Group Strategy is ABN AMRO’s internal strategy consulting department and serves as the strategic accelerator of the bank. The financial industry is undergoing major and fundamental changes, driven by evolving customer needs and expectations, the just transition to a net-zero economy, technological developments and regulatory change. This requires a proactive response and the Group Strategy team is instrumental in positioning ABN AMRO for the future.

Group Strategy conducts strategic projects with high impact and relevance for the three ABN AMRO client units (Personal & Business Banking, Wealth Management and Corporate Banking) and its subsidiaries. Projects are conducted in multidisciplinary project teams that work closely together with client units and in close cooperation with the top management of the bank. The team resides within the Strategy & Innovation department of ABN AMRO which reports directly to the CEO.

During the internship (3-6 months) you will work as part of a young, diverse and ambitious team on specific components of a project conducted within ABN AMRO. The Group Strategy team originates from a wide range of backgrounds, nationalities and competencies, both from inside ABN AMRO and externally (e.g. external strategy consultancy and investment banking). Since its inception in 2017 the team has conducted numerous projects, working on a wide range of subjects such as:

• Near & long-term vision and strategic agenda – supporting the Executive Board in driving and prioritizing the vision and strategic agenda on corporate level, for all client units, based on outside-in trends & benchmarks and (human and technological) capability assessment
• Cross-border value creation – analyzing and assessing activities in all countries in ABN AMRO’s footprint on performance, future outlook and improvement potential; assessing where to divest and where to invest
• Inorganic growth options, including strategic assessment of M&A opportunities
• Design of (digital) value propositions, business and service models for focus client segments

You will be joining a team of 15-20 consultants, working hybrid out of our Amsterdam HQ and home office (typically 50/50). We work closely with the senior management in the bank, but our projects span all layers and functions of the bank.

As a Group Strategy intern you will have the opportunity to help shape the future of ABN AMRO. You identify trends and developments in customer needs, technology and competition, impacting ABN AMRO strategy. As an intern within Group Strategy, you are considered a core team member and therefore staffed as such within one or more active projects. We provide clear guidance through 1-on-1 mentorships and a concrete development plan designed at the start, including required trainings. Altogether, this makes the role as intern a challenging and demanding role. Therefore, we are looking for highly talented and enthusiastic colleagues matching the following description:

Characteristics
• Intrinsically motivated & fiercely results oriented
• Curious & innovative
• Analytically driven – strong quantitative and analytical capabilities
• Good problem solving skills – structures issues logically and creates practical ideas
• Good sense of humor & pleasant to work with
• Available for 3-6 months, but exact timelines can be discussed

Knowledge and experience
• Excellent academic track record (Bachelor or Master degree); degree(s) with a strong quantitative component preferred;
• Strong English language skills, both written and spoken;
• Proven affinity or connection with the Netherlands. Examples include the ability to speak Dutch, previous study or work experience and/or a personal connection to the Netherlands.

An interesting internship where you gain a wealth of practical experience in an environment where there is plenty of room to learn and develop. We offer a market-based internship allowance and good coaching. ABN AMRO invests a lot in the training and personal development of young talent, in which internships play an important role.

Within Group Strategy you will be able to develop your analytical, conceptual and consultancy skills. We do everything to get the best out of our people and believe and invest in their success. You will be empowered to perform qualitative and quantitative analyses and develop a thorough understanding of complex problems. The broad exposure to the bank and early cooperation with its decision makers guarantee a steep learning curve. You will work on your skills in a dynamic and fun team that works closely together and helps you to make progress.

Your internship is not only about acquiring substantive knowledge and practical experience, but also about increasing your network. Our internal network of ABN AMRO interns regularly organizes network events where you can meet other interns and get to know the bank better. You will gain a 360 degree understanding of both ABN AMRO group and strategy consultancy, which makes this position an ideal one should you aspire to move into a strategic consulting position in general or a more specialist role within the financial services industry.

For further information please contact Ted Stutterheim, Senior Associate in Group Strategy via ted.stutterheim@nl.abnamro.com. We look forward to hearing from you.

Acquisition following this vacancy is not appreciated.