Senior Market Risk Manager @ NIBC


Den Haag – Full-time

NIBC is looking for a Senior Risk Manager to strengthen its Market Risk Management team!

Why would you want to work for in Market Risk Management at NIBC?

Market Risk Management is part of Risk Management and performs a broad range of activities. The team is responsible for amongst others bank-wide Market Risk management and the risk management of our Interest Rate Risk in the Banking Book, various models as well as a limited number of risk IT applications. Within this diverse team, you will have the opportunity to make an impact from day one by as a pro-active risk manager with good understanding of the market risks evolving from our business activities. Market Risk Management is part of the Financial Markets Risk team where you have the opportunity to broaden your (quantitative) risk management skills as well as be exposed to many areas within the bank.

This is a unique opportunity at the heart of a dynamic bank, where your market risk knowledge, skills and insights will be highly valued. You will have direct impact on both the bank and its (internal) clients.

Furthermore, we nurture our entrepreneurial and inventive culture by providing modern devices and flexible working (spaces). Therefore, you can therefore work where and when your performance is at best. In this way you will have the opportunity to create an optimal work-life balance for yourself. We also provide ample development opportunities so you can continue to grow and expand your (professional) skills.

What will you do?

As Senior Market Risk Manager you will lead day-to-day Market Risk reporting thereby obtaining exposure to a variety of internal departments (Treasury, Trading desk, Asset & Liability Management, Retail Banking, Finance and other Risk units).

Where necessary, you will lead and initiate ad-hoc analysis resulting from new product approval, limit proposals, new activities and model updates. The market risk elements of our Risk Appetite statements covering Market Risk and Interest Rate Risk Banking Book are part of the scope.

Being the change management lead to address changing regulation (FRTB), update of models (VaR/Savings model) and Market Risk applications are part of the job.

An active contribution is expected to assist in the constant evaluation of what our optimal Market Risk management application, data and model landscape should be.

You will be the go-to person for Market Risk related questions in the organization and keep yourself up to date about best market practices through engagement with other Market Risk professionals, courses and attendance of professional gatherings (Dutch Banking Association covering Market Risk).

You will contribute, review and sign-off on reports for external parties (including the regulators), such as back-testing analysis, market risk solvency reports, stress tests, quantitative impact studies, scenario analysis, market risk reporting in our annual report/Pillar 3 or other external publications.

The job requires a significant level of interaction with other risk departments for activities such as Economic Capital and bank-wide Stress Testing.

Who are we looking for?

  • A completed university degree in subjects such as economics, econometrics, mathematics or a similar degree.
  • 7 to 10 years of experience with Market Risk Management or Risk Management regarding Asset & Liability Management.
  • Good analytical and communication skills (fluent in English (verbal and writing)).
  • Knowledge and practical experience with regulatory requirements (CRD).
  • Ability to work with a range of data modelling software (Excel, VBA, Matlab) and market data (Bloomberg).
  • An eye for detail and a critical approach to both others’ work as well as your own.
  • Be self-starting and able to work independently – enjoy to lead change management.
  • Interest/knowledge regarding related topics such as IT, Finance and Operational Risk.
  • A flexible attitude and ability to work in a dynamic and vibrant environment.
  • Entrepreneurial spirit, teamwork and creativity.

See also

Our purpose is to make a difference at decisive moments for our clients. The inventiveness of our solutions often determines our ability to do this. And inventive ideas arise from diverse teams. We are therefore looking for people with different profiles and who want to contribute to the openness and inclusiveness of our culture. To increase our professionalism we also focus on giving each other continuous feedback. A high performance culture can only be sustained with talented individuals who are always ready to take the next step to grow.

What will you get?

Being a Senior Market Risk manager at NIBC will give you substantial responsibilities, direct exposure to senior management and enable you to understand how the bank works. This is a unique opportunity in which you can best showcase your talents while working with diverse colleagues and having fun.

Application/ Further information

Applications can only be submitted via our website. The ‘apply’ button will take you directly to the Quick Apply page. Here you can upload your CV. The system immediately extracts the necessary information from your CV. Please note that further on in the application form you will have the possibility to upload more documents. Don’t forget to add your motivation letter. Instead of a motivation letter you can choose to make a 2-minute video outlining your motivation. An assessment may be part of the application procedure.

For more information about the procedure you may contact the HRInfodesk at click apply . For more information about the position please contact the team lead, Eloy Cosijn at click apply .

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