Non-Financial Risk - Director

WB | Non-Financial Risk | Director – Non-Financial Risk Management | US

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. ING Americas follows a hybrid work model, allowing for in-office / work from home flexibility. 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:

We are seeking a Director – Non-Financial Risk Management to lead ING’s efforts in identifying, assessing, and mitigating non-financial risks, ensuring compliance with Federal Reserve (Fed) and New York Department of Financial Services (NYDFS) regulations. This role requires a strategic, detail-oriented leader who can work independently while fostering strong teamwork and collaboration across departments.

The ideal candidate will be responsible for enhancing ING’s non-financial risk management ensuring alignment with regulatory requirements and industry best practices. Experience working in FBO (Foreign Bank Office) is key.

If you are a visionary risk professional with a track record of leading high-impact teams and influencing enterprise-wide risk strategies, we invite you to shape the future of risk resilience with us.

About the department:

In today’s fast-paced and ever evolving world, risk extends beyond financial factors. Our Non-Financial Risk department plays a critical role in supporting the 1st LoD in assessing, managing, and mitigating risks by our 2nd LoD role in advising, monitoring and challenging.

As part of our team, you’ll collaborate with cross-functional experts and develop forward thinking risk strategies that drive our business forward while upholding the highest ethical and regulatory standards. Our mission is to ensure that our business remains secure, compliant, and prepared for the unexpected.

Join us to be part of a forward-looking environment where your contributions can make an impact!

Responsibilities :

(best practice- in order of importance- logic to the order) (max 7 points)

• Support 1st LoD to Identify, assess, and mitigate risks related to people, processes and systems.
• Support the development and implementation of a comprehensive non-financial risk management framework in compliance with Fed and NYDFS regulations.
• Ensure ING meets all non-financial risk regulatory requirements from the Fed, NYDFS, and other relevant authorities.
• Oversee the development of risk policies, procedures, and internal controls to align with regulatory expectations.
• Monitor emerging risks and regulatory developments, ensuring proactive risk mitigation strategies.
• Lead risk assessments and scenario analysis to evaluate potential exposures.
• Work cross-functionally with business units, compliance, and internal audit teams to drive risk management initiatives.
• Provide risk advisory support to senior leadership, ensuring informed decision-making.
• Develop and deliver training programs to enhance risk awareness across the organization.
• Foster a collaborative, risk-aware culture, balancing risk mitigation with business objectives.

Qualifications and Competencies

• Bachelor’s degree in Risk Management, Finance, Business Administration, or a related field (Master’s preferred).
• 10 years of experience in non-financial risk management within banking (FBO) or financial institution.
• In-depth knowledge of Fed and NYDFS regulations related to operational and enterprise risk.
• Proven ability to work independently, prioritize tasks, and drive risk initiatives.
• Strong teamwork and collaboration skills with experience working cross-functionally.
• Excellent problem-solving, analytical, and leadership abilities.

Base Salary Range - $215K - $275K

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 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, 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.