Junior Model Developer

ING is looking for graduates in STEM or economic disciplines to join the Bank-wide Credit Risk, ESG Risk development teams, or the Risk Strategy and Oversight group.

We are hiring resources to be based in Milan within the following departments:

• Bankwide Credit Risk Models
• ESG Risk Models
• Risk Strategy and Oversight

We are seeking junior developers or recent graduates with a strong interest in model development within the banking and credit risk domain, willing to apply their quantitative and technical skills to support our model development teams.

Key responsibilities

• Join a model development team and progressively take responsibility in supporting activities across the full model development lifecycle: methodology definition/application, data collection and analysis, development, calibration, documentation, and monitoring
• Contribute to interactions with supervisory authorities and collaborate on testing, validation, internal audit, and production release activities
• Work closely with experienced colleagues throughout the model lifecycle
• Contribute to portfolio and in-depth analyses supporting both business-as-usual model usage and ad-hoc initiatives requiring advanced understanding of model functioning

Who we are looking for

• Master’s degree or PhD, preferably in Econometrics, Physics, Statistics, Mathematics, or Engineering
• Ability to read and interpret data using office tools, programming languages, and GenAI tools; practical knowledge of GenAI is considered a plus
• Basic knowledge of the banking regulatory framework (ECB, EBA) is a plus
• Strong knowledge of data modelling and coding tools (Python, R, SAS)
• Good communication skills
• Strong analytical and problem-solving capabilities, with solid execution skills
• Creative and innovative mindset
• Team player
• Good command of English

Working conditions: Full Time

Duration: Permanent

Location: Milan (hybrid)

About ING

ING offers many opportunities to build a diverse and rewarding career. You will be joining an international innovative digital bank, the first in Italy to adopt a fully flexible smart working model, and you will be working in a stimulating environment where you can grow both as an individual and as a professional. Our purpose - empowering people to stay a step ahead in life and in business - represents our belief in people’s potential. We don’t judge, coach or to tell people how to live their lives. We empower people and businesses to realize their own vision for a better future.

#doyourthing is our brand direction with us each and every day. It is how we articulate our purpose and our promise to make banking frictionless to the world.

‘do your thing’ is about people being free to live the life they want to live, knowing that they will make their world a little better for it.

Do you think you are "a step ahead"? Apply now!

The benefits of joining ING

In addition to being a part of a great team, working in a fun and innovative environment, we offer:

• Super flexible smart working
• Competitive base salaries and performance based bonuses
• Diverse cultures & Innovative mindsets
• International Environment
• Commitment to sustainability
• Lots of training development opportunities to help you grow
• Lots of moments dedicated to physical and mental well-being
• A special day off when it is your birthday: we call it #doyourbirthday!
• And of course we can’t forget: free water & coffee at the office!

Our Commitment

Diversity is a fundamental element of our corporate culture, and we are fully committed to creating a safe and inclusive environment, based on mutual respect and the value of diversity, offering equal job opportunities to all qualified candidates.

Job Application Safety Reminder ⚠️

We’re seeing an increase in fraudulent job offers. To protect yourself, please follow these key guidelines when applying for roles at ING:

· Apply only via official ING platforms: ING uses Workday as its internal recruitment system. Applications should be submitted only via our official career site.

· Check the sender’s email carefully: legitimate communication will always come from: @ing.com and/or @myworkday.com

· No payments or banking details will ever be requested. If someone asks for this information, it’s a scam.

If you suspect suspicious activity, report it immediately. Your safety matters to us.