Credit Risk Model Developer (multiple seniority levels)
ING is hiring a Credit Risk Model Developer (multiple seniority levels). Level rates it ; you can apply on ING.
Level's read on this job
- On Level's scale, this role is Little AI ●○○○: aI is not part of the work.
- Tools and skills the posting cites include Python, SAS and R.
- Level classifies it as a mid-level role.
- Level lists 704 other open roles at ING.
- The role was posted within the past two weeks.
AI in this role
Develop and monitor quantitative credit risk models within an international banking environment.
ING Hubs Poland is hiring!
The expected salary for this position: 7100 - 28 000 PLN gross.
The financial ranges specified in the announcement are adjusted and may differ from the range specified in the remuneration regulations.
At ING we value and support our employees before recruiting external talent. If you think this vacancy is the right next step in your ING career, we’d encourage you to apply. Should you have questions about the vacancy or need to hear more before you feel you can apply.
We are looking for you if:
- You are passionate about quantitative risk modelling, have 3+ years of experience and want to shape the future of credit risk management in a leading international banking group.
- You have academic or professional experience in statistics, econometrics, data science, or financial engineering.
- You are familiar with regulatory frameworks such as Basel (AIRB) and IFRS9, or eager to learn and grow in this space.
- You enjoy working in diverse, cross-functional teams and thrive in a collaborative, international environment.
- You are comfortable with programming languages such as SAS, Python or R, and have experience (or interest) in working with large datasets.
- You communicate clearly, document thoroughly and enjoy collaborating in agile squads.
You'll get extra points for:
- Hands-on experience in developing, monitoring, or validating AIRB or IFRS9 models.
- Knowledge of banking portfolios (retail, corporate, SME, etc.) and credit risk models’ lifecycle.
- Familiarity with regulatory expectations from ECB, EBA, or local supervisors.
- Strong communication skills and ability to explain complex concepts to non-technical stakeholders.
- Professional certifications such as FRM, PRM or CFA.
Your responsibilities:
Depending on your seniority level, you will:
- Specialists: Contribute to model design, coding, and testing; participate in regulatory submissions and internal reviews.
- Senior Specialist: Lead monitoring of AIRB/IFRS9 models and development of model parameters, coordinate with validation and audit teams, ensure compliance with regulatory standards.
- Experts: Lead development of AIRB/IFRS9 models, mentor junior staff, represent the team in regulatory discussions.
- Senior Experts: Lead complex projects, engage with senior stakeholders across risk, finance, and compliance.
Information about the team:
The Retail Credit Risk Model Development team is a center of expertise within ING Group, responsible for the development, enhancement and monitoring of regulatory and accounting models across multiple jurisdictions and portfolios.
We are transitioning from project-based setup to portfolio-oriented team, enabling deep collaboration with local entities across the Group. This structure offers a unique opportunity to work on international projects, gain exposure to diverse asset classes and model types and specialize in specific portfolios – making a tangible impact on the broader risk management function.
We work closely with business units, model validation, and regulatory affairs to ensure our models are robust, compliant, and fit-for-purpose. We value diversity, curiosity, and continuous learning. Whether you're just starting your career or bringing years of experience, we offer a supportive environment where you can grow and make a real impact. We work in a hybrid model. You’re always welcome to join us in our state-of-the-art Warsaw office whenever you prefer.
The role naming convention in the global ING job architecture will be Model Developer II / III / IV or V.
How we rate this
Credit Risk Model Developer (multiple seniority levels) at ING rates 10 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.
Little AI. AI is not part of the work.
- ●●●● Builds AI80 to 100
- ●●●○ Works on AI60 to 79
- ●●○○ Uses AI40 to 59
- ●○○○ Little AI0 to 39
Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.
Prepare for this job
Built from this posting and from similar jobs on Level.
Skills and AI tools this role asks for
Questions you could be asked
- Tell me about a project where credit risk was part of your work. What did you do?
- Tell me about a project where quantitative modelling was part of your work. What did you do?
- Tell me about a project where statistics was part of your work. What did you do?
- Tell me about a project where econometrics was part of your work. What did you do?
- Tell me about a project where financial engineering was part of your work. What did you do?
Adapt your resume
- List these exact terms on your resume: Credit Risk, Quantitative Modelling, Statistics, Econometrics, and Financial Engineering. An applicant tracking system matches the wording, not the idea.
- Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.
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