ING

Junior Model Developer

CDR (Amsterdam - Cedar) Full time

The team

Economic Capital ensures ING holds sufficient funds to withstand extreme adverse market scenarios. The Economic Capital Squad within the Asset and Liability Management team of Integrated Risk Model Development is responsible for the development of mathematical models to calculate the required Economic Capital for Market Risk, Operational Risk and Business Risk. Next to this, the squad implements these models on MApps, the ING Private Cloud, for locations to use. Finally, the Economic Capital Squad interacts with stakeholders to further improve and explain the workings of the models.

Roles and responsibilities

As a model developer you will be working on the development of mathematical risk models. While model development remains a core responsibility of the team, the current focus is increasingly on the effective usage of these models within the organization.

Therefore, we are looking for a new team member to work on the development of interactive tooling on the MApps environment to disclose the information and provide insight in the Economic Capital calculations for the user.

This means that, in addition to a quantitative background, we are looking for a candidate with experience in translating user requirements into interactive dashboards and the skills to implement them in a web-based environment.

How to succeed

We hire smart people like you for your potential. Our biggest expectation is that you’ll stay curious. Keep learning. Take on responsibility. In return, we’ll back you to develop into an even more awesome version of yourself.

In order to succeed the following requirements are a must:

  • A quantitative master education

  • Experience as a model developer or model owner with customer behaviour‑based models

  • Proven experience with creating reporting or dashboards for users

  • Proven experience of implementing reports into a web-based environment

  • Knowledge of SQL and databases

The following points are considered a plus:

  • Experience with working with information in the ARA environment

  • Understanding of QRM processes and related impact analyses

  • Experience with project management

  • Experience with stakeholder/location management

  • Knowledge of Object-Oriented Programming

  • Knowledge of Java & Python


Rewards and benefits
We want to make sure that it’s possible for you to strike the right balance between your career and your private life. Find out more about our employment conditions.


The benefits of working with us at ING include:

  • 25-28 vacation days depending on contract

  • Pension scheme

  • 13th month salary

  • 8% Holiday payment

  • Hybrid working

  • Personal growth and challenging work with endless possibilities

  • An informal working environment with innovative colleagues


About us
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Discover what we do and what we can offer you.

Questions?
Contact the recruiter attached to the advertisement. Want to apply directly? Please upload your CV and motivation letter by clicking the ‘Apply’ button.