Risk Model Strategy & Monitoring Specialist

ING Hubs Romania; Amsterdam; Hybrid; EUR 110,000 - 160,000; Full time

Benefits offered by this job

Pension scheme

Hybrid working

13th month salary

Job summary

ING is seeking a Risk Model Strategy Expert within Integrated Risk Oversight to drive group-wide IRB and IFRS 9 modelling strategy and governance.

The role combines deep technical expertise with regulatory judgement, offering direct exposure to senior decision-makers and a clear line of sight to balance-sheet dynamics across ING's global organisation.

You will lead model strategy, governance, and monitoring, engaging stakeholders and translating complex risk dynamics into actionable insights.

Qualifications

• Master's degree in a relevant field.
• 10+ years in credit risk modelling or related areas.
• Experience with IRB and IFRS 9 models and regulatory frameworks.
• Strong communication with senior stakeholders.

Responsibilities

• Define and evolve Group-wide IRB/IFRS 9 model strategy.
• Advise on use of credit risk models in portfolios and capital.
• Develop advanced model monitoring and forward-looking testing.
• Assess group-level model risks and capital adequacy.
• Translate model dynamics into concise insights for management.
• Engage senior stakeholders across the model lifecycle.

Skills

Credit risk modelling

Model risk management

Policy development

Stakeholder communication

IRB IFRS9 models

Education

Master's degree

Job description

Integrated Risk (IR) provides a Group-wide view of ING's risk profile, connecting governance, methodologies and risk insights to support senior and board-level decision-making. Within IR, Integrated Risk Oversight (IRO) focuses on oversight of credit risk models (IRB and IFRS9).

The Team

Within IRO, the Model Strategy & Monitoring team steers the regulatory model strategy, ensures that group-wide modelling and monitoring methodologies, model life cycle governance and frameworks remain robust and forward-looking, and oversees & controls model use across ING's global organisation.

As part of this team, the Risk Model Strategy Expert combines deep technical expertise with regulatory judgement and strategic insight. The role provides direct exposure to senior decision-makers and a clear line of sight to balance-sheet and capital steering topics.

What you will do

• Define and evolve the Group-wide strategy for IRB and IFRS 9 models, including regulatory approach, model methodologies and governance.
• Provide authoritative challenge and advice on the use of credit risk models in managing portfolios, capital and balance-sheet dynamics.
• Drive the evolution of model monitoring, focusing on effective decision-making, forward-looking testing approaches and adoption of modern technologies to create actionable insights.
• Identify and assess model risks with a group-level perspective, ensuring that credit risk remains adequately capitalised.
• Translate complex model and risk dynamics into concise, decision-ready insights for senior management.
• Engage senior stakeholders across the end-to-end credit risk model lifecycle.

What you bring

• Master's degree (or equivalent) in a relevant field
• 10+ years of relevant experience across credit risk modelling, model risk management, policy development or supervision.
• Broad expertise across IRB and IFRS 9 models, quantitative methods and regulatory frameworks.
• Ability to operate confidently at both technical and strategic level, with track record of turning analysis into structural solutions.
• Strong judgement, credibility and communication skills when engaging senior stakeholders on complex topics.

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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