Investment & Interest Rate Risk Management, Director

• REQ
• 04/12/2025
• Treasury Markets
• New York, New York
• ING Bank

Group Treasury | Investment & Interest Rate Risk Management | Director | New York City

About ING:

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. ING Americas follows a hybrid work model, allowing for in-office / work from home fleibility. Hybrid work arrangements vary based on business area.

Sound like the kind of place you'd feel at home? We'd love to hear from you.

About the position:

The Director of Investments & Interest Rate Risk Management will lead the strategic management of ING America's High-Quality Liquid Assets (HQLA) portfolio and oversee interest rate risk mitigation strategies. This role is critical to ensuring optimal liquidity positioning, regulatory compliance, and balance sheet resilience within the broader framework of the global treasury strategy.

About the department:

Group Treasury at ING Americas is responsible for managing and monitoring ING's capital, funding, and liquidity positions across both business-as-usual and stress scenarios. This includes oversight of regulatory liquidity metrics and ensuring alignment with global treasury strategy.

The function facilitates risk and funding transfers from business lines to the Group Treasury books, sourcing funding from both the local U.S. market and Group-level channels. It actively manages associated interest rate, F, and liquidity risks through the use of derivatives, including interest rate swaps and F forwards.

In addition, Group Treasury oversees the management of the High-Quality Liquid Asset (HQLA) portfolio to ensure compliance with LCR and NSFR requirements, while optimizing yield and liquidity. The team also leads interest rate hedging strategies to mitigate structural risk on the U.S. balance sheet.

Group Treasury further advises business lines on pricing and potential balance sheet impacts of lending and deposit products, ensuring that commercial decisions are aligned with funding and risk objectives.

Responsibilities :

Investment Management (HQLA)

• Manage the HQLA portfolio in the region in alignment with liquidity requirements
• Optimize asset allocation across Treasuries, Agencies, and other eligible instruments
• Collaborate with Head Office treasury to align investment strategy with group-level objectives

Interest Rate Risk Management

Design and e

• ecute hedging strategies to manage interest rate risk across the U.S. balance sheet
  Monitor daily interest rate risk e- posures against approved limits
  Oversee Interest Rate Risk in the Banking Book (IRRBB) e- posure for the U.S. entity
• Ensure compliance with hedge accounting standards and documentation requirements

Market Intelligence

Monitor macroeconomic trends, central bank policy developments, and market conditions relevant to interest rate, F

• , and liquidity risks
• Contribute to internal market commentary and strategy discussions across GT and other functions

Qualifications and Competencies

10+ years of eperience in treasury, trading, or fi

• ed income portfolio management
• FINRA SIE, Series 7, and Series 63 licenses are required, or must be obtained within a reasonable timeframe following onboarding.
• Deep understanding of HQLA requirements, interest rate derivatives and regulatory frameworks
• Strong analytical skills and familiarity with Bloomberg, risk systems and treasury flatforms
  Ecellent communication and leadership abilities, with e- perience managing cross-boarder stakeholders
• Knowledge in Python and/or SQL/VBA preferred

Salary Range $216,000-$273,000

In addition to comprehensive health benefits, a generous 401k savings plan, and competitive PTO, ING provides a broad array of benefits including adoption, surrogacy, and fertility services; student debt assistance; and subsidies for epenses associated with commuting and fitness.

ING is a committed equal opportunity employer. We welcome applicants of diverse backgrounds and hire without regard to race, gender, religion, national origin, citizenship, disability, age, seual 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. #LI-DNI

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Bij ING willen we het beste uit mensen halen. Daarom hebben we een inclusieve cultuur waarin iedereen de kans krijgt om te groeien en een verschil te maken voor onze klanten en de samenleving. Diversiteit, gelijkheid en inclusie staan bij ons altijd voorop. We behan iedereen eerlijk, ongeacht leeftijd, geslacht, genderidentiteit, culturele achtergrond, ervaring, geloof, ras, etniciteit, beperking, gezinssituatie, seksuele geaardheid, sociale afkomst of wat dan ook. Heb je hulp nodig of kunnen we iets voor je doen tijdens je sollicitatie of gesprek? Neem dan contact op met de recruiter die bij de vacature vermeld staat. We werken graag samen met jou om het proces eerlijk en toegankelijk te maken. Lees hier meer over hoe wij staan voor diversiteit, inclusie en erbij horen.