Credit Risk Model Validator

You’re someone who’s energised by complex models, curious by nature, and driven to make a real impact. In this role, you help safeguard the quality of ING’s global credit risk framework - ensuring our models are sound, reliable, and ready to support millions of decisions every day. If you’re excited by quantitative challenges, broad model exposure, and work that genuinely matters, this is where you can thrive.

The team

You’ll join the Credit Risk Model Validation team - a diverse, international group of specialists within ING’s Model Risk Management department. Together, we validate the models that power ING’s credit risk decisions worldwide.

The team is collaborative, analytical, and open‑minded. We challenge each other, share knowledge freely, and never lose sight of ING’s responsibility to take thoughtful, well‑informed risk decisions. Our work strengthens regulatory compliance, enhances model quality, and deepens the organisations understanding of model limitations - ultimately giving customers and colleagues the confidence to move forward.

Roles and responsibilities

In this role, you’ll take ownership of validations across a wide range of credit risk models, contributing directly to ING’s model landscape and decision‑making strength.

You will:

• Validate credit risk models by performing robust quantitative analyses and assessing conceptual soundness.

• Develop high‑quality validation reports for senior management, CRO staff, audit, and the European Central Bank.

• Engage with model developers, internal and external auditors, and supervisory authorities during the validation process.

• Assess a broad portfolio of model types, including IRB (PD/EAD/LGD), IFRS9, Credit Risk Economic Capital, Stress Testing, Climate Risk, and non‑regulatory models such as credit risk feeder models, underwriting models, and early‑warning systems.

• Advise on model improvements and contribute to the continuous strengthening of ING’s model risk framework.

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. To thrive in this role, you bring the expertise and mindset needed to work independently and with confidence across complex credit risk models.

You have:

• A strong academic background (MSc or PhD) in Econometrics, Mathematics, Physics, Economics, or another quantitative field.

• Experience working with credit risk models (PD/LGD/EAD), ideally including hands‑on model validation.

• Solid knowledge of A‑IRB and/or IFRS9 modelling and validation practices.

• Programming skills in SAS or a similar analytical language.

• A proactive, analytical, and constructive approach to challenging assumptions and identifying improvements.

• Clear communication skills and the ability to write concise, well‑structured reports in English.

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:

• A salary tailored to your qualities and experience

• 25 - 28 vacation days depending on contract

• Pension scheme

• 13th month salary

• 8% Holiday payment

• Mobility Card

• 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?
Contact the recruiter attached to the advertisement. Want to apply directly? Please upload your CV and motivation letter by clicking the ‘Apply’ button