Senior Model Validator / Financial Risk IRRBB

ING Hubs Poland; Województwo mazowieckie; In loco; PLN 145.000 - 246.000; Tempo pieno

Descrizione del lavoro

ING Hubs Poland in Warsaw is seeking a Model Validator IV to validate models for Market Risk and ALM, aligned with ECB and internal standards. You will join a central risk team ensuring mathematical rigor and regulatory adherence.

The role requires 4+ years in model development or validation, a MSc/PhD in a quantitative field, fluent English, and programming with Python, MATLAB or R. The team emphasizes accuracy and continuous improvement.

Competenze

• At least 4 years of experience in model development or validation in Market Risk/ALM/IRRBB.
• Quantitative degree (MSc/PhD) in a relevant field.
• Fluent English, both written and spoken.
• Programming in Python, MATLAB or R.

Mansioni

• Perform high-quality validations and prepare clear validation reports.
• Collaborate with model developers, senior management and auditors.
• Keep up with ALM/IRRBB/CSRBB developments and improve processes.

Conoscenze

Model development

Model validation

Regulatory knowledge

English proficiency

Python

MATLAB

R

Formazione

MSc or PhD in Econometrics/Quantitative Finance/Math/Stats/Physics

Strumenti

Python

MATLAB

R

Descrizione del lavoro

ING Hubs Poland is hiring! The expected salary for this position: 13 000 – 22 000 PLN

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

We Are Looking For You, If

• You have at least 4 years of experience in model development or model validation in the area of Market Risk, Asset and Liability Management (ALM), Interest Rate Risk in the Banking Book (IRRBB),
• You have knowledge of regulations associated with managing the interest rate risk and model validation,
• You have a quantitative background, (MSc or PhD degree) in e.g. Econometrics, Quantitative Methods, Quantitative Finance, Mathematics, Statistics or Physics,
• You communicate in English fluently, both verbally and in writing,
• You know programming languages: Python, Matlab, R,
• You have a genuine passion for continuously improving.

You'll Get Extra Points For

Professional certifications (e.g. FRM, PRM, CFA).

Your Responsibilities

• Performing (also as a lead) high quality validations and summarizing your conclusions in well-written validation reports that bring value to our stakeholders. You align with e.g. model developers, senior management, auditors, ECB,
• Keeping abreast with the latest ALM / IRRBB / CSRBB developments,
• Contribute to ongoing improvements in validation processes, frameworks, and tooling, including automation initiatives.

Information About The Team

Risk Hub Warsaw was created as a part of central risk team currently located in Amsterdam. We are responsible for validating IRRBB and CSRBB models for banking books used by ING Group worldwide. Our core mandate is to address whether a particular model is fit for its designated purpose, based on mathematical assumptions, appropriate business contexts, academic theories, and empirical evidence, and is properly adherent to regulations, best practices, and the latest technological innovations.

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