Your work environment
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.
You will join a team made out of 6 traders and focusing essentially on ING’s Exchange Traded Products (ETP) offered to individual investors, issuance and market making of ING’s Equity Securitised Derivatives as well as tailored employee inventives solutions for Corporate clients. You will participate in the day to day of a market making desk focusing mainly on Equity Linked Derivatives, manage the risk in the trading portfolio and contribute to the growth of ING’s Investment Products for retail and corporate clients in Europe.
The Amsterdam based ETP trading desk is part of the broader ING Equity Derivative franchise, with trading presence in London as well. The franchise is responsible for the structuring, packaging and trading of all linear and non-linear equity derivatives based products, including secondary market services. Investors & Corporate clients come to us for (leveraged) Exchange Traded Products (e.g. Sprinters or warrants), structured investments (e.g. Structured Notes), ruled based equity linked strategies and tailored solutions including OTC derivatives, hedging, monetization, stock option incentives schemes and strategic equity transactions.
Roles and Responsibilities
Manage market risks
Supervise trading books and adjust positions when required while optimizing revenue
Closely follow the risk reports and ensure to remain within the limits at any time
Maintain a high focus on the different markets and adjust risk positioning accordingly in close collaboration with the rest of the Equity Derivative team
Market Making in Exchange Traded Products
Continuous quoting of Sprinters and other listed derivatives in various marketplaces, balancing uninterrupted service (from 8:00 till 22:00 CET) to our clients with the need to contain the risks and exposures that result from this activity
Supervise daily issuing process for sprinters & warrants in the various markets in close collaboration with our sales workforce, executing various operational tasks such as corporate actions, life-cycle events and portfolio maintenance
Develop, test and maintain algorithmic based executions and trading strategies for optimal risk management
Manage ING’s equity securitized derivatives portfolio
Supervise the primary and secondary market of Equity linked notes and warrants
Manage the related risk, funding and liquidity exposures in close collaboration with the Equity Derivatives and XVA desks in London
Who are we looking for?
A colleague with a talent for taking it on and making ithappen, enthusiasm for helping others to be successful and a knack for always being a step ahead. In other words, you strive to bring fresh ideas to life and embrace challenges in a fast changing and complex environment. You are a naturally collaborative person who listens and invests in others to achieve common goals. You love to challenge the status quo and are eager to propose creative solutions to problems.
As an ETP trader you will also need:
a master degree in Finance, Economics or Applied Sciences
three to five years of experience in Financial Markets, preferable in the Equity Derivatives business or Exchange Traded Products
to be fluent in English
good knowledge of Equity Derivatives Products and their hedging implications in the market
flexibility in your working hours to ensure desk continuity (we operate as one team with morning, normal and evening shifts)
the ability to take risk decisions under pressure and maintain the highest level of accuracy in performing the relevant tasks
to have a proactive behaviour with perpetual energy and drive to improve performance
to be an effective team player with good interpersonal and communication skills
We offer you
A clear purpose, a unique offer and a range of flexible compensation and other benefits:
a 40-hour working week
a dynamic international working environment with innovative colleagues supporting your endeavours (Dealing room based in Amsterdam)
a progressive and agile way of working, where new ideas are valued ahead of convention
Furthermore, within the Equity Derivatives department, you can count on a range of opportunities to invest in your personal and professional growth with:
lots of challenging projects & a steep learning curve lying in front of you
the possibility to grow within an international department
How to succeed
We hire smart people like you for your potential. Our biggest expectation is that you’ll stay curious. Keep learning. Take on responsibility. In return, we back you to develop into an even more awesome version of yourself.
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. You can find out more about our employment conditions at https://www.ing.jobs/netherlands/Why-ING/benefits.htm
The benefits of working with us at ING include:
• A salary tailored to your qualities and experience
• 24-27 vacation days depending on contract
• Pension scheme
• 13th month salary
• Individual Savings Contribution (BIS), 3.5% of your gross annual salary
• 8% Holiday payment
• Personal growth and challenging work with endless possibilities
• An informal working environment with innovative colleagues
• Work Agile, so new ideas come to life faster
Want to apply directly? Please upload your CV and motivation letter by clicking the “Apply” button.
With 57,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of what’s possible and at the same time ensure you work with integrity and hold the customer’s interests at heart? Do you want to be surrounded by progressive, inspiring, diverse and supportive colleagues? Then there is no better place to invest your talents than at ING. Join us. Apply today.