Credit Risk Model Validator
1 week geleden
Risk Professionals.
The Credit Risk Model Validation Team is an energetic international team of highly qualified professionals within the Model Risk Management department. This fast growing team is responsible for validating the risk models used by ING worldwide. We assure that models are appropriate for the intended use and compliant with internal policies and external regulations.
Our goal is to increase the ING's understanding of a model's limitations & weaknesses and contribute to the ongoing model improvement and ensure the added value of models.
Roles and responsibilities
- Validating risk models, including performing quantitative analyses
- Creating high quality validation reports that are read by e.g. senior management, CRO staff, audit and ECB
- Participating in meetings with model developers, senior management, internal & external audit and the European Central Bank
Your model scope is broad and includes:
- Probability of Default (PD), Loss Given Default (LGD) and Exposure at Default (EAD) models
- Credit Economic Capital model (INCAP) and the concentration Risk Framework
- Stress Testing framework
- Nonregulatory models such as underwriting models or earlywarning systems.
In particular, the models in scope are used for calculations of the Loan Loss Provisions (IFRS9) as well as the Economic and the Regulatory (Basel II) Capital.
How to succeed?
- An academic degree (MSc or PhD) in Econometrics, Mathematics, Physics, Economics or another quantitative/numerical field
- A minimum of 5+ years related work experience with credit risk models (PD/LGD/EAD)
- Extensive knowledge in modelling/validation in either A-IRB or IFRS
- Programming experience in SAS or another similar programming language
- An independent, creative and proactive way of working
- Critical but positive constructive mindset
- A team player
- Excellent communication skills and ability to write clear reports in English.
Rewards and benefits
The benefits of working with us at ING include:
- A salary tailored to your qualities and experience
- Pension scheme
- 13th month salary
- Individual Savings Contribution (BIS), 3.5% of your gross annual salary
- 8% Holiday payment
- Hybrid working to blend home working for focus and office working for collaboration and cocreation
- Personal growth and challenging work with endless possibilities
- An informal working environment with innovative colleagues
About us
**Questions?
-
Senior Risk Model Validator
1 week geleden
Amsterdam, Noord-Holland, Nederland Ayvens VoltijdAt ALD Automotive | LeasePlan, we are always asking What's next in mobility. Join our team and be part of a dynamic, exciting and engaging business, so we can discover What's next togetherYou are responsible for:For our Senior Risk Model Validator vacancy we are looking for a new colleague at our Amsterdam based office. The model validation team is...
-
Credit Risk Model Validator
1 week geleden
Amsterdam, Noord-Holland, Nederland ING VoltijdING is seeking experienced Risk Professionals for the Credit Risk Model Validation Team. This dynamic international team of highly skilled professionals in the Model Risk Management department ensures that risk models at ING meet internal policies and external regulations. They aim to enhance the bank's understanding of model limitations, contribute to model...
-
Model Validator Credit Risk
1 week geleden
Amsterdam, Noord-Holland, Nederland ING VoltijdING is looking for enthusiastic Risk Professionals . The Credit Risk Model Validation Team is an energetic international team of highly qualified professionals within the Model Risk Management department. This fast growing team is responsible for validating the risk models used by ING worldwide. We assure that models are appropriate for the intended use...
-
Credit Risk Model Validator
4 weken geleden
Amsterdam, Noord-Holland, Nederland ING VoltijdING is looking for experienced Risk Professionals. The Credit Risk Model Validation Team is an energetic international team of highly qualified professionals within the Model Risk Management department. This fast growing team is responsible for validating the risk models used by ING worldwide. We assure that models are appropriate for the intended use and...
-
Credit Risk Model Validator
1 week geleden
Amsterdam, Noord-Holland, Nederland ING VoltijdING is looking for experienced Risk Professionals. The Credit Risk Model Validation Team is an energetic international team of highly qualified professionals within the Model Risk Management department. This fast growing team is responsible for validating the risk models used by ING worldwide. We assure that models are appropriate for the intended use and...
-
Credit Risk Model Validator
3 weken geleden
Amsterdam, Noord-Holland, Nederland ING VoltijdING is looking for experienced Risk Professionals. The Credit Risk Model Validation Team is an energetic international team of highly qualified professionals within the Model Risk Management department. This fast growing team is responsible for validating the risk models used by ING worldwide. We assure that models are appropriate for the intended use and...
-
Model Validator Credit Risk
4 weken geleden
Amsterdam, Noord-Holland, Nederland ING VoltijdING is looking for enthusiastic Risk Professionals. The Credit Risk Model Validation Team is an energetic international team of highly qualified professionals within the Model Risk Management department. This fast growing team is responsible for validating the risk models used by ING worldwide. We assure that models are appropriate for the intended use and...
-
Model Validator Credit Risk
1 week geleden
Amsterdam, Noord-Holland, Nederland ING VoltijdING is looking for enthusiastic Risk Professionals. The Credit Risk Model Validation Team is an energetic international team of highly qualified professionals within the Model Risk Management department. This fast growing team is responsible for validating the risk models used by ING worldwide. We assure that models are appropriate for the intended use and...
-
Model Validator Credit Risk
3 weken geleden
Amsterdam, Noord-Holland, Nederland ING VoltijdING is looking for enthusiastic Risk Professionals. The Credit Risk Model Validation Team is an energetic international team of highly qualified professionals within the Model Risk Management department. This fast growing team is responsible for validating the risk models used by ING worldwide. We assure that models are appropriate for the intended use and...
-
Credit Risk Model Owner
2 maanden geleden
Amsterdam, Noord-Holland, Nederland ABN AMRO VoltijdAt a glanceWe are looking for an additional colleague in the Model Ownership team in ABN AMRO's Model Ownership & RWA Oversight department (MO&R). Within the MO&R our Model Ownership team is responsible for the oversight of the use, implementation and quality of pillar I credit risk models and economic capital credit risk models. Moreover, the team is...
-
Credit Risk Model Owner
3 weken geleden
Amsterdam, Noord-Holland, Nederland ABN AMRO VoltijdAt a glanceWe are looking for an additional colleague in the Model Ownership team in ABN AMRO's Model Ownership & RWA Oversight department (MO&R). Within the MO&R our Model Ownership team is responsible for the oversight of the use, implementation and quality of pillar I credit risk models and economic capital credit risk models. Moreover, the team is...
-
Credit Risk Model Owner
1 week geleden
Amsterdam, Noord-Holland, Nederland ABN AMRO Bank VoltijdYour job You have the opportunity to join the Model Ownership team. The team facilitates all necessary activities for Credit Risk Models, including CER aspects, accepting accountability and ensuring the model lifecycle is properly followed. The team is accountable for Pilar I and economic capital credit risk models, including their CER implications;...
-
Credit Risk Model Owner
1 week geleden
Amsterdam, Noord-Holland, Nederland ABN Amro VoltijdCredit Risk Model Owner - CER InitiativesAt a glanceWe are looking for an additional colleague in the Model Ownership team in ABN AMRO's Model Ownership & RWA Oversight department (MO&R). Within the MO&R our Model Ownership team is responsible for the oversight of the use, implementation and quality of pillar I credit risk models and economic capital credit...
-
Junior Credit Risk Model Owner
2 maanden geleden
Amsterdam, Noord-Holland, Nederland ABN AMRO VoltijdAt a glanceWe are looking for a junior colleague in the Model Ownership team in ABN AMRO's Model Ownership & RWA Oversight (MO&R) department. Within the MO&R department our Model Ownership team is responsible for the oversight of the use, implementation and quality of pillar I credit risk models. The team is comprising of two sub-teams, focusing on program...
-
Junior Credit Risk Model Owner
1 week geleden
Amsterdam, Noord-Holland, Nederland ABN AMRO VoltijdAt a glanceWe are looking for a junior colleague in the Model Ownership team in ABN AMRO's Model Ownership & RWA Oversight (MO&R) department. Within the MO&R department our Model Ownership team is responsible for the oversight of the use, implementation and quality of pillar I credit risk models. The team is comprising of two sub-teams, focusing on program...
-
Junior Credit Risk Model Owner
3 weken geleden
Amsterdam, Noord-Holland, Nederland ABN AMRO VoltijdAt a glanceWe are looking for a junior colleague in the Model Ownership team in ABN AMRO's Model Ownership & RWA Oversight (MO&R) department. Within the MO&R department our Model Ownership team is responsible for the oversight of the use, implementation and quality of pillar I credit risk models. The team is comprising of two sub-teams, focusing on program...
-
Model Risk Management Intern
1 week geleden
Amsterdam, Noord-Holland, Nederland ING VoltijdJoin ING's Model Risk Management Department as an intern and gain valuable experience in the dynamic field of model risk management. As an intern, you will have the opportunity to work with a diverse and energetic team of highly qualified professionals, contributing to the validation and improvement of risk models used across ING.About the Model Risk...
-
Model Risk Management Intern
2 maanden geleden
Amsterdam, Noord-Holland, Nederland ING VoltijdJoin ING's Model Risk Management Department as an intern and gain valuable experience in the dynamic field of model risk management. As an intern, you will have the opportunity to work with a diverse and energetic team of highly qualified professionals, contributing to the validation and improvement of risk models used across ING.About the Model Risk...
-
Model Risk Management Intern
3 weken geleden
Amsterdam, Noord-Holland, Nederland ING VoltijdJoin ING's Model Risk Management Department as an intern and gain valuable experience in the dynamic field of model risk management. As an intern, you will have the opportunity to work with a diverse and energetic team of highly qualified professionals, contributing to the validation and improvement of risk models used across ING.About the Model Risk...
-
Senior Credit Risk Model Developer
1 dag geleden
Amsterdam, Noord-Holland, Nederland ING VoltijdThe Model Development department is responsible for the development of risk models at ING. We develop all credit risk, operational risk, IRRBB, trading risk, and economic capital models for ING. Model Development consists of over 250 highly specialized colleagues who are passionate about developing the best possible models to quantify the risk undertaken by...
