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Cross Model Analytics Model Developer
Summary
Develops and maintains Wholesale Banking credit risk models (non-IRB, feeder models, IFRS9, Economic Capital) at ING Bank in Amsterdam, translating business and regulatory needs into model designs across the full Model Life Cycle while ensuring consistency and defending design choices to internal and external stakeholders.
As a Cross Model Analytics Model Developer, you will be responsible for coordinating the model development and maintenance environment for non-IRB credit risk models related to Wholesale Banking, including feeder models, IFRS9, and Economic Capital. You will translate business needs and regulatory requirements into a dedicated approach across all Model Life Cycle (MLC) steps, while safeguarding the model environment from exogenous impacts and ensuring consistency in design approaches.
The team
The Bank-wide Credit Risk Models department is responsible for the management of Wholesale Banking (WB) IRB and IFRS9 models, as well as the Bank-wide Credit Risk Economic Capital models, including their development, monitoring, and advisory support to the business in cooperation with relevant stakeholders.
All models in scope are group-wide, managed and developed centrally, and consistently applied across all ING locations.
Roles and responsibilities
In this role, you will contribute to the development, maintenance, and governance of the Wholesale Banking credit risk model landscape. - Translate business and regulatory requirements into a dedicated approach for specific Wholesale Banking models. - Analyse end-to-end design approaches at model and model-component level throughout the model life cycle procedure. - Ensure compliance of model designs while considering model environment requirements that may impact robustness and performance. - Participate in and actively steer stakeholder meetings involving contributors across all stages of the model life cycle procedure. - Engage with external stakeholders as a senior modeler to understand model and model-environment deficiencies and identify improvement opportunities. - Explain and defend model design choices to internal and external stakeholders.
How to succ...