Are you a MSc student or a last year BSc student in the field of Economics, Finance, Econometrics or Mathematics? Are you interested in bridging the gap between theoretical knowledge and real-world applications? Are you motivated to join a high-performing team to learn about our day-to-day operations, and get work experience towards your future career? Then ABN AMRO’s Market Risk Trading team is interested in having you as their next intern!

In the Market Risk Trading Book internship, you will get hands-on experience in market risk related to all trading and treasury books, covering many different classes of asset within ABN AMRO.
Besides working on the daily monitoring of risk limits and trading mandates, you will create weekly risk reports for senior management, as well as supporting the team on larger projects ranging from regulatory stress testing to automation in Python.

As a Market Risk Management intern, your responsibilities will be:

• Assisting in monitoring the global trading books of ABN AMRO
• Analysing risk with respect to market movements
• Leading and designing risk reports
• Automating processes in Python
• Assisting the team on bigger projects
• Liaising with different stakeholders (e.g. Reporting, Modelling, Trading, etc.)
• Ad-hoc analysis

ABN AMRO is a leading bank in the Netherlands with focus on Northwest Europe. Our team and strategy requires a culture of collaboration and continuous learning – as it is with this mindset that we are able to exceed ourselves, deliver results, and continuously perform at a high standard. ABN AMRO's culture is the catalyst for the evolution within ourselves: our people are resourceful, trustworthy and ready to go that extra mile to help our customers and each other.

Our team in Market Risk Trading Book is part of the Market & ALM/T Risk department, which is divided into 4 teams in total, including Market Risk Banking Book, Liquidity & Capital Risk Management, Trading Credit Risk Control. The department consists of around 30 FTE. Market & ALM/T Risk is responsible for the 2^nd line supervision of Market Risk within Risk Management. The most important business units that we supervise are ALM/Treasury and Global Markets.

We are looking for skilled and high-performing interns, who will help us shape the future of ABN AMRO.

• You are a top student enrolled in a Dutch university with good quantitative skills, either in your MSc or in the final year of your BSc, in Economics, Finance, Econometrics or Mathematics (and related fields).
• You have demonstrable interest in financial products and markets.
• You have programming skills in data frame processing, preferably in Python.
• You have excellent written and spoken English.
• You are able to start in December 2024 or January 2025.
• You are available full time (32 to 40 hours per week) for a minimum of 6 months.

You recognise yourself in the following traits:

• Team player: You are a social person who enjoys working in groups and sharing not only responsibilities, but also a laugh, coffee and, of course, success.
• Enthusiastic and hardworking: You work with passion on your daily tasks.
• Proactive: You have a hands-on mentality and are not afraid of asking questions.
• Puzzle solver: You are detail-oriented, enjoy finding solutions and does not give up.

• 750€ per month (based on a 36-hour contract)
• Travel allowance
• Personal laptop
• ABN AMRO Networking events
• Great office in the biggest dealing room of continental Europe, located in Amsterdam Zuid.
• And not to forget a great team, that supports each other and of course, enjoys drinks after work!

Please apply with your CV and a 1 page motivation letter, clearly indicating your availability.

Does this internship sound perfect to you, but you are not available in the spring of 2025? Fear not! There will be another window for an internship starting around July 2025, which will be open between 15 March and 15 April 2025.

We look forward to getting to know you. Do you have any questions? Please send an e-mail to: it.internships@nl.abnamro.com or jiayuan.li@nl.abnamro.com.

• During my internship at the Market Risk Trading Book team, I gained extensive insights into risk management, derivatives trading and pricing. This hands-on experience bridged theory with practical application further enriching my academic foundation. Through challenging projects, I enhanced my programming skills and learned from an exceptionally supportive team known for their camaraderie and innovative mindset. This contributed a lot to my personal and technical growth. The dynamic environment in continental Europe’s biggest dealing room added an element of excitement to my work. This internship solidified my quant career aspirations. I highly recommend this internship to fellow students, as it offers an invaluable platform for learning, applying and thriving.

Timothy Guo

Junior Quantitative Analyst & Researcher, APG

• From my experience, as an intern at the Market Risk Trading book team, you are responsible for identifying, analysing, quantifying, and managing the banks market risk. Furthermore, you will participate in various projects, where you apply specific knowledge in market risk. The most valuable things I learned are, how to use theoretical risk concepts in the real world, further extension of my knowledge on financial products, how to divide my workday and prioritise tasks, and to interact with highly skilled professionals in the biggest dealing room in Europe. As a consequence, this experience made me grow in every aspect and I would recommend to everyone that has a passion for risk management to be part of this multicultural team.

Georgios Chondros

Associate at Risk & Regulation, PwC Netherlands

• The internship was truly a pleasure to take part in, providing a challenging experience where you will quickly pick up on the trading activities within the bank. The projects are diverse and tailored to your preferences. It is the perfect opportunity if you want to take a peek at the work floor of ABN AMRO.

Sander Tromp

MPhil Econometrics, Tinbergen Institute