Junior Model Developer

Descripción del puesto:

ING is looking for graduates in STEM or economic disciplines to join the Bank-wide Credit Risk, ESG Risk development teams, or the Risk Strategy and Oversight group.
We are hiring resources to be based in Milan within the following departments:
* Bankwide Credit Risk Models
* ESG Risk Models
* Risk Strategy and Oversight
We are seeking junior developers or recent graduates with a strong interest in model development within the banking and credit risk domain, willing to apply their quantitative and technical skills to support our model development teams.

Key responsibilities

* Join a model development team and progressively take responsibility in supporting activities across the full model development lifecycle: methodology definition/application, data collection and analysis, development, calibration, documentation, and monitoring
* Contribute to interactions with supervisory authorities and collaborate on testing, validation, internal audit, and production release activities
* Work closely with experienced colleagues throughout the model lifecycle
* Contribute to portfolio and in-depth analyses supporting both business-as-usual model usage and ad-hoc initiatives requiring advanced understanding of model functioning

Who we are looking for

* Master's degree or PhD, preferably in Econometrics, Physics, Statistics, Mathematics, or Engineering
* Ability to read and interpret data using office tools, programming languages, and GenAI tools; practical knowledge of GenAI is considered a plus
* Basic knowledge of the banking regulatory framework (ECB, EBA) is a plus
* Strong knowledge of data modelling and coding tools (Python, R, SAS)
* Good communication skills
* Strong analytical and problem-solving capabilities, with solid execution skills
* Creative and innovative mindset
* Team player
* Good command of English