Risk Model Oversight Expert - Jobbird.com

Jobster; Amsterdam; Hybrid; EUR 120,000 - 190,000; Full time

Benefits offered by this job

25-28 vacation days

Pension scheme

13th month salary

8% Holiday payment

Hybrid working

Personal growth

Job summary

ING is seeking a group‑level expert to oversee regulatory credit risk model changes (IRB and IFRS9) and provide independent technical judgement on risk, methodology and supervisory expectations. You will advise senior Risk Management and Model Development teams and coordinate with the ECB and external auditors.

You will join an international team that guides model strategy, ensures alignment with Group standards, and leads on-site inspections and model investigations at Group level.

Qualifications

• Master’s degree and 6–12 years of experience in credit risk modelling, supervision or closely related fields.
• Broad hands‑on expertise in credit risk modelling, covering IRB and IFRS9 frameworks and policy implications.
• Understanding of the full regulatory credit risk model lifecycle and governance.
• Knowledge of capital requirements regulation and model risk frameworks with sound judgement.
• Strong quantitative and statistical capability with supervisory insight.
• Clear, confident communication with senior stakeholders and supervisory authorities.

Responsibilities

• Oversee changes to regulatory credit risk models at Group level, advising and challenging Risk Management and Model Development teams.
• Perform QA reviews of IMIs and on‑site inspections, coordinating submissions, presentations and Q&As.
• Manage internal and external stakeholders globally, including the ECB and external auditors.
• Represent ING in IMIs, on‑site inspections and regulatory discussions related to credit risk models.

Skills

Credit risk modelling

IRB & IFRS9 knowledge

Regulatory policy understanding

Quantitative judgement

Stakeholder communication

Education

Master's degree

Job description

Group‑level expert role at ING with oversight of regulatory credit risk models, including IRB and IFRS9. The role covers oversight of model changes, On‑Site Inspections and Internal Model Investigations, with direct interaction with the ECB and external auditors.

You will support, advise and challenge senior Risk Management and Model Development teams, exercising independent technical judgement on model risk, methodology and supervisory expectations.

The Team

The team is ING’s center of expertise for regulatory credit risk models and on‑site inspections, providing Group‑level oversight of credit risk model strategy across global and local IRB and IFRS9 models. It coordinates local model development activities across ING, ensuring alignment with Group methodological standards and regulatory requirements.

The team leads on‑site inspections and model investigations, supports senior internal stakeholders with deep subject‑matter expertise, and coordinates technical engagement with the ECB and external auditors.

You will join an experienced international team with diverse backgrounds in credit risk modelling and supervision, working collaboratively on complex regulatory and modelling challenges at Group level.

Roles And Responsibilities

Senior content‑driven expert responsible for Group‑level oversight of regulatory credit risk model changes, supporting, advising and challenging senior Risk Management and Model Development teams on IRB and IFRS9 models, while exercising independent technical judgement on model risk, methodology and supervisory expectations.

Specific Tasks And Responsibilities

• Oversee changes to regulatory credit risk models and rating systems at Group level, acting as both advisor and controller.
• Perform advisory and quality‑assurance reviews of IMIs and on‑site inspections, including coordination of supervisory submissions, presentations and Q&As.
• Manage senior internal stakeholders across the end‑to‑end credit risk model lifecycle globally, as well as external stakeholders, in particular the ECB and external auditors.
• Represent ING in IMIs, on‑site inspections and regulatory discussions related to credit risk models.

Specific Knowledge And Experience

• Background: You bring a Master’s degree and 6–12 years of experience in credit risk modelling, supervision or closely related fields.
• Credit Risk Modelling: You have broad, hands‑on expertise in credit risk modelling, combining strong statistical depth with practical understanding of IRB and IFRS 9 frameworks, policy implications and regulatory context.
• End‑to‑End Perspective: You understand the full regulatory credit risk model lifecycle and are able to identify, assess and manage model risk at Group level.
• Regulation & Policy: You apply capital requirements regulation, credit risk policies and model risk frameworks with sound judgement, translating regulatory requirements into defensible modelling and governance decisions.
• Quantitative Judgement: You demonstrate strong command of quantitative and statistical concepts relevant to credit risk models, and can critically assess analyses with a clear supervisory and materiality lens.
• Communication: You communicate technical positions clearly and precisely, engage confidently with senior stakeholders and supervisory authorities, and contribute pragmatically to the development of policies and methodologies.

Rewards And Benefits

We want to make sure that it’s possible for you to strike the right balance between your career and your private life. Find out more about our employment conditions.

The benefits of working with us at ING include:

• 25-28 vacation days depending on contract
• Pension scheme
• 13th month salary
• 8% Holiday payment
• Hybrid working
• Personal growth and challenging work with endless possibilities
• An informal working environment with innovative colleagues

About Us

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