Vice President, Integrated Risk

ING Financial Services LLC; New York (NY); Hybrid; USD 157,000 - 198,000; Full time

Benefits offered by this job

Health benefits

401k plan

Paid time off

Adoption assistance

Surrogacy assistance

Fertility services

Student debt assistance

Commuting allowance

Fitness subsidies

Job summary

ING Financial Services LLC in New York seeks a Vice President of Integrated Risk to navigate enterprise-level responsibilities across stakeholder engagements. The role requires expertise in risk appetite, risk identification and policy management, reporting to the Head of Integrated Risk, with in-office attendance of at least two days weekly.

The Integrated Risk Americas team will drive governance and policy structures to support ING’s risk activities, with cross-functional collaboration and a

Qualifications

• Experience in enterprise risk management and risk appetite.
• 5+ years of knowledge in risk management; credit and market risk helpful.
• Strong analytical and quantitative skills; able to present clearly.

Responsibilities

• Implement and refine ERM frameworks, policies and governance.
• Conduct local risk identification and risk assessment for appetite.
• Analyze risk appetite metrics and report trends to management.
• Help establish KRIs and risk appetite statements for transparency.
• Support updates to senior management across risk types.
• Contribute to Enterprise Risk Management Policy and procedures.
• Develop risk training programs and awareness across the Americas.
• Design and maintain local risk governance and advise approval bodies.
• Support enterprise stress testing capabilities for key portfolios.
• Monitor regulatory changes and industry trends to adapt risk strategies.
• Coordinate Recovery & Resolution Planning aligned with regulations.
• Prepare for regulatory exams and audits and assist responses.

Skills

Risk management

Data analysis

Stakeholder mgmt

Presentation skills

English fluency

Education

Undergraduate degree in Finance/Economics/Quant Finance

Job description

Risk | Integrated Risk Americas | Vice President, Integrated Risk | New York

About ING:

In the Americas, ING’s Wholesale Banking division offers a broad range of innovative financial products and services to domestic and international corporate and institutional clients. When you come to work at ING, you’re joining a team where individuality isn’t just accepted, it’s encouraged. We’ve built a culture that’s fun, friendly and supportive – it’s the kind of place where you can be yourself and make the most of whatever you have to offer. We give people the freedom to take risks, think differently, take ownership of their work, and make great things happen. We’re here to help you get ahead. And with our global network, there’s plenty of scope to take your career in new directions, perhaps even ones you’ve never considered. ING Americas follows a hybrid work model, allowing for in-office / work from home flexibility. Hybrid work arrangements vary based on business area.

About the position:

ING New York is looking to hire a Vice President (VP) of Integrated Risk in the US that is sufficiently experienced to navigate a broad range of enterprise level responsibilities including representing the IRM function across a range of stakeholder engagements as needed. The VP should exhibit specialized knowledge of enterprise risk including Risk Appetite, Risk Identification and policy management. The position reports into the Head of Integrated Risk; in office attendance of 2 days per week minimum is required.

About the department:

Integrated Risk Americas will be based in New York City and will have central ownership on bank-wide risk topics that are not exclusively related to one risk type. The department will be responsible for promoting enterprise risk management through governance and policy structures that fully support ING’s financial, non-financial, and strategic risk activities. Integrated Risk Americas will also be responsible for the independent assessment of enterprise risks for the Americas, Recovery & Resolution Planning, reporting and analytics for the Risk Appetite Framework, and supporting global ICAAP Stress Testing.

Responsibilities:

• Implement, and refine ERM frameworks, policies, procedures, and governance structures aligned with regulatory guidelines.
• Execute the local risk identification & risk assessment process, as the starting point for the local Risk Appetite Framework.
• Run analysis for risk appetite metrics and provide trends/key concern areas.
• Capability to understand model documentation beneficial.
• Help establish Key Risk Indicators (KRIs) and risk appetite statements, to enhance risk transparency and accountability.
• Provide support for the periodic updates to senior management across risk types, individually and in the aggregate.
• Contribute to the management of the Enterprise Risk Management Policy and Program, standards, and procedures.
• Foster a risk-aware culture by developing risk training programs, tools, and awareness initiatives across the Americas as needed.
• Design and maintain the overarching local risk governance structure and provide advice to local and global approval bodies for approval of local policies and/or waivers for US requirements.
• Support enterprise stress testing capabilities across key portfolios.
• Monitor emerging risks, regulatory changes, and industry trends to proactively adapt risk management strategies.
• Coordination of the local Recovery & Resolution Planning in alignment with both local and global regulations and approach.
• This includes the local contribution to ING’s Recovery Plan, including monitoring and potential activation of local crisis management plans, and supporting local resolution planning activities, including implementing resolution requirements locally and supporting resolvability data requests.
• Participate in, and prepare for, regulatory examinations and internal audits and assist in preparing responses to exams and audits.

Qualifications and Competencies:

Requirements:

• Prior enterprise risk management experience and subject matter expert in risk appetite 5+ years of knowledge of risk management and financial products, credit and market risk experience is helpful.
• Undergraduate degree or equivalent preferably in Finance, Economics, Quantitative Finance
• Strong (data) analytical and quantitative skills (the breakdown of complex issues in manageable pieces)
• Able to manage different stakeholders and navigate different cultural environments
• Working with presentations, the ability to present complex content in an easy and transparent way

Competencies:

• Logical and well-reasoned level of thinking
• Ability to synthesize information with a strategic view to assess risks and develop recommendations
• Well structured, autonomous, highly adaptive, flexible team player
• Thrive while working in a fast-paced, dynamic environment
• Excellent communication skills and fluent in English (both verbal and in writing)
• Maintain strong relationships with internal stakeholders
• Propagates ING views and opinions on issues relevant to field of expertise, also outside the ING organization

Salary Range:

$157,000-198,000 The salary range listed reflects base salary only. This role is eligible for participation in a discretionary bonus program.

Benefits:

• comprehensive health benefits
• generous 401k savings plan
• competitive PTO
• adoption
• surrogacy
• fertility services
• student debt assistance
• subsidies for expenses associated with commuting and fitness

Equal Opportunity:

ING is a committed equal opportunity employer.

We welcome applicants of diverse backgrounds and hire without regard to race, gender, religion, national origin, citizenship, disability, age, sexual orientation or any other characteristic protected by law.

We celebrate these differences and rely upon your unique perspective to innovate and seize new opportunities. Come as you are.

Company Background:

ING Bank does not have a commercial banking license in the U.S. and therefore not permitted to conduct a commercial banking business in the U.S. Through its wholly owned subsidiary ING Financial Services LLC, and its affiliates, it offers a full array of wholesale products such as commercial lending and a full range of FM products and services.

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.