Regulatory Credit Risk Modeler | Basel & IFRS9 Expert

ING Belgium; Brussel Hoofdstad; On-site; EUR 65,000 - 90,000; Full time

Job summary

ING Belgium is seeking a Model Developer to join the Credit Risk Regulatory Modelling team. You will develop and maintain regulatory credit risk models used for Basel regulation and IFRS 9, translating requirements into modelling solutions and supporting model lifecycle activities.

The role involves collaboration across Risk, Finance and Business teams, with interactions with auditors and regulatory authorities, and requires strong analytical skills and English proficiency.

Qualifications

• Master's degree or PhD in Econometrics, Mathematics, Statistics, Physics, Economics or another quantitative discipline.
• Experience in credit risk modelling, preferably within IRB and/or IFRS 9 frameworks.
• Professional proficiency in English.
• Strong analytical and problem-solving skills.

Responsibilities

• Develop, maintain and monitor credit risk models, including PD, LGD, EAD and IFRS 9 models.
• Translate regulatory requirements into modelling solutions and perform quantitative analyses.
• Support the implementation and validation of models throughout their lifecycle.
• Prepare high-quality analyses and reports for senior management, Model Validation, Audit and regulatory authorities.
• Collaborate with stakeholders across Risk, Finance and Business teams.
• Participate in discussions with internal and external auditors, Model Validation teams and the European Central Bank.

Skills

Analytical thinking

Communication skills

Stakeholder management

Independent work

Problem solving

Proactive attitude

English proficiency

Education

Master's degree or PhD in Econometrics, Mathematics, Statistics, Physics, Economics or another quantitative discipline

Tools

SAS

Statistical programming languages

Job description

ING Belgium is seeking a Model Developer to join the Credit Risk Regulatory Modelling team. You will develop and maintain regulatory credit risk models used for Basel regulation and IFRS 9, translating requirements into modelling solutions and supporting model lifecycle activities.

The role involves collaboration across Risk, Finance and Business teams, with interactions with auditors and regulatory authorities, and requires strong analytical skills and English proficiency.