Junior IRRBB Modelling Specialist

ING Hubs B.V. sp. z o.o. Oddział w Polsce; Warszawa; On-site; PLN 68,000 - 140,000; Full time

Job summary

ING Hubs Türkiye in Warsaw is seeking a motivated quantitative modeller to join the Bank-wide Market and Operational Risk Models team. You will learn how models move from an analytical idea through development, testing, review and ultimately into use across the bank.

The role focuses on contributing to model design, coding and testing, participating in model submissions and internal reviews, and building analytical tools to better understand and manage financial risks within a global bank.

Qualifications

• An academic degree or being in the final year of a Master's programme in econometrics, quantitative finance, mathematics, physics, statistics, computer science, or a related quantitative field
• An interest in quantitative modelling in the banking industry
• Strong statistical, quantitative, and problem-solving skills
• Experience with or knowledge of Python or another programming language

Responsibilities

• You will work alongside experienced quantitative modellers and learn how models move from an analytical idea through development, testing, review, and ultimately into use across the bank.
• You will: contribute to model design, coding, and testing participate in model submissions and internal reviews build analytical tools to better understand and manage financial risks

Skills

Quantitative modelling

Python knowledge

Statistical skills

Problem solving

Education

Master's degree in econometrics or related field

Tools

Databases

Data modelling

Data quality control

Job description

The expected salary for this position: 6100 - 12 500 PLN gross. The financial ranges specified in the announcement are adjusted and may differ from the range specified in the remuneration regulations.

We are looking for a new team member to join our Bank-wide Market and Operational Risk Models team.

Qualifications

• an academic degree or being in the final year of a Master's programme in econometrics, quantitative finance, mathematics, physics, statistics, computer science, or a related quantitative field
• an interest in quantitative modelling in the banking industry
• strong statistical, quantitative, and problem-solving skills
• experience with or knowledge of Python or another programming language

Additional Advantages

• knowledge of or interest in IRRBB modelling topics such as behavioural modelling, replication portfolios, earnings-at-risk and valuation frameworks
• experience with databases, data modelling, data preparation, and data quality control

Responsibilities

• You will work alongside experienced quantitative modellers and learn how models move from an analytical idea through development, testing, review, and ultimately into use across the bank.
• You will: contribute to model design, coding, and testing participate in model submissions and internal reviews build analytical tools to better understand and manage financial risks

Information about the team:

The Mar&Ops Model department is an international team of highly qualified professionals specializing in the development and management of market and operational risk models. Our ALM models are an important part of ING's risk management framework and include behavioural models (e.g. prepayment), replication and hedging models, and stress-testing models and techniques. They are used by local Risk Management units across ING, as well as by the Group Risk function.

Our team works closely with colleagues in Amsterdam to develop financial risk models used across the ING Group.

The role naming convention in the global ING job architecture will be "Model Developer I". We're a global bank with a strong European base, and our more than 60,000 colleagues serve around 38 million customers and corporate clients in over 40 countries.

Joining ING means working with friendly and collaborative people towards making a positive impact on people and planet. We believe in empowering the people around us and our customers to stay a step ahead. Working here means having the autonomy to drive progress, helping to create superior customer value and contributing to our ambition of putting sustainability at the heart of everything we do. Here, we're more than just a workplace – we're a community of innovators, problem-solvers, and forward-thinkers, dedicated to making a real impact. Whether you're just starting your career or seeking the next big challenge, we have opportunities that will inspire and push you to grow.