Risk Model Developer

4 weken geleden

Amsterdam, Nederland ING Voltijd

Are you looking for a job to broaden your modelling and coding skills? Are you experienced with models in pricing? Then we might be looking for you Currently we are looking for several people to join our team, so please read on

Team

We are an energetic international team of highly qualified professionals. Our area of expertise is Trading pricing models, Market risk and Counterparty credit risk in the Trading book. We are part of the Integrated Risk Model Development department, which comprises of a large team of modelling experts: Trading Risk, Credit Risk and Market Risk in IRRBB and Balance Sheet Risk models, with state-of-the-art modelling methods, tooling, and data-processing technologies. 

The position offers excellent opportunities to excel in what you do as well as exposure to a dynamic and agile international working environment.

Roles and responsibilities

The team activities are quite varied – here are some of the main ones:

Develop the calculation methodologies for valuation adjustment models such that account ., for the model risk uncertainty or concentration of positions;

Develop Trading Risk methodologies, such as Incremental Risk Charge (IRC/DRC), VaR scenarios specifications, Risk not in model, historical market data models Stress test and Economic capital models;

Develop Counterparty Credit risk models;

Design model monitoring methodologies;

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

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 or a MSc in a quantitative field, ., mathematics, physics, statistics/ econometrics etc;

 3 to 7 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 or C++;

Derivatives pricing in at least on 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 (. CRR Market Risk framework for the Trading Book, FRTB, Prudent Valuation framework, etc);

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

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

We are looking forward to welcome your application, please note a motivation letter is preferred

  • Risk Model Developer

    1 maand geleden

    Amsterdam, Noord-Holland, Nederland ING Voltijd

    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 TeamWe are a vibrant international team of highly skilled professionals. Our expertise lies in Trading Pricing...

  • Risk Model Developer

    4 weken geleden

    Amsterdam, Noord-Holland, Nederland ING Voltijd

    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 TeamWe are a vibrant international team of highly skilled professionals. Our expertise lies in Trading Pricing...

  • Junior Model Risk Manager

    3 maanden geleden

    Amsterdam, Nederland Knab Voltijd

    Knab was founded in 2 because we wanted to do things differently. Simpler, smarter and more advantageous for our customers. Because we believe we can help everyone maximize their financial affairs. "Feel at ease when it comes to your finances. Every day." By combining smart technical solutions with a healthy dose of human intelligence, we create financial...

  • Junior Model Risk Manager

    4 weken geleden

    Amsterdam, Nederland Knab Voltijd

    Knab was founded in 2 because we wanted to do things differently. Simpler, smarter and more advantageous for our customers. Because we believe we can help everyone maximize their financial affairs. "Feel at ease when it comes to your finances. Every day." By combining smart technical solutions with a healthy dose of human intelligence, we create financial...

  • Credit Risk Model Validator

    4 weken geleden

    Amsterdam, Nederland ING Voltijd

    ING 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...

  • Model Risk Specialist

    6 dagen geleden

    Amsterdam, Nederland ING Voltijd

    Model 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...

  • Credit Risk Model Validator

    2 weken geleden

    Amsterdam, Noord-Holland, Nederland ING Voltijd

    ING 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 maand geleden

    Amsterdam, Nederland ING Voltijd

    ING 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...

  • Credit Risk Model Validator

    4 weken geleden

    Amsterdam, Nederland ING Voltijd

    ING 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...

  • Model Validator Credit Risk

    2 weken geleden

    Amsterdam, Noord-Holland, Nederland ING Voltijd

    ING 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

    2 weken geleden

    Amsterdam, Nederland ING Voltijd

    The 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...

  • Senior Credit Risk Model Developer

    7 dagen geleden

    Amsterdam, Noord-Holland, Nederland ING Voltijd

    The 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

    1 maand geleden

    Amsterdam, Noord-Holland, Nederland ING Voltijd

    ING 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 maand geleden

    Amsterdam, Nederland ING Voltijd

    ING 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

    2 weken geleden

    Amsterdam, Noord-Holland, Nederland ING Voltijd

    ING 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 Voltijd

    ING 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

    5 dagen geleden

    Amsterdam, Noord-Holland, Nederland ING Voltijd

    Model 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

    1 maand geleden

    Amsterdam, Noord-Holland, Nederland ING Voltijd

    ING 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

    2 weken geleden

    Amsterdam, Noord-Holland, Nederland ING Voltijd

    ING 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 Voltijd

    ING 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...