At a Glance
- Tasks: Lead regulatory and non-financial risk management for ING's Financial Markets in the UK.
- Company: ING is a global bank focused on empowering people and fostering innovation.
- Benefits: Enjoy a supportive work/life balance and a culture that values diversity and collaboration.
- Why this job: Join a dynamic team shaping the future of financial markets with impactful regulatory insights.
- Qualifications: Degree qualified with 10+ years in financial markets or regulatory affairs; proactive and collaborative mindset required.
- Other info: Be part of a culture that champions self-reliance and continuous improvement.
The predicted salary is between 72000 - 108000 £ per year.
Some companies see diversity as a box to be ticked. We see it as fundamental to our success and we encourage a proper work/life balance. At ING, you will be judged on your performance in line with the Orange Code. And that’s a promise.
Department Overview
Financial Markets (FM) is the Bank’s gateway to the professional markets around the world. Our primary function is to service the needs of ING’s clients with products, services and guidance. FM aims to be a significant player in our market leader and challenger markets, with an additional presence in all the major international markets and specialist expertise in selected emerging markets and products.
The Role
ING Financial Markets (FM) Center of Expertise (CoE) Regulatory acts as the Financial Markets front office single point of access for all the regulatory programs, non-financial risk and data management. The CoE takes ownership of our regulatory deliverables, ensures adequate execution together with the main stakeholders, takes a pro-active role in identifying regulations which may tangibly impact FM, maintains and extends relationships with all relevant stakeholders and remains up to date with any new regulations. Furthermore, the CoE is responsible for managing the non-financial risk environment from a first line perspective, in close contact with all relevant stakeholders in all 3 lines of defense.
In this role, you will lead the Regulatory and Non-Financial Risk Management function within the UK FM Front Office. You will be part of and work closely with the Centre of Expertise team (CofE) based in Amsterdam. The Financial Markets Centre of Excellence Regulatory team has responsibility over three key areas: i) Regulatory Outlook & Advocacy, ii) regulatory change and implementation, iii) safeguarding against non-financial risk.
Main Duties and Responsibilities of Role:
- Partner with the Financial Markets business by providing regulatory support, regulatory insights and advice focused on the UK, however with global alignment.
- Lead the UK Front Office (FO) Supervision & Conduct Risk Office and drive the UK implementation of FO control & conduct requirements within FM UK.
- Interpret regulatory issues (Financial Markets related) and develop solutions in their area of expertise to protect ING, ING FM and its business interests.
- Maintain an interest in developing knowledge of non-financial risk (NFR) Management governance and processes and can translate NFR requirements into day-to-day FM practices.
- Head up a collection of multiple regulatory initiatives and support management stakeholders ensuring the UK changes are adequately prioritised amongst competing projects and deliveries.
- Strengthen the FM control framework and act as a trusted advisor to the UK FM MT on Non-Financial Risk matters.
- Ensure that the FM business operates within an acceptable risk tolerance and adheres to regulatory parameters.
- Member of the UK FM MT. You will report functionally to the Head of the FM Regulatory CoE and locally to the Head of UK FM.
Candidate Profile
Qualification/Education
Essential: Degree Qualified (ideally business, finance, risk)
Desirable: Qualification in non-Financial Risk and/or Project Management
Experience/Knowledge
Essential:
- 10+ Years experience in Front-office Financial Markets and/or Regulatory Affairs/Advice and/or Compliance
- Strong background in Financial Markets
- Knowledge in the domain Compliance & Financial Markets (first and second line of defence)
- Strives to bring fresh ideas to life and embrace challenges in a fast changing and complex regulatory environment.
Desirable:
- Knowledge/experience of/in non-financial risk management
- External network
Personal Competencies
Essential:
- Proactive, & self-motivated
- Work independently, think and act out of the box.
- Accountable
- Excellent interpersonal skills, Highly collaborative personality
ING’s purpose is ‘Empowering people to stay a step ahead in life and in business’. Every ING colleague is given the opportunity to contribute to that vision. We champion self-reliance and foster a collaborative and innovative culture. The Orange Code is our global manifesto for how we stay true to our purpose and our tradition of reinvention and empowerment. It is made up of ING Values (we are honest; we are prudent; we are responsible) and ING Behaviours: (you take it on and make it happen; you help others to be successful; you are always a step ahead).
For us, success will only be achieved if we act with Integrity.
ING Privacy Notice: In order to operate ING’s recruitment process, we will collect and store personal information you provide. Please request the privacy notice should you wish to understand how ING uses and protects this information.
Contact Detail:
ING Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Regulation & NFR Financial Markets - Director
✨Tip Number 1
Network with professionals in the financial markets and regulatory sectors. Attend industry events, webinars, or conferences to connect with key players and gain insights into current trends and challenges in regulation and non-financial risk management.
✨Tip Number 2
Stay updated on the latest regulatory changes affecting financial markets. Subscribe to relevant newsletters, follow regulatory bodies on social media, and engage with thought leaders to demonstrate your proactive approach to understanding the regulatory landscape.
✨Tip Number 3
Showcase your leadership skills by participating in discussions or forums related to regulatory compliance and non-financial risk. This will not only enhance your visibility but also highlight your ability to lead initiatives and drive change within an organisation.
✨Tip Number 4
Familiarise yourself with ING's Orange Code and values. Understanding their culture and how they prioritise diversity and collaboration can help you align your approach and demonstrate that you are a good fit for their team during interviews.
We think you need these skills to ace Head of Regulation & NFR Financial Markets - Director
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in Financial Markets and Regulatory Affairs. Use specific examples that demonstrate your expertise in compliance and non-financial risk management.
Craft a Compelling Cover Letter: In your cover letter, express your understanding of ING's values and how they align with your personal competencies. Highlight your proactive approach and ability to work independently while collaborating effectively.
Showcase Relevant Experience: Detail your 10+ years of experience in Front-office Financial Markets and any roles related to regulatory advice or compliance. Be specific about your achievements and how they relate to the responsibilities outlined in the job description.
Demonstrate Knowledge of Regulations: Illustrate your familiarity with current regulations affecting Financial Markets. Discuss how you have previously interpreted regulatory issues and developed solutions, showcasing your ability to protect business interests.
How to prepare for a job interview at ING
✨Understand the Regulatory Landscape
Familiarise yourself with the current regulatory environment in financial markets, especially in the UK. Be prepared to discuss recent changes and how they impact ING's operations. This shows your proactive approach and understanding of the role.
✨Demonstrate Leadership Skills
As a Head of Regulation & NFR Financial Markets, you'll need to showcase your leadership abilities. Prepare examples of how you've successfully led teams or projects in the past, particularly in high-pressure situations.
✨Emphasise Collaboration
ING values collaboration highly. Be ready to share experiences where you worked closely with various stakeholders to achieve common goals. Highlight your interpersonal skills and how you foster teamwork.
✨Align with ING's Values
Make sure you understand ING's Orange Code and values. During the interview, relate your personal competencies and work ethic to these values, demonstrating that you are a good cultural fit for the organisation.