Treasury and Collateral Officer

ABN AMRO Clearing Bank (AACB) is a global leader in the domain of clearing, offering access to a wide range of listed instruments on markets across the globe. AACB has been designated as systemically important with respect to the securities domain. As such, it is closely monitored by Regulators and Central Banks and being “In control” is therefore critical with regards to all processes within AACB. The Treasury & Securities, Borrowing and Lending (SBL) departments keep a watch on the banks liquidity position and ensures that sufficient liquidity and collateral is on deposit. The department develops and executes the Treasury & SBL policies in order to minimize liquidity risks and maximize profit while maintaining the balance in the interests of the customer and the bank, where the customer’s wishes and needs are key.

As a Treasury and Collateral Officer, you are responsible for efficiently covering the exposures with our street side counterparties. AACB has a wide range of products and clients which trade on 160+ exchanges around the globe. As a General Clearing Member, AACB has the obligation to settle transactions to the Central Counterparties (CCPs) and Over-The-Counter (OTC) counterparties.

• Our trading department (Securities Finance) is in charge of covering the short sale transactions from our clients by borrowing equities and/or ETFs in the lending market so that our obligation to settle short selling transactions can be fulfilled in time. The exposures arising from these activities need to be collateralized with either cash or non-cash collateral in a timely manner.
• You are our face to our street side counterparties and internal stakeholders to make sure all our obligations are made on time and in the most (cost) efficient way possible.
• After the training phase on the desk, you are expected to actively work and think along together with the team on projects to optimize and/or automate processes on the desk.
• Not only will your focus be on the collateral bilaterally, but you will also be expected to work on cash- and CCP collateral management activities.

If you are looking for an exciting job in which the market circumstances determine the busyness of your day then we are looking for you!

You are part of the Treasury/Collateral team from AACB consisting of 8 FTE. This team is part of the department Treasury & Securities Finance which is divided in 5 different departments: Treasury/Collateral, Securities Finance, Securities Borrowing & Lending, SF Post Trade Support (PTS) and Commodity Repo Services (CRS). You are working together closely with the four other departments to cover the exposures as efficient as possible and at the same time minimizing the risk for AACB.

• Relevant finished Degree, preferable in economics or finance.
• Good communication and networking skills.
• You keep your head cool under stress and time pressure.
• You possess excellent numerical and analytical skills.
• You work accurately.
• Pré: Knowledge of programming languages like VBA or Python (no hard requirement, you have the possibility to learn this on the job).
• Pré: Relevant working experience.

The chance to start or grow your career at a top three clearing firm in the world. It is an independent role with responsibility in a dynamic international environment and enough room to grow next to your job. Depending on your work experience this job will be in job level Hay 8 or Hay 9.

• 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.

Interested? Apply! For more information about this position, you can contact Jordy van Aalst (Desk Manager Treasury Europe) via jordy.van.aalst@abnamroclearing.com. We look forward to meeting 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.

External recruitment agencies need to have a signed agreement with ABN AMRO BANK N.V., executed by a Talent Acquisition Specialist, when submitting a resume to a vacancy. In addition, a recruitment agency can only submit a resume when invited by a Talent Acquisition Specialist to join the search for a right candidate. All unsolicited resumes sent to us will be considered property of ABN AMRO BANK N.V. In this case, ABN AMRO will not be held liable to pay a placement fee.