, completes tasks and achieves results
• Intrapersonal: Positive attitude – Displays a positive disposition towards work
• Leadership: Driving change – Champions new methods, systems and processes to improve performance
• Leadership: Decision making – Uses sound judgement to make timely and effective decisions
• Leadership: Inspiring others – Motivates others to accomplish organizational goals

Location

Milan (Italy), with possibility to partially work on a remote basis according to Super Flexible Smart Working approach.