Accounting Associate

Wholesale Banking | Finance / Financial Accounting Team | Associate | 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 open to candidate who has prior experience in financial reporting function with mindset of connecting the dots. They will be part of the Financial Accounting Team and exposed to various Wholesale Banking products.

About the department:

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

Principal Responsibilities:

Prepare and review of the Head-Office Consolidated Financials and ECB Regulatory Reporting

Take ownership of the quality and reliability of the financial reports

Maintain appropriate supporting documentation and implement on-going internal controls over financial reporting and improve processes and procedures

Perform variance analysis and provide detailed commentary for balance sheet, income statement, and off-balance sheet

Keep abreast of any new accounting guidance that would have impact on reporting

Liaise with other Finance teams, Operations, Front Office, internal & external auditors

Qualifications and Competencies

Degree in Accounting or Finance (CPA preferred)

Minimum of 3 years’ experience in financial reporting, regulatory reporting, or combined in the financial service industry (public accounting experience is a plus)

An understanding of accounting principles and financial reporting concepts related to Wholesale banking products (experience with IFRS is a plus)

Working knowledge of financial products, especially fixed income and derivatives

Strong quantitative and analytical skills and solid understanding of financial analysis

Excellent communication and writing skills

Strong organizational skills, attention to detail, and strong work ethic

Proficient in MS Suite (experience with Power BI or Python is a plus)

Salary Range $80,000-$105,000

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.