Credit Risk Control Unit expert

at  ING

The CRCU looks after the credit risk models in place for the various portfolios or Rating Systems of the bank. These models play an important role in the credit decision process. E.g., to determine the Probability of Default of a client, the Loss Given Default and the Exposure at Default of a client or facility. The CRCU provides a quality assurance on the performance of these models and ratings systems in use. Moreover, the team performs deep-dives in specific topics or themes. An example is, the work done to assess if the correct rating model is used for the correct exposures, as decision taking needs to be based on applying the correct models to the right exposures and also use the models correctly and consistently.

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.

• As Credit Risk Control expert, you are comfortable taking an independent view while working together with stakeholders and other team members towards improving INGs Rating System performance.
• You will be involved in a diverse range of topics and processes that play a role in providing quality assurance on the performance of the Rating Systems in use.
• As a Credit Risk Control Expert, you will be responsible to execute the controls and thematic reviews in line with the year plan. This spreads across business lines and as such you will be able to connect to a broad range of experts across ING.
• You will assess the Rating Systems that ING is using, opine on their performance based on agreed performance indicators and periodic review and discuss issues with the stakeholders to ultimately improve these.
• Key inputs that you will use include monitoring reports, credit risk migration reports and dashboards, the Basle Use test, supervisory reviews etc.
• You will work closely with a range of stakeholders such as the Credit Risk Policy Strategy and Governance team that provides the regulatory expectations and control objectives for the CRCU. Other stakeholders consist of Integrated Risk, Model Risk Management and the business functions as users of the models and rating systems.