Tech Stack
Job Description, Responsibilities & Requirements
About the Position
Model Development IRRBB Lead
ING Hubs Poland is hiring! The expected salary for this position: 22 700 - 36 500 PLN gross.
Responsibilities
- Managing the work of a team of 15+ quantitative experts
- Steer and lead senior experts in model development and monitoring
- Collaborate within Market & Operational Risk Model Development on roadmap delivery, including model development, change, monitoring, as well as solving Model Validation, Audit, and ECB findings
- Support Business, Finance and Risk domains by maintaining, creation, and roll-out of interest rate curves and indices
- Build, grow and lead team of senior experts, motivate, recruitment / hiring / talent development of scarce senior regulatory / model experts
- Model Development: Applies broad knowledge of IRRBB/Interest Rate modelling to lead the development of risk models, striking the balance between complexity, quality, and business needs.
- Model Ownership: Applies broad knowledge of Interest Rate models and market standards to act as a Model Owner, providing thought leadership and stakeholder management related to interest rate models and curves.
- Technical leadership: Applies knowledge and experience in programming to lead the Python implementations of the models in scope, as well as the related implementations on the in-house platform.
- Ensures Accountability: Fosters a sense of accountability across the organisation and personally takes a strong role in ensuring commitments to internal policies and external regulations are met.
- Effective Team-building: Builds strong-identity teams of diversely skilled experts to achieve common goals, with the ability to drive engagement by creating a shared vision across the team.
Requirements
- 10+ years of experience in financial risk management, supervision, or related fields
- Broad expertise across market risk modelling, statistics, combining strong technical background with domain expertise
- Experience in building / steering / leading quantitative teams. Cross-country or international experience is very welcome.
- Extensive experience across ALM and statistics, combining strong technical background with domain expertise.
- 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
- Sound knowledge of Python programming language
- Extensive knowledge of interest rate modelling
- English level - C1.
Nice to Have
- Experience in being a sparring partner/advisor to Senior Management
- Professional certification FRM/PRM/CFA or CQF
- Contribution to solving ECB findings
- Knowledge of and experience with SOT regulatory models (NII, EVE)
- Knowledge of EBA IRRBB/CSRBB Guidelines and Regulatory Technical Standards on SOT
We Offer
- Competitive salary
- Opportunity to work in a dynamic and international environment
- Professional development opportunities
About the Company
Market & Operational Risk Model Development is an international, global team (more than 35 risk experts) located in Amsterdam and Warsaw. The key responsibility is development of robust ALM & Operational risk models supporting regulatory compliance and risk management of ING.
Questions? Just ask Paulina Cupriak
Ask by email
Apply now
Chez ING, nous voulons libérer tout le potential de nos collaborateurs, grâce notamment à une culture inclusive où tout le monde peut se développer et avoir un impact sur nos clients et sur la société. Nous veillons à ce que la diversité, l'équité et l'inclusion soient prioritaires. En tant qu'employeur souscrivant au principe de l'égalité des chances, nous ne tolérons aucune forme de discrimination, qu’elle soit liée à l'âge, au sexe, à l'identité sexuelle, à l'origine culturelle, à l'expérience, à la religion, à la race, à l'origine ethnique, au handicap, aux responsabilités familiales, à l'orientation sexuelle, à l'origine sociale ou à tout autre statut protégé par la législation. Si vous avez besoin d'aide lors du processus de candidature et/ou d'entretien, veuillez contacter le (la) recruteur(se) du poste concerné. Nous serons heureux de vous accompagner pour garantir un processus équitable et accessible. Apprenez-en plus sur notre engagement en faveur de la diversité, de l’inclusion et de l’appartenance.