Balance Sheet Manager

Imagine that you protect the bank’s balance sheet and steer the bank’s interest rate and liquidity position by forecasting the balance sheet and associated earnings, based on relevant scenarios identified and defined by you. Join us as Balance Sheet Manager and work in a complex but challenging and dynamic environment, where you have great exposure to C-level as well.

If are you interested in working in a strong analytical Asset Liability Management (ALM) position within Rabobank? Are you able to translate technical issues or topics via your strong storytelling skills into a clear story for other (non-financial) stakeholders? Then please apply for this fantastic job opportunity in Utrecht.

You and your job

Rabobank is a large organization and is facing challenges continuously. To make the bank more future proof, the Balance Sheet Management (BSM) department is enhancing its scenarios and forecasting capabilities.

BSM is positioned at the heart of the Treasury organization and advises the Managing Board and Asset and Liability Committee on ALM topics. Working on forecasting the balance sheet, you have a clear understanding of the key drivers of our balance sheet and relevant internal and external developments. You use these insights to define scenarios to project our earnings, interest, and funding & liquidity position. Together with the other BSM colleagues you manage a EUR 600 bio+ balance sheet and have a significant impact on the bank’s net profit levels.
 

Our expertise is the joined knowledge of financial markets, portfolio management, behavioral modeling, and financial engineering. Why? To create a solid and robust position management framework for the bank. To do so, we always seek to deeply understand what is driving our clients and how this interacts with financial markets and balance sheet developments.

Interesting projects you will work on

Projects/questions that you will be working on are about:

  • “How does the current volatile environment impact our balance sheet?”
  • “What happens in case the growth of retail deposits slows down?”
  • “How will deposit migration impact our earnings?”
  • “What impact does inflation have on our funding & liquidity plan?”
  • “What will be the impact of new regulations on our activities?”

Growing a better world together

You might already be aware that Rabobank is a financial services provider for more than 9.5 million customers in 38 countries. But did you know that we aim to contribute to real change with our 'Growing a better world together' mission? We do so in countless ways, such as:

  • Being at the very heart of Rabobank’s EUR 600bio Balance Sheet, Treasury’s prime responsibility is to deliver a rock-solid bank, today and tomorrow.
  • Treasury’s People Agenda is focused on inspiring its professional employees, supporting them in every way to excel and continuously develop their skills as well as their performance.

You and your talent

  • Academic (preferred quantitative) background/level (e.g., Mathematics, Industrial Engineering, Econometrics, Physics, and/or Business Management)
  • A relevant minimum of 5 years of working experience, where it is a big plus that you have dealt with financial markets before and are able to understand a bank’s balance sheet;
  • Experience with a variety of stakeholders on various levels within the organization;
  • The ability to translate technical issues or topics via your strong storytelling skills into a clear story for other (non-financial) stakeholders;
  • Solid project management skills, as well as being able to act as a linking pin between stakeholders internally and externally;
  • A certain affinity with or willingness to learn Python (or equivalent tooling) is considered a welcoming plus but is not required.

This is what we offer you

  • A contract for 40 hours within a stable organization;
  • A gross annual salary between € 65.553,40 and € 134.290,10 (scale 9/10/11, based on 40 hours per week), strongly depending on your experience and seniority compared with the existing team members;
  • Thirteenth month's salary and 8% holiday allowance;
  • An Employee Benefit Budget (EBB) of 11% 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 either 5.5% or 3.5%;
  • Personal budget that you can spend on activities related to your personal development and career.

This is a selection of the terms of employment for this role, based on a 40-hour working week. You can find all terms of employment on https://rabobank.jobs/en/conditions-of-employment/

You and the job application process

  • Applications are open until October 10th. Apply via the “Apply now” button. Responses will be handled in accordance with our vacancy management policy;
  • If you have any questions about this position, would like to meet a team member or meet us informally, please contact, Jennifer Vervoorn, Head of BSM Planning via Jennifer.Vervoorn@rabobank.com;
  • Sebastiaan Taling, Corporate Recruiter, would be happy to answer any questions about the application procedure via Sebastiaan.Taling@rabobank.nl;
  • We want to use your talent in the broadest sense and would like to look at your response more broadly than this vacancy. Your profile will be included in the Talent Board CFO. If you object to this, you can indicate this by e-mail at Finance.risk@rabobank.nl;
  • 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;
  • Your privacy is important to us. Do you want to know more, click on this link.

Diversity & Inclusion policy

Rabobank pursues an active diversity policy. This is done by striving for diversity in terms of gender, cultural background, age, etc. when composing teams. Also by creating a corporate culture in which people are open to each other's background and no one is excluded. This is part of our social position, and as a result, our services will be more in line with the wishes of customers. So you can be who you are. More information about diversity and inclusion can be found at https://tinyurl.com/RaboDiversity

We look forward to your application!

Balance Sheet Manager

Type contract Fulltime
Vakgebied Finance & Risk
Locatie Utrecht (Nederland)
Referentienummer JR_00073063
Publicatiedatum 23 september 2022
Reageren tot 10 oktober 2022

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