Risk Model Oversight Expert

In breve

ING is seeking a Risk Model Oversight Expert to provide Group‑level oversight of its regulatory credit risk models, including IRB and IFRS 9. The role sits within ING's centre of expertise for credit risk modelling and on‑site inspections, supporting the bank's global credit risk strategy and ensuring alignment with Group standards and regulatory expectations. The position is based in Milan on a hybrid schedule and reports to senior risk and model development leaders. On a day‑to‑day basis you will supervise changes to credit risk models and rating systems across the Group, acting as both advisor and controller. You will conduct advisory and quality‑assurance reviews of Internal Model Investigations (IMIs) and on‑site inspections, coordinate supervisory submissions and presentations, and manage the end‑to‑end model lifecycle with senior internal stakeholders worldwide. The role also involves representing ING in discussions with the European Central Bank and external auditors, and communicating technical positions clearly to senior audiences. The ideal candidate holds a Master's degree and brings 6–12 years of experience in credit risk modelling, supervision or a closely related field. You must possess deep, hands‑on expertise in IRB and IFRS 9 frameworks, a solid grasp of capital‑requirements regulation and model‑risk policies, and strong quantitative and statistical skills. Full professional proficiency in English is required, as is the ability to engage confidently with senior stakeholders and supervisory authorities. Additional assets include experience working in an international, diverse team and a willingness to contribute to ING's innovative, digital‑banking culture. The role offers a permanent contract, 37‑hour full‑time weeks, a starting base salary of €50,000 plus variable remuneration, and a hybrid work model in Milan. ING promotes a flexible smart‑working environment, competitive compensation, extensive training, wellbeing programmes, and a culture that values diversity, sustainability and personal growth. What the role asks for: - Master's degree - 6–12 years credit risk modelling or supervision experience - Hands‑on expertise in IRB framework - Hands‑on expertise in IFRS 9 framework - Strong quantitative and statistical knowledge - Full professional proficiency in English - Ability to engage senior stakeholders and regulators - Nice‑to‑have: experience in international, diverse teams