Model Developer Interest Rate & Inflation

TieTalent; Gerona; Presencial; EUR 50.000 - 80.000; Jornada completa

Descripción de la vacante

A leading financial services company is looking for a Model Developer for their Risk Trading Quant Team. You will develop advanced methodologies for Trading Risk and provide quantitative support while working in a dynamic international environment. Ideal candidates hold a PhD or MSc and have experience in market and credit risk.

Servicios

8% Holiday payment

Mobility card

Opportunities for personal growth

Innovative working environment

Formación

• 3 to 5 years of experience in Market Risk or Counterparty Credit Risk models.
• Experience in Python or C++ for implementations.
• Familiarity with regulatory frameworks (e.g., CRR Market Risk).

Responsabilidades

• Develop calculation methodologies for valuation adjustment models.
• Develop Trading Risk methodologies such as Incremental Risk Charge.
• Provide quantitative support to risk managers and traders.

Conocimientos

Quantitative experience

Communication skills

Proactive team spirit

Educación

PhD or MSc in Mathematics, Physics, Statistics, or Econometrics

Descripción del empleo

ING is looking for a Model Developer for the Risk Trading Quant Team in the Integrated Risk Model Development department.

We are an energetic international team of highly qualified professionals. Our expertise includes Trading pricing models, Market risk, and Counterparty credit risk in the Trading book.

We are part of the Integrated Risk Model Development department, which comprises a large team of modelling experts in Trading Risk, Credit Risk, and Market Risk, working with state-of-the-art modelling methods, tooling, and data-processing technologies. This position offers excellent opportunities to excel and broaden your modelling and coding skills, with exposure to a dynamic and agile international environment. Does this sound interesting? Please read on!

Roles and Responsibilities

The team activities are varied. Here are some main tasks :

• Develop calculation methodologies for valuation adjustment models considering model risk uncertainty or concentration of positions;
• Develop Trading Risk methodologies such as Incremental Risk Charge (IRC / DRC), VaR scenarios, Risk not in model, historical market data models, stress testing, and economic capital models;
• Perform production system implementation checks by comparing to benchmark implementations or directly implementing models in systems;
• Provide quantitative support to risk managers and traders, including integrating new products / pricing models into existing risk frameworks, developing tools for insight into model choices, and analyzing methodologies for P&L explainers or market data proxies.

How to Succeed

You have :

• A PhD or MSc in a quantitative field such as mathematics, physics, statistics, or econometrics;
• 3 to 5 years of quantitative experience in :
• Market Risk or Counterparty Credit Risk models and implementation in Python or C++;
• Derivatives pricing in asset classes like Interest Rate & Inflation, FX, Credit, Equity, Commodities, or XVA, including implementation in Python or C++;
• Familiarity with key regulatory frameworks (e.g., CRR Market Risk, FRTB, Prudent Valuation);
• Strong communication skills and fluency in English;
• A constructive attitude and proactive team spirit.

Rewards and Benefits

We ensure a good work-life balance. Find out more about our employment conditions.

The benefits include :

• A salary aligned with your experience;
• 8% Holiday payment;
• Mobility card;
• Opportunities for personal growth and challenging work;
• An informal, innovative working environment.

About Us

Curious about how ING empowers people and businesses? Discover what we do and what we offer.

Questions?

Contact the recruiter attached to this advertisement. To apply, upload your CV and motivation letter by clicking the ‘Apply’ button.

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