JobMesh

Product Owner MVFR Banking Risk | GJA 18

ING Nederland · Amsterdam, North Holland, THE NETHERLANDS

This vacancy was posted internally before (1-4-2026 / 10-4-2026) Team description As a Product Owner within the Model Validation Financial Risk (MVFR) team,...

Job description

This vacancy was posted internally before (1-4-2026 / 10-4-2026) Team description: As a Product Owner within the Model Validation Financial Risk (MVFR) team, you play a crucial role in safeguarding ING’s financial stability by ensuring that models used for banking book risks are robust, compliant, and fit for purpose via timely validations, among others. You will work alongside high-value specialists in a dynamic, global environment, facing evolving regulatory requirements and strategic challenges. Specific Function: Model Risk Management (MoRM) in a nutshell; Models are an imperfect reflection of reality. Models impact our business and we use models for decision making throughout ING. We need to manage uncertainties and shortcomings in our models, as there are risks involved. Are we sure that the output leads to the right decision? Models are a great asset but come with a risk that needs to be managed. The purpose of the Model Risk Management department is to ensure that models drive business value safely. That's why we've created a cross-domain Model Risk Management Framework helping us identifying, classifying, recording and validating models we use across ING. For example, Cred...