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Lead Credit Risk Model Developer

2 maanden geleden


Amsterdam, Noord-Holland, Nederland ING Voltijd

The Model Development division is tasked with the creation of risk assessment models at ING. We focus on the development of models for credit risk, operational risk, interest rate risk in the banking book (IRRBB), trading risk, and economic capital. Our team comprises over 250 highly skilled professionals dedicated to crafting the most effective models to quantify the risks undertaken by ING. Our goal is to revamp all risk models for ING in the coming years. If you are passionate about model development and the intellectual challenges it entails, this is an excellent opportunity to become part of our Model Development team. We are also in the process of establishing new standards, systems, methodologies, and concepts.

These models are essential to ING's success, as they are utilized to manage our SME and Retail lending operations.

Key Responsibilities

You will be instrumental in the development and upkeep of models for assessing and managing credit risk for the Retail and SME portfolios, as well as guiding and advising front office colleagues in credit risk decision-making. You will be accountable for the creation and calibration of credit risk models in accordance with ING's modelling standards. The models you develop will encompass all products and geographical areas within the ING Bank portfolio. Besides modelling tasks, you will also enhance the measurement and monitoring of existing models.

Qualifications for Success

You possess an academic degree (MSc or PhD), ideally in econometrics, physics, statistics, or mathematics. You have a solid understanding of Basel and IFRS 9 models, along with experience in developing expert-based or statistical credit risk models. You are proficient in data modelling software or programming languages (C++, Java, Python, R, and/or SAS). You serve as a trusted advisor to Senior Management. You exhibit strong analytical, problem-solving, communication, and execution skills. You possess a creative and proactive mindset. You are capable of challenging existing norms. You are a collaborative team player. You are fluent in English.

What We Offer

A role where you can truly make a difference and have a significant impact on our customers. Lending is crucial in financing businesses and consumers. The models you develop will assess and measure risk, playing a vital role in all our decision-making processes.

A position that presents numerous intellectual challenges, fostering your personal, professional, and career growth.

Rewards and Benefits

We strive to ensure that you can maintain a healthy balance between your career and personal life. More information about our employment conditions can be found on our website.

The advantages of working with ING include:

A competitive salary based on your skills and experience. 24-27 vacation days, depending on your contract. A pension scheme. A 13th month salary. Individual Savings Contribution (BIS), 3.5% of your gross annual salary. 8% holiday payment. Hybrid working arrangements to combine remote work for focus and office work for collaboration. Opportunities for personal growth and challenging work with limitless possibilities. An informal work environment with innovative colleagues.