Head of Interest Rate & Financial Markets Risk | Job

The Job / Responsibilities :

You will be responsible for overseeing ING Belgium's IRRBB and related financial market risks, ensuring robust governance, sound risk management practices, and continuous enhancement of the risk framework.

You will:

• Strengthen IRRBB methodologies, frameworks, governance, and risk management practices while anticipating future market developments and emerging risks.
• Monitor the impact of macroeconomic trends, interest rate movements, and market disruptions on ING's balance sheet.
• Ensure that risks generated by retail and commercial banking activities are appropriately identified, measured, monitored, and managed in line with business objectives.
• Provide independent, timely, and evidence-based challenge to Business and Treasury regarding balance sheet strategy, hedging activities, pricing assumptions, behavioural models, limit utilisation, and risk acceptance.
• Escalate material risk concerns when necessary and ensure management decisions remain transparent, well documented, and aligned with the approved risk appetite.
• Contribute actively to ALM committees and governance forums, bringing a strong second-line perspective and influencing senior decision-making.
• Build and maintain constructive relationships with regulators, including the National Bank of Belgium (NBB) and the European Central Bank (ECB).
• Represent ING Belgium within ING Group and contribute to the development and evolution of Group-wide IRRBB standards and best practices.

Drive innovation and future readiness:

Beyond day-to-day risk oversight, you will challenge the status quo and help shape the future of interest rate risk management within ING Belgium.
You will:
• Support strategic initiatives related to IRRBB and balance sheet management.
• Anticipate regulatory, technological, and market developments and translate them into actionable improvements.
• Promote innovation, analytical excellence, and data-driven decision-making.
• Drive the adoption of enhanced methodologies, modelling techniques, and risk management tools.
• Foster a forward-looking risk culture that proactively adapts to changing market conditions and supervisory expectations.

Lead and develop a high-performing team:

As a people leader, you will create an environment in which talented professionals can thrive, collaborate, and grow.
You will:
• Inspire, coach, and develop a team of risk professionals, supporting both their professional and personal growth.
• Foster a culture of accountability, collaboration, continuous learning, and constructive feedback.
• Encourage an entrepreneurial mindset where team members take ownership, challenge existing practices, and proactively create value.
• Build an engaged, diverse, and inclusive team focused on high performance and collective success.
• Lead by example, demonstrating integrity, sound judgement, resilience, and authenticity in times of change and transformation.

Your profile :

We look for:

A colleague with a talent for taking it on and making it happen, a passion for helping others succeed, and the ability to stay one step ahead.
You are an inspiring leader who combines deep expertise with curiosity, strategic vision, sound judgement, and the courage to provide independent and constructive challenge, even in complex situations involving senior stakeholders.

As Head of Interest Rate & Financial Markets Risk, you also bring:

• A master's degree in a quantitative discipline such as Financial Engineering, Mathematics, Physics, Econometrics, Actuarial Sciences, or a related field. CFA and/or FRM qualifications are considered a strong asset.
• At least 10 years of relevant experience in ALM, Treasury, IRRBB, Financial Risk Management, or a related field.
• Proven experience leading, coaching, and developing high-performing teams.
• Strong expertise in balance sheet risk management, including behavioural modelling, earnings and economic value sensitivity, stress testing, hedging strategies, and regulatory requirements.
• Experience leading strategic and cross-functional initiatives involving senior stakeholders.
• Strong communication, influencing, and stakeholder management skills.
• Excellent command of English; knowledge of French and/or Dutch is an asset.

(Kindly make reference to Banking Boulevard when applying for this position).
(Bedankt om naar Banking Boulevard te verwijzen als u solliciteert).
(Merci de bien vouloir faire référence au site-emploi Banking Boulevard lors de votre sollicitation).

We offer :

At ING, you'll find more than a job. You'll find a place where your expertise, ambition, and leadership can make a real impact.

We offer:
• Challenging work with ample opportunities for personal and professional growth.
• A dynamic and innovative environment where new ideas are encouraged and valued.
• Talented and supportive colleagues who will help you succeed.
• A progressive and agile way of working focused on collaboration, empowerment, and continuous improvement.
• Exposure to strategic topics that directly influence the future of the bank.


Within the Balance Sheet Risk department, you can count on:

• A highly professional and collaborative environment.
• Significant exposure to senior decision-makers and key strategic discussions.
• Challenging projects with a steep learning curve.
• The opportunity to work autonomously while collaborating with experienced specialists across ING Belgium and ING Group.