sharing the costs of sports activities
Market Risk Model Validation Expert (ALM / IRRBB)
ING Tech Poland
- Zajęcza 4, WarszawaWarszawa, Masovian
- offer expired 2 months ago
- contract of employment
- remote recruitment
Performing 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.
Taking responsibility for the quality of end-deliverables of other chapter members of the projects you supervise (e.g. validations, policy work).
Keeping abreast with the latest IRRBB/ALM developments and visiting/presenting at conferences.
(Pro-actively) sharing your knowledge with other team members.
Joining the Tribe & Chapter Leads to model approval committees, audits & onsite ECB inspections, where you present validation reports.
Setting & improving on our validation standards/frameworks/coding libraries etc.
As a recognized expert in your field of expertise, you advise on a strategic level. Building bridges with the business, aiming to further understand the model (context), use and therewith enhance our added value (while maintaining MV’s independence).
You have at least 5-8 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 practical knowledge as well as understanding 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 high quality standards, you are organised & persuasive.
You have a genuine passion for continuously improving yourself and your team.
Experience in Agile.
Experience in knowledge sharing with younger team members.
Experience with adequate, effective stakeholder management, as well as auditors, regulators and onsite inspections.
Certificates: FRM, PRM, CQF or BTRM.
What we offer
A position where you will be empowered to have a true impact on ING’s future model landscape and contribute to further implementing our innovative Think Forward strategy.
An exposure to world-class models in the area of IRRBB/ALM.
A competitive salary tailored to your skills, competences, experience and performance.
A flexible work environment, with the possibility of working from home.
Time and support for personal development, including courses.
An innovative, expanding working environment, also internationally, creating ample opportunities for further development.
A progressive way of working according to the Agile method, so that new ideas come to life incrementally.
private medical care
sharing the costs of foreign language classes
sharing the costs of professional training & courses
video games at work
parking space for employees
ING Tech Poland
Join the best ALM / IRRBB validation team in Poland, where you will have a possibility to explore and challenge top-notch models and work with world-class experts in the field. We specialize in modelling the interest rate risk in the banking book such as behavioral, interest rates, valuation, replication/hedging and risk measurement models.
Information about the squad:
The IRRBB Model Validation chapter is currently expanding to its target size of 10 members.
The chapter is located in Warsaw and will work closely with the headquarter in Amsterdam.
The chapter is part of ING’s global Model Risk Management domain (MoRM), which consists of multiple Model Validation teams (i.e. “chapters”, each focusing on a main risk area(s)) and Model Risk Oversight, located both in Amsterdam and Warsaw.
ING is a global and highly innovative market player and IRRBB Model Validation is a Global function across two location responsible for validating Global models.