Financial Risk Specialist II @ING Bank

Discover ING Bank Romania

ING believes in a world where everyone has the right to grow and progress in their own way. We express this in our global tagline, “do your thing”. Perhaps more than in any other large company, we extend our belief in the power of autonomy to our own people. But there’s a catch. In return for great freedom, we expect people to do great things for our customers, our stakeholders, and ING at large.

To work here is to be surrounded by people who are energetic, ambitious, friendly and respectful: talented specialists who take the responsibility and autonomy to make great things happen. We stay curious, thrive on change, and seek new and better ways to make it happen. Active in Romania for more than 30 years, ING Bank pioneered and challenged the local banking industry. Technology and innovation are at the core of what we do, making our products relevant for our customers’ lives and businesses.

ING Bank Romania is the only bank with an organic growth within the top 10 local banks by assets, without acquisitions of client portfolios or other banks. ING Bank Romania is an universal bank with more than 1.8 million customers from three business segments: individuals (retail), SME and Mid-Corporate companies and Wholesale Banking.

Join us!

Mission

If you are passionate about private individuals’ credit risk domain, you are well structured and you navigate easily within processes and regulation, while being open to the evolution of technology, then you should join us.  

Your day-to-day

Credit Risk Policy Analyst is overall responsible to support the daily loan production flows and also for the development, maintenance and review of the credit risk policy for retail individuals’ clients.

• Offers advice, evaluates and decides on individual transactions/deviations from the standard policy, as part of the loan acceptance or post-disbursement application, within the assigned authority;

• Compiles relevant observations from transaction level and recommending consequent review of the credit risk policy;

• Ensures local policies are in line with Group and local regulations (NBR) and supports yearly review process;

• Is responsible to define and monitor the correct implementation of the credit risk policy standards at process, procedures and system level;

• Supports the evaluation of the risk impact of each major decision related to credit products and processes, bringing dedicated expertise as part of Credit Risk Policy involvement into projects & activities undertaken by the lending tribes;

• In cooperation with other colleagues, defines the need for data, portfolio monitoring analytics or any other specific zoom-in in descriptive or predictive form, in order to properly asses the quality and evolution of the credit portfolio plus the corresponding potential actions;

• Works in close collaboration with Business & Operational departments in order to ensure efficient and accurate processing of credit exposures, including data collection and checks.

What you bring to the team

• Bachelor’s degree in economics, finance, banking or other related domain, statistical knowledge represents a plus in the context of standardization and portfolio level approach;

• Previous experience in retail lending for individuals, min 2 years in operations, risk or product development areas;

• Good understanding of credit risk management, capacity to relate and interpret statistics and mathematical instruments used for managing and monitoring of the credit portfolio;

• Understand properly the banking industry;

• Knowledge of lending market developments and influencing factors, good understanding of banking rules and regulations, products and services, operations and workflows concepts, desirably also requirements under Basel, CRR etc;

• Strong ability to effectively use MS Office and main internal systems related to lending activity (Profile, Credit Platform);

• Good writing, editing, communications and organizational, especially in view of agile and new WOW;

• Fluent in English, both written and verbally;

• Ability to use presentation skills, graphs, charts, and other tools to display data in a clear and concise way to support conclusions;

• Keen on learning and developing within a credit risk environment.

What we offer

• Impactful work in a fun and collaborative environment

• Open-concept offices designed for both team work and relaxation

• Corporate events and social gatherings

• Hybrid way of working with flexible working schedule and short week options

• Monthly budget on Benefit platform

• Extra annual leave days depending on the total length of working experience

• Growth opportunities through upskilling/ reskilling programs and a variety of learning and development platforms: ING Learning Centre, Udemy, Bookster, as well as through trainings and certifications

• Possibility to access Internal roles, International Short-Term Assignments or Long-Term Assignments

• Context to make an impact through Sustainability and Corporate Social Responsibility projects.