Trading Risk Quants
Employee | Risk Management | Professional | Amsterdam | 2021-01-07 | REQ-10031298
ING is looking for Trading Risk Quants for the Trading Risk Quant Team in the Financial Risk Model Development department.
We are an energetic international team of highly qualified professionals.
Our area of expertise is FM Trading pricing models, market risk and counterparty credit risk in the Trading book.
We are part of the Financial Risk Model Development department, which comprises of a large team of modelling experts: Balance Sheet Risk, Credit Risk and Market Risk in IRRBB and Trading Risk models, with state of the art modelling methods, tooling and data-processing technologies.
The position offers excellent opportunities to excel in what you do and to broaden your modelling skills, as well as exposure to a dynamic and agile international working environment.
Does it sound interesting? Please read on!
What you'll do
design methodologies for internal risk models by combining derivative pricing methods with portfolio modelling techniques. This includes risk factor models for Value at Risk (VaR), Incremental Risk Charge (IRC) modelling, Market Risk Economic Capital and Stress Testing models, Counterparty Credit Risk simulation models, Additional Valuation Adjustment (AVA), risk-not-in-model methodologies etc. The model development process often requires prototyping in some programming language.
provide quantitative support to risk managers and traders (in the risk modelling context), integration of the new products/pricing models in the existing risk frameworks, development of tools to provide insight into model choices, analysis of the methodologies used for P&L explainer or market data proxies.
How to succeed
A PhD or a MSc in a quantitative field, preferably (financial) mathematics, econometrics or physics;
2-5 years of Quant experience and familiarity with derivatives pricing, risk models and the most important market and regulatory developments (for e.g. CRR, IBOR transition);
Familiarity with Incremental Risk Charge (IRC) modelling is a plus;
Familiarity with FX and Credit derivative pricing is a plus;
Strong knowledge and experience with programming languages, preferably C++ and/or Python;
Strong communication skills and fluency in English; and
Constructive attitude and pro-active team player.
What we offer
A job from 36 to 40 hours and a unique offer that fits in with the times of today. We take into account your home situation and your ambitions and help you to balance work and private life. Discover yourself our employment conditions.
To give you an idea, we will tell you about the benefits of working at ING:
Great international career opportunities
A salary tailored to your qualities and experience
Flexible working hours and the possibility to work at home
Reimbursement for travel expenses
24 vacation days with a 36-hour working week. If you work 40 hours a week, you will receive 27 vacation days
13th month salary
Individual Savings Contribution (BIS), 3.5% of your gross annual salary
8% Holiday payment
Personal growth and challenging work with endless possibilities to realize your ambitions
An informal working environment with innovative colleagues who strive for the very best
Progressive way of working according to the Agile method, so that new ideas come to life
Contact the recruiter attached to the advertisement for more information. Want to apply directly? Please upload your CV and motivation letter by clicking the “Apply” button.
With around 52,000 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.