Job Opportunities in Netherlands
September 20, 2024
Rabobank
Utrecht
OTHER
Risk Manager Methodology
Job Title
(Junior) Risk Manager Market Risk Methodology
Job Description
You ensure the market risk models of Rabobank measure the risks resulting from the bank’s Financial Markets business adequately and in line with regulatory standards.
You and your job
As a (Junior) Risk Manager Market Risk Methodology you can make a difference by understanding the divers set of products Rabobank trades on international markets and translating the features inherent in these products into risk measures such as Value at Risk or Stress Tests. You ensure the regulatory capital of the bank is calculated correctly according to the FRTB framework.
Furthermore you maintain the statistical models behind the calculations, ensuring input and output of the models is of high quality, and drive improvements in close collaboration with the IT departments and local risk managers.
Practical Examples
You and your job application process
We look forward to your response to the vacancy of (Junior) Risk Manager Market Risk Methodology.
(Junior) Risk Manager Market Risk Methodology
Job Description
You ensure the market risk models of Rabobank measure the risks resulting from the bank’s Financial Markets business adequately and in line with regulatory standards.
You and your job
As a (Junior) Risk Manager Market Risk Methodology you can make a difference by understanding the divers set of products Rabobank trades on international markets and translating the features inherent in these products into risk measures such as Value at Risk or Stress Tests. You ensure the regulatory capital of the bank is calculated correctly according to the FRTB framework.
Furthermore you maintain the statistical models behind the calculations, ensuring input and output of the models is of high quality, and drive improvements in close collaboration with the IT departments and local risk managers.
Practical Examples
- Including new risks in Rabobank’s market risk framework.
- Implementing new regulatory requirements like FRTB.
- Reviewing existing models, identifying improvements and quantifying deficiencies.
- Working with IT to get model changes implemented in the Risk systems.
- Carrying out regulatory exercises like the EBA stress test.
- Explaining jumps in risk measure values to business and management.
- Support the migration of portfolios to a different trading platform
- a Master Degree in Econometrics / Quantitative Finance / Mathematics or related;
- understanding of financial derivatives;
- good programming skills (e.g. Python);
- fluent command of the English language, good communicator and able to write concise reports
- ability to think logically and razor-sharp analytical skills;
- constructive, solution oriented, thorough and a constant learner;
- pleasant team member that is easily approachable;
- preferably some working experience in a banking environment and some basic knowledge of market risk models like Va R;
- preferably a understanding of the regulatory requirements related to market risk.
- 36-40 hours per week, hybrid or on-site in an environment where you keep learning every day;
- Become part of a divers and international team of 10 where you will have a chance and be supported to grow and develop yourself;
- A salary between € 3700 and € 6.000 gross a month (in case of a 36 hours per week contract). Scale 8 or 9 depending on your experience;
- Thirteenth month's salary and 8% holiday allowance;
- Personal budget of € 1.400 per year to spend on activities related to your personal development and career;
- An Employee Benefit Budget (EBB) of 10% of your gross salary to be used at your discretion. Buy extra holiday hours, add more to your pension savings or ask for part of the extra budget to be paid out;
- 100% reimbursement of commuting costs if you travel by public transport;
- A pension scheme to which you contribute 3.5% or 5.5%;
You and your job application process
We look forward to your response to the vacancy of (Junior) Risk Manager Market Risk Methodology.
- If you have questions about the job content, then please contact Erik Maletzky via erik.maletzky@rabobank.com
- For your questions about the recruitment process in general, please contact Joris Opdam, Corporate Recruiter, via Joris.Opdam@rabobank.nl;
- You can find answers to the most frequently asked questions on https://rabobank.jobs/en/faq/
- The application process includes screening. Based on the screening procedures in place at Rabobank, we assess whether new staff are reliable enough to work at Rabobank.
- Applications are open until September 30th, 2024. Responses will be handled in accordance with our vacancy management policy.
We regret to inform you that this job opportunity is no longer available
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