FM Collateral Senior Specialist – Portfolio Reconciliation

As a Senior Specialist for Portfolio Reconciliation, you will be involved on both collateralized and non-collateralized OTC Derivatives portfolio reconciliations with our counterparties and clients globally.

The reconciliation team, which you will form part of, is responsible for comparing ING Bank NV’s OTC Derivatives trade portfolios with those of our major counterparties on a daily basis via an automated reconciliation tool.

On a less frequent basis, the team is responsible for reconciling smaller counterparty trade portfolios manually in Excel.

Exceptions (missing trades or valuation differences) must be followed up with counterparts or internal teams.

Additionally, you will perform various reconciliations, both internal and external with the data reported for respective regulations, to identify discrepancies and actively solve them.