Risk Model Oversight Expert

About the Position

Risk Model Oversight Expert

Group-level expert role at ING with oversight of regulatory credit risk models, including IRB and IFRS 9. The role covers oversight of model changes, On-Site Inspections and Internal Model Investigations, with direct interaction with the ECB and external auditors.

You will support, advise and challenge senior Risk Management and Model Development teams, exercising independent technical judgement on model risk, methodology and supervisory expectations.

Responsibilities

• Oversee changes to regulatory credit risk models and rating systems at Group level, acting as both advisor and controller.
• Perform advisory and quality-assurance reviews of IMIs and on-site inspections, including coordination of supervisory submissions, presentations and Q&As.
• Manage senior internal stakeholders across the end-to-end credit risk model lifecycle globally, as well as external stakeholders, in particular the ECB and external auditors.
• Represent ING in IMIs, on-site inspections and regulatory discussions related to credit risk models.

Requirements

• Background: Master’s degree and 6–12 years of experience in credit risk modelling, supervision or closely related fields.
• Credit Risk Modelling: Broad, hands-on expertise in credit risk modelling, combining strong statistical depth with practical understanding of IRB and IFRS 9 frameworks, policy implications and regulatory context.
• End-to-End Perspective: Understand the full regulatory credit risk model lifecycle and are able to identify, assess and manage model risk at Group level.
• Regulation & Policy: Apply capital requirements regulation, credit risk policies and model risk frameworks with sound judgement, translating regulatory requirements into defensible modelling and governance decisions.
• Quantitative Judgement: Demonstrate strong command of quantitative and statistical concepts relevant to credit risk models, and can critically assess analyses with a clear supervisory and materiality lens.
• Communication: Communicate technical positions clearly and precisely, engage confidently with senior stakeholders and supervisory authorities, and contribute pragmatically to the development of policies and methodologies.

We Offer

• 25-28 vacation days depending on contract
• Pension scheme
• 13th month salary
• 8% Holiday payment
• Hybrid working
• Personal growth and challenging work with endless possibilities
• An informal working environment with innovative colleagues

About the Company

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