Model Strategy & Monitoring Lead
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Job Location:
Monthly Salary:
Posted on:
15 hours ago
Vacancies:
1 Vacancy
Job Summary
ING Hubs is hiring!
We are looking for you if you have:
10-15 years experience in financial risk management supervision or related fields
Broad expertise across credit risk modelling statistics policy development regulation/supervision combining strong technical background with domain expertise
Extensive experience in steering/managing/organizing teams of experts over short/medium timescales
Quantitative background i.e. a MSc or PhD degree in e.g. (Financial) Econometrics Financial Mathematics Quantitative Financial Economics Mathematics Statistics Physics
Sound knowledge of statistical inference and econometric methods
Extensive knowledge of IRB and IFRS 9 models
Good understanding and interpretation of regulatory credit risk policies attention to detail and accuracy.
English level - C1
Youll get extra points for:
Experience in being a sparring partner/advisor to Senior Management
Professional certification FRM/PRM/CFA or CQF
Participation in ECB inspections on behalf of the bank including preparation of materials and presentation of results
Knowledge of and experience with advanced statistical techniques
Knowledge of AIRB/IFRS9 / ESG regulations
Experience in developing internal policies and methodologies for building and managing model risk.
Your responsibilities:
Directly manage Product Owners and experts; In total 20 people organized in 3 squads
Steer and lead end-to-end IRB and IFRS9 model monitoring projects. Manage the resolution of model validation and ECB findings during annual model monitoring. Prepare annual monitoring plans and report progress to the relevant committees
Steer and lead senior experts during methodology and tooling update
Proactively manage internal / external stakeholders across end-to-end regulatory credit risk model lifecycle. Represent ING on matters related to internal models to regulator
Build grow and lead team of senior experts motivate recruitment / hiring / talent development of scarce senior regulatory / model experts. Build central capacity for model monitoring methodology tooling and oversight over regulatory model changes
Support Head of Integrated Risk Oversight with management of regular interactions with the ECB JST concerning internal regulatory models setting the agenda based on bank-wide priorities and align internal stakeholders on INGs standpoints regarding topics discussed.
Information about the team:
Credit Risk Model Development is an international global team (more than 400 risk experts) located in different locations in Europe (e.g. Amsterdam Milan Warsaw). The key responsibility is development of robust credit risk models firmly embedded in the regulatory environment.
The role naming convention in the global ING job architecture will be Lead Financial Risk III.
Key Skills
- Python
- C/C++
- Fortran
- R
- Data Mining
- Matlab
- Data Modeling
- Laboratory Techniques
- MongoDB
- SAS
- Systems Analysis
- Dancing
About Company
ING Global Career Opportunities - Welcome to 'careers at ING'. We give you the space to develop yourself as an intern, trainee and professional. Check out our opportunities. Jump on!
