Model Developer XVA

2 weken geleden

Amsterdam, Noord-Holland, Nederland ING Bank N.V. Voltijd

ING is looking for a Model Developer  with XVA and CCR expertise for the Risk Trading Quant Team in the Integrated Risk Model Development department.

The position offers excellent opportunities to excel in what you do and to broaden your modelling and coding skills, as well as exposure to a dynamic and agile international working environment with learning opportunities in trading risk models areas.

Does it sound interesting? Please read on

The team

We are an energetic international team of highly qualified professionals.

Our area of expertise is Trading risk models, Valuation Risk, and Counterparty credit risk in the Trading book.

We are part of the Integrated Risk Model Development department, which comprises of multiple teams of modelling experts: Trading Risk, Credit Risk and Market Risk in IRRBB and Balance Sheet Risk models. The Trading Risk Quants team is focused on Financial Markets modelling with sub-teams specialised on various asset classes: IR/INF, EQ/COM, FX/CR and XVA/CCR. The XVA/CCR team is looking at modelling related to XVA pricing and CCR risk.

Roles and responsibilities

Include an intro sentence and then use bullet points to make the content easy to read.

The team is responsible for designing the methodology of a wide range of models used in the Trading book. The design work relies heavily on the team benchmark libraries, which are used for analysis, exploration of alternative models and as implementation prototypes.

You will:

  • Design Counterparty Credit risk models (PFE/EAD modelling and Backtesting procedures) and implement them in the benchmark library;

  • Perform the production system implementation checks by comparing to the benchmark implementation or implement models directly in the systems;

  • Design valuation adjustment models accounting for model risk uncertainty in XVA ;

  • Implement in production system the XVA model risk valuation adjustments;

  • Design and implement associated model monitoring methodologies;

  • Develop Trading Risk methodologies, such as VaR scenarios specification and Risk not in model;

  • Provide quantitative support to risk managers and traders (in the risk modelling context), to the integration of the new products/pricing models in the existing risk frameworks, development of tools to provide insight into model choices, analysis of the methodologies used for P&L explainer or market data proxies.

How to succeed

We hire smart people like you for your potential. Our biggest expectation is that you'll stay curious. Keep learning. Take on responsibility. In return, we'll back you to develop into an even more awesome version of yourself.

You have:

  • A PhD (MSc with additional relevant experience will also be considered) in a quantitative field, e.g., mathematics, physics, statistics/ econometrics etc;

  •  At least 5 years of Quant experience in the following areas:

    • Market Risk models and/or Counterparty Credit Risk models and the implementation of such models in Python and/or C++;

    • Derivatives pricing in at least one of the following asset classes: Interest Rate & Inflation, FX, Credit, Equity, Commodities and/or XVA, including model implementation in Python or C++;

    • Familiarity with the most important regulatory developments (e.g. CRR Market Risk framework for the Trading Book, FRTB, Prudent Valuation framework, etc);

    • Familiarity with production systems is a plus.

  • Strong communication skills and fluency in English; and

  • Constructive attitude and pro-active team player.

Rewards and benefits

We want to make sure that it's possible for you to strike the right balance between your career and your private life. You can find out more about our employment conditions at

The benefits of working with us at ING include:

  • A salary tailored to your qualities and experience

  • A salary indication 4367 – 7088 EUR based on 36 hours per week

  • 24-27 vacation days depending on contract

  • 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 co-creation

  • Personal growth and challenging work with endless possibilities

  • An informal working environment with innovative colleagues

About us

With 60,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of what's possible and at the same time ensure you work with integrity and hold the customer's interests at heart? Do you want to be surrounded by progressive, inspiring, diverse and supportive colleagues? Then there is no better place to invest your talents than at ING. Join us. Apply today.

Questions?

Contact the recruiter attached to the advertisement for more information. Want to apply directly? Please upload your CV and motivation letter by clicking the "Apply" button.

Please note, multiple interview steps involving various business stakeholders will be part of the selection process.

  • Model Developer XVA

    5 dagen geleden

    Amsterdam, Noord-Holland, Nederland ING Bank N.V. Voltijd

    ING is looking for a Model Developer with XVA and CCR expertise for the Risk Trading Quant Team in the Integrated Risk Model Development department.The position offers excellent opportunities to excel in what you do and to broaden your modelling and coding skills, as well as exp...

  • Model Developer XVA

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland ING Bank N.V. Voltijd

    ING is looking for a Model Developer with XVA and CCR expertise for the Risk Trading Quant Team in the Integrated Risk Model Development department.The position offers excellent opportunities to excel in what you do and to broaden your modelling and coding skills, as well as exp...

  • Quantitative Risk Modeling Specialist

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland ING Bank N.V. Voltijd

    Job Overview: ING Bank N.V. is seeking a highly skilled Model Developer XVA to join its Integrated Risk Model Development department in the Risk Trading Quant Team. As a key member of this team, you will be responsible for developing and maintaining complex risk models that support the bank's trading activities.About the Role: The successful candidate will...

  • Senior Risk Model Developer Pillar 2

    2 weken geleden

    Amsterdam, Noord-Holland, Nederland Hamilton Forte & Associates Voltijd

    Ayvens is looking for a new colleague who can fill the position of Senior Risk Model Developer Pillar 2 at their Amsterdam based Headoffice. The Model Developer Pillar 2 works within a team on the development, implementation and monitoring of regulatory and business models. The role also supports the risk department by analysing data in order to detect...

  • Performance Developer

    2 weken geleden

    Amsterdam, Noord-Holland, Nederland Gazelle Global Voltijd

    As a preferred supplier to one of our biggest Client, I am seeking a Quantitative developer for a position in Amsterdam, Netherlands. Modernisation of the margining models and risk management for all assets classes in Tthe portfolio by migrating from the existing margin models within monolith application to VaR/ES margin models. Provide improvement...

  • Senior Risk Model Developer Pillar II

    2 dagen geleden

    Amsterdam, Noord-Holland, Nederland Ayvens Voltijd

    You are responsible for: For our Model Developer Pillar II vacancy we are looking for a new colleague at our Amsterdam based office. The Model Developer Pillar II works in a team on the development, implementation and monitoring of regulatory and business models. The role is also supporting the risk department by analysing data in order detect portfolio...

  • Senior Risk Model Developer Pillar II

    9 uur geleden

    Amsterdam, Noord-Holland, Nederland Ayvens Voltijd

    You are responsible for: For our Model Developer Pillar II vacancy we are looking for a new colleague at our Amsterdam based office. The Model Developer Pillar II works in a team on the development, implementation and monitoring of regulatory and business models. The role is also supporting the risk department by analysing data in order detect portfolio...

  • Risk Management Model Developer

    2 dagen geleden

    Amsterdam, Noord-Holland, Nederland Deribit Voltijd

    About UsWe're Deribit, the global market leader in crypto options. Our mission is to provide exceptional liquidity and low latency to advanced traders, including High-Frequency Trading Firms, Hedge Funds, Proprietary Trading companies, and Asset Managers.Role OverviewWe're looking for a skilled Risk Management Model Developer to join our team. In this role,...

  • Senior Risk Model Developer Pillar 2

    2 dagen geleden

    Amsterdam, Noord-Holland, Nederland Hamilton Forte & Associates Voltijd

    Ayvens is looking for a new colleague who can fill the position of Senior Risk Model Developer Pillar 2 at their Amsterdam based Headoffice. The Model Developer Pillar 2 works within a team on the development, implementation and monitoring of regulatory and business models. The role also supports the risk department by analysing data in order to detect...

  • Quantitative Developer

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland Gazelle Global Voltijd

    As a preferred supplier to one of our biggest Client, I am seeking a Quantitative developer for a position in Amsterdam, Netherlands.36 hours2 - 3 year projectHybrid (1 day per week onsite)The project and responsibilities:Modernisation of the margining models and risk management for all assets classes in Tthe portfolio by migrating from the existing margin...

  • Quantitative Developer

    4 weken geleden

    Amsterdam, Noord-Holland, Nederland Gazelle Global Voltijd

    As a preferred supplier to one of our biggest Client, I am seeking a Quantitative developer for a position in Amsterdam, Netherlands.36 hours2 - 3 year projectHybrid (1 day per week onsite)The project and responsibilities:Modernisation of the margining models and risk management for all assets classes in Tthe portfolio by migrating from the existing margin...

  • Senior Model Validator

    2 weken geleden

    Amsterdam, Noord-Holland, Nederland Gresham Hunt Voltijd

    Job Title: Senior Model Validator Job Type: Permanent Location: The Hague, Netherlands (Hybrid) Our client, a leading international financial institution, is seeking a dedicated and detail-oriented model validator/developer to join its dynamic team in a fast-paced and collaborative environment. This is a unique opportunity to play a crucial role in...

  • Quantitative Developer

    4 dagen geleden

    Amsterdam, Noord-Holland, Nederland Algo Capital Group Voltijd

    Quantitative Developer - Cash Equities A leading global hedge fund is seeking a Quantitative Developer to join its high-performing Cash Equities team. The role involves developing and implementing quantitative trading strategies with a focus on cash equity markets. You will work closely with Portfolio Managers and quantitative traders, leveraging advanced...

  • Quantitative Developer

    2 dagen geleden

    Amsterdam, Noord-Holland, Nederland Algo Capital Group Voltijd

    Quantitative Developer - Cash EquitiesA leading global hedge fund is seeking a Quantitative Developer to join its high-performing Cash Equities team. The role involves developing and implementing quantitative trading strategies with a focus on cash equity markets. You will work closely with Portfolio Managers and quantitative traders, leveraging advanced...

  • Quantitative Developer

    4 dagen geleden

    Amsterdam, Noord-Holland, Nederland Algo Capital Group Voltijd

    A leading global hedge fund is seeking a Quantitative Developer to join its high-performing Cash Equities team. You will work closely with Portfolio Managers and quantitative traders, leveraging advanced algorithms, statistical models, and market data analysis to build and refine strategies deployed in production environments. Optimise strategy performance...

  • Algorithmic Trading Developer

    1 dag geleden

    Amsterdam, Noord-Holland, Nederland Understanding Recruitment Voltijd

    **Key Responsibilities**As a Senior Quantitative Developer, you will be responsible for designing predictive models, refining machine learning pipelines, and enhancing strategy development processes.You will drive consistent optimization of existing models, collaborate with cross-functional teams, and potentially mentor or lead other researchers as part of...

  • Python Specialist for Azure Models

    2 dagen geleden

    Amsterdam, Noord-Holland, Nederland Gazelle Global Voltijd

    **Job Description**Gazelle Global is a leading recruitment agency in the Netherlands, specializing in placements for top banking organizations across Europe.We are seeking an experienced Senior Python developer to lead our team in developing models on a cutting-edge Python-based platform on Azure.The ideal candidate will have a strong background in Python...

  • Senior Financial Model Architect

    2 dagen geleden

    Amsterdam, Noord-Holland, Nederland Hamilton Forte & Associates Voltijd

    Company OverviewHAMILTON FORTE & ASSOCIATES is a global leader in the development of innovative financial solutions.We specialize in providing cutting-edge risk management tools to help organizations navigate complex regulatory landscapes.Job DescriptionThe Senior Risk Model Developer Pillar 2 will play a critical role in developing and implementing...

  • Senior Model Validator

    2 weken geleden

    Amsterdam, Noord-Holland, Nederland Gresham Hunt Voltijd

    Job Title: Senior Model Validator Job Type: Permanent Location: The Hague, Netherlands (Hybrid) Our client, a leading international financial institution, is seeking a dedicated and detail-oriented model validator/developer to join its dynamic team in a fast-paced and collaborative environment. This is a unique opportunity to play a crucial role in...

  • Senior Risk Management Developer

    6 dagen geleden

    Amsterdam, Noord-Holland, Nederland Hamilton Forte & Associates Voltijd

    Ayvens seeks a highly skilled Senior Risk Management Developer to lead the development, implementation, and monitoring of regulatory models. This role requires expertise in model governance, risk management, and analytical skills.The ideal candidate has experience in developing Stress test models, IRRBB and/or Asset Risk models, with a strong background in...