Bank Supervisor Operational Risk and Data

Contribute to financial stability and sustainable growth as Bank Supervisor Operational Risk and Data at DNB

You have an impact!

Do you want your work to have an impact on financial stability and on the banking sector´s ability to support sustainable growth? As a supervisor focusing on operational risk and data at DNB you can do so by leveraging on your analytical and (inter)personal skills in a stimulating and professional environment. You will be at the center of European banking supervision dynamics and will supervise one of the most systemically important bank in the Netherlands. You will be part of an intercultural team of European supervisors, in a dynamic environment.

You will be part of the Single Supervisory Mechanism (SSM) and will work in a Joint Supervisory Team (JST) , a team of supervisors from DNB, the European Central Bank (ECB) and a number of European supervisory authorities. The JST’s task is to assess the prudential risks the bank faces and ascertain that the Supervised Entity is equipped to manage those risks properly.

What exactly does the position entail?

Within the team, you are a member of the JST’s operational risk and data cluster.

Your main responsibilities will include:

• You will specifically focus on risks and risk management and controls in the areas of e.g. data management and quality, business processes, conduct, compliance, legal, products and business practices as well as on operational risks in other risk areas such as credit and market risk.
• You will address operational risks that are out of appetite and identify relevant emerging risk drivers such as Fintech, climate change and macro-economic trends.
• You will participate in risk assessments, recommend risk mitigation actions and monitor the bank’s follow up.
• You will design strategies to influence the bank to reduce its risks and strengthen weaknesses in its operational risk and data management frameworks.
• You will have regular meetings with the bank’s (senior) management to discuss, among other things, the bank’s adherence to its operational risk framework and to communicate the outcome of your assessments and recommendations.
• You will share your findings with your colleagues from the JST and/or within DNB through (written) analyses or presentations to allow banks’ risk profiles to be assessed consistently and facilitate decision-making about necessary supervisory measures to be taken.

This is where you will be working

As a supervisor focusing on operational risk and data management you will be based at DNB in Amsterdam. DNB is part of the European Single Supervisory Mechanism (SSM) .

You will work in the DNB Division that is tasked with supervising all Dutch Significant Institutions. Your team is tasked with the supervision of one of the largest banks in the Netherlands. The JST consists of around 45 professionals, of which one third is based in Amsterdam, with various nationalities and backgrounds including legal, economics, finance and accounting. Working for the SSM means that you will have to occasionally travel abroad (e.g. to the ECB in Frankfurt) for training, on-site inspections and other activities.

What will you contribute?

At DNB you will be working together with dedicated professionals. You need to be decisive and have strong analytical skills. Our supervisors have an ability to exert influence. You therefore should have highly effective powers of persuasion, you are good at maintaining professional relationships and have a clear communication style. You always remain critical, keep asking questions and can hold your ground in difficult discussions. Above all, you are a team player: you are at ease with sharing your knowledge and findings with your colleagues so as to ensure your team can perform better.

What else are we looking for?

• You hold a Master’s degree in a relevant area, with a preference for a quantitative background (e.g. Economics, Econometrics, Mathematics, Data Science etc.);
• You are a professional with a minimum of 3 years of professional experience preferably gained in the field of operational risk and data;
• You are able to understand complex issues and identify and summarize the results of your assessment in formal writing in English;
• You have knowledge of banking processes and you understand the underlying challenges banks are facing in this risk area.
• You are a knowledgeable sparring partner for your various stakeholders. You communicate clearly and you are at ease in a multicultural environment;
• You have experience in setting priorities and working under time pressure;
• You have an advanced (C1) command of English and an intermediate (B1) command of the Dutch language, according to the Common European Framework of Reference for Languages . If you have no command of Dutch yet, you are willing to learn the language.

This is what we offer you

A 36-hour working week right at the heart of today's financial and economic current events. With a reliable and socially involved employer in Amsterdam, who constantly responds to the changing requirements of our environment. And that continuously innovates. As an institution, we are at the heart of society. We think diversity and inclusion are important and valuable. Different perspectives, backgrounds and insights increase our thinking power. It doesn't matter who you are, where you were born, what you believe in and who you love. We are especially curious about your drive for social impact. Wondering how we do it and what our colleagues think about it? Read and watch more here . This will offer you a wealth of opportunities to develop and gain new experiences, both in the Netherlands and abroad. You will initially be working on a one-year contract, with the prospect of an extension, provided you have performed well and our organisation has not undergone any changes that affect your job.

The other excellent terms and conditions of employment for this position are:

• A salary of at least € 3.900.-- and a maximum of € 6.500.-- gross per month, which amounts to a gross annual salary of at least € 58.000,-- and a maximum of € 95.000.--, based on a 36-hour working week (including 13th month and holiday allowance). The final salary depends, among other things, on your expertise and experience.
• Free choose when you want your 13th month, 8% holiday allowance calculated over 13 months and a freely disposable personal budget of 5.9% of your 12-month salary to be paid out.Your pension entitlements will accrue under a career-average scheme including provisional indexation, with a 6.83% employee contribution.
• Full reimbursement of your public transport costs for commuting ór reimbursement of your costs with your own transport, at € 0.23 per km. It is possible to travel 1st class. A personal contribution of € 25 per month applies for this.
• An internet allowance of € 50 net per month.
• Plenty of opportunities for professional and personal development through education and training.
• A healthy work-life balance. In this position, it is possible to divide your working week into 4 9-hour days.

Apply now!

If working with an impact as a Bank Supervisor Operational Risk and Data appeals to you, then don't wait but send us your job application straight away! Please send us your motivation letter and full cv no later than 16 October 2024.

Would you like to get to know us a little better? Watch the videos and testimonials from colleagues here and listen to our podcasts. Do you have any questions before you apply? Below are our contact details, we are happy to tell you more!

The selection procedure includes an e-assessment. For the judicial screening, this position is divided into profile 2a. More information about the screening can be found on this page (information only available in Dutch).

The purpose of this vacancy is application, not acquisition.