Trading Risk Specialist

ING Hubs B.V. Philippine Branch; Makati; On-site; PHP 2,000,000 - 2,800,000; Full time

Job summary

ING Hubs Philippines is seeking a Trading Risk Specialist to lead market risk analysis and reporting in a hybrid role based in Makati, Philippines. You will interpret risk metrics, provide commentary, and work with global stakeholders across teams to drive risk governance and reporting quality.

The role requires 5+ years in market or trading risk, strong knowledge of HVaR, backtesting, FRTB, and Basel regulations, plus experience communicating with senior stakeholders.

Qualifications

• Minimum 5 years of experience in Market Risk, Trading Risk, Product Control, Risk Reporting, Financial Markets Operations, or a related field.
• Strong expertise in HVaR calculations, backtesting/outlier analysis, stress testing, issuer risk, FRTB-SA (SBM & Residual Risk Add-On), FRTB-IMA, and regulatory capital analysis.
• Solid understanding of Basel III/IV market risk regulations.
• Experience preparing risk reporting and MI for senior stakeholders and governance forums.
• Knowledge of Financial Markets products and trading activities.

Responsibilities

• Lead daily market risk analysis and reporting activities.
• Prepare and review risk commentary for HVaR, FRTB-SA, FRTB-IMA, stress testing, issuer risk and related areas.
• Analyze movements and drivers impacting risk metrics and regulatory capital.
• Prepare management information for senior leadership, Market Risk Management, and governance committees.
• Investigate reporting anomalies and coordinate resolution with global stakeholders.
• Collaborate with Trading Risk Management, Product Controllers, Front Office teams, and Technology partners.
• Support process enhancement, reporting optimization, and automation initiatives.
• Contribute to the growth of Trading Risk expertise within the team.

Skills

SQL

Python

Excel

VBA

Alteryx

Power BI

Education

Bachelor’s or Master’s degree in Finance, Economics, Mathematics, Engineering, Business, or related

Job description

Trading Risk Specialist Permanent | Hybrid Working Location: One Ayala, Makati, Philippines (Hybrid)

Shape the Future of Trading Risk

About the Team

Join ING Hubs Philippines and play a key role in supporting the evolution of Trading Risk management in a rapidly changing regulatory environment. As a Trading Risk Specialist, you will be at the forefront of market risk analysis, reporting, and governance, helping the organization navigate major regulatory developments, including the implementation of the Fundamental Review of the Trading Book (FRTB). This is an exciting opportunity for an experienced market risk professional who wants to influence decision‑making, enhance risk frameworks, and contribute to the continuous improvement of risk reporting and analytics. You will work closely with global stakeholders across Trading Risk Management, Product Control, Financial Markets, and Technology teams while serving as a trusted partner in delivering accurate and insightful risk information to senior management and governance committees.

What You’ll Do

As a Trading Risk Specialist, you will lead the analysis and interpretation of market risk metrics while providing meaningful commentary to stakeholders worldwide.

• Performing daily market risk analysis and reporting activities
• Preparing and reviewing risk commentary for:
  • Historical Value at Risk (HVaR)
  • FRTB Standardized Approach (FRTB-SA)
  • FRTB Internal Models Approach (FRTB-IMA)
  • Stress Testing
  • Issuer Risk
  • Backtesting and exception analysis
• Analyzing movements and key drivers impacting risk metrics and regulatory capital
• Preparing management information and materials for senior leadership, Market Risk Management Teams, and governance committees
• Investigating reporting anomalies and coordinating resolution efforts with global stakeholders
• Collaborating with Trading Risk Management, Product Controllers, Front Office teams, and Technology partners
• Supporting process enhancement, reporting optimization, and automation initiatives
• Contributing to the growth of Trading Risk expertise within the team
• Driving continuous improvement while maintaining strong operational controls

What We’re Looking For

Required Experience

• Minimum 5 years of experience in Market Risk, Trading Risk, Product Control, Risk Reporting, Financial Markets Operations, or a related field.
• Strong expertise in:
  • HVaR calculations
  • Backtesting and outlier analysis
  • Stress Testing
  • Issuer Risk
  • FRTB-SA (including SBM methodology and Residual Risk Add-On)
  • FRTB-IMA
  • Regulatory capital analysis within Trading Risk
• Solid understanding of Basel III/IV market risk regulations
• Experience preparing risk reporting and management information for senior stakeholders and governance forums
• Knowledge of Financial Markets products and trading activities

Technical Skills

• Strong analytical and problem‑solving capabilities
• Proficiency in:
  • SQL
  • Python
  • Excel
  • Working knowledge of VBA
  • Experience with automation and analytics tools such as Alteryx or Power BI is an advantage
  • Understanding of data lineage and risk systems architecture is beneficial

Personal Attributes

• Can simplify complex risk concepts for diverse stakeholders
• Builds strong partnerships across global teams
• Takes ownership and drives results
• Thrives in a fast‑paced and evolving environment
• Balances multiple priorities effectively
• Demonstrates strong attention to detail
• Proactively identifies opportunities for improvement
• Communicates confidently with stakeholders at all levels
• Works effectively with teams across European time zones

Qualifications

• Bachelor’s or Master’s degree in Finance, Economics, Mathematics, Engineering, Business, or a related discipline.
• Strong written and verbal communication skills in English.

We’re a global bank with a strong European base, and our more than 60,000 colleagues serve around 38 million customers and corporate clients in over 40 countries.

Joining ING means working with friendly and collaborative people towards making a positive impact on people and planet. We believe in empowering the people around us and our customers to stay a step ahead.

Working here means having the autonomy to drive progress, helping to create superior customer value and contributing to our ambition of putting sustainability at the heart of everything we do. Here, we’re more than just a workplace – we’re a community of innovators, problem‑solvers, and forward‑thinkers, dedicated to making a real impact. Whether you’re just starting your career or seeking the next big challenge, we have opportunities that will inspire and push you to grow.