Risk Manager - Financial Markets

Imagine that our financial markets business has full insight into the drivers of our market- and counterparty credit risk and that our risk framework enables them to grasp opportunities when they arise. All of course while safeguarding our status as a Rock-Solid bank. Do you want to make that happen?

You and your job

As a Risk Manager Financial Markets you can make a difference by understanding how developments in the financial markets and initiatives taken by the business affect our risk exposures and risk framework. It all comes together, because you know the regulatory requirements, the applicable policies and business processes, the operational aspects that come with it, the data and systems used to analyse risks, the drivers in the methodologies used, the key risks on which we report, and the impact on our capital. You are responsible for reporting and writing policies as part of the framework for market- and counterparty credit risk at group level, but at the same time you liaise with risk managers in our financial markets hubs to understand their local requirements and the particularities in their operational processes. You are in contact with other risk departments, Markets and Treasury, but also with Finance, Product Control, Compliance, and will have exposure to regulators and supervisors.

The current job opening centers around the reporting-related tasks of the team. For these tasks we collaborate closely with a dedicated reporting department within Finance. Currently, we are exploring better ways to cover the reporting tasks. A plausible scenario is that you will be working for the reporting department within Finance in the near future.

Examples

The challenges ahead are among others to:

• remain compliant with regulatory requirements like Capital Requirements Regulation and BCSB #239,
• work together with the business on the migration to one system for front office, back office and risk,
• to improve the efficiency of our (daily) processes.

Top responsibilities

• Ensure a strong risk management culture by continuously questioning the effectiveness and efficiency of our risk framework and by improving the signalling function.
• Continuously improve the processes that are linked to our policies, used in the monitoring of our risk profile, and support us in informing our stakeholders.
• Act as a discussion partner on the risk profile, our control processes and proposed policy amendments.
• Develop policies and reports to comply with internal developments and regulatory requirements.
• Critical assessment of exposures in relation to actual and future financial markets drivers.
• Understanding interdependencies between policies, reports and external developments.
• Capable of leveraging requests with possible framework and system improvement recommendations.

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 Policy & Reporting team within Risk Management Financial Markets Advisory.

Georgios: “As a part of Policy and Reporting team, my main focus is on Markets risk monitoring and reporting. Enabled by data and technology, my daily tasks involve monitoring the Bank’s portfolio, liaising on key business topics with other teams worldwide, and reporting to senior management. Assisted by colleagues with a very diverse background, I have been working on the analysis and implementation of market risk measures, as well as on the development and execution of internal controls in order to assess the market- and enterprise risks of the firm’s business. Being a part of the team, I have been given the necessary amount of fun, while at the same time growing professionally and learning alongside industry’s experts.”

The 11 people in the Policy & Reporting team ensure that the risk framework for market- and counterparty credit risk is effective and efficient. Working together is the way we work; as 1 result-driven and problem-solving 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

Customer focus, collaboration, working independently and being a team player are clearly essential for the role of Risk Manager Financial Markets. In addition, it is important that you recognise yourself in the checklist below:

• you have a Master’s Degree, preferably in economics orientated studies;
• experience in risk management and banking, preferably in financial markets;
• good knowledge of, or interest in, the relevant regulatory requirements;
• quality oriented person with a focus on accuracy and timelines;
• you are analytical and decisive;
• a good command of the English language and a good communicator.

This is what we offer you

• a gross monthly salary between EUR 3.700 and EUR 6.900 (salary scale 8, 9 or 10, grading is depending on education, knowledge and experience);
• a thirteenth month and holiday pay;
• an Employee Benefit Budget (10 % of your monthly salary). You decide how to spend this budget. This may include purchasing extra leave days, making extra pension contributions or even receiving a monthly cash payout;
• a personal budget that you can spend on activities related to your personal development and career;
• travel allowance when you travel by public transport or car;
• a pension scheme, to which your contribution is only 5,5%.

This is a selection of the terms of employment for a Risk Manager Financial Markets based on a 36-hour working week. You can find all terms of employment on rabobank.jobs/en/conditions-of-employment.

You and the job application process

Reply to the vacancy for Risk Manager Financial Markets at Rabobank before May 16, 2024.

• Any questions about the job content? Contact: Jeroen Ackerman via Jeroen.Ackerman@Rabobank.com or +31 30 7123029.
• Responses will be handled in accordance with vacancy management.
• Any questions about working at Rabobank and the process? Contact: Joris Opdam, Corporate Recruiter via Joris.Opdam@Rabobank.nl.
• 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.