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Medior ALM modeller

Posted 22 Mar 2024
Work experience
3 to 5 years
Full-time / part-time
Full-time
Job function
Degree level
Required language
English (Fluent)
Deadline
31 Oct 2019 22:59

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Imagine…

That we’ll give you the opportunity to put your modelling skills to work at the very core of Rabobank’s business? As a Medior ALM Modeller you will develop solutions that satisfy our customers and ambitions.

Making a difference

  • ALM Modelling is at the core of our bank. The behavioural models we develop are key to interest rate risk and liquidity risk measurement and Funds Transfer Pricing (FTP), leading to a broad interest from various stakeholders throughout the bank including senior management.
  • You will have the opportunity to work with complex models and risk metrics, developing solutions that impact millions of customers. Modelling includes for example prepayment, non-maturity deposits, Capital for Interest Rate Risk in the Banking Book and basis risk.
  • You work together with other modellers and interact with a broad field of stakeholders outside our department to ensure proper embedding of the models in the organization and to be aware of market and balance sheet developments. You do thorough analyses, and account for your work through comprehensive documentation and clear communication.
  • You’ll be on the front lines, presenting your own theories and taking your own initiatives to keep the bank moving forward.

Your technology stack consists of Python, Matlab, SQL and GIT, or comparable packages and programming languages.

With each other

Collaboration is at the heart of everything we do. Our ALM Modelling team brings talented people together to develop the next generation of ALM models that drive our business forward. With you as a Medior ALM Modeller, the team will consist of 17 diverse colleagues in a variety of roles, including:

Zaher Daher: “An open diverse sphere where ideas are shared and challenged, and support is always available when needed. An excellent example of what the word ‘team’ means”

Gergely Csapo, Senior ALM Risk Manager: “We have an exciting modelling roadmap laid down for the next couple of years and a diverse team with nice colleagues who make the journey even more pleasant. The tasks span from programming to managing a wide range of stakeholders. On top of these we are constantly improving our way of working, so there are always new things to learn and we never get bored.”

Suzan Diris-Verheggen, Senior ALM Risk Manager: “Content-wise, I enjoy it that the scope of our modelling projects can be as diverse as Rabobank’s balance sheet with its many products and customers. Team-wise, I enjoy working in a young and very international team which broadens your horizon.”

With you

If we were to ask your friends to describe you in a few key words, the answer would be: collaborative, customer-focused, being a team player and able to take on challenges with confidence and flexibility. For the position of Medior ALM Modeller, you also have:

  • A Master’s or PhD in a quantitative field (econometrics, mathematics, physics, or similar)
  • At least three years' experience in a modelling environment, preferably ALM
  • Strong communication skills, both verbal and written, you are able to translate quantitative analysis into comprehensive information for higher management and business users
  • Deep knowledge of Python, Matlab, SQL, GIT or similar and the ability to work with large data sets
  • Knowledge of the relevant regulatory environment and requirements
  • Pro-active and eager to learn

Growing a better world together

Rabobank is a financial services provider for 7.1 million customers in 40 countries. But did you know that we are also working to make the world a better place? We do so in countless ways, such as:

  • Actively protecting our clients by ensuring that the funds we lend and the mortgages we provide are well within acceptable risk levels.
  • Working toward a new generation of risk models that not only fulfil regulatory requirements, but also allow us to expand our reach and help more people, communities and societies to thrive. Safeguarding our investments in nature, culture, agriculture and development with risk models that sustain and advance the bank’s position.

Interested?

Do you want to become the ideal version of yourself? We would love to help you achieve this by focusing firmly on your growth, development, and investing in an environment where you keep learning every day. We give you the space to innovate and initiate. In this way, we offer you numerous opportunities to grow and help you exceed your expectations, to do the right thing exceptionally well, and to therefore grow as a professional. In addition, with us (on the basis of a 36-hour working week), you can also expect:

  • a gross monthly salary between € 3640,85 and € 5200,15.
  • 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.
  • flexible working times and location-independent working.
  • 100 % reimbursement of commuting costs if you travel by public transport! Do you still prefer to travel by car or motorbike? Then choose a commuting allowance.
  • a pension scheme, to which your contribution is only 5%.

Let's meet.

Are you the person we're looking for? Are you ready to join Rabobank as a Medior ALM Modeller and to make a difference to yourself, our customers and to society? We look forward to receiving your application for this vacancy in Utrecht.

Rabobank is a cooperative bank with a mission. Together with our stakeholders, we have been dedicated to creating a future-proof society and tackling major societal challenges for 125 years. In the Netherlands, we serve retail and corporate clients; globally we focus on the food and agriculture sector. Our starting point is: together we can achieve more than we could individually.

Finance & Banking
Utrecht
Active in 37 countries
43,000 employees
70% men - 30% women
Average age is 31 years

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