Risk Model Strategy & Monitoring Specialist
ing · AME (Amsterdam - Maple)
Job description
About the role
As a Risk Model Strategy & Monitoring Specialist at ING, you will help shape the bank's global approach to credit risk models, from IRB and IFRS 9 to emerging modelling developments. You will guide senior management and board-level decisions and steer global and local model development teams. The role sits in the Model Strategy & Monitoring team of Integrated Risk Oversight, which oversees credit risk models across mortgages, wholesale banking and non-bank financial institutions.
Key responsibilities
- Set the direction for the Group-wide IRB and IFRS 9 model strategy and turn it into methodologies and implementing procedures.
- Advise on how credit risk models inform portfolio management, capital allocation and balance-sheet steering, and challenge those decisions.
- Develop forward-looking model monitoring analyses, methods and decision criteria beyond standard performance reporting.
- Identify model risks and emerging weaknesses across portfolios, products and countries, and decide where Group-level action is needed.
- Resolve complex questions at the intersection of quantitative modelling, regulation, governance and business use.
- Turn technical findings into clear recommendations for senior management and model, risk and business committees.
- Bring together specialists across the model lifecycle and ING to reach consistent decisions.
Required profile
- Master's degree or PhD in Quantitative Finance, Econometrics, Mathematics, Statistics, Physics or a related field.
- At least 5 years of experience in credit risk modelling, model risk management, risk policy, model governance or supervision; experience across several areas is a plus.
- Ability to combine technical depth with strategic thinking and to communicate clearly with technical specialists and senior management.
Required skills
- Strong knowledge of at least one of IRB or IFRS 9 models and their regulatory or accounting frameworks.
- Ability to work across portfolios, products and jurisdictions with diverse stakeholders.
What we offer
- 25-28 vacation days depending on contract, plus an 8% holiday payment.
- Pension scheme and 13th month salary.
- Hybrid working.
- Personal growth and an informal working environment.
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Published 3 hours ago
Expires 1 month from now
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AME (Amsterdam - Maple)
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