Global Model Validator: IRRBB & ICLAAP

ing; Amsterdam; On-site; EUR 90,000 - 130,000; Full time

Job summary

ING is seeking an energetic Model Validator to support the Chapter IRRBB & ICLAAP within Model Validation Financial Risk in Amsterdam. You will safeguard the quality of ING's models and validate IRRBB & ICLAAP models used across ~40 countries, spanning technically advanced and judgement-based approaches.

As part of a cross‑domain framework, you will challenge model risk, prepare comprehensive validation reports, and contribute to automation and innovative validation methods.

Qualifications

• MSc or PhD in (Financial) Econometrics, Financial Mathematics, Quantitative Financial Economics, Mathematics, Statistics, Physics or similar with relevant experience.
• Solid programming experience with Python and/or R.
• Excellent communication skills to explain complex topics to diverse stakeholders.

Responsibilities

• Conduct timely, high-quality model validations in line with external regulations and internal policies.
• Challenge 1st MLoD on their level of model risk.
• Prepare validation reports and present findings to committees and stakeholders.
• Participate in thematic reviews and provide expert advice on model risk issues.
• Support development and implementation of innovative validation frameworks and automation initiatives.
• Collaborate with colleagues across chapters/locations to ensure consistency and share best practices.
• Maintain constructive relationships with internal teams and external regulators/auditors.
• Contribute to continuous improvement of validation processes and frameworks.

Skills

Python

R

Communication skills

Attention to detail

Stakeholder management

Education

MSc or PhD in quantitative field

Job description

ING is seeking an energetic Model Validator to support the Chapter IRRBB & ICLAAP within Model Validation Financial Risk in Amsterdam. You will safeguard the quality of ING's models and validate IRRBB & ICLAAP models used across ~40 countries, spanning technically advanced and judgement-based approaches.

As part of a cross‑domain framework, you will challenge model risk, prepare comprehensive validation reports, and contribute to automation and innovative validation methods.