STA Customer Journey Expert within Counterparty Credit Risk-2

STA - Customer Journey Expert within Counterparty Credit Risk

Team Description

The Credit Exposure Group (CEG) is part of the Financial Risk Trading Risk Management (FR-TRM) domain within INGs CRO risk organisation. The team focuses on the quantitative measurement and management of Counterparty Credit Risk (CCR) exposures across INGs global trading activities. CEG plays a critical role in ensuring accurate risk assessments for derivatives and securities financing transactions contributing to both internal risk management and regulatory compliance.

Specific Function

CEG supports the development implementation and maintenance of CCR models and methodologies including regulatory and internal frameworks as model owner. The team enables ING to monitor and manage exposures effectively ensuring the banks resilience against counterparty defaults. This role contributes to the broader goals of Financial Risk by supporting CCR measurement model development and stakeholder engagement. The Medior/Junior Customer Journey Expert will assist in these activities with responsibilities tailored to their level of experience and expertise.

Job Description
We are looking for a Financial Risk Officer to join the CEG team as Customer Journey Expert during a 4 month STA to accelerate the delivery of the strategic CCR modelling and measurement roadmap including regulatory committed deliverables. This senior role offers a unique. This is an exciting opportunity for a motivated individual to grow within a dynamic and international risk management environment. The role involves supporting CCR measurement and modelling activities collaborating with stakeholders across Risk Financial Markets and IT. The successful candidate will be involved in data analysis reporting documentation and model implementation projects. Tasks will be assigned based on the candidates knowledge and experience with opportunities for development and learning.

Specific Tasks and Responsibilities
Supporting CCR measurement activities across various financial asset classes
Assisting in Exposure at Default (EAD) and Potential Future Exposure (PFE) measures.
Contributing to Monte Carlo and AddOn methodology calibration and backtesting
Supporting modelling of netting and collateral agreements
Participating in stress testing and Wrong Way Risk estimations
Assisting in model monitoring and model risk management activities
Engaging in CCR model implementation projects within INGs IPA environment
Documenting procedures and presenting analysis to stakeholders
Ensuring compliance with internal audit and model validation standards
Collaborating with internal teams such as Financial Markets Risk and IT

Specific Knowledge and Experience
University degree in economics econometrics finance or a related field
Some experience or strong interest in market risk or counterparty credit risk
Basic understanding of OTC derivatives pricing and CCR methodologies
Strong analytical and critical thinking skills
Effective communication skills for stakeholder interaction
Ability to work independently and as part of a team
Proficiency in MS Office (especially Excel); programming skills (Python Java C) are a plus
Fluent in English
Flexible and results-driven with the ability to meet deadlines
Willingness to learn and take on increasing responsibilities over time

Reporting Line and Classification

The successful candidate for the medior/junior Customer Journey Expert role will report hierarchically to the Head of Process Control & Risk within the Financial Risk Management team based in Amsterdam.

This position is classified as:
Global Job Architecture (GJA): 17
Job Grade: 11
Job Title: Junior Customer Journey Expert
Job Family Group: Risk Management
Job Family: Financial Risk