Business Analyst - Financial Markets & Group Treasury

About the role

ING Hubs Philippines is hiring a Business Analyst for Financial Markets and Group Treasury within the Financial Accounting Tribe of COO Finance. The role sits at the heart of the bank's wholesale banking business, which translates complex global activities into financial records in line with regulatory and tax requirements. It involves complex front-to-end initiatives, acting as single point of contact from Finance, and offers the chance to become a specialist or a generic profile with managerial responsibilities.

Key responsibilities

• Work in a multidisciplinary squad of business analysts, engineers and a product owner on FM & GT initiatives to onboard new portfolios to the central Finance environment and improve processing and reporting.
• Translate business requirements into Finance user requirements and act as single point of contact in front-to-end initiatives.
• Coordinate and facilitate activities at squad, tribe and program level, and support the product owner in managing the backlog (epics, features, user stories).
• Analyse input, output and adjustments of data in end-user processes, investigate data quality and propose improvements.
• Implement and maintain controls related to minimum accounting standards, and support strategic initiatives through functional, acceptance and migration testing.
• Translate solution designs into IT solutions with IT, provide second-line functional support, and check daily EOD timeliness, correctness, completeness of financial/product accounting, reporting, reconciliations and ledgers.
• Maintain event-based product accounting specifications for FM & GT products (FX, MM, Swaps, Securities, Repo), define and maintain non-product ledger processes such as Cost of Funding, and keep documentation such as user manuals and quick reference cards.

Required profile

• University (Master's) degree in (Management) Accounting & Control, Business IT, Accountancy or (Business) Economics; an exceptional academic record is a plus.
• More than ten years of experience in the financial industry with knowledge of Wholesale Banking product accounting concepts.
• Understanding of banking processes and knowledge of Financial Markets products and accounting concepts.
• Hedge accounting, FMGT front and back office systems (Murex, Summit, Sophis, Calypso), SQL, impact analysis, functional design, test plans and functional/acceptance/migration testing are listed as pluses.
• Strong analytical and problem-solving skills, comfort with Agile ways of working, proactive attitude, good oral and written English, and ability to work independently and in teams.