Job Description, Responsibilities & Requirements
About the Position
ING Hubs Poland is hiring!
We are looking for a Credit Risk Methodology & Model Monitoring Specialist to join our Financial Risk team in Varsovie, Pologne.
Responsibilities
- Monitoring of IRB/IFRS9 models
- Collaborate with an internal Model Validation Unit during model development, model monitoring, and review processes.
- Write reports / model documentation.
Additional responsibilities depending on level of experience:
Senior Specialist
- Leading monitoring of IRB/IFRS9 models
- Work with IFRS9/IRB methodology in the following range: Participating in shaping model and monitoring methodology for the whole ING Group
- Translating methodology into functional specification for the purposes of the tools used for model development and monitoring within ING Group
- Participating in building internal tools used for model development and monitoring
- Participating in Development of IFRS9 models
Expert/Senior Expert
- Leading Development of IFRS9 models
- Shaping IFRS9 model development and monitoring methodology, including:
- Adapting and implementing IFRS9 standard into model development and monitoring framework covering the whole ING Group model landscape
- Reviewing and challenging IFRS9 model development and monitoring methodology, including its current implementation
- Translating IFRS9 methodology into functional specification for the purposes of the tools used for model development and monitoring within ING Group
- Participating in building internal tools used for IFRS9 model development and monitoring
Requirements
- Have MSc in mathematics, econometrics, statistics or a similar quantitative field
- Have sound knowledge of statistical inference, econometric methods, and statistical programming
- Have an ability to clearly and succinctly express yourself
- Have an ability to identify problems, analyzing key information and making connections, to find appropriate structural solutions
- Complete tasks and achieve results in an efficient, timely, and high-quality manner, with a focus on execution and delivery of targets and KPIs.
- English level - C1
Additional requirements depending on the level of experience:
Senior Specialist
- Have at least 3 years of experience with IRB/IFRS9 model development or at least 5 years of experience with IRB/IFRS9 model monitoring
- Have good understanding of IFRS9/IRB standards implementation in the field of model development
Expert/Senior Expert
- Have at least 6 years of experience with IFRS9/IRB standards interpretation and model development
- Have extensive knowledge and good understanding of IFRS9/IRB standards implementation in the field of model development
Nice to Have
- Experience in being a sparring partner/advisor to Senior Management
- Familiarity with best practices in coding / software development (release management, version control, testing, issue tracking)
- Professional certification FRM/PRM/CFA
We Offer
- Competitive salary ranging from 6 100 - 28 000 PLN depending on experience
About the Company
The Model Strategy and Monitoring team is located in Warsaw and Amsterdam and is a part of the Integrated Risk Oversight area. The team is responsible for model lifecycle management frameworks for IRB and IFRS9 models for the whole ING Group.
At ING, we want to unleash the potential of our employees, thanks notably to an inclusive culture where everyone can develop and have an impact on our customers and society. We ensure that diversity, equity, and inclusion are prioritized. As an employer subscribing to the principle of equal opportunity, we do not tolerate any form of discrimination, whether related to age, gender, sexual identity, cultural origin, experience, religion, race, ethnic origin, disability, family responsibilities, sexual orientation, social origin, or any other status protected by law. If you need assistance during the application and/or interview process, please contact the recruiter for the position. We will be happy to assist you to ensure a fair and accessible process. Learn more about our commitment to diversity, inclusion, and belonging.