Credit Risk Model Developer Expert

at ING

📍 Warsaw, Poland

PLN 156,000-264,000 per year

SENIOR

✅ On-site

✅ Visa Sponsorship

Tech Stack
Tag name is followed by "@" symbol and proficiency level value. About proficiency levels:

1-2 — basic awareness. Minimal hands-on experience, and a rudimentary understanding of the technology's purpose;

3-6 — daily use. Comfortable and regular usage, capable of handling common tasks and challenges related to the technology;

7-9 — you are an expert, you can teach others, you know all the pitfalls and tricks;

10 — exceptional knowledge, comprehensive understanding, and adeptness in all aspects of the technology, including advanced problem-solving. Think twice before claiming or demanding such level.

Audit Git @ 3 IFRS @ 4 Mathematics @ 6 Python @ 6 Statistics @ 6

Details

ING Hubs Poland is hiring!

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.

Responsibilities

Development of PD, EAD, LGD IRB / IFRS9 models in Retail / Wholesale bank.
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.
Write reports / model documentation.

Requirements

MSc in mathematics, econometrics, statistics or a similar quantitative field.
Sound knowledge of statistical inference and econometric methods.
Extensive knowledge of IRB and IFRS 9 models.
Good understanding and interpretation of regulatory credit risk policies, attention to detail and accuracy.
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.
Ability to clearly and succinctly express ideas, facts and opinions.
Ability to identify problems, analyze key information and make connections, in order to find appropriate solutions.
Complete tasks and achieve results in an efficient, timely and high-quality manner, with a focus on execution and delivery of targets and KPIs.
English level - C1.

Youll get extra points for:

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.

Information about the team

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".