Wholesale Bank Credit Risk Modellers Contract Full Time

Job Description:

ING is looking for experienced Wholesale Bank Credit Risk Modellers

ING is looking for Credit Risk Modellers that have at least 4 years of experience with developing AIRB models for Wholesale Banking portfolios. You will be working in the WB Credit Risk Model Development department of ING Group. The WB Credit Risk Model Development department is part of ING Group Model Development which comprises of a large team of modelling experts in Trading Risk, Credit Risk and Market Risk in IRRBB and Balance Sheet Risk models and that uses  state-of-the-art modelling methods, tooling, and data-processing technologies. 

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.
Does it sound interesting? Please read on!

What you’ll do
The team activities are quite varied – here are some of the main ones:

• You will play a crucial role in the development and maintenance of models for measuring and managing credit risk for Wholesale portfolios, as well as steering and advising the front office colleagues when taking credit risk decisions.
• You will interact with different regulators to the design, use and implementation of the models, as well on leading/ managing discussions on changes to the models and its submissions.
• You will take responsibility for developing and calibrating credit risk models by applying ING’s modelling standards. The models that you develop will cover all products and geographical regions in the ING Bank portfolio.
• In addition to the modelling activities, you will also be responsible for further improving the measurement and monitoring of existing models.

Who we are looking for.

• You have an academic degree (MSc or PhD), preferably in econometrics, physics, statistics, or mathematics.
• You have good knowledge of Basel and IFRS 9 models and experience in developing expert-based or statistical credit risk models.
• You have at least 4 years of relevant experience in developing and monitoring regulatory Wholesale Banking Credit Risk Models
• You have extensive experience in using data modelling software/ or coding (C++, Java, Python, R, SAS)
• You are a sparring partner/advisor to Senior Management
• You have strong analytical, problem-solving, communication and execution skills.
• You have a creative and pro-active mind-set.
• You can challenge the status quo.
• You are a team player
• You are fluent in English