Risk Manager Methodology

This is what we offer you

• Gross monthly salary between EUR 3,712 and EUR 5,300 (scale 08) for a 36 hour week
• Thirteenth month's salary and 8% holiday allowance
• 10% Employee Benefit Budget
• EUR 1,400 development budget per year
• Hybrid working: balance between home and office work (possible for most roles)
• A pension, for which you can set the maximum amount of your personal contribution

You ensure Rabobank's market risk models measure financial market risks correctly and meet regulatory standards.

You and your job

As a (Junior) Risk Manager Market Risk Methodology, you will ensure that Rabobank's market risk models accurately measure the risks arising from the banks Financial Markets activities and comply with regulatory standards. You will translate the characteristics of various financial products into risk measures, such as Value at Risk and Stress Tests, and ensure that the bank's regulatory capital is correctly calculated in accordance with the FRTB framework. Additionally, you will maintain and enhance the statistical models behind these calculations, working closely with IT departments and local risk managers to ensure high-quality input and output.

Practical Examples 

• Including new risks in Rabobank’s market risk framework and ensuring accurate risk measurement.
• Implementing new regulatory requirements like FRTB and calculating regulatory capital accordingly.
• Reviewing and enhancing existing models, identifying improvements and quantifying deficiencies.
• Collaborating with IT to integrate model changes and ensure high-quality input and output.
• Conducting regulatory exercises like the EBA stress test and explaining risk measure values to business and management.

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 Market Risk Methodology.

The nine people in the Market Risk Methodology team ensures that Rabobank's market risk models measure financial market risks correctly and meet regulatory standards. Working together is the way we work; as one results-driven and problem-solving team at Rabobank whilst not undermining individual contributions and achievements.

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

• a Master's Degree in Econometrics, Quantitative Finance, Mathematics, or a related field
• understanding of financial derivatives
• good programming skills (e.g., Python)
• fluent in English, with strong communication skills and the ability to write concise reports
• logical thinker with razor-sharp analytical skills
• constructive, solution-oriented, thorough, and a constant learner
• approachable and collaborative team member
• preferably some experience in banking and basic knowledge of market risk models like VaR
• preferably an understanding of regulatory requirements related to market risk

We strongly encourage candidates from diverse backgrounds to apply. Your unique perspectives and insights are valuable to us and help drive inclusive growth and innovation.

You and your job application process

We look forward to your response to the vacancy of (Junior) Risk Manager Market Risk Methodology. Applications are open until November 30th, 2024. Responses will be handled in accordance with our vacancy management policy.

• If you have questions about the job content, then please contact Melissa Faizurachmi-Siegers via melissa.siegers@rabobank.com
• For your questions about the recruitment process in general, please contact Joris Opdam, Corporate Recruiter, via Joris.Opdam@rabobank.nl;
• You can find answers to the most frequently asked questions on https://rabobank.jobs/en/faq/
• The application process includes screening. Based on the screening procedures in place at Rabobank, we assess whether new staff are reliable enough to work at Rabobank.

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