Junior ALM Model Developer

ING

Job title:

Junior ALM Model Developer

Company:

ING

Job description

We’re looking for a motivated individual to assist with the development and implementation of asset-liability management (ALM) models. As a junior ALM modeler, you’ll work closely with our ALM team to support the development of financial projections and scenarios for various ALM models.Role & Responsibilities

  • Work on developing and maintaining ALM models, including data input, model calibration, and scenario analysis.
  • Collaborate with the team to develop behavioural models that capture customer behaviour over time.
  • Conduct sensitivity analysis and stress testing of the ALM models to assess the impact of various risk factors on the financial projections.
  • Analyze the results to identify potential areas of risk or opportunity.
  • Help prepare presentations and reports for internal stakeholders.

How to succeed

  • An academic degree (MSc or PhD), quantitative studies such as Econometrics, Mathematics, Engineering & Physics.
  • Finished additional professional qualifications in the financial risk field such as CFA, FRM, or the willingness to do so.
  • Experience with programming languages (e.g., Python, R).
  • Experience with model development in large financial institutions.
  • Proactive and analytical.
  • Open and strong in communication.
  • Problem solving and determined to finish on time.

Rewards and benefitsWe 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 atThe 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

Are you interested?If you are passionate about finance, have a strong analytical background, and are interested in developing your skills in a dynamic and challenging environment, we encourage you to apply!About usWith around 60,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to make a difference. We hire smart people like you for your potential, not your past. Our biggest expectation is that you’ll stay curious. Keep learning. Take on more responsibility. In return, we’ll back you to develop into an even more awesome version of yourself. If you want to work at the cutting edge of what’s possible, surrounded by progressive, inspiring and supportive colleagues, there is no better place to invest your talents than at ING. Join us. Apply today.

Expected salary

Location

Amsterdam, Noord-Holland

Job date

Wed, 25 Sep 2024 04:33:06 GMT

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