Junior QRM Risk Manager
Junior QRM Risk Manager
Contribute to the calculations and reporting on Interest Rate and Liquidity Risk for Rabobank’s 600 billion+ balance sheet.
You and your job
Being a Junior QRM Risk Manager within the Chapter QRM in the Treasury ALM tribe means you are focused on forecasting Net Interest Income (NII) of Rabobank and measuring both Interest Rate Risk in the Banking Book (IRRBB) and Liquidity Risk. You will do this by using and developing our balance sheet management tool QRM. It offers unique insights into Rabobank’s global balance sheet. Results are shared with our stakeholders in Treasury, Finance and Risk, and include several decision-making committees plus external regulators. You will work in the dealing room for the Treasury department. This means you are at the heart of the bank. A very dynamic environment providing you with many opportunities to develop yourself!
Practical Examples
• Producing monthly reports for Rabobank’s ALCO (asset and liabilities committee).
• Integrating the latest regulatory requirements for CSRBB into our calculation and reporting framework.
• Deep dive with stakeholders into the Rabobank’s balance sheet.
• Provide specifications to IT teams to make sure accurate calculations are taking place in QRM.
Facts & Figures
• 43,822 Rabobank colleagues around the world
• 600+ billion balance sheet
• 36/40 hours per week
• Best of both worlds: work from home and spend 2 days a week at the office to engage with your colleagues
• Diverse team with 50% international colleagues
Top 3 responsibilities
• Taking ownership for the quality and timeliness of reporting.
• Meeting the challenge of analysing balance sheet and market developments, and of exploring quantitative tools to maximize efficiency and accurateness in measurement and reporting.
• Align frequently with main stakeholders (BSM, IT, Modelling, Risk).
Together we achieve more than alone
We believe in the power of difference. Bringing together people's differences is what makes us an even better bank. So we are very curious about what you can bring to our team at the Chapter QRM in the Tribe Treasury ALM.
“It is great to work together with a group of professional and nice colleagues providing a complete overview of the interest rate risk-, liquidity-, and intercompany positions of Rabobank Group using different tools. Being able to finish all the risk reports in the most accurate and efficient way before strict deadlines is certainly satisfying.”
Jordy Jennissen, Risk Manager QRM
The 31 people in Chapter QRM are committed to provide timely high quality reporting and analysis to support the management of Rabobank’s balance sheet effectively. Working together is the way we work; as one pragmatic and focused team at Rabobank.
Talking of Rabobank: We are a Dutch bank that operates in 38 countries for over 9,5000,000 customers. Together with these customers, our members and partners we stand side by side to create a world in which everyone has access to enough healthy food. In the Netherlands we work to create a country in which people are happy with how they live, work and do business.
You and your talent
• Good with numbers. Preferably a financial Master;
• Knowledge of financial market products;
• Affinity with analysing numbers;
• Able to work with large data sets and software such as SQL;
• Helicopter view of the banking business;
• Pragmatic and eager to deliver your quality work timely in a structured manner;
• Strong communication skills, both verbal and written
• A pro-active attitude and eagerness to learn
• Enjoy quantitative puzzles
This is what we offer you
• A gross monthly salary up to EUR 5.024 (scale 8) depending on your experience level;
• A thirteenth month and holiday pay, with the option to pay out monthly;
• An Employee Benefit Budget (11% of your monthly salary). You decide how to spend this budget. This may include purchasing extra leave days, making extra pension contributions or receiving a monthly cash pay-out;
• A personal budget that you can spend on activities related to your personal development and career;
• Working from home allowances and remuneration of internet costs;
• 100% reimbursement of commuting costs if you travel by public transport! Do you still prefer to travel by car or (motor)bike? Then choose a commuting allowance;
• A flexible pension scheme, in which you can choose between two contribution factors
This is a selection of the terms of employment for a Risk Manager based on a 40-hour working week. You can find all terms of employment on https://rabobank.jobs/en/terms-of-employment/
You and the job application process
Reply to the vacancy for Risk Manager QRM at Rabobank before January 21st.
• Any questions about the job content? Contact: Tim van Lent, Chapter Lead QRM via Tim.van.Lent@rabobank.nl
• Any questions about working at Rabobank and the process? Mail the recruiter Monique.Visser@Rabobank.nl
• We will hold the interviews through a video call.
• You can find answers to the most frequently asked questions on rabobank.jobs/en/faq.
• A security check is part of the process.
• We respect your privacy.
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