Credit Risk Model Developer (multiple seniority levels)

ING Hubs B.V. sp. z o.o. Oddział w Polsce; Warszawa; On-site; PLN 79,236 - 312,480; Full time

Job summary

ING Hubs B.V. sp. z o.o. Oddział w Polsce is looking for a quantitative risk specialist to join their Retail Credit Risk Model Development team in Warsaw. This position involves contributing to model design and testing, leading model monitoring, and engaging with senior stakeholders to ensure regulatory compliance.

The role is largely remote (up to 75%) and offers exposure to international projects and diverse asset classes. Ideal candidates should have strong analytical skills, communication abilities, and a passion for continuous learning.

Benefits include aligned remote policies with company standards, fostering diverse and inclusive workplace culture.

Qualifications

• 3+ years experience in quantitative risk modelling.
• Academic or professional experience in statistics, econometrics, data science or financial engineering.
• Familiarity with regulatory frameworks such as Basel (AIRB) and IFRS9.
• Proficiency in SAS, Python or R and experience with large datasets.
• Strong communication, documentation and collaborative skills in an agile environment.

Responsibilities

• Contribute to model design, coding and testing; participate in regulatory submissions.
• Lead monitoring of AIRB/IFRS9 models and coordinate with validation and audit teams.
• Lead development of AIRB/IFRS9 models and mentor junior staff.
• Lead complex projects and engage with senior stakeholders.

Job description

Salary

Expected salary: 7100 - 28 000 PLN (ranges may differ from remuneration regulations).

Requirements

• +3 years experience in quantitative risk modelling.
• Academic or professional experience in statistics, econometrics, data science or financial engineering.
• Familiarity with regulatory frameworks such as Basel (AIRB) and IFRS9.
• Proficiency in SAS, Python or R and experience with large datasets.
• Strong communication, documentation and collaborative skills in an agile environment.
• Experience or willingness to learn about regulatory expectations from ECB, EBA, and local supervisors.
• Professional certifications such as FRM, PRM or CFA (bonus).

Desired Qualifications (Extra Points)

• Hands‑on experience developing, monitoring or validating AIRB or IFRS9 models.
• Knowledge of banking portfolios (retail, corporate, SME) and the credit risk model lifecycle.
• Strong communication skills and ability to explain complex concepts to non‑technical stakeholders.

Responsibilities

• Specialists: contribute to model design, coding and testing; participate in regulatory submissions and internal reviews.
• Senior Specialist: lead monitoring of AIRB/IFRS9 models; develop model parameters; coordinate with validation and audit teams; ensure regulatory compliance.
• Experts: lead development of AIRB/IFRS9 models; mentor junior staff; represent team in regulatory discussions.
• Senior Experts: lead complex projects; engage with senior stakeholders across risk, finance and compliance.

Team & Environment

The Retail Credit Risk Model Development team is a centre of expertise within ING Group, responsible for developing, enhancing and monitoring regulatory and accounting models across multiple jurisdictions and portfolios. The team is transitioning from a project‑based setup to a portfolio‑oriented structure, enabling close collaboration with local entities across the Group.

Work is largely remote (up to 75%) with the option to join the Warsaw office.

The role offers opportunities to work on international projects, gain exposure to diverse asset classes, and specialize in specific portfolios, impacting the broader risk management function.

We value diversity, curiosity and continuous learning and support career growth for all experience levels.

Benefits and remote policy are aligned with company standards (not detailed here).