Global Risk Model Validator — Hybrid & Impactful

ING; Amsterdam; Hybrid; EUR 80,000 - 120,000; Full time

Benefits offered by this job

Hybrid working

Pension scheme

13th month salary

8% Holiday payment

25-28 vacation days

Job summary

ING is looking for an enthusiastic Risk Professional to join the Credit Risk Model Validation Team within Model Risk Management. You will validate risk models used globally and assess fit for purpose, reporting to stakeholders.

In this international environment you will challenge methodologies, document findings, and contribute to continuous improvement of validation frameworks while collaborating with model developers and owners.

Responsibilities

• Conduct independent model validations and assess model performance and model risk.
• Challenge models, methodologies, assumptions, and risk classifications.
• Identify model weaknesses, formulate findings, and propose actionable recommendations.
• Prepare comprehensive validation reports and present conclusions to stakeholders.
• Independently challenge the 1st Line of Defense regarding model risk matters.
• Provide expert advice on model risk topics and participate in thematic reviews.
• Guide and coach more junior validators during assessments.
• Contribute to continuous improvement of validation frameworks, processes, and tooling.
• Build and maintain effective relationships with model developers, model owners, auditors, and regulators.
• Evaluate business impact and dependencies when assessing model-related solutions and changes.

Job description

ING is looking for an enthusiastic Risk Professional to join the Credit Risk Model Validation Team within Model Risk Management. You will validate risk models used globally and assess fit for purpose, reporting to stakeholders.

In this international environment you will challenge methodologies, document findings, and contribute to continuous improvement of validation frameworks while collaborating with model developers and owners.