Senior ALM Model Developer

If you are passionate about finance, have a strong analytical background, and are interested in developing your skills in a dynamic and challenging environment, we encourage you to apply! We're looking for a motivated individual to join the development and implementation of asset-liability management (ALM) models.

The Team

You will be part of a very diverse and international team of 10 members. The Integrated Risk ALM Model Development (MD) department sits within Integrated Risk and is responsible for developing, maintaining, and ensuring the quality and governance of Asset & Liability Management (ALM) models used across ING. These models support key balance sheet risk management activities, including interest rate risk, liquidity risk, behavioural modelling, replication modelling, and economic capital considerations.

Roles and responsibilities

• Work on developing and maintaining ALM models, including data input, model calibration, and scenario analysis.

• Manage complex projects to deliver on internal / external requirements.

• Guide and collaborate with the team to develop behavioural models that capture customer behaviour over time.

• Conduct sensitivity analysis and stress testing of the ALM models to assess the impact of various risk factors on the financial projections.

• Analyze the results to identify potential areas of risk or opportunity.

• Prepare presentations and reports for internal stakeholders.

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.

We are looking for a team member with the following knowledge and experience:

• An academic degree (MSc or PhD), quantitative studies such as Econometrics, Mathematics, Engineering & Physics.

• Finished additional professional qualifications in the financial risk field such as CFA, FRM, or the willingness to do so.

• Experience with Python.

• Experience with model development in large financial institutions.

Additionally,  you should be:

• Proactive and analytical.

• Open and strong in communication.

• Problem solving and determined to finish on time.

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. Find out more about our employment conditions.

The benefits of working with us at ING include:

• 25-28 vacation days depending on contract

• Pension scheme

• 13th month salary

• 8% Holiday payment

• Hybrid working

• Personal growth and challenging work with endless possibilities

• An informal working environment with innovative colleagues

About us

Curious about how ING empowers people and businesses to move forward?

Discover what we do and what we can offer you.

Questions?

Contact the recruiter attached to the advertisement. Want to apply directly? Please upload your CV and motivation letter by clicking the ‘Apply’ button.

Please note, multiple interview steps involving various business stakeholders will be part of the selection process.