Managing Principal

Managing Principal

The exposure to a wide range of topics, lines of business and top management, makes the ING Strategy Consulting team an ideal landing spot for consultants and a breeding ground for future management. Consequently, they have an excellent track record in both core strategic projects as well as in placement of alumni in senior positions. An opportunity has come up at Managing Principal level. 



Amsterdam
100 - 120k
29 sep 2017
ING is a global financial institution of Dutch origin, offering retail- and commercial banking services to customers in over 40 countries. All 52,000 employees are guided by the same values: transparency, integrity and social responsibility to help customers manage their financial future. The bank presented its Think Forward strategy in 2014, which aims to create a differentiating customer experience enabled by a streamlined organization, operational excellence and an enhanced performance culture.

Kandidaatprofiel*


    • Consulting exit at Principal / Associate Partner level
    • With focus on Financial Services/Retail/B2C/Digital
    • Or minimum 8 years at customer-focused corporates
    • With P&L-responsibility and/or leading digital capabilities

    Skills

    • Strategic
    • Business acumen
    • C-level influencing
    • Leadership & management
    • Driving innovation
*

Onderzoek toont aan dat mannelijke kandidaten al solliciteren als ze aan 60% van de eisen voldoen, terwijl vrouwelijke kandidaten voor 100% gaan. Dus ook in geval van twijfel ontvangen we je CV graag.

"The exposure to a wide range of topics, lines of business and top management, makes the Strategy Consulting team an ideal breeding ground for future management."
  • Jeroen Plag Head of Corporate Strategy at ING
Vacature
This is a strategic management position within the Corporate Strategy department, with major exposure to a variety of businesses and the most senior management of the bank. The Managing Principal focuses on the Retail Bank and works with key senior managers and business leaders (at MBB, MBB-1 and MBB-2 level) to define the bank's strategy and tactical plans. (S)he recruits, coaches and educates more junior members of the Corporate Strategy team and oversees all Retail-related projects. Together with Senior Management and the team, (s)he defines objectives and approach. After that, (s)he provides insights in and advice on key strategic topics and helps prioritize projects. The Managing Principal also ensures that all recommendations given by the team are of a high quality and aligned with the bank's strategy. The position is based at ING's headquarters in Amsterdam and provides the opportunity to work on projects across ING's global locations - with a greater focus on Western Europe. Over the past 2 years, projects included: - Definition of local strategic plans with country CEOs; - Development of market entry strategies for new products (e.g. mortgages, personal loans, etc.) of geographical regions; - Strategic assessment of M&A opportunities; - Development of a global tool for the Chief Risk Officer, which simulates how the balance sheet will develop based on historical data and decisions in terms of geography and product type. The tool can highlight potential consequences of various strategic choices; - Incubation and launch of the innovative fintech YOLT in anticipation of the new banking legislation. In 2018, the PSD2 (Revised Payment Service Directive) will be implemented, which means that banks will have to provide open API's so that third-party providers will be able to access the banking data of customers (with their consent) and initiate bank transactions on their behalf. The YOLT app is a testing ground allowing ING to figure out what ING's strategic response should be. The idea: a single environment where customers can view (and following PSD2: control) all of their bank accounts and credit cards.

Meer informatie over het functieprofiel?

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