ING is looking for a Credit Risk Economic Capital Analyst to extend the Capital Analytics team within Integrated Risk. Capital Analytics is a staff department directly reporting to the CRO and coordinates various integrated risk topics like:
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Economic Capital: Overseeing the implementation of the new Economic Capital Framework and supporting further usage in both risk management and steering.
Risk Appetite: Coordination of the group-wide Risk Appetite Framework, including solvency/capital risk appetite, allocation to risk types and preparing the annual risk appetite to the Management Board Banking and Supervisory Board.
Stress testing: Covering internal and external (EBA) ICAAP/Capital Stress Testing as well as Climate Risk Stress Testing.
ICAAP: Being the second line of defense with respect to ICAAP and thereby working close together with Group Treasury.
New regulations: Assess the impact of new regulations like Basel IV
Disclosures: Coordination of internal risk reporting towards the Management Board and Supervisory Board and external disclosures in e.g. the Annual Report and towards investors and ratings agencies.
Capital Analytics is an international team of highly qualified professionals with an open and informal atmosphere, located in Amsterdam, consisting of 18 persons. The team is as model owner responsible for the Credit Risk Economic Capital model, which is a key function as Economic capital will increasingly play an important role in the credit risk and capital frameworks of ING.
What you'll do?
Be the centre of expertise, design and execute the Credit Risk Economic Capital Framework as the delegated model owner;
Be in the lead for different global financial risk related projects for Credit Risk EC;
Support and improve the Economic Capital Risk Appetite and limit setting, allocation and monitoring;
Coordinate, challenge & perform in-depth credit risk analyses and assessments;
Provide guidance and advise to Senior Management and all stakeholders on Credit Risk Economic capital;
Initiate model improvements and determine requirements;
Participation in (change) projects and model content panels;
Follow, interpret and execute developments/ requirements by regulators in the fields of Economic Capital & Credit Risk;
How to succeed?
>5 years knowledge of risk management and financial products specifically in Credit Risk;
Academic level, preferably in Economics/Econometrics/Finance or a Quantitative specialisation;
Fluent in English (both verbal and in writing);
Working with presentations, the ability to present complex content in an easy and transparent way;
Strong analytical and quantitative skills (the breakdown of complex issues in manageable pieces);
Result-driven and able to push things forward in a persistent and constructive manner;
Able to manage different stakeholders and navigate different cultural environments;
Changeable and flexible, able to act swiftly in changing situations;
Well structured, autonomous, highly adaptive, flexible team player;
Thrive while working in a fast-paced, dynamic environment;
What we offer?
Capital Analytics offers you a challenging and interesting position in an international, dynamic and informal working environment. A job from 36 to 40 hours and a unique offer that fits in with the times of today. We take into account your home situation and your ambitions and help you to balance work and private life. Discover yourself our employment conditions.
A salary tailored to your qualities and experience;
Flexible working hours and a hybrid mix of working from the office and working from home;
Reimbursement for travel expenses;
24 vacation days with a 36-hour working week. If you work 40 hours a week, you will receive 27 vacation days;
Pension scheme;
13th month salary;
Individual Savings Contribution (BIS), 3.5% of your gross annual salary;
8% Holiday payment;
Personal growth and challenging work with endless possibilities to realize your ambitions;
An informal working environment with innovative colleagues who strive for the very best.
Want to apply directly?
Please upload your CV and motivation letter by clicking the “Apply” button.
