Job description


  • Entry level
  • No Education
  • Salary to negotiate


We are building an integrated high quality Innovation risk support team for ING Labs, Platforms and for local innovation initiatives in order to ensure that ING takes a consistent risk management approach across geographies and business lines. Furthermore, ING needs to manage emerging risks  from new types of business. The risk team will also maintain and monitor the application of the Innovation risk framework.

An MLRO is needed to provide adequate advise and challenge on the Innovation initiatives, as the complexity of the activities in scope is significant. Also the activities apply to unchartered territory which means that it requires strong assessment and senior decision capabilities as well as keeping the alignment with the standing organization in case of integration in existing business processes. The activities cover multiple jurisdictions worldwide. Next to the diversity in jurisdictions and stakeholders, the activities cover a range of existing, changing and new products as well. The MLRO needs to be capable of working in a complex environment, making risk assessments under time pressure and knowing which other experts may need to be involved. 

The MLRO provides advice on projects on the initiatives in the Labs as well as on equity investment opportunities.

The MLRO will be part of the center of excellence team for integrated Risk oversight for CInO to make sure ING has a clear governance and consistent framework. Therefore this role has Global impact.

Job function name - Officer Non-Financial Risk A

Creating awareness of FEC risks and the consequences of external legislation and regulations; Advising, challenging and advising innovation initiative leads on how to limit the FEC risks,  translating the relevant legislation and regulations into rules and controls governing the internal business operations;  Advising, challenging and assisting innovation initiative leads and Senior Management on the implementation and application of the relevant rules and controls to ensure compliance with FEC legislation and regulations and ING FEC Policy and Minimum Standards; Maintaining contact with international and external stakeholders in order to keep fully updated on developments in the FEC regulatory environment.

Key Responsibilities:

Identify the applicable laws and evaluates their impact on internal processes and procedures;
Collaborate on identifying the internal control system and procedures aimed at preventing and combating the risks in question;
Check the suitability of the internal control system and the procedures adopted and proposes the organizational and procedural changes required or appropriate in order to guarantee a suitable risk facility;
Provide advice and assistance for company bodies and top management; in the event that new products and services are offered, carry out a prior evaluation of competences;
Check the adequacy of the extra due diligence process, carried out by the line structures.
Your work environment

The MLRO reports into the Head risk for innovation & M&A and is part of the Innovation & M&A Risk team.   Functional reporting into C&GM Compliance officer..

What we are looking for in you?


Detailed knowledge of ING Corporate Compliance Charter and Framework and all relevant policies
A minimum of 8-10 years of experience in Compliance Risk Management, including AML and Sanctions, within the banking industry;
Knowledge of AML and Sanctions regulations;
Excellent command of English, both verbal and written;
Excellent writing skills;
Ability to quickly analyze data/compliance processes/compliance practices, draw conclusions and make recommendations;
Ability to negotiate and convince stakeholders, including Senior Management;
Willingness and ability to travel abroad;
Team player able to challenge and sound board with other team members;
Ability to work independently;
Thorough understanding of compliance relevant legislation and regulations, international trends and industry developments;
Ability to work with ING tools and systems;
A university degree or comparable experience and skills
Possess a ‘can do’ approach, passion for the business, and drive for results.
Required Skills:

Strong sense of accountability: delivers on promise, takes ownership, etc.;
Effective communication skills, ability to influence others and effectively advise, and provide information either written or orally in English;
Organizational skills and ability to coordinate, mobilize

About the company

Dutch multinational banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retail banking, direct banking, commercial banking, investment banking, asset management, and insurance services.

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