Senior Credit Risk Model
Permanent, Full Time, Brussels, Knowledge English and Dutch or French
The Regulatory modelling Team is an energetic international team of highly qualified professionals within the Credit Risk Management department. This fast growing team is responsible for developing and managing credit risk models used within ING Belgium in the quickly evolving regulatory and macro-economic environment.
What does a Senior Credit Risk Model Expert do at ING?
ING uses quantitative models for a large number of purposes which form an integral part of our strategy. You will be developing models used for calculations of the Loan Loss Provisions (IFRS9) as well as the Regulatory (Basel) Credit Capital. As a Senior member of the modeling team, you will coordinate overall projects (e.g., model redevelopment), steer relevant roadmap, and manage internal and external senior stakeholders.
Within our team, you will be:
- Developing and monitoring regulatory credit risk models (PD, EAD, LGD) and accompanying IFRS models for the various lending portfolios of ING Belgium and lead strategic change projects on these models;
- Managing updates and alignment processes with senior management, CRO staff, model validation, audit, regulator, … Consequently, you will take a leading role in corresponding discussions with all involved parties, including senior stakeholders;
- Having close collaboration and be the sounding board with the international Credit Risk Modelling community of ING Group
Who are we looking for?
- An academic degree (MSc or PhD) in Econometrics, Mathematics, Physics, Economics or another quantitative/numerical field;
- Programming experience in SAS; and
- Interests and shown expertise in applying your quantitative background in the financial services industry.
- 8+ years experience in credit risk modelling.
Additionally, you should have
- A highly analytical and structural mind;
- Very strong drive and proactivity;
- Critical but positive constructive mind-set;
- Experience of senior stakeholder management;
- A team player; and
- Excellent communication skills and ability to write clear reports in English.
- An opportunity to achieve high impact with exposure to senior leaders;
- A clear purpose, a unique offer and a range of flexible compensation and other benefits;
- An informal, dynamic environment with innovative colleagues supporting your endeavors;
- A progressive and agile way of working, where new ideas are valued ahead of convention;
- Challenging projects, at the forefront of the new regulations;
- A dynamic and flexible work environment;
- Training opportunities.
