Global Model Validator - IRRBB & ICLAAP

ING Hubs Türkiye; Amsterdam; Hybrid; EUR 90,000 - 135,000; Full time

Benefits offered by this job

Hybrid working

Pension scheme

13th month salary

8% Holiday payment

Learning opportunities

Informal environment

Job summary

ING in Amsterdam is seeking an energetic Model Validator to support the IRRBB & ICLAAP chapter within Model Validation Financial Risk. You will conduct timely model validations aligned with external regulations and present findings to committees and stakeholders.

You bring an MSc/PhD in quantitative fields, strong Python and R skills, and the ability to challenge 1st MLoD while collaborating across chapters and with regulators. The role offers hybrid working and opportunities for growth.

Qualifications

• A MSc or PhD degree in e.g. (Financial) Econometrics, Financial Mathematics, Quantitative Financial Economics, Mathematics, Statistics, Physics etc. combined with significantly relevant professional experience in a comparable role
• Adequate technical and regulatory expertise in quantitative modelling and risk management.
• Solid programming experience (preferably in Python and/or R).
• Attention to detail and commitment to delivering high-quality work.
• Excellent verbal and written communication skills, with the ability to explain complex quantitative and regulatory topics clearly and convincingly to a broad range of stakeholders, including senior management, auditors and regulators.
• Ability to challenge 1st MLoD on their Model Risk and to manage multiple priorities in a fast-changing environment.
• Continuous improvement mindset and openness to innovation.

Responsibilities

• Conduct timely, high-quality model validations in line with external regulations, internal policies, and model 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 to internal stakeholders 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 (Model Development, Risk Management, Audit) and assist with external stakeholder management (regulators, auditors).
• Contribute to continuous improvement by suggesting enhancements to validation processes and frameworks.

Skills

Python

R

Quantitative analysis

Regulatory knowledge

Education

MSc or PhD in quantitative field

Tools

MATLAB

SQL

Job description

ING in Amsterdam is seeking an energetic Model Validator to support the IRRBB & ICLAAP chapter within Model Validation Financial Risk. You will conduct timely model validations aligned with external regulations and present findings to committees and stakeholders.

You bring an MSc/PhD in quantitative fields, strong Python and R skills, and the ability to challenge 1st MLoD while collaborating across chapters and with regulators. The role offers hybrid working and opportunities for growth.