Financial risk expert banking with focus on ALM, IRRBB and liquidity risks

Job description

As a member of a team of specialists, you will conduct on-site inspections at banks in response to the results of risk assessments. During an on-site inspection, we carry out an in-depth assessment of a financial institution’s specific risks and/or control functions on a project basis. Team compositions vary between inspections and we may ask you to participate in inter-European inspections. Experts may also be asked to join international working groups involved in specific components of IRRBB and liquidity supervision. This multifaceted position provides ample opportunities for broadening your knowledge, experience and skills.  

Your principal responsibilities as a financial risk expert banking are:  

• Conducting on-site examinations at various banks in a team of specialists.
• Reporting your findings and presenting critical conclusions.
• Reinforcing our supervisory teams with your expertise in ALM, IRRBB and liquidity.
• Keeping up your knowledge and actively sharing it with your DNB colleagues.  

Requirements

You have strong analytical skills, are an independent thinker and quick to filter out the essentials from secondary issues. You are pragmatic, result-oriented and you enjoy teamwork in alternating compositions. You have good communication skills, maintain a firm position in discussions and are open to different opinions.  

• Master’s degree in econometrics, financial economics or any other relevant field with a major analysis or mathematics component.
• At least five years’ relevant work experience in the financial sector, gained preferably at a bank or alternatively at a prominent risk consultancy agency for banks.
• Good knowledge of bank ALM, IRRBB and/or liquidity risk.
• Excellent oral communication skills and writing skills in English.  

Department profile

Our division On-site supervision & banking expertise was set up around the time of the launch of the Single Supervisory Mechanism (SSM) on 4 November 2014. We are responsible for exercising on-site supervision at banks in the Netherlands and elsewhere in Europe and for providing expertise to DNB’s operational supervision departments. The division currently employs some 70 professionals across six supervision departments. You will be working in the department Financial risks & capital instruments.  

Working for the Single Supervisory Mechanism (SSM)
De Nederlandsche Bank (DNB) is an integral part of the SSM, composed of the European Central Bank and national competent authorities of 19 Euro area countries. Working for the SSM comprises working for short periods of time abroad in the context of regular business travels, trainings or on-site visits , and for potentially longer periods during on-site inspections. This is an important characteristic of our jobs complemented by an environment in which wellbeing/work-life balance is enabled. Working for the SSM also implies collaborating in multi-national and -cultural teams and in the context of different national frameworks. Therefore a strong ability to use other EU working languages for business purposes is an asset.  

More information

Zdenka van Schaik, supervisor specialist, +31 20 524 2901.
Ewout van Ommen, supervisor specialist, +31 20 524 1987.
Marianne Derksen, recruiter, +31 6 3102 8486.

Terms and conditions of employment

In order to bring out the best in our people, we give them the best. We aim to strike the optimal balance between work and home for every staff member. We offer an excellent salary and a modern, flexible package of employment terms and conditions. You will be working on a one-year contract with the prospect of renewal, provided your performance meets the expectations for the position and our organisation has not undergone any changes affecting your job.  

• An annual salary consisting of 13 monthly payments and an 8% holiday based on a 13-month year.
• Your pension entitlements will accrue under an average pay scheme with conditional indexation, with a monthly employee contribution of 6.1%.
• DNB has a 36-hour full-time working week; flexible working hours are possible, depending on your duties.
• DNB is located in the city-centre of Amsterdam and is easily accessible bij public transport.
• DNB is a top-ranking knowledge institute. We want our staff to keep developing, not only to stay on top of their jobs, but also to leverage their talents and skills. This is why we will offer you plenty of opportunities to learn and grow, both personally and professionally.  

Application

Please send in your application no later than 31 August 2017. Your application consists of a CV and a strong, convincing letter that clearly indicates what your motives are for working with DNB and, if you are living abroad, why you want to move to The Netherlands. The application procedure will include an e-assessment and a case study (including a writing assignment and an assessment of your analytical skills) and may include an assessment centre.  

After your application we ask for your patience, because with regards to the summer vacations, all applications will be evaluated after the closing date of the vacancy.  

This is a category 2a position, which means you are subject to a legal background check. The process also involves an online screening. You can find more information about the screening process (information only available in Dutch).