Senior ALM Model Developer - Liabilities

We're looking for a motivated individual to assist with the development and implementation of asset-liability management (ALM) models.

Role and responsibilities

• Work on developing, implementing and maintaining ALM models, including data input, model calibration, and scenario analysis.

• Provide quality assurance for model developers in the department

• Be a role model for model developers in the department

• 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.

• Analyse the results to identify potential areas of risk or opportunity.

• Prepare presentations and reports for internal stakeholders.

How to succeed

We hire smart people like you for your potential. Our biggest expectation is that you’ll stay curious. Keep learning. Take on responsibility. In return, we’ll back you to develop into an even more awesome version of yourself.  

We are looking for you if you have:

• 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 model development in large financial institutions

• Demonstrated hands-on experience with current accounts behavioural and EC modelling

• Demonstrated hands-on experience with savings modelling, including handling of regulatory and soft floors and EC frameworks

• Demonstrated experience with hedging models, hedge accounting and understanding of EVE and NPV frameworks

• Demonstrated experience with stress testing methodologies

• Demonstrated experience in cash flowing and valuation of financial instruments

• Demonstrated experience with Balance Sheet Management and ALM systems (e.g. QRM, FIS, etc.)

• Demonstrated experience with pricing and business strategies

• Demonstrated experience delivering strategic model development projects and senior stakeholder management

• Demonstrated experience with Python, Git, SQL and complex code repositories

Additionally,  you should be:

• Proactive and analytical.

• Open and strong in communication.

• Problem solving and determined to finish on time.

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. Find out more about our employment conditions.  

 The benefits of working with us at ING include: 

• 25-28 vacation days depending on contract 

• Pension scheme 

• 13th month salary 

• 8% Holiday payment 

• Hybrid working  

• Personal growth and challenging work with endless possibilities 

• An informal working environment with innovative colleagues 

 
About us 
Curious about how ING empowers people and businesses to move forward? Discover what we do and what we can offer you.

Questions? 
Please visit our Frequently Asked Questions section to find some answers on questions you might have.