Risk Model Oversight Expert

About the Position

Risk Model Oversight Expert

Join ING Bank as a Group-level expert responsible for the oversight of regulatory credit risk models, including IRB and IFRS 9. This role involves overseeing model changes, conducting On-Site Inspections, and engaging 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 the Group level.
• Perform advisory and quality-assurance reviews of Internal Model Investigations (IMIs) and on-site inspections.
• Manage senior internal stakeholders across the end-to-end credit risk model lifecycle globally.
• 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: Understanding of the full regulatory credit risk model lifecycle and the ability to identify, assess, and manage model risk at the Group level.
• Regulation & Policy: Application of capital requirements regulation, credit risk policies, and model risk frameworks with sound judgement.
• Quantitative Judgement: Strong command of quantitative and statistical concepts relevant to credit risk models, with the ability to critically assess analyses.
• Communication: Ability to communicate technical positions clearly and precisely, engage confidently with senior stakeholders, 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

Curious about how ING empowers people and businesses to move forward? Discover what we do and what we can offer you.

Questions?

Contact the recruiter attached to the advertisement. Want to apply directly? Please upload your CV and motivation letter by clicking the ‘Apply’ button.

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