Model Validator – IRRBB & ICLAAP Specialist (4-Month)

ING; Amsterdam; On-site; EUR 55,000 - 90,000; Full time

Job summary

ING in Amsterdam seeks an energetic, collaborative Model Validator for a 4-month short-term assignment within Model Validation Financial Risk. The role focuses on validating Economic Capital models and requires strong quantitative background with relevant experience in risk modelling and regulatory frameworks.

You will conduct validations, challenge risk metrics, prepare reports, and present findings to committees while coordinating with various teams to ensure consistency across locations and

Qualifications

• MSc or PhD in a quantitative field with relevant experience in model validation.
• Adequate technical and regulatory expertise in quantitative modelling and risk management.
• Excellent attention to detail and commitment to high-quality work.
• Strong verbal and written communication; able to explain complex topics to diverse stakeholders.
• Ability to challenge 1st MLoD on model risk and manage multiple priorities.

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.
• Collaborate across chapters and locations to ensure consistency and share best practices.
• Maintain constructive relationships with internal teams and external regulators/auditors.

Skills

Quantitative background

Regulatory modelling expertise

Attention to detail

Strong communication

Education

MSc or PhD in Econometrics/Financial Mathematics/Quantitative Finance/Mathematics/Statistics/Physics

Tools

Model Validation Frameworks

Job description

ING in Amsterdam seeks an energetic, collaborative Model Validator for a 4-month short-term assignment within Model Validation Financial Risk. The role focuses on validating Economic Capital models and requires strong quantitative background with relevant experience in risk modelling and regulatory frameworks.

You will conduct validations, challenge risk metrics, prepare reports, and present findings to committees while coordinating with various teams to ensure consistency across locations and