Financial Accountant

Finance | Financial Accounting Team | Vice President | New York

About ING:

Ranked #8 on LinkedIn Top Companies in Financial Services

Crain’s 100 Best Places to Work

Ragan’s Top Places to Work in 2023

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:

The position is opened to candidate who is interested in financial reporting roles with mind set of collecting the dots. He/She will be exposed to end-to-end accounting processes in various Wholesale Banking products.

About the department:

The Finance department’s key responsibility is management of the financial aspects of the Wholesale Banking business line. Proper presentation of financial, regulatory & management reporting for applicable entities in accordance with applicable ING Group policies & procedure, accounting and regulatory frameworks is our main theme. It is our mission to maintain the holistic and robust reporting environment with accurate financial data and substantial control framework.

Responsibilities :

• This role is sitting in Financial Accounting team within Finance Department
• Demonstrate an in-depth understanding of accounting cycle of various Financial Market’s Products, such as derivatives, repos, assets backed securities
• Responsible for financial accounting reporting
• Perform analytical review on the product performance
• Provide commentary on balance sheet movement
• Liaison with Product Controller on PL analytics & commentary
• Reconcile the trading position from source of records to the ledger
• Experience in Broker Dealer and Swap Dealer business is a plus.
• Take ownership of the quality and reliability of the financial assets on the balance sheet
• Implement on-going internal controls over financial reporting and improve processes and controls

Qualifications and Competencies

• Bachelor’s degree in Accounting or Finance, CPA preferred. Public accounting experience is a plus.
• 5 years’ experience in wholesale banking and financial service industry
• Strong quantitative and analytical skills and solid understanding of financial analysis
• Excellent communication and meticulous attention to detail
• A commitment to meet deadlines
• Proactive towards change improvement and team concept oriented
• Proficient in MS Suite; experience with Power BI or Python is a plus

Salary Range: $143,000-$185,000

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 expenses associated with working from home, commuting, and fitness.

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.