ALM Model Developer - Assets

ing; Amsterdam; Hybrid; EUR 70,000 - 100,000; Full time

Benefits offered by this job

Hybrid working

Pension scheme

13th month salary

8% Holiday payment

Job summary

ING is seeking a motivated analytics professional to assist with development and implementation of asset-liability management models in Amsterdam. You will input data, calibrate models and run scenario analyses.

The role requires expertise in behavioural modelling, data processing, prepayment and RBI modelling, as well as experience with Python, SQL and Git. Hybdrid working and strong communication are valued.

Qualifications

• Quantitative studies in Econometrics, Mathematics, Engineering or Physics.
• Willingness to pursue CFA/FRM or holding these qualifications.
• Experience with model development in large financial institutions.
• Hands-on experience with behavioural modelling and pricing of Revolving Credit Facilities.
• Experience with developing 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.
• Proficiency in Python, Git and SQL, with managing large code repositories.

Responsibilities

• Develop, implement and maintain ALM models including data input, model calibration, and scenario analysis.
• Collaborate to develop behavioural models that capture customer behaviour over time.
• Conduct sensitivity analysis and stress testing of ALM models for risk factors impact.
• Analyse results to identify potential risk or opportunity.
• Prepare presentations and reports for internal stakeholders.

Skills

Quantitative studies

Behavioural modelling

Python

Git

SQL

Data processing frameworks

Education

Econometrics

Mathematics

Engineering & Physics

Tools

Revolving Credit Facilities pricing

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

Curious about how ING empowers people and businesses to move forward? Discover what we do and what we can offer you.

Questions?

Please visit our Frequently Asked Questions section to find some answers on questions you might have.