Finance | Policies & Procedures | Vice-President | New York

Finance, Vice-President, 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

In this role you will be the driving force behind the firm’s accounting and regulatory reporting policies. Using your analytical mindset and independent thinking, you will determine the appropriate accounting and regulatory treatment of transactions and events. You will also support internal stakeholders (e.g. business lines and risk management) by providing pro-active business analysis and advice. In addition, you will be involved in ING’s global initiatives, giving you the opportunity to build a global network that can also support your activities in the ING Americas.

About the department

This position is part of the newly formed Policies & Procedures within the Finance function of ING Americas. The purpose of the team is to guide the organization in the application of accounting standards, regulatory requirements and internal control expectations. This is in close cooperation with Finance management, the business, Legal, Compliance and ING colleagues around the world.

Responsibilities:

Advice on appropriate accounting and regulatory treatment of transactions and eventsSet the firm’s US GAAP accounting policy and update policies to align with internal and external developmentsEducate colleagues on accounting principles and regulatory requirements, and how these apply to transactions and eventsUtilize your expertise to pro-actively provide advice to local and global initiativesStay informed on the latest external developments and prepare the organization for these developments

Qualifications and Competencies

Detailed understanding of US GAAP5 year of experience applying US GAAP for banks, either as a preparer or auditorExperience with regulatory reporting requirements for banks is highly beneficial but not requiredExperience applying IFRS is beneficial but not requiredPrevious experience in a US Bank, Broker Dealer and/or Swap Dealer business environment a plus.Undergraduate / Bachelor’s degree in Accounting, Finance, or a similar fieldCertified Public Accountant or similar experienceAnalytical and independent thinkingClear and accurate communication, both written and spoken

Salary Range $140,000-$185,000

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.