Credit Risk Model Developer Expert

ING Hubs Poland; Warszawa; On-site; PLN 145,080 - 245,520; Full time

Job summary

ING Hubs Poland is seeking a Model Developer IV to join our Credit Risk Model Development team in Warsaw. The role focuses on developing robust credit risk models for regulatory compliance, working with various stakeholders throughout the model life cycle.

Applicants should hold an MSc in a quantitative field and possess extensive experience in IFRS9/IRB models, statistical analysis, and programming skills in Python or SAS. Join a global team of over 400 experts and make a significant impact in credit risk management.

Qualifications

• At least 5 years of experience in development of IFRS9/IRB models.
• Sound knowledge of credit risk policies and regulatory frameworks.
• Ability to analyze key information and provide solutions.

Responsibilities

• Develop PD, EAD, LGD IRB/IFRS9 models in Retail/Wholesale bank.
• Collaborate with stakeholders and internal Model Validation Unit.
• Participate in model implementation and validation processes.

Skills

Statistical inference

Econometric methods

IRB and IFRS 9 models

Python

SAS

Data quality control

Advanced statistical techniques

Version control systems (GIT)

Education

MSc in mathematics, econometrics, statistics

Professional certification (FRM/PRM/CFA/CQF)

Job description

Salary

The expected salary for this position: 13 000 - 22 000 PLN gross

The financial ranges specified in the announcement are adjusted and may differ from the range specified in the remuneration regulations.

Qualifications

• Have MSc in mathematics, econometrics, statistics or a similar quantitative field
• Have sound knowledge of statistical inference and econometric methods
• Have extensive knowledge of IRB and IFRS 9 models
• Good understanding and interpretation of regulatory credit risk policies, attention to detail and accuracy
• Have at least 5 years of experience with: development IFRS9/IRB models, with programming (e.g. Python, SAS), databases, data modelling, data preparation and data quality control
• Have an ability to clearly and succinctly express ideas, facts and opinions
• Have an ability to identify problems, analyzing key information and making connections, in order to find appropriate solutions
• Complete tasks and achieves results in an efficient, timely and high-quality manner, with a focus on execution and delivery of targets and KPIs
• Experience in being a sparring partner/advisor to Senior Management
• Knowledge of and experience with advanced statistical techniques
• Knowledge of AIRB/IFRS9 regulations
• Familiarity with version control systems (e.g. GIT)
• Professional certification FRM/PRM/CFA or CQF
• Experience with databases, data preparation and data quality control

Responsibilities

• Development of PD, EAD, LGD IRB / IFRS9 models in Retail / Wholesalebank
• Be part of credit risk models life cycle: data sourcing, model development and annual monitoring, model implementation and support model validation and audit reviews (internal and external).
• Share knowledge and expertise
• Collaborate with internal Model Validation Unit during model development, model monitoring and review processes
• Interact with stakeholders

Team Information

Credit Risk Model Development is an international, global team (more than 400 risk experts) located in different locations in Europe (e.g., Amsterdam, Milan, Warsaw). The key responsibility is development of robust credit risk models firmly embedded in the regulatory environment.

The role naming convention in the global ING job architecture will be "Model Developer IV".