Questa posizione è in ING Il processo di selezione sarà interamente gestito ING. -- The Role You will join the Model Development Unit within the Retail Credit Risk area, contributing to the design, development, and enhancement of IFRS 9 impairment models for retail portfolios.
Specifically, you will be part of the team responsible for estimating Expected Credit Losses (ECL), including PD, LGD, and EAD under forward-looking and accounting frameworks.
Key Responsibilities Develop and maintain IFRS 9 models, managing all project phases: initiation, data collection, model design, development, validation interaction, and audit/regulatory engagement when required.
Design and calibrate point-in-time risk parameters and macroeconomic overlays, ensuring proper incorporation of forward-looking information and scenario-based approaches.
Monitor model performance through backtesting, benchmarking, and sensitivity analysis, identifying model weaknesses and implementing enhancements when necessary.
Define and execute remediation plans to address findings from Internal Validation, Audit, and external reviews.




Support model implementation and production deployment, including test strategy definition, UAT execution, reconciliation checks, and issue resolution.
Collaborate with key stakeholders (Finance, Accounting Policy, Risk, IT, Data Management) to ensure alignment between risk models and financial reporting requirements.
Conduct impact analyses related to model changes, macroeconomic scenarios, portfolio evolution, and regulatory/accounting updates.
Perform portfolio monitoring activities, focusing on ECL drivers, staging allocation (Stage 1, 2, 3), and parameter evolution over time.
Prepare reporting and documentation for Senior Management, including model performance, ECL dynamics, and key risk drivers.
Ensure proper model governance and documentation, in line with IFRS 9 standards and internal policies.
Promote best practices in IFRS 9 modeling and forecasting, supporting continuous improvement and knowledge sharing across the organization.
Skills

📌 Credit Risk Model Developer (Milano)
🏢 Ing
📍 Milano