Regulatory Credit Risk Model Oversight Lead

ING Italia; Lombardia; Hybrid; EUR 45,000 - 55,000; Full time

Benefits offered by this job

Flexible smart working

Competitive base salary

Performance-based bonuses

International environment

Training and development opportunities

Job summary

ING Italia seeks a group-level expert to oversee regulatory credit risk models (IRB and IFRS 9). The role interacts with ECB and external auditors, guiding model changes and providing expert judgement to senior Risk Management and Model Development teams.

You will coordinate with a global team, ensuring regulatory alignment, governance, and robust model risk management across ING’s international instantiations.

Qualifications

• Master’s degree and 6–12 years of experience in credit risk modelling, supervision or closely related fields.
• Broad hands-on expertise in credit risk modelling, including IRB and IFRS 9 frameworks and regulatory context.
• Ability to translate regulatory requirements into defensible modelling and governance decisions.
• Full proficiency in English and ability to engage with senior stakeholders and supervisory authorities.

Responsibilities

• Oversee changes to regulatory credit risk models and rating systems at Group level, advising and challenging senior teams.
• Perform advisory and QA reviews of IMIs and on-site inspections, coordinating submissions, presentations and Q&As.
• Manage senior internal and external stakeholders, including ECB and external auditors, across the model lifecycle.
• Represent ING in IMIs, on-site inspections and regulatory discussions related to credit risk models.

Skills

IRB

IFRS 9

Statistical depth

Quantitative judgement

English proficiency

Stakeholder communication

Education

Master's degree

Job description

ING Italia seeks a group-level expert to oversee regulatory credit risk models (IRB and IFRS 9). The role interacts with ECB and external auditors, guiding model changes and providing expert judgement to senior Risk Management and Model Development teams.

You will coordinate with a global team, ensuring regulatory alignment, governance, and robust model risk management across ING’s international instantiations.