Senior Auditor/ Audit Supervisor Market Risk
Key Skills
Job Description
The Corporate Audit Services (CAS) department conducts and coordinates operational audits across ING, including specialist audit coverage of Market Risk Management, Treasury and related financial risk areas. As part of this team, the Audit Manager plays an important role in providing independent assurance over market risk and treasury activities across ING's global organisation. Role And Responsibilities In this role, you will contribute to and lead complex audits covering both trading book and banking book risk management, including market risk, counterparty credit risk, valuation, Treasury, liquidity and funding risk, capital management, ICAAP and ILAAP. You will assess whether risk management practices, governance, controls and regulatory compliance are effective, sustainable and aligned with ING's risk profile. We are looking for someone with a strong background in market risk management, ideally gained within a major bank, financial institution, consultancy firm or audit environment. You bring a proven track record in analysing complex risk topics, challenging stakeholders and translating technical observations into clear audit messages. As an Audit Manager you are an experienced professional and subject matter expert who contributes to the delivery of high-quality audits and audit strategy. You may be involved in several complex audits simultaneously and are expected to lead on content, provide specialist input and help formulate key messages for auditees and senior management. Your Responsibilities Include Performing and leading audits across Market Risk Management, Treasury and related financial risk topics. Assessing end-to-end risk management processes, governance, controls, models, methodologies and management information. Reviewing the design and operating effectiveness of controls over trading and banking book risk management. Identifying key risks, defining audit scope, developing audit testing and formulating clear, evidence-based findings. Challenging management in a constructive and professional manner. Communicating audit outcomes clearly to stakeholders. Sharing specialist knowledge with audit colleagues and supporting the development of team members. Contributing to audit planning, continuous risk monitoring and the development of CAS expertise in market risk management. The team You will be based in Amsterdam within the Market Risk & Treasury audit team, working in hybrid mode between home and the office. International audits are performed jointly by local audit teams and central specialists. The team is part of the CAS Risk & Finance Division, a professional, international audit organisation with teams across the globe. You will work in an environment where open communication, continuous learning, professional challenge and innovation are encouraged. How To Succeed You are intellectually curious, tenacious and able to get to the substance of complex topics. You ask the right questions, follow through when answers are incomplete, and remain objective and professional when views differ. You are comfortable challenging senior stakeholders while maintaining constructive relationships. You combine technical expertise with strong audit judgement. You are able to distinguish between symptoms and root causes, assess the materiality of control weaknesses, and explain risks in a clear and balanced way. You Also Bring Strong analytical, verbal and written communication skills in English. The ability to translate complex risk management topics into clear audit conclusions. A questioning mindset and the tenacity to obtain sufficient and reliable evidence. Sound judgement, professional scepticism and attention to detail. The ability to work effectively in international teams. Strong stakeholder management skills, including the ability to overcome resistance. A collaborative mindset, with willingness to coach colleagues and share specialist knowledge. Your profile Furthermore, You Have an academic degree, preferably supplemented by a relevant professional qualification (e.g. FRM, CFA, PRM, CIA or equivalent). Have preferably more than 5 years of relevant experience in market risk management and/or internal audit within a major bank, financial institution or consultancy firm. Have solid knowledge of market risk processes, risk measurement, trading products and the regulatory environment for market risk and financial risk management. Have experience with one or more of the following areas: trading risk, counterparty credit risk, valuation, ICAAP, ILAAP, funding and liquidity risk, capital management, IRRBB, CSRBB or Asset & Liability Management. Have a good understanding of internal audit processes, including risk assessment, scoping, control evaluation, testing and reporting. Have proven communication, influencing and advisory skills, with the ability to obtain buy-in from senior stakeholders. Are organisationally sensitive and effective in managing challenge, disagreement and conflict. Are willing to travel where required for international audits. Rewards And Benefits We want to make sure that it’s possible for you to strike the right balance between your career and your private life. Find out more about our employment conditions. The Benefits Of Working With Us At ING Include 25-28 vacation days depending on contract Pension scheme 13th month salary 8% Holiday payment Hybrid working Personal growth and challenging work with endless possibilities An informal working environment with innovative colleagues About Us Curious about how ING empowers people and businesses to move forward? Discover what we do and what we can offer you. Questions? Please visit our Frequently Asked Questions section to find some answers on questions you might have. Contact the recruiter attached to the advertisement. Want to apply directly? Please upload your CV and motivation letter by clicking the ‘Apply’ button.
Core Responsibilities
Lead and perform complex audits of market risk, Treasury, and related financial risk activities, assessing governance, processes, controls, models, methodologies, and regulatory compliance. Define audit scope and testing, develop evidence-based findings, communicate conclusions to stakeholders, and contribute specialist expertise to audit planning and team development.
Requirements
Applicants should have an academic degree, preferably with a relevant professional qualification, and preferably more than five years of relevant experience in market risk management or internal audit. They should bring strong knowledge of market risk processes, trading products, and financial risk regulation, along with audit expertise, sound judgment, communication and stakeholder-management skills, and willingness to travel for international audits.
Benefits
- 25–28 Vacation Days
- Pension Scheme
- 13th Month Salary
- 8% Holiday Payment
- Hybrid Working
- Personal Growth Opportunities
- Challenging Work
- Informal Working Environment
About ING Nederland
Industry: Banking
Company size: 10,001+ employees
ING is a global bank with a strong European base. With 14,500 employees in the Netherlands, we’re one of the biggest employers in the country. Our research tells us that we stand out here because of our great working culture, competitive benefits and interesting work. We believe in sustainable progress for all, not just for the few. We aim to support and contribute to economic, social and environmental progress. Because progress doesn’t start with perfection. It starts with people, their ideas and their drive to make things better. Collaborative and inclusive We’re proud of our diverse and multinational make-up. Joining the ING team means contributing to a collaborative and inclusive culture, having a hybrid way of working and being part of the positive impact that we strive to make on people and the planet. We don’t believe in one ‘perfect’ way of doing things. The best solutions emerge when people work together, stay curious and learn from each other. You’ll get responsibility from day one, along with the trust and freedom to make your own choices and contribute your perspective. Purpose ING’s purpose is empowering people to stay a step ahead in life and in business. This purpose guides us in everything we do. Rather than telling our people what to do, we trust them and encourage them to carve out their career in a way that works best for them. We want to enable people to grow in their own way, without being held down. Because doing great things starts by doing your thing. So, are we offering the perfect job? Maybe not. But you might find something better: a place where you can be yourself, keep growing and make an impact through the work you do.