We're looking for a motivated individual to assist with the development and implementation of asset-liability management (ALM) models.
Role and responsibilities
Work on developing, implementing and maintaining ALM models, including data input, model calibration, and scenario analysis.
Provide quality assurance for model developers in the department
Be a role model for model developers in the department
Collaborate with the team to develop behavioural models that capture customer behaviour over time.
Conduct sensitivity analysis and stress testing of the ALM models to assess the impact of various risk factors on the financial projections.
Analyse the results to identify potential areas of risk or opportunity.
Prepare presentations and reports for internal stakeholders.
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.
We are looking for you if you have:
Quantitative studies such as Econometrics, Mathematics, Engineering & Physics.
Finished additional professional qualifications in the financial risk field such as CFA, FRM, or the willingness to do so
Experience with model development in large financial institutions
Demonstrated hands-on experience with current accounts behavioural and EC modelling
Demonstrated hands-on experience with savings modelling, including handling of regulatory and soft floors and EC frameworks
Demonstrated experience with hedging models, hedge accounting and understanding of EVE and NPV frameworks
Demonstrated experience with stress testing methodologies
Demonstrated experience in cash flowing and valuation of financial instruments
Demonstrated experience with Balance Sheet Management and ALM systems (e.g. QRM, FIS, etc.)
Demonstrated experience with pricing and business strategies
Demonstrated experience delivering strategic model development projects and senior stakeholder management
Demonstrated experience with Python, Git, SQL and complex code repositories
Additionally, you should be:
Proactive and analytical.
Open and strong in communication.
Problem solving and determined to finish on time.
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
Curious about how ING empowers people and businesses to move forward? Discover what we do and what we can offer you.
Questions?
Please visit our Frequently Asked Questions section to find some answers on questions you might have.
ING is a pioneer in digital banking and on the forefront as one of the most innovative banks in the world. As ING, we have a clear purpose that represents our conviction of people’s potential. We don’t judge, coach, or tell people how to live their lives. However big or small, modest or grand, we empower people and businesses to realise their vision for a better future. We made the promise to make banking frictionless, removing barriers to progress, and make people confident in their financial decisions. As a global bank we have a huge opportunity – and responsibility – to make an impact for the better. We can play a role by financing change, sharing knowledge, and innovating. Being sustainable is in all the choices we make—as a lender, as a partner and through the services we offer our customers
