ALM Model Developer

We are looking for a motivated and knowledgeable individual to join our model development team within ALM Model Development – Assets.

The team
You will be part of our model development team, working on ALM models and behavioural models that capture customer behaviour over time. The team collaborates closely to analyse results and support internal stakeholders with insights.

Roles and responsibilities
You will be responsible for:

• Developing, implementing and maintaining ALM models, including data input, model calibration, and scenario analysis

• Collaborating with the team to develop behavioural models that capture customer behaviour over time

• Conducting sensitivity analysis and stress testing of the ALM models to assess the impact of various risk factors on the financial projections

• Analysing results to identify potential areas of risk or opportunity

• Preparing 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.

• A background in quantitative studies such as Econometrics, Mathematics, Engineering or Physics to support strong analytical work

• Additional professional qualifications in the financial risk field (e.g. CFA, FRM), or willingness to obtain them, to deepen expertise

• Experience with model development in large financial institutions to contribute effectively from the start

• Hands-on experience with retail prepayment modelling to support accurate behavioural modelling

• Experience with hedging models and understanding of EVE and NPV frameworks to assess financial risks and outcomes

• Experience with wholesale banking behavioural modelling to strengthen modelling capabilities across portfolios

• Experience with Python, Git, SQL and complex code repositories to develop and maintain models efficiently

• A proactive and analytical mindset to identify risks and opportunities in model outputs

• Strong communication skills to collaborate and present insights clearly to stakeholders

• A problem-solving attitude and determination to deliver work 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
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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.
Contact the recruiter attached to the advertisement. Want to apply directly? Please upload your CV and motivation letter by clicking the ‘Apply’ button.