COO| ODCR| Compliance Expert | New York
Operational Design, Control and Resilience (ODCR), Compliance Expert Associate, New York
About ING : (please do not edit)
Ranked #8 on LinkedIn Top Companies in Financial Services and named to Crain’s 100 Best Places to Work
In 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.
Sound like the kind of place you’d feel at home? We’d love to hear from you.
About the position:
Associate position in the ING Americas ODCR team working closely with process and control owners to advise and ensure the proper implementation of relevant Compliance Control Frameworks and execute activities to mitigate identified risks for reporting to senior management.
Additionally, as ODCR team is part of the COO domain, you will support management, all business lines of ING Americas and work closely with our second line of defense Compliance department in the identification, assessment, mitigation and reporting of Compliance-related risks. This includes monitoring compliance risks on a regular basis to ensure ING Americas complies with ING Group policies and guidelines, as well as applicable local laws, regulations and standards.
About the department:
Operational Design, Control and Resilience (ODCR) Americas team consists of professionals and experts in various financial services and risk management areas. We work with business and support functions to ensure optimal control and resilience design, execution, and monitoring of Non-Financial Risks , business activities and processes, as well as enhancing risk culture in these domains.
Responsibilities :
The responsibilities of ODCR Compliance Expert include, but are not limited to, the following:
- Support the monitoring that the risk profile of ING Americas remains within its risk appetite by assisting with identifying risks, implementing mitigating measures, maintaining process flows and executing key control activities.
- Support the Vice President Compliance ODCR (VP Compliance ODCR), together with Business Management and Compliance Department to create awareness and ensure timely implementation of group Compliance policies, control standards and mandatory instructions, while limiting the impact on the business.
- Support the facilitation of gap analysis/Compliance risk assessments and assist with monitoring remediation of gaps related to (new) global policies, control standards and regulatory requirements.
- Support the timely and proper documentation of risks and controls, including implementation and execution of key controls and arrangement of monitoring techniques/activities (e.g. key control testing).
- Assist the team in the use of the GRC (Governance, Risk & Compliance) tool/application.
- Aid with development of presentations, communication and ad hoc analysis on topics related to Compliance risk.
- Keep up with regulatory and industry developments and trends in the area of compliance risk management.
Qualifications and Competencies
- Possess basic understanding of Financial Reporting, Financial Markets and Corporate Lending products risks, processes, procedures, key financial systems, controls and objectives.
- Possess knowledge of risk management principles, risk & control frameworks, methodologies and tools within a financial services environment.
- Trusted judgement and high work ethic, professional approach with strength of character to follow up on concerns, strong communication and persuasion skills. Ability to adapt quickly to changing situations. Ability to work in a highly demanding work environment, proactive and positive attitude towards problem solving and “thinking outside the box”.
- Able to build a network of relationships with key stakeholders from business, Compliance, and other 2nd LOD functions. Experience in communicating with all levels of internal management. Comfortable in presenting ideas in group meetings.
- A basic knowledge of iRisk (IBM Open Pages) GRC application is preferred.
- Excellent verbal and written communication skills.
- Able to work effectively with all levels of staff and build solid relationships across the organization. Able to learn quickly from documentation, analyses and talking to experts.
- Autonomous and highly self-motivated with the ability to multi-task productively and to work independently as well as collaboratively.
- Demonstrate effective collaboration and teamwork skills to support team members.
- Attention to detail, willingness to “roll up sleeves” and ability to work under pressure, all while keeping a positive and constructive mind-set. Focused on timely and high-quality deliverables.
- Good project management skills with excellent organizational, follow-up and time management skills.
- Being interested in continuously developing your expertise and knowledge.
Base Salary Range: $80K-$120K
ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to color, 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.
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.