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ESG Modeling Analyst

ING Bank Personeel
Full-time
On-site
Amsterdam, Netherlands

At ING, we recognize the need, and our responsibility, to take impactful actions to address climate risks and opportunities. That is why in 2021 we set the ambitious goal of aligning our lending portfolio with a net-zero future by 2050 or sooner.

To do our part to help the world achieve the goals of the Paris Agreement, ING is focused on driving responsible climate choices within the organization and beyond. As a part of this commitment, ING has established an environmental, social, and governance (ESG) risk department to identify, assess, quantify and measure the risk that need to be reflected in the bank’s risk appetite.

The team

The ESG Risk team is a team dedicated to assessing and managing ESG risk across the bank, both from an inside-out and outside-in perspective. Following societal awareness and regulatory scrutiny on ESG, the team is taking on the challenge to embed ESG Risk across all parts of the organization, seen as a driver of traditional risk types. Candidates will have the opportunity to work across a wide variety of ESG-related projects, ranging from developing climate risk models and methodology to steer ING’s portfolio and risk management practices to interpreting and embedding upcoming regulatory requirements (e.g. CSRD, EUT, etc). Candidates should be able to meet tight deadlines and work well in a continuously evolving environment.

Roles and responsibilities

The ESG risk department which is part of the CRO domain is growing and requires outstanding, innovative, and engaging professionals to join our team. The focus of the team is set on:

  • Risk identification: classifying assets according to their ESG characteristics in order to support the identification of ESG risks based on specific qualitative and quantitative indicators.

  • Evaluation: Develop methodologies, policies and processes to measure and assess the potential impact of ESG risks on ING’s exposure.

  • Action: Based on the results derived from the evaluation, subsequent actions to incorporate ESG risks through the adoption of a business strategy and risk management approach that support the monitoring and control of ESG risks, including targets and limits, changes in the underwriting criteria as well as any changes to the organisational set-up of ING when appropriate.

We aim to help the bank understand the environment in which it operates and identify the actions that could be taken in order to manage the risk effectively.

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.

  • Degree in sustainability, engineering, environmental science, Computer science, Physics, Statistics, Econometrics, Mathematics, Ops research, Engineering.

  • Programming experience in SAS or another similar programming language.

  • Broad work experience in modelling and/or validation of credit or market risk models.

  • Experience in the use of visualization tools is a plus.

  • Fluent English language skills.

  • Is creative and curious.

  • Ability to work well under pressure and tight deadlines and willingness to go the extra mile.

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. You can find out more about our employment conditions at https://www.ing.jobs/netherlands/Why-ING/benefits.htm 

The benefits of working with us at ING include:

  •  A salary tailored to your qualities and experience 

  • 24-27 vacation days depending on contract

  • Pension scheme

  • 13th month salary

  • Individual Savings Contribution (BIS), 3.5% of your gross annual salary

  • 8% Holiday payment

  • Hybrid working to blend home working for focus and office working for collaboration and co-creation

  • Personal growth and challenging work with endless possibilities

  • An informal working environment with innovative colleagues

About us

With 60,000 employees and operations in approximately 40 countries, there is no shortage of opportunities for people with initiative who want to help people take a step ahead in life and in business. Do you want to work at the cutting edge of what’s possible and at the same time ensure you work with integrity and hold the customer’s interests at heart? Do you want to be surrounded by progressive, inspiring, diverse and supportive colleagues? Then there is no better place to invest your talents than at ING. Join us. Apply today.

Questions?

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.

Please note, multiple interview steps involving various business stakeholders will be part of the selection process.