Senior Credit Risk Model Developer Wholesale

<p><span><span>Good to see your interest in ING’s Model Development department. </span></span><span><span>If you </span></span><span><span>are looking for a place to progress yourself as a professional, love</span></span><span><span> developing models and the intellectual challenges that come with it, there is no better</span></span><span><span> place to join</span></span><span><span>. </span></span><span><span>We are </span></span><span><span>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. </span> </span></p><p></p><p><b>The team</b><br/><span><span>Model Development consists of over 250 highly specialized colleagues</span></span><span><span>. </span><span>Everyone</span></span><span><span> </span></span><span><span>is as</span><span> passionate as the other</span></span><span><span> about developing the best possible models to quantify the risk undertaken by ING. </span></span><span><span>We are divided into </span><span>topic-related</span><span> chapters bringing focus and specialism to the deliverables in the department.</span></span><span> </span></p><p><span> </span></p><p><span><span>We strive to be the best in the industry. </span></span><span><span>Our ambition is to redevelop all risk models for ING in the next few years</span></span><span><span>, staying up to date or ahead of regulatory, technical and market developments</span></span><span><span>. </span></span><span><span>Among other things we do this by</span></span><span><span> developing new standards, systems, methods, and concepts along the way.</span></span><span><span> </span></span></p><p><span> </span></p><p><b>Roles and responsibilities</b><br/><span><span>Within our Wholesale Chapter we are looking for new colleagues to make an impact in our development process for the Wholesale marke</span><span>t</span><span>. For us Wholesale market consists of </span><span>IRB and IFRS</span><span>9</span><span>odels.</span><span> </span></span><span><span>These models are core to the success of ING as our models are used to manage our Wholesale lending </span><span>activities.</span></span><span><span> </span><span> </span></span><span> </span></p><p><span> </span></p><p><b><span>What is</span><span> expected of you as a Modeler</span></b><span> </span></p><ul><li><p><span><span>You will play a crucial role in developing and maintaining models for measuring and managing credit risk for Wholesale portfolios and steering and advising the front office colleagues when taking credit risk decisions.</span></span><span> </span></p></li><li><p><span><span>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 </span><span>Wholesale </span><span>Bank portfolio.</span></span><span> </span></p></li><li><p><span><span>In addition to the modelling activities, you will also be responsible for further improving the measurement and monitoring of existing models.</span></span><span> </span></p></li></ul><p><span> </span></p><p><b><span>Developing yourself at ING</span></b><span><span> </span></span><br/><span><span>We </span><span>do not</span><span> just develop models, we develop people. During your employment here at Model Development we offer you all the guidance you need as </span><span>a modeler</span><span> by content coaching, collaboration with seniors or training other colleagues to develop as a specialist. </span></span><span> </span></p><p><span> </span></p><p><span><span>However,</span><span> we also offer you the chance </span><span>to develop</span><span> as a bank</span><span>ing</span><span> professional in the form </span><span>of,</span><span> for </span><span>example,</span><span> project management</span><span> or</span><span> participation in work</span><span>ing </span><span>groups</span><span>. All</span><span> custom to where you like to develop</span><span> yourself</span><span> based on regular sessions with you</span><span>r</span><span> Lead</span><span> or Department Head</span></span><span><span> </span></span><br/><span> </span></p><p><b>How to succeed</b></p><ul><li><p><span><span>You have good knowledge of Basel and IFRS 9 models and experience in developing expert-based or statistical credit risk models</span></span><span> </span></p></li><li><p><span><span>You have an academic degree (MSc or PhD), preferably in econometrics, physics, statistics, or mathematics</span></span><span> </span></p></li><li><p><span><span>You have extensive experience in using data modelling software/ or coding (</span><span>SAS, </span><span>Python, R</span><span>)</span></span><span> </span></p></li><li><p><span><span>You have the communication skill to be a</span></span><span><span> sparring partner/advisor to Senior Management</span></span><span> </span></p></li><li><p><span><span>You love