Portfolio Manager Retail Banking

Portfolio Manager Retail Banking

Why join NIBC’s Portfolio Management team?

Portfolio Management Retail is part of NIBC Retail Banking, which excels in mortgage lending and savings products across The Netherlands, Belgium, and Germany. We pride ourselves on simplicity and transparency to optimally serve our clients. Our Portfolio Management team plays a crucial role in managing both the mortgage and savings portfolios, including activities like interest rate risk hedging, credit risk assessments, Retail Banking funding, and pricing determination for NIBC mortgages.

What you'll do:

Depending on your experience, you’ll either assist or take the lead role in providing key insights into the risks and dynamics within our mortgage balance sheet. As a junior / trainee, you'll start with supportive activities, but you'll soon receive more responsibilities. Moreover, your teammates will include you in everything they do, which means you'll get a good idea of the job very quickly.  

Initial Activities:

• Interact with a wide range of experts closely involved in day-to-day business dynamics.
• Utilize your analytical skills in data requests and modelling, such as forecasting, explanatory analysis, and quantitative support for new business cases.
• Provide essential information on the risk profile of our mortgage balance, market valuation of our mortgage loans, and spread/margins development.
• Support Retail Banking’s Management Team and our Executive Board Members in making strategic decisions.
• Improve models both in implementation and methodology, working with SQL, Python, PowerBI, DataBricks, Azure Devops, and Excel.
• Focus on automation and improved presentation of figures with the introduction of a Cloud Data Platform.

Your team:

You’ll join the Portfolio Management Retail team, consisting of 7 colleagues who work closely together, share laughs, and regularly engage in social activities like drinks/dinners. Our team is ambitious, continuously seeking to improve our work and methodologies. Many of us have technical backgrounds in Mathematics and Econometrics, and we are searching for a person who fits well within our team dynamic.

As a subteam of a larger team, you will have additional learning opportunities in data science and structured finance, gaining exposure to a wide range of competencies.

NIBC as an employer:

Founded in 1945 to finance the visionary entrepreneurs who helped rebuild the Netherlands after the second World War, NIBC was closely collaborating while professionally supporting companies and individuals in realizing their dreams and goals with a sustainable future in mind. As a midsize bank with a multicultural working environment that is best described as dynamic and ambitious, we share a forward-thinking, can-do attitude with our employees and clients which we call our THINK YES mentality. Our corporate values are Professional, Adaptive, Collaborative, and Entrepreneurial. You will have a direct and meaningful impact on both the bank and its clients. By building our company on optimism and mutual trust, and with our THINK YES mentality, NIBC is an enterprising bank that enables ambitions.

Think THINK YES if you:

• Are fluent in English and Dutch.
• Enjoy analyzing complex numerical problems.
• Are a flexible team player who can manage ad hoc requests and tight deadlines.
• Like taking initiative, are not afraid to ask questions, and want to develop yourself.
• Have a commercial mindset, enjoy collaboration, have a go-getter attitude, and are involved with your team.
• Want to learn more about how mortgage loans work.
• Are proficient in Python, SQL, and PowerBI or have programming experience in other languages and wish to become proficient in these.
• Preferably have relevant work experience in fields such as the Basel Framework, hedging, pricing, liquidity risk, behavioral modeling, prepayment risk, mortgage loan valuation, structuring, and reporting.

Do you recognize yourself in most of these descriptions but have some areas to grow? Then we are also interested in receiving your application!

What’s in it for you?

NIBC provides an ambitious environment where together we strive to create a fantastic workplace in which you feel safe and challenged to be the best version of yourself. This is in line with Professional, Adaptive, Collaborative, and Entrepreneurial, since you are in the lead of setting the PACE of your career at NIBC. In addition, you receive a competitive salary, plus:

• Several ways to support your development personally and professionally, including a personal development budget to spend at your own discretion, a professional budget provided by your manager to develop yourself in your work, and an in-house learning offering;
• The opportunity to join our Talent Program: Our one-year development Program focused on Personal and Professional Development.
• NIBC embraces the Hybrid way of Working. This means that we support working from home as well as encourage our colleagues to come to the office. NIBC's guideline is to spend at least half of the working time at the office;
• Travel expenses or NS Business Card 1st class;
• 32 vacation days (which do not have to be registered);
• Excellent pension scheme (26% NIBC contribution);
• A voucher to improve your home office;
• The opportunity to take ownership and show initiative in your role. We are always open to new ideas and encourage you to use your voice;
• The nature of our Grow to Make a Difference program enables you to be in charge of your own development;
• Two staff associations: YoungNIBC and MyLeisure;
• Vitality program, annual company-wide sports & leisure days;
• Monthly internet allowance;
• Laptop and a company phone;
• Excellent facilities at the office (Coffee corner, Restaurant, Exchange bar);
• Last but not least, a fun workplace in which diversity and inclusion is valued.