at ING Bank
OtherPosted 5 days ago
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**Financial Markets Operations Officer (CDD until Mar 2027)** Supporting ING Luxembourg's Trading Room, you'll manage end-to-end operations across Foreign Exchange, Money Market, and Capital Markets. Key responsibilities include transaction lifecycle management, liquidity and collateral management, risk awareness, regulatory compliance, and stakeholder interaction. Proven banking operations experience (3+ years) in related activities is required, along with a degree in Finance/Economics, strong analytical skills, and fluency in French and English. Excel proficiency, attention to detail, and ability to work under pressure are essential. Join our team to gain exposure to diverse Financial Markets activities within an international banking environment.
- Compensation
- Not specified
- City
- Luxembourg
- Country
- Luxembourg
Currency: Not specified
Full Job Description
The department is looking for a candidate to join the team on a short-term contract until the end of March 2027.
Your role & work environment
You support the Trading Room at ING Luxembourg by providing end-to-end operational services across Foreign Exchange, Money Market and Capital Markets activities. Your role is key to ensuring transaction integrity, effective liquidity and collateral management, and compliance with regulatory requirements.
You work within the Financial Markets Operations team, in close interaction with Treasury, Trading, Risk, Compliance, internal stakeholders and international counterparties.
Your key responsibilities
Financial Markets Operations & Transaction Processing
- Manage the full operational lifecycle of Foreign Exchange and Money Market transactions, including control, validation and settlement
- Control and validate securities and derivatives transactions (Interest Rate Derivatives and Equity Derivatives) executed by the Trading Room
- Reconcile trade confirmations with counterparties and ensure timely and accurate settlement of transactions
- Perform daily reconciliations of FX positions and investigate discrepancies
- Implement remediation actions and execute key controls to ensure accuracy and completeness of transactions
Liquidity, Collateral & Risk Management
- Manage the banks intraday liquidity
- Monitor and consolidate treasury positions to ensure sufficient funding levels
- Perform interest justifications and treasury-related adjustments
- Oversee collateral management activities, including margin calls and related interest calculations
- Identify operational risks, ensure adherence to internal policies and market rules, and propose process improvements
Regulatory & Stakeholder Activities
- Prepare and submit Financial Markets regulatory reports in line with MiFID II requirements
- Analyse feedback from regulators and internal control functions and coordinate remediation actions with relevant stakeholders
- Ensure compliance with applicable regulatory frameworks and internal procedures
- Interact with internal teams, counterparties and international banks, ensuring clear and effective communication on operational issues and resolutions
We look for
A colleague with a talent for taking it on and making it happen, 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 a Financial Markets Operations Officer, you will also need:
- A Bachelors or Masters degree in Finance, Economics or a related field
- At least 3 years of experience in banking operations, ideally in Trading Room support, FX, Money Market or Capital Markets activities
- Solid understanding of banking accounting, payment systems and financial market operations
- Strong analytical skills, attention to detail and risk awareness
- Ability to work under pressure, manage priorities and meet tight deadlines
- Strong organizational and communication skills, with the ability to work independently and collaboratively
- Fluency in French and English, both written and spoken
- Good command of MS Office tools, in particular Excel
We offer you
- Exposure to a broad range of Financial Markets activities, including FX, Money Market, Securities and Derivatives, within an international banking environment
- A hands-on role at the heart of liquidity management, trading support and regulatory reporting, offering a strong front-to-back operational perspective
- The opportunity to work closely with experienced professionals across Treasury, Trading and Operations, enhancing your expertise in a complex and regulated environment
There has never been a more interesting time to work at ING. Were on a journey thats centred around our customers, powered by technology and driven by smart, determined people. Our customers feel our people are empowering them to stay a step ahead in life and in business. Were proud of that!
