ALM Model Developer - Assets

ING Nederland; Amsterdam; Hybrid; EUR 70,000 - 110,000; Full time

Benefits offered by this job

Hybrid working

Pension scheme

13th month salary

8% Holiday payment

Vacation days 25-28

Job summary

ING Nederland is seeking a motivated professional to assist with developing and implementing asset-liability management (ALM) models. You will work on data input, calibration, and scenario analysis while collaborating on behavioural models that capture customer behavior over time.

The role involves sensitivity analysis, stress testing, and reporting for internal stakeholders. Hybrid work is available with a focus on rigorous analytical problem solving.

Qualifications

• Degree in econometrics, mathematics, engineering or physics.
• Willingness to pursue CFA/FRM or holds those qualifications.
• Experience with model development in large financial institutions.
• Hands-on experience with behavioural modelling and pricing of Revolving Credit Facilities.
• Experience with data processing frameworks for behavioural modelling.
• Experience with prepayment modelling and segmentation frameworks.
• Experience with retail and wholesale banking pipeline modelling.
• Experience with model monitoring and backtesting frameworks.
• Proficient in Python, Git, SQL and managing code repositories.

Responsibilities

• Develop, implement and maintain ALM models including data input and calibration.
• Collaborate to develop behavioural models capturing customer behaviour over time.
• Conduct sensitivity analysis and stress testing of ALM models.
• Analyse results to identify risks or opportunities.
• Prepare presentations and reports for internal stakeholders.

Skills

Python

Git

SQL

Education

Quantitative degree (Econometrics/Mathematics/Engineering/Physics)

Tools

Backtesting frameworks

Data processing frameworks

Job description

We're looking for a motivated individual to assist with the development and implementation of asset-liability management (ALM) models.

Responsibilities

• Work on developing, implementing and maintaining ALM models, including data input, model calibration, and scenario analysis.
• Collaborate with the team to develop behavioural models that capture customer behaviour over time.
• Conduct sensitivity analysis and stress testing of the ALM models to assess the impact of various risk factors on the financial projections.
• Analyse the results to identify potential areas of risk or opportunity.
• Prepare presentations and reports for internal stakeholders.

How To Succeed

We are looking for you if you have:

• Quantitative studies such as Econometrics, Mathematics, Engineering & Physics.
• Finished additional professional qualifications in the financial risk field such as CFA, FRM, or the willingness to do so.
• Experience with model development in large financial institutions.
• Demonstrated hands-on experience with behavioural modelling and pricing of Revolving Credit Facilities.
• Demonstrated experience with developing data processing frameworks for behavioural modelling.
• Demonstrated experience with prepayment modelling, including segmentation frameworks.
• Demonstrated experience with retail and wholesale banking pipeline modelling.
• Demonstrated experience with model monitoring and development of backtesting frameworks.
• Demonstrated experience with Python, Git, SQL and complex code repositories.

Additionally, You Should Be

• Proactive and analytical.
• Open and strong in communication.
• Problem solving and determined to finish on time.

Rewards And Benefits

We want to make sure that it’s possible for you to strike the right balance between your career and your private life. Find out more about our employment conditions.

The Benefits Of Working With Us At ING Include

• 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 Us

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Questions?

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