Job description The senior expert is one of the core members of the Model Risk Oversight team, specialized and responsible for various elements of the Model Risk Management framework like governance, policies, model inventory, risk appetite and model portfolio advice as well as monitoring, in line with his or her domain.
Model Risk Oversight (MRO) is a newly established team within Model Risk Management that is responsible for the roll out of the Model Risk Management framework. This is a crucial element of the Model Paradigm Shift (MPS) program and a key enabler to ING's Accelerating Think Forward strategy. The scope of the framework covers all models used within ING Bank worldwide, not only the regulatory risk models.
You will work with a variety of stakeholders within the global ING organisation. You will act as a subject matter expert.
The function reports to the Global Head of Model Risk Oversight.
Key Responsibilities General contributions:
Brings expert knowledge on the subject by bringing outside knowledge in and actively sharing knowledge with stakeholders.
Is the lead contact for Model Risk Management for specific domains.
Coaches team members.
Contribution to the MPS program:
Contributes to the continuous improvement of the Model Risk Management framework.
Contributes to the global roll-out of the Model Risk Management framework, possibly at the various countries where ING is active.
Contribution to the MRO function:
Provides independent oversight and challenge to support the Model Risk Management Framework for his/her domain
Ensures model risk methodologies and processes are appropriately governed.
Performs maturity assessments on entity level and provides recommendations for improvement related to the embedding of the Model Risk Management framework.
Your work environment You are part of the Model Risk Management (MoRM) department and you will be based in Amsterdam. MoRM is part of the Risk domain headed by the CRO of ING. The role requires interactions with many stakeholders on a variety of potentially high profile topics. The role will possibly require traveling to the different locations. The environment that you work in can be described as new, fast growing, dynamic, knowledgeable, professional with fast changing requirements and needs.
The Model Risk Oversight team has adopted the ING Agile One Way of Working. Your profile We are looking for someone with an academic degree in a relevant discipline with a clear affinity and experience with models, both regulatory and/or non-regulatory in the financial services industry. The function requires someone who has the ability to think at both strategic and operational levels.
You bring expert knowledge on specific risk domains, specific modelling techniques and/or business areas. You bring a thorough understanding and experience in developing, implementing or executing Model Risk Management frameworks.
Furthermore, you adhere to the ING values and it is evident for you that your behaviour is fully aligned with these values. You are also prepared to take the Banker's Oath. For more information, please visit http://www.ing.jobs/Netherlands/Why-ING/This-is-ING-too/ING-Values.htm
Excellent communication and presentation skills;
Fluent in English & Dutch;
Able to interact with stakeholders at all levels of the organisation
Ability to motivate and inspire people
Result driven, flexible and able to adjust quickly to new circumstances
Work according to ING's one Way of Working (agile WoW)
Competencies: This senior has developed competencies at the highest levels for vision, persuasiveness, empathy with the company, people development, planning, organizing and monitoring skills.
Other required competencies are:
What we offer
Job scale 13
Security check Due to nature of the job an extensive pre-employment screening will take place. Interested? Apply directly online, click on Apply for this job. For further inquiries, please contact Diederik Fokkema (Diederik.Fokkema@ing.com). Please send your CV and motivation. We are looking forward to your application!
Internal Number: 5468667
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