Global Model Validator — IRRBB & ICLAAP

ING Nederland; Amsterdam; Hybrid; EUR 90,000 - 130,000; Full time

Benefits offered by this job

25-28 vacation days depending on contr

Pension scheme

13th month salary

8% Holiday payment

Hybrid working

Personal growth and challenging work

An informal working environment with创新

Job summary

ING Nederland is seeking an energetic and hands-on Model Validator to support the Chapter IRRBB & ICLAAP within Model Validation Financial Risk in Amsterdam. You will safeguard model quality across diverse quantitative models and collaborate with global teams.

Ideal candidates hold a MSc/PhD in a quantitative field with strong regulatory know-how, programming in Python/R, and excellent communication to interact with senior management and regulators.

Qualifications

• MSc or PhD in quantitative field; strong theoretical background.
• Adequate technical and regulatory expertise in quantitative modelling and risk management.
• Solid programming experience in Python and/or R.
• Excellent verbal and written communication with stakeholders.

Responsibilities

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

Skills

Quantitative background

Programming (Python/R)

Communication skills

Attention to detail

Agile working

Education

MSc or PhD in quantitative field (e.g., Econometrics, Mathematics, Physics)

Tools

Python

R

Job description

ING Nederland is seeking an energetic and hands-on Model Validator to support the Chapter IRRBB & ICLAAP within Model Validation Financial Risk in Amsterdam. You will safeguard model quality across diverse quantitative models and collaborate with global teams.

Ideal candidates hold a MSc/PhD in a quantitative field with strong regulatory know-how, programming in Python/R, and excellent communication to interact with senior management and regulators.