Quantitative Analyst

**Quantitative Analyst - Trading Pricing Model Validation**

**Pricing Model Validation at ING is looking for an enthusiastic junior or mid-level Quant** **who **has passion for derivative pricing models**

Pricing Model Validation is an international team of highly qualified professionals. The team is responsible for validating derivative pricing models used by ING Financial Markets. We are a global cross-asset team covering all traded products in all trading locations of ING around the world. The position is open in Singapore. The team is part of Model Validation Trading Book Risks within the Model Risk Management department.
**What you’ll do**
- Perform validation of pricing models, where you critically look at the proposed model, analyze model suitability and its shortcomings, quantify missing risk, develop alternative models, and make final judgement on the quality of the model.
- Develop and maintain the programming library, which is used for analysis of the models and for asserting of the accuracy of the implementation.
- Write high quality validation reports, discuss your findings with colleagues, front office quants and traders, and senior management. Present your reports at the corresponding committees.
- Perform ad-hoc analyses for acute business needs.
**Who are we looking for**

We are looking for an enthusiastic colleague who enjoys analyzing pricing models, investigating alternative approaches, coding sophisticated models, and writing high quality validation reports.

**You have**:

- Quantitative background. You have a PhD or MSc degree in quantitative finance, econometrics and STEM (Science, Technology, Engineering and Mathematics).
- Good knowledge of financial mathematics. You know the theory of stochastic calculus and derivative pricing and familiar with the modern features like multi-curve pricing of IR derivatives and IBOR reform.
- Solid programming experience, preferably in C++ and Python.
- Good English writing skills. You are accurate and skilled at drafting reports.
- Strong verbal communication skills. You present your work to your model validation colleagues, front office quants, traders, senior management, and are able to defend your stand point in plain language.
- Constructive attitude, pro-active team player, but can work independently on your own task.
**What we offer**

There has never been a more interesting time to work at ING. We’re on a journey that’s centered around our customers, powered by technology and driven by smart, determined people. We offer you flexibility to determine your own course, responsibility and an environment where you can empower yourself and others to grow, learn, and create impact. We care about an adequate work-life balance and we empower our colleagues to realize their ambitions: “Do your thing.”

**In short, we offer**:

- Challenging, interesting and evolving job career.
- Competitive salary tailored to your skills, competences, experience and performance.
- Flexible work environment, with the possibility of working from home.
- Progressive way of working according to the Agile method, so that new ideas come to life steadily.
- Friendly working environment with innovative colleagues who share your passion and drive for the best
- Time and support for personal development, including courses.
**Interested to learn more?**

Watch and read why your potential future colleagues love modelling at ING by clicking below links: