Model Risk Management Credit Risk

  • Competitive
  • Den Helder, Noord-Holland, Netherlands Den Helder Noord-Holland NL
  • Permanent, Full time
  • ING
  • 24 May 18 2018-05-24

Model Risk Management Credit Risk

ING is looking for Young Risk Professionals

The Credit Risk 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 intended use and compliant with internal policies and external regulations. Our goal is to increase the ING's understanding of a model's limitations & weaknesses and contribute to ongoing model improvement to ensure the added value of models.

What does a Risk Professional at ING?
ING uses quantitative models for a large number of purposes and form an integral part of our strategy. You will be working with models that are used globally to measure and manage Credit Risk at ING Bank. In particular, the models in scope are used for calculations of the Loan Loss Provisions (IFRS9) as well as the Regulatory (Basel II) Credit Capital. In addition, the team has the ambition to expend the scope to non-regulatory models such as underwriting models, pricing and early-warning systems.

Within our team, you will be:

  • Validating risk models, including performing quantitative analyses;
  • Creating high quality validation reports that are read by e.g. senior management, CRO staff, audit and ECB; and
  • Participating in meetings with model developers, senior management, internal & external audit and the European Central Bank.

Who are we looking for?
  • An academic degree (MSc or PhD) in Econometrics, Mathematics, Physics, Economics or another quantitative/numerical field;
  • Programming experience in SAS or another similar programming language; and
  • Interests in applying your quantitative background in the financial services industry.

Additionally, you should have
  • An independent, creative and pro-active way of working;
  • Critical but positive constructive mind-set;
  • Persuasiveness and the ability to interact with stakeholders and build positive relationships;
  • A team player; and
  • Excellent communication skills and ability to write clear reports in English.
What do we offer?
  • A competitive salary
  • A 40h (or 36h) working week
  • A 13th month
  • A public transport ticket for the Netherlands
  • Contribution to individual savings
  • Possibilities for training
  • Future career opportunities in ING
  • A dynamic and agile international working environment!

We are looking forward to receiving your application!

Interested?
Apply directly online by clicking on "Apply for this job".
For more information, please contact Kamila Falana ( kamila.falana@ing.com ).
For more information about careers at ING, check: www.ing.com.