Model Development IRRBB Lead

Lead Financial Risk III – ING Hubs Poland.

Salary: 22700–36500PLN gross.

The financial ranges specified in the announcement are adjusted and may differ from the range specified in the remuneration regulations.

Qualifications

• 10+ years of experience in financial risk management, supervision, or related fields
• Broad expertise across market risk modelling, statistics, combining strong technical background with domain expertise
• Experience in building, steering, and leading quantitative teams. Cross‑country or international experience is very welcome.
• Extensive experience across ALM and statistics, combining strong technical background with domain expertise.
• Quantitative background, e.g., a MSc or PhD in (Financial) Econometrics, Financial Mathematics, Quantitative Financial Economics, Mathematics, Statistics, Physics
• Sound knowledge of statistical inference and econometric methods
• Sound knowledge of Python programming language
• Extensive knowledge of interest rate modelling
• English level – C1.

Bonus

• Experience in being a sparring partner/advisor to Senior Management
• Professional certification FRM/PRM/CFA or CQF
• Contribution to solving ECB findings
• Knowledge of and experience with SOT regulatory models (NII, EVE)
• Knowledge of EBA IRRBB/CSRBB Guidelines and Regulatory Technical Standards on SOT

Responsibilities

• Managing the work of a team of 15+ quantitative experts
• Steer and lead senior experts in model development and monitoring
• Collaborate within Market & Operational Risk Model Development on roadmap delivery, including model development, change, monitoring, as well as solving Model Validation, Audit and ECB findings
• Support Business, Finance and Risk domains by maintaining, creation and roll‑out of interest rate curves and indices
• Build, grow and lead team of senior experts, motivate, recruitment/hiring/talent development of scarce senior regulatory / model experts
• Lead the development of risk models applying broad knowledge of IRRBB/Interest Rate modelling, striking the balance between complexity, quality, and business needs
• Act as Model Owner, providing thought leadership and stakeholder management related to interest rate models and curves
• Lead Python implementations of the models in scope, as well as related implementations on the in‑house platform
• Foster accountability across the organization and personally ensure commitments to internal policies and external regulations are met
• Build strong‑identity teams of diversely skilled experts to achieve common goals, driving engagement through a shared vision

Team

Market & Operational Risk Model Development is an international, global team (more than 35 risk experts) located in Amsterdam and Warsaw. The key responsibility is development of robust ALM & Operational risk models supporting regulatory compliance and risk management of ING.