Credit Risk Model Developer (Multiple Seniority Levels)

Details

ING Hubs Poland is hiring for a Credit Risk Model Developer role within the Retail Credit Risk Model Development team.

The expected salary for this position is 7,100–28,000 PLN gross per month. The financial ranges specified in the announcement are adjusted and may differ from the range specified in the remuneration regulations.

At ING, employees are valued and supported before external talent is recruited. Internal candidates are encouraged to apply if this vacancy represents the right next step in their ING career.

Responsibilities

Depending on your seniority level, you will:

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

Requirements

• 3+ years of experience and an interest in quantitative risk modelling and credit risk management.
• Academic or professional experience in statistics, econometrics, data science, or financial engineering.
• Familiarity with regulatory frameworks such as Basel, including AIRB, and IFRS9, or willingness to learn and develop in this area.
• Experience or interest in working with large datasets.
• Programming skills in SAS, Python, or R.
• Ability to communicate clearly, document thoroughly, and collaborate in agile squads.
• Ability to work effectively in diverse, cross-functional, and international teams.

Additional experience and qualifications include:

• Hands-on experience developing, monitoring, or validating AIRB or IFRS9 models.
• Knowledge of banking portfolios, including retail, corporate, and SME portfolios, and the credit risk model lifecycle.
• Familiarity with regulatory expectations from the ECB, EBA, or local supervisors.
• Strong communication skills and the ability to explain complex concepts to non-technical stakeholders.
• Professional certifications such as FRM, PRM, or CFA.

Team

The Retail Credit Risk Model Development team is a center 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. The role offers opportunities to work on international projects, gain exposure to diverse asset classes and model types, and specialize in specific portfolios.

The team works closely with business units, model validation, and regulatory affairs to ensure that models are robust, compliant, and fit for purpose. The role naming convention in the global ING job architecture is Model Developer II, III, IV, or V.