Model Developer Cross Model Analytics

Overview

The mission of Integrated Risk is focused on providing risk identification, aggregation and insight capabilities at Group level across the various Risk domains. The team department is using those capabilities across the various risk functions, to assume a general oversight of risk governance, policies and frameworks, and to steer group-wide model and implementation activities across locations. The Bank-wide Credit Risk Models department is responsible for the management of Wholesale Banking (WB) IRB and IFRS9 and the Bank-wide Credit Risk Economic Capital models - including their development, monitoring, and advisory support to the business - in cooperation with relevant stakeholders.

All the models in scope are groupwide, managed and developed centrally and consistently applied across all ING’s locations.

• Coordinating the Model development and maintenance environment for non-IRB credit risk models related to WB, including feeder models, IFRS9 and Economic Capital.
• Translating business needs and regulatory requirements to an advice and approach for all Model Life Cycle steps including execution of the model development and maintenance.
• Safeguarding the model environment from exogenous impact and ensuring consistency in design approach.
• Translate Business and Regulatory requirements into a dedicated approach for the specific WB model.
• Analyse design approaches end-to-end at model (component) level of the model life cycle procedure throughout the model environment, ensuring compliance and considering requirements that might impact robustness and performance of the model.
• Participate in and steer stakeholder meetings regarding all contributors to the model life cycle procedure, as well as external stakeholder meetings as senior modeler to understand deficiencies and improvement points of the model and model environment, and to explain and defend model design choices.

• University / Postgraduate (Master's Degree) in mathematics, economics or equivalent.
• 7+ years of experience in Credit Risk modelling.
• Risk management certification / SAS programming certification focused on Credit risk modelling.
• Out-of-the-box, inquisitive, strategic thinking with strong risk management incentives and technically mature credit risk modelling skills.
• Strong communication skills (internally and externally) and the ability to translate complex matters into simple language.
• Make it happen mentality.
• Risk Management:
  
  Applies broad knowledge on the end-to-end regulatory credit risk model lifecycle to act as the organizational authority on identifying, assessing, prioritizing and managing model risks.
• Learning:
  Champions exploration and out-of-the-box approaches.

• 25-28 vacation days depending on contract.
• Pension scheme.
• 13th month salary.
• 8% Holiday payment.
• Hybrid working.
• Personal growth and challenging work with endless possibilities.

We’re a global bank with a strong European base, and our more than 60,000 colleagues serve around 38 million customers and corporate clients in over 40 countries. Joining ING means working with friendly and collaborative people towards making a positive impact on people and planet. We believe in empowering the people around us and our customers to stay a step ahead.

Working here means having the autonomy to drive progress, helping to create superior customer value and contributing to our ambition of putting sustainability at the heart of everything we do. Here, we’re more than just a workplace – we’re a community of innovators, problem-solvers, and forward-thinkers, dedicated to making a real impact.

Questions? Contact the recruiter attached to the advertisement. Want to apply directly? Please upload your CV and motivation letter by clicking the ‘Apply’ button.