Lead Regulatory Centre of Expertise- Product & Business Development

Financing Solutions (FS) is the Credit Engine of ABN AMRO, providing clients from all client segments with the best suited credit solution. Financing Solutions cover all loans > EUR 1 mln and all CRE loans while for Program Lending, Financial Solutions will provide the back and/technology as well via the grid. FS offers its products across sectors via both standardized as well as customized solutions, depending on the client's needs and profile.

FS consists of 8 departments Lending Support, Convenience Lending, Expertise Lending, CRE & Shipping Lending, Specialised & Syndicated Lending, Corporate Investments, Product & Business Development and Lending Transformation. It is also responsible for the bank-wide Future Credit Domain (''FCD'') Program. This program is responsible for elevating credit risk management by delivering a future-proof, regulatory compliant IT and system landscape to support the credit risk lifecycle.

As Lead Regulatory Centre of Expertise, you help realise the delivery of the ABN AMRO and Financing Solutions strategy: a Personal Bank in a Digital Age. You report to Head of Product & Business Development and are responsible for approximately 9 colleagues. Your main responsibility is to ensure a long-term oversight and pro-active advice on upcoming policy and pending regulation and impact thereof. You define regulatory objectives based on the policy framework, enables a sound control framework and partners with the 2nd line to deliver policies aligned to our bank wide strategic ambitions for the credit product.

In your role as Lead Regulatory Centre of Expertise within Product & Business Development you are responsible for:

• 1st Line Policy adherence, ensure consistent policy framework that aligns with FS / FCD aspirations, strategy and risk appetite and provide advice accordingly and manage policy standards under 1st line ownership
• Oversight of long-term pending regulation and proper interpretation of regulatory requirements
• Analysis of business impact following upcoming regulations, impact DPOT setting, strategy, risk appetite and RWA
• Providing advice on regulatory interpretation from an implementation perspective and support to regulatory programmes
• Continuous monitoring of existing implemented regulation in the context of latest interpretation and/or supervisory expectations
• Informing MT FS (and where relevant other stakeholders) on upcoming regulatory impact and preparing Head FS for regulatory committee
• Regular interaction with external parties to stay informed on regulatory developments and their impact as well as benchmarking implementation practice with outside in views
• GPAC preparation and secretariat

• You engage in a dialogue and wins the hearts and minds of individuals and teams. Invites and uses the opinions and perspectives of others
• You are responsible for the optimisation of processes and procedures within your area of attention in line with external legislation and rules and in line with internal policies.
• You put clients’ interests first and take into account (possible) risks for the bank.
• You point the way for the further development of the area of expertise and secure commitment to this at a strategic level.
• You determine the relevance of internal and external developments to business lines, and initiate and implement necessary adjustments in your area of responsibility
• You generate excitement for, and encourage commitment to, the team’s mission.
• You create strategic alliances.
• You create support for culture and set an example.
• You publicly challenge the status quo by comparing it to an ideal or the need for change.
• You persuade influential people to arrange for action to be taken with respect to identified values
• You mobilise teams to collaborate, enable execution and get the right results

General

• Academic education level
• Understanding of credit risk and regulation
• A least ten years relevant lending experience, understanding and experience of credit risk and regulation
• A least ten years relevant lending experience
• At least five years managerial experience

Specific

• In-depth knowledge of a broad range of lending products and general knowledge of other banking products and services (being able to make the connection)
• In-depth experience and understanding of credit risk and regulation
• Knowledge of change management
• In-depth knowledge of a broad range of lending products
• General knowledge of other banking products and services (being able to make the connection)
• In-depth experience with change management
• Knowledge of macro-economic and external market developments (current and upcoming) and their impact on the credit risk managed within the department
• Skilled in stakeholder management (across all colleagues)
• Inspires and enables others around the Why and What of the ABN AMRO purpose and strategy and its translation for the Corporate Bank, Financing Solutions, Lending Transformation and the Future Credit Domain
• Encourages and empowers teams to challenge the status quo and experiment
• Proven leadership skills: leads change, by communicating explicitly what must change, why changes are necessary, and what desired outcomes will be
• Being mindful and adjust communication style to different audiences
• Deals with ambiguity by effectively setting priorities, balancing the short and the long term
• Continuously strives for innovation in client value propositions and proactively responds to changes within and outside the company. With a vision of the industry in mind

Other personal characteristics

• Role model to our values: care, collaboration and courage
• Strong execution capability
• Natural relationship builder who strives for constructive cross department collaboration

• The gross monthly salary displayed above is based on a 36-hour work week, including vacation pay and benefit budget.
• The Benefit Budget is 11% of your salary. The Benefit Budget allows you to acquire additional employment benefits. If you make no purchases or reservations in the Benefit Shop in a given month, you are paid one twelfth of your Benefit Budget that month.
• Five weeks of vacation per year. You have the option to purchase an additional four weeks per year.
• Personal development Budget of € 1,000 per year, which you can accumulate up to € 3,000.
• Possibility to work from home (in consultation with your team and depending on your position).
• An annual public transport pass with free public transportation throughout the Netherlands.
• An excellent pension scheme.

In case you have any questions after reading this vacancy please get in touch with Michael Hienkens (Head of Product & Business Development) via michael.hienkens@nl.abnamro.com or Ilse Wissink (Business Manager Head of FS) via ilse.wissink@nl.abnamro.com. Please submit your motivation letter and CV in English.

We look forward to hear from you.

The success of our organisation depends on the quality of our people and the ideas that they have. Truly surprising insights and innovative solutions for our clients result from an interplay of cultures, knowledge and experience. Diversity is therefore extremely important to our organisation. To ensure that everyone at ABN AMRO can develop their talents, we encourage an inclusive culture in which all colleagues feel engaged and appreciated.