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 team in Warsaw. This role focuses on the development and monitoring of IRB/IFRS9 models and financial risk management.
Responsibilities
- Monitoring of IRB/IFRS9 models
- Collaborating with the internal Model Validation Unit during model development, monitoring, and review processes
- Writing reports and model documentation
Additional responsibilities depending on level of experience:
Senior Specialist
- Leading monitoring of IRB/IFRS9 models
- Participating in shaping model and monitoring methodology for the whole ING Group
- Translating methodology into functional specification for 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
- MSc in mathematics, econometrics, statistics, or a similar quantitative field
- Sound knowledge of statistical inference, econometric methods, and statistical programming
- Ability to clearly and succinctly express yourself
- Ability to identify problems, analyze key information, and make 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 level of experience:
Senior Specialist
- At least 3 years of experience with IRB/IFRS9 model development or at least 5 years of experience with IRB/IFRS9 model monitoring
- Good understanding of IFRS9/IRB standards implementation in the field of model development
Expert/Senior Expert
- At least 6 years of experience with IFRS9/IRB standards interpretation and model development
- 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 PLN to 28,000 PLN per year
- Opportunity to work in a dynamic and innovative environment
- Professional development opportunities
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 aim to unlock the full potential of our employees through an inclusive culture where everyone can develop and make an impact on our customers and society. We prioritize diversity, equity, and inclusion and are committed to equal opportunity employment. We do not tolerate any form of discrimination based on age, sex, sexual identity, cultural background, 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 relevant position. We will be happy to support you to ensure a fair and accessible process. Learn more about our commitment to diversity, inclusion, and belonging.
Apply now and join our team!