205.751 vacatures

13 nov 2024

Wholesale Credit Risk Quantitative Analyst

Branche Zie onder
Dienstverband Zie onder
Uren Zie onder
Locatie Kampen
Opleidingsniveau Zie onder
Organisatie ING Netherlands
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Informatie

Good to see your interest in ING's Model Development department. If you are looking for a place to progress yourself as a professional, love developing models and the intellectual challenges that come with it, there is no better place to join . We are 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.

The team
Model Development consists of over 250 highly specialized colleagues . Everyone is as passionate as the other about developing the best possible models to quantify the risk undertaken by ING. We are divided into topic-related chapters bringing focus and specialism to the deliverables in the department.

We strive to be the best in the industry. Our ambition is to redevelop all risk models for ING in the next few years , staying up to date or ahead of regulatory, technical and market developments . Among other things we do this by developing new standards, systems, methods, and concepts along the way.

Roles and responsibilities
Within our Wholesale Chapter we are looking for new colleagues to make an impact in our development process for the Wholesale marke t . For us Wholesale market consists of IRB and IFRS 9 odels. These models are core to the success of ING as our models are used to manage our Wholesale lending activities.

What is expected of you as a Modeler
  • 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.
  • 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 Wholesale Bank portfolio.
  • In addition to the modelling activities, you will also be responsible for further improving the measurement and monitoring of existing models.
Developing yourself at ING
We do not just develop models, we develop people. During your employment here at Model Development we offer you all the guidance you need as a modeler by content coaching, collaboration with seniors or training other colleagues to develop as a specialist.

However, we also offer you the chance to develop as a bank ing professional in the form of, for example, project management or participation in work ing groups . All custom to where you like to develop yourself based on regular sessions with you r Lead or Department Head

How to succeed
  • You have good knowledge of Basel and IFRS 9 models and experience in developing expert-based or statistical credit risk models
  • You have an academic degree (MSc or PhD), preferably in econometrics, physics, statistics, or mathematics
  • You have extensive experience in using data modelling software/ or coding ( SAS, Python, R )
  • You have the communication skill to be a sparring partner/advisor to Senior Management
  • You love what you do, are not afraid to challenge the status quo and strive to be a bit better every day
What we offer

A job that provides you with lots of intellectual challenges that will boost your personal, professional, and career development . A job where you really can make a difference and impact our customers . Lending is key in financing enterprises and consumers. The models that you will develop will determine and measure risk and are key in all the decisions we make.

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. You can find out more about our employment conditions at
The benefits of working with us at ING include:
  • A salary tailored to your qualities and experience
  • 24-27 vacation days depending on contract
  • Pension scheme
  • 13th month salary
  • Individual Savings Contribution (BIS), of your gross annual salary
  • 8% Holiday payment
  • Hybrid working to blend home working for focus and office working for collaboration and co-creation
  • Personal growth and challenging work with endless possibilities
  • An informal working environment with innovative colleagues
About us
With 60,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of what's possible and at the same time ensure you work with integrity and hold the customer's interests at heart? Do you want to be surrounded by progressive, inspiring, diverse and supportive colleagues? Then there is no better place to invest your tal...

Omschrijving

Good to see your interest in ING's Model Development department. If you are looking for a place to progress yourself as a professional, love developing models and the intellectual challenges that come with it, there is no better place to join . We are 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.

The team

Model Development consists of over 250 highly specialized colleagues . Everyone is as passionate as the other about developing the best possible models to quantify the risk undertaken by ING. We are divided into topic-related chapters bringing focus and specialism to the deliverables in the department.

We strive to be the best in the industry. Our ambition is to redevelop all risk models for ING in the next few years , staying up to date or ahead of regulatory, technical and market developments . Among other things we do this by developing new standards, systems, methods, and concepts along the way.

Roles and responsibilities

Within our Wholesale Chapter we are looking for new colleagues to make an impact in our development process for the Wholesale marke t . For us Wholesale market consists of IRB and IFRS 9 odels. These models are core to the success of ING as our models are used to manage our Wholesale lending activities.

What is expected of you as a Modeler
  • 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.
  • 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 Wholesale Bank portfolio.
  • In addition to the modelling activities, you will also be responsible for further improving the measurement and monitoring of existing models.
Developing yourself at ING

We do not just develop models, we develop people. During your employment here at Model Development we offer you all the guidance you need as a modeler by content coaching, collaboration with seniors or training other colleagues to develop as a specialist.

However, we also offer you the chance to develop as a bank ing professional in the form of, for example, project management or participation in work ing groups . All custom to where you like to develop yourself based on regular sessions with you r Lead or Department Head

How to succeed
  • You have good knowledge of Basel and IFRS 9 models and experience in developing expert-based or statistical credit risk models
  • You have an academic degree (MSc or PhD), preferably in econometrics, physics, statistics, or mathematics
  • You have extensive experience in using data modelling software/ or coding ( SAS, Python, R )
  • You have the communication skill to be a sparring partner/advisor to Senior Management
  • You love what you do, are not afraid to challenge the status quo and strive to be a bit better every day
What we offer

A job that provides you with lots of intellectual challenges that will boost your personal, professional, and career development . A job where you really can make a difference and impact our customers . Lending is key in financing enterprises and consumers. The models that you will develop will determine and measure risk and are key in all the decisions we make.

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. You can find out more about our employment conditions at

The benefits of working with us at ING include:
  • A salary tailored to your qualities and experience
  • 24-27 vacation days depending on contract
  • Pension scheme
  • 13th month salary
  • Individual Savings Contribution (BIS), of your gross annual salary
  • 8% Holiday payment
  • Hybrid working to blend home working for focus and office working for collaboration and co-creation
  • Personal growth and challenging work with endless possibilities
  • An informal working environment with innovative colleagues
About us

With 60,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of what's possible and at the same time ensure you work with integrity and hold the customer's interests at heart? Do you want to be surrounded by progressive, inspiring, diverse and supportive colleagues? Then there is no better place to invest your tal...

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