Python Expert Model Developer

ING is looking for a Model Developer with  Python Developer skills  for the Risk Trading Quant Team in the Integrated Risk Model Development department.

The position offers excellent opportunities to excel in what you do and to broaden your modelling and coding skills, as well as exposure to a dynamic and agile international working environment with learning opportunities in trading risk models areas. Does it sound interesting? Please read on!

The team

We are an energetic international team of highly qualified professionals. Our area of expertise is Trading risk models, Valuation Risk, and Counterparty credit risk in the Trading book. We are part of the Integrated Risk Model Development department, which comprises of a large team of modelling experts: Trading Risk, Credit Risk and Market Risk in IRRBB and Balance Sheet Risk models

Roles and responsibilities

The team is responsible for designing the methodology of a wide range of models used in the Trading book. The design work relies heavily on the team benchmark libraries, which are used for analysis, exploration of alternative models and as implementation prototypes.

You will:

• Design, built and expand the team benchmark libraries and set best practices;

• Develop implementations for Trading Risk methodologies, such as Economic capital, Stress test, historical market data models and Risk factor scenarios specifications;

• Develop implementations for the calculation methodologies for valuation adjustment models e.g., for the concentration of positions;

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.

You have:

• Solid experience in implementing models in Python and in building libraries; thus experience in Python development.

• A MSc in a quantitative field, e.g., mathematics, physics, software engineering etc.

• Familiarity with Market Risk models, data models and derivatives pricing and associated regulatory developments (e.g. CRR Market Risk framework for the Trading Book, FRTB, Prudent Valuation framework, etc).

• Strong communication skills and fluency in English.

• Constructive attitude and pro-active team player.

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. You can find out more about our employment conditions at https://www.ing.jobs/netherlands/Why-ING/benefits.htm 

The benefits of working with us at ING include:

• A salary tailored to your qualities and experience

• 24-27 vacation days depending on contract

• Pension scheme

• 13th month salary

• Individual Savings Contribution (BIS), 3.5% of your gross annual salary

• 8% Holiday payment

• Hybrid working to blend home working for focus and office working for collaboration and co-creation

• Personal growth and challenging work with endless possibilities

• An informal working environment with innovative colleagues

About us

With 60,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of what’s possible and at the same time ensure you work with integrity and hold the customer’s interests at heart? Do you want to be surrounded by progressive, inspiring, diverse and supportive colleagues? Then there is no better place to invest your talents than at ING. Join us. Apply today.

Questions?

Contact the recruiter attached to the advertisement for more information. Want to apply directly? Please upload your CV and motivation letter by clicking the “Apply” button.

Please note, multiple interview steps involving various business stakeholders will be part of the selection process.