Senior Market Data Analyst

Job Title:                                                             Senior Market Data Analyst

Corporate Title:                                                  Associate

Certification Status:                                          Subject to Conduct Rules wef 2017

Business/Function:                                            Wholesale Banking

Department:                                                        TRM

Line Manager:                                                     Peter Cheung

Status:                                                                  Permanent

Required start date:                                            ASAP

Location:                                                               Amsterdam

Department Overview  

The Market Data Analytics Team is part of the Traded Risk Management (TRM) department, supporting a wide area of businesses within Financial Markets and Group Treasury. The Market Data Analytics team is responsible for all aspects of market data used by the TRM department including market risk, product control, and counterparty credit risk.

ING is looking for a Senior Market Data Analyst/ Business Analyst to join the Market Data Analytics Team (MDAT) supporting a team focused on the management of market data sourcing, transformations, models and proxies and monitoring of market data , as well as leading and executing deliverables on a specialist area under a strategic market data programme. We are looking for a candidate who has proven hands on experience in managing projects, analysing and visualising large sets of market data, as well as a background in Market Risk and some derivatives pricing knowledge.

Job Specification           

Main Duties and Responsibilities of Role:

• Leading on at least one asset class as a subject matter expert to plan and deliver on strategic market data programme work to resolve regulatory findings and transition to target market data architecture.

• Develop a deep understanding of all market data processes and technology systems used across ING

• Build requirements for monitoring market data quality reporting with co-ordination with other teams to maintain high market data quality standards.

• Being a point of contact to resolve market data queries from our stakeholders including Trading, Risk and Model Validation

• Conducting analyses and executing on agreed deliverables on large data sets across multiple technology systems for any market data related deliveries including but not limited to bulk corrections, new FM products support and new market data models

• Working closely with Model Validation to close out market data related findings

• Working closely with Model developers to develop derived market data and proxy models

• Collaborating with the global team across the full market data lifecycle including requirements, architecture, implementation, testing, and release management

• Daily market data validation & reporting, defined by internal ING Market Data Policies

Candidate Profile

Qualification/Education

Essential:             Graduate (at least UK 2:1 degree | 60% under ECTS | US A-/B+ ) in finance or another quantitative subject

Desirable:             Professional qualification (e.g., PRM, FRM, QCF)

Experience/Knowledge

Essential:            

• Experienced professional or business analyst in risk management within large, internationally active financial institutions

• Building market risk data cleansing and validation solutions using Python

• Desire to lead market data programmes and deliveries in own area of expertise

• At least three years of experience in Market Risk, Product Control or Valuations Risk

• Good quantitative level of experience with two or more asset classes of the following and their risks (Interest rate products, FX, Credit derivatives, Equity derivatives, Commodities)

• Experience in dealing with large market data sets and associated technology with a working knowledge of SQL and Python

Desirable:

• Experience with and keen interest in financial markets relevant policies, guidelines and regulations

• Understanding of regulatory frameworks

• Closing out model validation and audit findings in a previous role

• Advanced level understanding of quantification of market risk metrics (VaR, HVaR, IRC, etc.) and market risk capital requirements

• Azure DevOps and Git version control

• Experience with systems such as Summit, Murex, Bloomberg, Superset DAP, Google Cloud Platform, Reuters, ActivePivot.is also a plus

Personal Competencies

Essential:             

• Delivery focused

• Interest in resolving complex issues

• Strong verbal and written communication skills: Position involves regular interaction with colleagues in varying degrees of seniority and understanding of new rules and processes. Candidate should be able to adapt communications to target audiences ranging from senior executives to junior colleagues involved/impacted by new rules and processes

• Self-starter, proactive, results driven and flexible, has the ability to adjust quickly to new circumstances

• Must be capable of working independently using time efficiently

• Team player with a mindset of empowering others

• Hands on approach with good analytical skills

• Fluent in English