Bank supervisor liquidity risk and market risk

Supervise a Dutch bank as a supervisor on liquidity risk and market risk at DNB.

You will have an impact

Working for DNB, you will have an impact on financial stability and sustainable prosperity. You will be at the centre of European banking supervision dynamics, and will supervise the largest and most complex bank in the Netherlands. You will be part of an intercultural team of European supervisors, in a dynamic environment.

This is how to do that as a bank supervisor at DNB

You will be part of the Single Supervisory Mechanism (SSM) and will work in a Joint Supervisory Team (JST), a team of supervisors from DNB, the European Central Bank (ECB) and a number of European supervisory authorities. The JST’s task is to assess the prudential risks the bank faces and ascertain that the Supervised Entity is equipped to manage those risks properly. Within the team, you will be one of the experts in liquidity and market risk, with a focus on asset liability management. You also know how to apply your quantitative skills to supervision in a broader sense.

What exactly does the position entail?

• Within the team, you are a member of the JST’s financial risk cluster.
• You will specifically focus on risks and risk management & controls in the areas of liquidity and market risk. To this end, you should be able to formulate / develop a deep and comprehensive understanding of how the institution manages its liquidity, funding and market risk.
• You will have discussions with the bank's senior management and other staff members to discuss, among other things, the bank’s adherence to regulatory requirements, its liquidity and market risk framework and to communicate the outcome of your assessments and recommendations. You are capable of probing further to identify and understand the underlying challenges and risks.
• You will participate in risk assessments, recommend risk mitigation actions and monitor the bank’s follow up;
• You will share your findings with your colleagues and management through (written) analyses or presentations to allow banks’ risk profiles to be assessed consistently and facilitate decision-making about necessary supervisory measures to be taken;
• You will cooperate with the other NCAs (National Competent Authorities), internal ECB/DNB stakeholders and international regulatory bodies to ensure consistency and high supervisory standards.

This is where you will be working

You will be based in Amsterdam. Working for the SSM means that you will have to occasionally travel abroad for meetings, training, and other activities. This will be an essential element of the job, together with an environment that offers you a good work-life balance. You will work in the Large Banks Supervision Division of DNB, which is engaged in supervising all Significant Banks in the Netherlands. The JST consists of around 45 professionals, of which one third is based in Amsterdam, with various nationalities and backgrounds including legal, economics, econometrics, finance, accounting and IT specialists. The atmosphere is informal and amicable, and everybody understands the importance of cooperation.

At DNB we work in a hybrid manner. Our recently renovated office in Amsterdam is our home base, the place where we meet, where we share knowledge and work (together). The starting point is that you spend at least half of your weekly working hours at the office or at the supervised institution. At the same time, there is also plenty of room to choose a workplace and -time where you can do your work best and where you can add as much value as possible. And of course we ensure that you can also work excellently at home with a laptop, telephone and a good home workplace design.

This is what we need from you

This is what we need from you
At DNB you will be working together with dedicated professionals. You need to be decisive and rational, and have strong analytical skills. You are able to think ahead and outside of the box. Our supervisors have a critical professional mindset and have an ability to exert influence. You therefore have highly effective powers of persuasion, you are good at maintaining professional relationships and have a clear communication style. You always remain critical, keep asking questions and can hold your ground in difficult discussions. Above all, you are a team player: you are at ease with sharing your knowledge and findings with your colleagues at DNB and beyond, to ensure your team can perform even better.

What else are we looking for?

• You hold a Master’s degree in a relevant area, with a preference for a quantitative background (e.g. Economics, Econometrics, Finance, Risk Management, etc.).
• You are a professional with a minimum of 2 years of professional experience at a consultancy firm, bank, or elsewhere in the financial sector, preferably gained in the field of liquidity and market risk.
• You are able to understand complex issues and identify and summarize the results of your assessment in formal writing.
• You are a knowledgeable sparring partner for your various stakeholders. You are able to maintain a positive, constructive attitude and you are at ease in working in an intercultural environment.
• You have experience in setting priorities and working under time pressure.
• You have an excellent command of Dutch and English, both written and spoken.

This is what we offer you

A 36-hour working week right at the heart of today's financial and economic current events. With a reliable and socially involved employer in Amsterdam, who constantly responds to the changing requirements of our environment. And that continuously innovates. As an institution, we are at the heart of society. We think diversity and inclusion are important and valuable. Different perspectives, backgrounds and insights increase our thinking power. It doesn't matter who you are, where you were born, what you believe in and who you love. We are especially curious about your drive for social impact.

This will offer you a wealth of opportunities to develop and gain new experiences, both in the Netherlands and abroad. You will initially be working on a one-year contract, with the prospect of an extension, provided you have performed well and our organization has not undergone any changes that affect your job.

The other excellent terms and conditions of employment for this position are:

• A salary of at least € 3.500 and a maximum of € 5.700 gross per month, which amounts to a gross annual salary of at least € 52.800 and a maximum of € 84.800 based on a 36-hour working week including a personal choice budget (13th month, holiday pay and personal budget). The final classification depends on your knowledge and experience, among other things.
• Free choose when you want your 13th month, 8% holiday allowance calculated over 13 months and a freely disposable personal budget of 5.9% of your 12-month salary to be paid out. Your pension entitlements will accrue under a career-average scheme including provisional indexation, with a 6.98% employee contribution.
• Full reimbursement of your public transport costs for commuting or reimbursement of your costs with your own transport, at € 0.23 per km. For traveling by train, it is possible to travel 1st class. A personal contribution of € 25 per month applies for this.
• An internet allowance of € 50 net per month.
• Plenty of opportunities for professional and personal development through education and training.
• A healthy work-life balance. In this position, it is possible to divide your working week into 4 9-hour days.