Team lead Large Corporate & Financial Institutions at Ing Firm

Amsterdam, North Holland, Netherlands -

Full Time

Start Date

Immediate

Expiry Date

21 May, 26

Salary

0.0

Posted On

20 Feb, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Identification, Risk Aggregation, Risk Governance, Policy Development, Frameworks, Model Development, Model Monitoring, Advisory Support, Regulatory Compliance, Stakeholder Management, Team Leadership, Talent Development, Quality Assurance, Supervisory Obligations, Credit Risk Modelling

Industry

Banking

Description

Team description The mission of Integrated Risk is focused on providing risk identification, aggregation and insight capabilities at Group level across the various Risk domains. The team department is using those capabilities across the various risk functions, to assume a general oversight of risk governance, policies and frameworks, and to steer group-wide model and implementation activities across locations. Specific Function The Bank-wide Credit Risk Models department is responsible for the management of Wholesale Banking (WB) IRB and IFRS9 and the Bank-wide Credit Risk Economic Capital models - including their development, monitoring, and advisory support to the business - in cooperation with relevant stakeholders. All the models in scope are groupwide, managed and developed centrally and consistently applied across all ING’s locations. Job description Leads a team of experts responsible for maintenance of the IRB models for Large corporate and FI portfolios, supporting and safeguarding the model environment. Interacts with auditors, regulators and internal stakeholders in order to be compliant with the internal and external regulations and INGs Risk Appetite Statement. Specific Tasks and Responsibilities Steer and lead end-to-end oversight over changes to regulatory models. Manage end-toend approval process for changes to regulatory models and rating systems, including review of initiation process and review and challenge of application pack. Steer and lead senior experts in IMI quality assurance and monitoring of Q&As. Oversee closure of supervisory obligations across all ING's regulatory models, challenging first line on remediation approaches and reviewing obligation closure memos. Proactively manage internal stakeholders across end-to-end regulatory credit risk model lifecycle across ING globally as well as external stakeholders, in particular ECB, regarding ING's regulatory model changes. Safeguard and uplift the models for internal purpose and create added value in optimization of the E2E lending journey and capital consumption. Represent ING on matters related to internal models to regulator. Support Head of Bank-wide Credit Risk Models with management of regular interactions with the ECB JST concerning internal regulatory models, setting the agenda based on bankwide priorities and align internal stakeholders on ING's standpoints regarding topics discussed. Build, grow and lead team of senior experts. Recruitment, coach, motivate and talent development of scarce senior regulatory and model experts. Build central capacity for oversight over regulatory model changes. Specific Knowledge and Experience University / Postgraduate (Master's Degree) 10-15 years of experience in financial risk management, supervision or related fields. Broad expertise across credit risk modelling, statistics, policy development, regulation/supervision, combining strong technical background with domain expertise. Extensive experience in steering / managing / organizing teams of experts over short/medium timescales. Decision quality: Constantly strives for timely and high-quality decisions, considering tradeoffs at a strategic level, built on quick assimilation of complex analyses. Risk Management: Applies broad knowledge on the end-to-end regulatory credit risk model lifecycle (IT, data, model & policy development, regulation) to act as the organizational authority on identifying, assessing, prioritizing and managing model risks. Strategic Planning: Uses expertise to act as organizational authority on strategic planning regarding regulatory compliance and internal credit risk model strategy. Ensures Accountability: Fosters a sense of accountability across the organisation and personally takes a strong role in ensuring commitments to internal policies and external regulations are met. Learning: Strongly champions and rewards exploration and out-of-the-box approaches. Effective Team building: Builds strong-identity teams of diversely skilled experts to achieve common goals, with the ability to drive engagement by creating a shared vision across the team. Reporting Line and Classification Team lead Large Corporate & Financial Institutions | Lead Financial Risk IV reports hierarchically to Head of Bank-wide Credit Risk Models located in Amsterdam We’re a global bank with a strong European base, and our more than 60,000 colleagues serve around 38 million customers and corporate clients in over 40 countries. Joining ING means working with friendly and collaborative people towards making a positive impact on people and planet. We believe in empowering the people around us and our customers to stay a step ahead. Working here means having the autonomy to drive progress, helping to create superior customer value and contributing to our ambition of putting sustainability at the heart of everything we do. Here, we’re more than just a workplace – we’re a community of innovators, problem-solvers, and forward-thinkers, dedicated to making a real impact. Whether you’re just starting your career or seeking the next big challenge, we have opportunities that will inspire and push you to grow. Your future at ING starts with one application. Ready to join? We’ve got plenty of opportunities to match your skills and aspirations! Use the filters below the search bar – like location and job type – to help you find the perfect fit. Start exploring now and discover where your next career move could take you!

Responsibilities

This role involves leading a team responsible for the maintenance of IRB models for Large Corporate and Financial Institutions portfolios, ensuring model environment support and safeguarding. Key tasks include steering end-to-end oversight over regulatory model changes, managing the approval process, and overseeing the closure of supervisory obligations.