Wholesale Banking Credit Risk Modelling Expert

1 mese fa


Milano, Lombardia, Italia ING A tempo pieno
Role Overview

ING Italy is seeking a skilled Wholesale Banking Credit Risk Modelling Expert to join its team. This permanent position is based in Milan.

About the Job

This role involves developing and maintaining models for measuring and managing credit risk for Wholesale portfolios. You will work closely with the WB Credit Risk Model Development department to create and calibrate credit risk models that cover all products and geographical regions in the ING Bank portfolio.

Main Responsibilities
  • Develop and maintain credit risk models using state-of-the-art modelling methods, tooling, and data-processing technologies.
  • Collaborate with regulators to design, implement, and submit changes to credit risk models.
  • Take responsibility for developing, calibrating, and improving existing credit risk models.
Requirements
  • An academic degree in econometrics, physics, statistics, or mathematics (MSc or PhD).
  • Good knowledge of Basel and IFRS 9 models, and experience in developing expert-based or statistical credit risk models.
  • At least 4 years of relevant experience in developing and monitoring regulatory Wholesale Banking Credit Risk Models.
  • Extensive experience in using data modelling software/ coding languages (C++, Java, Python, R, SAS).
  • Strong analytical, problem-solving, communication, and execution skills.
  • Fluent in English.
What We Offer
  • A competitive base salary: €80,000 - €110,000 per year, depending on experience.
  • A dynamic and agile international working environment.
  • Opportunities to broaden your modelling and coding skills.
  • A stimulating environment where you can grow both as an individual and as a professional.
  • Flexible smart working arrangements.
  • A commitment to sustainability.
  • Access to training development opportunities.
  • A special day off on your birthday.
About ING

ING offers many opportunities to build a diverse and rewarding career. As a Wholesale Banking Credit Risk Modelling Expert, you will be part of an international innovative digital bank, the first in Italy to adopt a fully flexible smart working model. Our purpose is to empower people to stay a step ahead in life and in business.



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