Retail Credit Risk Models – 2 opportunities – Senior Analyst and Manager level

The future is bright for ING Australia and your career. Winner of Canstar’s bank of the year for the 4th consecutive year, we offer an inclusive culture, hybrid working and great benefits. 

We are seeking 2 experienced Credit Risk professionals to join our high performing Retail Credit Risk team. These roles include:

Senior Analyst – Retail Credit Risk Models

Manager – Retail Credit Risk Models

At ING, you’ll thrive as you work closely with all facets of the business with the unique advantage of enjoying high visibility amongst senior stakeholders.  You’ll perform complex credit risk analysis and use your knowledge of credit risk modelling along with your advanced level SAS experience.

You’ll develop, analyse and monitor new and existing regulatory risk models in accordance with internal and external requirements. You’ll prepare the model data, apply appropriate modelling techniques, document models and act as a subject matter expert on credit risk models and data.

Are you ready to be a visionary within this highly critical space?

What you’ll do 

• Perform complex credit risk analysis and/or modelling to maximise profits and asset growth.
• Develop scoring models, updating application and behaviour scoring models based on actual experience and the latest advances in risk management technology.
• Develop business critical statistical models including IRB, IFRS9, application and behavioural scorecards, Early Warning System (EWS) models and stress-testing for the retail credit risk portfolios along with application.
• Support the development and maintenance of the ING’s retail credit risk models, ensuring compliance with the relevant regulations and are fit-for-purpose for use across the business.
• Create comprehensive documentation of models and preparing data for model development.
• Generate model monitoring reports and working with the Policy team to identify key credit metrics to support business development priorities and better monitor risk trends in IBAL’s retail credit portfolio.
• Define critical data elements for credit risk and ensure the appropriate data quality and monitoring standards are met for all critical data elements.

As Manager – Retail Credit Risk Models you’ll also provide mentoring, development and support to all staff within the modelling team and represent Head of Retail Risk at governance committees, oversight forums and project groups.

What we’re looking for 

• Practical knowledge of APS113 and other standard regulatory requirements for credit risk.
• Advanced level of SAS (essential) and SQL; R, Python or Machine learning (credit decisioning systems) experience will be viewed as highly advantageous.
• 1-3 years in credit modelling with experience managing statistical modelling involving large amounts of data
• Sound knowledge of banking products and trends in banking industry.
• Relevant Australian market experience with strong interpersonal and verbal communication skills.

For the Manager – Retail Credit Risk Models level role, you’ll bring your expertise of staff mentoring, coaching and development with 5+ years credit modelling experience.

What’s in it for you?

• Discounted ING Health Insurance 
• An additional Rest Day to support your wellbeing 
• An IMPACT day to volunteer on an approved sustainability activity 

About Us 
 
At ING, we want to make life simpler and more worthwhile – for everyone who banks with us, for the people who work with us, and the community at large, too. 
 
When you come to work at ING, you’re joining a team where individuality isn’t just accepted, it’s encouraged. We’ve built a culture that’s fun, friendly and supportive – it’s the kind of place where you can be yourself and make the most of whatever you have to offer. 
 
We give people the freedom to think differently, take ownership of their work, and make great things happen. We’re here to help you get ahead. And with our global network, there’s plenty of scope to take your career in new directions, perhaps even ones you’ve never considered. 
 
We are all about celebrating success and as a result we are proud to be a WGEA Employer of Choice for Gender Equality and a certified Family Inclusive workplace.  
 
Sound like the kind of place you’d feel at home? We’d love to hear from you. 
 
(One last thing, ING operates a direct talent sourcing model. So no agency introductions, please.) 

Need more? 
Contact Skye Griffiths on [email protected]

Still in two minds?

At ING, we know that diversity drives innovation. Research reveals that 60% of women and underrepresented groups may pause at this stage, even after starting their application. Don’t miss out on the opportunity to bring your unique perspective to our team – submit your application today!

Applications close Friday 7 June 2024