Risk Model Developer
4 weken geleden
Are you interested in a job that can help you enhance your modeling and coding skills? Do you have experience with pricing models? If so, we may have a spot for you. Currently, we are seeking individuals to join our team, so keep on reading.
Join Our Team
We are a vibrant international team of highly skilled professionals. Our expertise lies in Trading Pricing Models, Market Risk, and Counterparty Credit Risk in the Trading book. We belong to the Integrated Risk Model Development department, which consists of a large group of modeling experts specializing in Trading Risk, Credit Risk, Market Risk in IRRBB, and Balance Sheet Risk models. We utilize cutting-edge modeling techniques, tools, and data-processing technologies.
This position provides fantastic opportunities to excel in your role and gain exposure to a dynamic and agile international work environment.
Roles and Responsibilities
Our team's activities are diverse, and here are some of the key ones:
- Develop calculation methodologies for valuation adjustment models to consider model risk uncertainty or position concentration
- Create Trading Risk methodologies such as Incremental Risk Charge (IRC/DRC), VaR scenarios specifications, Risk not in the model, historical market data models, Stress test, and Economic capital models
- Work on Counterparty Credit Risk models
- Design model monitoring methodologies
- Conduct production system implementation checks by comparing with your benchmark implementation or implementing models directly in the systems
- Offer quantitative support to risk managers and traders within the risk modeling context, integrate new products/pricing models into existing risk frameworks, develop tools for insights into model choices, and analyze methodologies for P&L explainer or market data proxies
Keys to Success
We hire intelligent individuals like you for your potential. Our primary expectation is that you remain curious, continue learning, and take on responsibilities. In return, we will support your development into an even more remarkable version of yourself.
To succeed, you should have:
- A PhD or MSc in a quantitative field such as mathematics, physics, statistics, or econometrics
- 3 to 7 years of Quantitative experience in Market Risk models and/or Counterparty Credit Risk models with implementation in Python or C++
- Experience in Derivatives pricing in at least one asset class like Interest Rate & Inflation, FX, Credit, Equities, Commodities, and/or XVA, including model implementation in Python or C++
- Familiarity with crucial regulatory developments such as CRR Market Risk framework for the Trading Book, FRTB, Prudent Valuation framework, etc
- Strong communication skills and fluency in English
- Positive attitude and proactive teamwork approach
Rewards and Benefits
We aim to help you find the right balance between your career and personal life. Some of the benefits of working with us at ING include:
- A personalized salary based on your skills and experience
- 24-27 vacation days depending on your contract
- Pension scheme
- 13th-month salary
- Individual Savings Contribution (BIS) equivalent to 3.5% of your gross annual salary
- 8% Holiday bonus
- Hybrid working model combining home and office work
- Opportunities for personal growth and challenging work
- An informal work environment with innovative colleagues
We are excited to review your application, and please include a motivational letter if possible
About Us
With a team of over 60,000 employees and operations in about 40 countries, there are plenty of opportunities for proactive individuals who want to assist others in moving forward in both life and business. Do you aspire to work on the forefront of innovation while prioritizing integrity and customer interests? Are you seeking a progressive, diverse, and supportive work environment? Then there's no better place to utilize your skills than at ING. Come join us. Submit your application today.
-
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...
-
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...
-
Senior Credit Risk Model Developer
3 dagen 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...
-
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
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...
-
Model Risk Specialist
17 uur geleden
Amsterdam, Noord-Holland, Nederland ING VoltijdModel Risk Oversight tribe (MRO) is an energetic, international, and diverse team of highly qualified Model Risk Managers in Amsterdam and Warsaw. MRO is responsible for the design and implementation of ING's global Model Risk Management (MoRM) framework and tooling across all models used within ING Bank worldwide. The tribe aims to proactively manage model...
-
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
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...
-
Senior Credit Risk Model Developer Wholesale
1 week geleden
Amsterdam, Noord-Holland, Nederland ING VoltijdGood to see your interest in ING's Model Development department. If you are searching for a place to grow as a professional, enjoy creating models, and facing intellectual challenges, there's no better place to be than here. We are responsible for developing risk models at ING, including credit risk, operational risk, IRRBB, trading risk, and economic...
-
Quantitative Pricing and Risk Model Developer
2 maanden geleden
Amsterdam, Noord-Holland, Nederland Taylor Root VoltijdOur client is looking to further expand their Quantitative team focusing on both pricing and risk models. There is a nice flat hierarchy and a chance to really broaden your scope within their team. The core requirement is on both building Pricing models and then further project work on risk models, specifically Market Risk however they do still work on...
-
Model Risk Management Intern
4 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...
-
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
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...
-
Credit Risk Model Owner
4 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
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
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;...
-
Senior Credit Risk Model Developer Wholesale
1 maand geleden
Amsterdam, Noord-Holland, Nederland ING VoltijdGood to see your interest in ING's Model Development department. If you are looking for a place to progress yourself as a professional, love developing models and the intellectual challenges that come with it, there is no better place to join. We are responsible for the development of risk models at ING. We develop all credit risk, operational risk, IRRBB,...
-
Senior Credit Risk Model Developer Wholesale
1 week geleden
Amsterdam, Noord-Holland, Nederland ING VoltijdGood to see your interest in ING's Model Development department. If you are looking for a place to progress yourself as a professional, love developing models and the intellectual challenges that come with it, there is no better place to join. We are responsible for the development of risk models at ING. We develop all credit risk, operational risk, IRRBB,...