Credit Risk Control Unit expert

The CRCU looks after the credit risk models in place for the various portfolios or Rating Systems of the bank. These models play an important role in the credit decision process. E.g., to determine the Probability of Default of a client, the Loss Given Default and the Exposure at Default of a client or facility. The CRCU provides a quality assurance on the performance of these models and ratings systems in use. Moreover, the team performs deep-dives in specific topics or themes. An example is, the work done to assess if the correct rating model is used for the correct exposures, as decision taking needs to be based on applying the correct models to the right exposures and also use the models correctly and consistently.

What you'll do

• As Credit Risk Control expert, you are comfortable taking an independent view while working together with stakeholders and other team members towards improving INGs Rating System performance.

• You will be involved in a diverse range of topics and processes that play a role in providing quality assurance on the performance of the Rating Systems in use.

• As a Credit Risk Control Expert, you will be responsible to execute the controls and thematic reviews in line with the year plan. This spreads across business lines and as such you will be able to connect to a broad range of experts across ING.

• You will assess the Rating Systems that ING is using, opine on their performance based on agreed performance indicators and periodic review and discuss issues with the stakeholders to ultimately improve these.

• Key inputs that you will use include monitoring reports, credit risk migration reports and dashboards, the Basle Use test, supervisory reviews etc.

• You will work closely with a range of stakeholders such as the Credit Risk Policy Strategy and Governance team that provides the regulatory expectations and control objectives for the CRCU. Other stakeholders consist of Integrated Risk, Model Risk Management and the business functions as users of the models and rating systems.

How to succeed

• At least 5 years of relevant experience such as business/lending, credit risk, product management or audit.

• You have at least a master’s degree.

• You’re familiar with the use of credit risk models and their impact on RWA and business.

• You are comfortable at interacting with users and owners of models and Rating Systems located in both risk management and the business.

• Confident in challenging stakeholders and providing independent advice in a concise manner to senior management.

• Excellent analytical skills, comfortable with quantitative topics.

• Thorough understanding of banking products, finance, accounting and/or the regulatory environment.

• Ability to work in a complex and fast paced environment.

• Possess both problem identification and problem-solving skills, involving the appropriate parties.

Personal qualities and behavioural traits

• Excellent communicator with strong stakeholder management skills.

• A team worker with interest in working together and relying on people with different expertise.

• Result-driven with the ability to push forward issues in a persistent and constructive manner.

• Decisive and resilient.

• Fluent 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. You can find out more about our employment conditions at https://www.ing.jobs/netherlands/Why-ING/benefits.htm 

The benefits of working with us at ING include:

•  A salary tailored to your qualities and experience 

• 24-27 vacation days depending on contract

• Pension scheme

• 13th month salary

• Individual Savings Contribution (BIS), 3.5% of your gross annual salary

• 8% Holiday payment

• Hybrid working to blend home working for focus and office working for collaboration and co-creation

• Personal growth and challenging work with endless possibilities

• An informal working environment with innovative colleagues

About us

With 60,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of what’s possible and at the same time ensure you work with integrity and hold the customer’s interests at heart? Do you want to be surrounded by progressive, inspiring, diverse and supportive colleagues? Then there is no better place to invest your talents than at ING. Join us. Apply today.

Questions?

Contact the recruiter attached to the advertisement for more information. Want to apply directly? Please upload your CV and motivation letter by clicking the “Apply” button.

Please note, multiple interview steps involving various business stakeholders will be part of the selection process.