At ING we are looking for a Credit Risk Model Developer
Your role and work environment:
We are looking for a talented and enthusiastic
Credit Risk Model Developer
to join our
Retail Credit Risk
Team
within
ING Risk Domain.
The responsibility of the Retail Credit Risk team is to oversight the risk in the Spanish Retail Lending portfolio during the whole credit lifecycle, and our way of working is 100% flexible, in small subject-expert areas, and with a continuous interaction with international teams.
Your key responsibilities:
As a Credit Risk Model Developer expert you will:
Develop EAD, PD, LGD IRB and IFRS9 models for ING Spain retail portfolios of Mortgages and Consumer Lending, ensuring that all modelling activities align with regulatory expectations, internal governance standards, and business objectives.
You will be involved in the credit risk models life cycle: data sourcing, model development, model documentation and support model validation, audit reviews (internal and external) and model implementation.
You will play a critical role in the development of models, driving innovation in modelling practices.
ING Spain is developing locally this new capability, responsible for regulatory model development end-to-end, you will have the chance to build the success of the team, with the support of other colleagues, ING Group in Amsterdam and the Risk Hub center of expertise in Poland. ING is going through a growth phase in Spain, and models play a key role to support the growth. You will be one of the key factors in making that happen.
What are we looking for?
Want to know if this job is made for you? These are some of the qualities that we value the most for this role. And if the shoe fits… don't hesitate to apply
* Bachelor's degree or equivalent in Economics, Statistics, Maths or similar quantitative field.
* +2-5 years of quantitative Risk models development experience.
* Excellent knowledge of statistics and/or mathematics, as well as programming in SAS and SQL. Knowledge of databases, data preparation, data modelling and data quality controls.
* Have extensive knowledge of IRB and IFRS 9 models. Good understanding and interpretation of regulatory credit risk policies, attention to detail and accuracy.
* Have an ability to identify problems, analyze key information and make connections, in order to find pragmatic and feasible solutions.
* We will also value knowledge and experience in a) machine learning techniques, b) programming in Python, c) in other types of risk models (e.g. credit decision models for acceptance, prepayment models) and d) experience in being a sparring partner/advisor to Senior Management.
* Fluent English and Spanish language skills.
* Availability for occasional travels to attend training or meetings in other ING locations.
What do we offer?
The time you spend at work, the challenges you face or the lessons you get are very important, but… What about your personal life? At ING we want your work to fulfill you in every way, and that is why we take care of even the smallest details.
Check out what is waiting for you
Be flexible my friend.
Our model is all about flexibility and accountability. Keeping both our customers and our colleagues' needs in mind, you determine together which days you work at home and which you come to ING MAD to offer your best self. Do your thing.
Restaurant card.
So that thinking about what to have for lunch doesn't take up your time or your cravings.
Our house will be your home.
In our offices you can find electric mobility solutions, doctor, hairdresser, gym, The Good Service (to help you with your errands) and much more
Health insurance.
For you and all your family (spouse/partner and children).
Life insurance.
We help you protect what matters most to you.
Flexible remuneration.
In addition, you will enjoy our flexible remuneration model, through a more tax-advantaged way, you will be able to access other services such as nursery, transport card, training aids…
Free company shuttle.
It doesn't matter where you live. We have 6 routes (North, Central, South, A5, A42 and A6) to get you to our ING office in Madrid comfortably.
Banking benefits.
Special loans with more beneficial conditions.
Special mortgage conditions after 6 months working at the bank.
And you can benefit from our pension plan after 1 month with us
More vitality and more belonging
360º care of the employee (physical, mental, social connection & purpose).
Physiotherapy service on site.
Clinics with professional, world-class athletes.
Gympass service.
Employee Networks: Rainbow Lions (LGBTQI+), Leonas & RIÑG.
International Remote work program.
Get to know Us
We are a team of more than 1700 people sharing one idea:
doing our bit in helping our clients create a better future for themselves
, by providing them with the tools they need to get where they want to go.
A
fully online bank
where technology, innovation, simplicity and transparency are the main ingredients, and the first one to work with
agile methodologies
.
And although we are based in Spain, we
are lucky to work in an international bank with presence in more than 40 countries.
We are proud to have a diverse team, and we are committed to continue developing a culture of
Diversity, Inclusion and Belonging
to foster a culture of
collaboration and innovation
that represents all collectives in the society.
And even though we look orange on the outside,
we are green on the inside
. Our ambition in Sustainability is
Empowering (y)our Sustainability journey
. We are embarking on our path, for us, but we are also there for when our clients decide to embark on this journey.
Making things happen, helping others be successful, always being one step ahead—that's our DNA.
If you look at yourself in the mirror and your reflection matches our way of being and working…we are looking forward to meeting you