Financial Risk Officer

DB NL Credit Risk Management is looking for a Financial Risk Officer for the Consumer portfolio.

The team
Tribe Credit Risk Management (CRM) is an enthusiastic and diverse team of 33 highly qualified professionals spread across three teams: Credit Risk Management Private Individuals, Credit Risk Management Private-, Wholesale- and Business Banking and Credit Risk Management Risk Analytics.

We are responsible for managing the credit risks in the lending portfolios of all segments in the ING NL book (approximately EUR 220bn). We do this by setting and managing risk appetite, developing and maintaining compliant policies and monitoring the portfolios using data driven analyses. We closely cooperate with our business stakeholders in order to contribute to better business while proactively managing the associated credit risks.

We are at a decisive moment in designing the future of credit risk management, for which one of the fundaments will be to further unleash the potential of data driven credit risk management.

Credit Risk Management Private Individuals is in the core of this change in which risk appetite, capital, provisions, policy setting, credit decisions and monitoring will be connected to each other through data. Transformation of the Credit Risk Management Private Individuals team in a data driven way will ensure risk management by design and as a result contribute to better business while keeping the bank safe and compliant. The ability to justify decisions based on underlying data is also one of the key regulatory requirements.

Roles and responsibilities
The Credit Risk Management Private Individuals team will be responsible for providing the skills and competencies required for:

• Managing the credit risk appetite framework and its implementation.

• Managing credit risk performance of the portfolio through a number of tools.

• Setting knock out rules, key risk indicators and policy settings.

• Facilitating efficient implementation of the rules and policies.

• Monitoring compliance to the rules and initiating actions based on the results.

• Driving ongoing data driven automation of rules to decrease reliance on expert judgement and replace and automate this through data where possible.

• Increasing the percentage of automated credit decisioning at approval and throughout the full lifecycle of the loan.

• Monitoring credit risk performance of the portfolio and using this information to manage the portfolio through the available tools.

• Ensuring efficient implementation and monitoring of relevant credit risk regulations through local policy compliance to Group and Retail Credit Risk policies.

• Managing stakeholders at local level with the 1st line and service tribes as well as with Group Policy and Global Retail Credit Risk.

• Defining new ways to further improve credit risk management by making use of new techniques such as AI.

The scope of the team is Private Individuals and covers all products and segments, including NL Mortgages and Unsecured Lending.

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.

• You have at least 5 years of experience within Credit Risk, preferably for Consumer portfolios, including policies, portfolio analysis and implementation activities.

• You have firsthand experience with regulatory topics and processes.

• You have performed analytical tasks in previous roles and are able to design and drive qualitative and quantitative analyses.

• You are able to perform quantitative analysis in Excel at an advanced level.

• You have proven programme and process management skills, including complex project execution, change management and regular reporting to senior stakeholders and regulators.

• You have experience with the Consumer segment, either in the Netherlands or internationally, in 1st or 2nd line roles.

• You have a thorough understanding of consumer credit processes.

• You have a strong understanding of consumer products and related regulation, particularly local regulation.

• You have experience with Credit Risk regulation, including interpretation and implementation.

• You have experience with Dutch consumer-related regulation.

• You have strong verbal and written communication skills in English and Dutch.

• You have a proven track record of driving and implementing change.

• You are driven by a desire for deep understanding and impact.

• You are stress resilient and able to prioritise and manage yourself effectively.

• You continuously develop yourself professionally and are passionate about Credit Risk topics.

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
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Discover what we do and what we can offer you.

Questions?
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Contact the recruiter attached to the advertisement. Want to apply directly? Please upload your CV and motivation letter by clicking the ‘Apply’ button.