INTRODUCTION TO TREASURY
Group Treasury is the department that operates in the very heart of the bank. I like to call it ‘the bank within the bank’. Its purpose is to safeguard a healthy balance sheet, such that commercial units can support clients in their finance. Treasury advises the Management Board of the bank in which direction to move the balance sheet, keep a sound risk-return and be sufficiently robust to ‘weather the storm’.
Financial / market risks originated at commercial units (retail & wholesale) are internally transferred to Treasury. Think about interest rate risk, foreign exchange risk and liquidity risk. Treasury can then decide how to manage the risk: hedge it in the financial markets or keep it. Treasury also holds the mandate to effectuate strategic view.
Treasury deals with many other departments. Financial Risk measures our risk independently and is a sparring partner to discuss what risks are acceptable or...
sep 17, 2020
Internship
INTRODUCTION TO TREASURY
Group Treasury is the department that operates in the very heart of the bank. I like to call it ‘the bank within the bank’. Its purpose is to safeguard a healthy balance sheet, such that commercial units can support clients in their finance. Treasury advises the Management Board of the bank in which direction to move the balance sheet, keep a sound risk-return and be sufficiently robust to ‘weather the storm’.
Financial / market risks originated at commercial units (retail & wholesale) are internally transferred to Treasury. Think about interest rate risk, foreign exchange risk and liquidity risk. Treasury can then decide how to manage the risk: hedge it in the financial markets or keep it. Treasury also holds the mandate to effectuate strategic view.
Treasury deals with many other departments. Financial Risk measures our risk independently and is a sparring partner to discuss what risks are acceptable or...
ING is looking for Credit Risk Modellers to develop Wholesale Banking models. The Credit Risk Model Development Team is an energetic international team of highly qualified professionals. The team is responsible for the development and monitoring of all regulatory and non-regulatory credit risk models for our private and business customers throughout ING. These models are core to the success of ING and are applied to determine the exposure measurement, capital adequacy and the management thereof. The Credit Risk Model Development Team is part of Financial Risk Model Development.
Does it sound interesting? Please read on!
What you'll do
You will play a crucial role in the development and maintenance of models for measuring and managing Credit and Trading risk in the Wholesale Bank, as well as steering and advising the front office colleagues when taking credit risk decisions.
You will cover both the regulatory models,...
sep 14, 2020
Fulltime
ING is looking for Credit Risk Modellers to develop Wholesale Banking models. The Credit Risk Model Development Team is an energetic international team of highly qualified professionals. The team is responsible for the development and monitoring of all regulatory and non-regulatory credit risk models for our private and business customers throughout ING. These models are core to the success of ING and are applied to determine the exposure measurement, capital adequacy and the management thereof. The Credit Risk Model Development Team is part of Financial Risk Model Development.
Does it sound interesting? Please read on!
What you'll do
You will play a crucial role in the development and maintenance of models for measuring and managing Credit and Trading risk in the Wholesale Bank, as well as steering and advising the front office colleagues when taking credit risk decisions.
You will cover both the regulatory models,...
Model Validation is looking for an enthusiastic, curious Junior/Medior Model Validator who likes to develop him/herself in the IRRBB validation chapter
ING’s global Model Validation IRRBB (“Interest Rate Risk in the Banking Book”) chapter is an energetic, diverse and collaborative international team consisting of about 15 highly qualified professionals of various quantitative backgrounds, located in Amsterdam.
Following ING’s Think Forward Strategy to become the next generation digital bank, data and models are considered key assets in our bank. As model validators we safeguard the quality of ING’s models, which are used for all kinds of decision making purposes. We also contribute to the Model Risk Management (r)evolution that is picking up worldwide, given that models are imperfect representations of reality and hence may lead to financial losses and/or reputational damage. To effectively achieve these challenges, our Model Validation teams...
sep 14, 2020
Fulltime
Model Validation is looking for an enthusiastic, curious Junior/Medior Model Validator who likes to develop him/herself in the IRRBB validation chapter
ING’s global Model Validation IRRBB (“Interest Rate Risk in the Banking Book”) chapter is an energetic, diverse and collaborative international team consisting of about 15 highly qualified professionals of various quantitative backgrounds, located in Amsterdam.
Following ING’s Think Forward Strategy to become the next generation digital bank, data and models are considered key assets in our bank. As model validators we safeguard the quality of ING’s models, which are used for all kinds of decision making purposes. We also contribute to the Model Risk Management (r)evolution that is picking up worldwide, given that models are imperfect representations of reality and hence may lead to financial losses and/or reputational damage. To effectively achieve these challenges, our Model Validation teams...
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.
Would you like to use your quantitative skills in a business environment? Are you interested in how to invest billions of valuable savings money of our clients across the globe? Do you want to crack your brain on client behaviour forecasting models? In our Asset and Liability Management Model Development team we create models that are at the heart of ING.
The ALM Model Development team consists of highly qualified professionals with various quantitative backgrounds, ready to help you kickstart your career as a modelling professional. We combine data science with financial mathematics to develop models for client behavior forecasting, hedge optimisation and risk measurement. The models cover both retail and wholesale products like mortgages, savings and...
sep 14, 2020
Fulltime
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.
Would you like to use your quantitative skills in a business environment? Are you interested in how to invest billions of valuable savings money of our clients across the globe? Do you want to crack your brain on client behaviour forecasting models? In our Asset and Liability Management Model Development team we create models that are at the heart of ING.
The ALM Model Development team consists of highly qualified professionals with various quantitative backgrounds, ready to help you kickstart your career as a modelling professional. We combine data science with financial mathematics to develop models for client behavior forecasting, hedge optimisation and risk measurement. The models cover both retail and wholesale products like mortgages, savings and...
