Senior Market Risk Manager - Rabobank

Utrecht Croeselaan -
Are you an experienced Market Risk Manager with impact and are you analytical, decisive and do you have strong stakeholder management skills?

Senior Market Risk Manager
Utrecht, 36/40 uur

The position
As a Senior Market Risk Manager you will be part of the Risk Management Financial Markets (RM FM) team responsible for the Dealingroom risk management function in Utrecht. Complementary to the risk awareness and control executed by the first line (Markets and Treasury), the risk management function performs second line monitoring of the risk profile and makes sure that the risks associated with these activities remain in line with the agreed risk appetite and policies or ensures sign off in case such limits are exceeded.
The Risk Management FM team consists of a Credit Risk team and a Market Risk team. Functionally you will be part of the Market Risk team, however your role will be a combination of credit and market risk tasks, hence you will be working closely with both teams.

In this role you will be responsible for application, review and approval processes for new or existing businesses, client transactions, limit structures and risk mitigation techniques. Summarized, your main tasks are: 

  • Analysing, monitoring and reporting on the activities of Markets and Treasury in the Netherlands, where relevant in conjuncture with other departments.
  • Advising on improvements in the risk management framework; provide input to new (integrated) risk management policies, methodologies and measurements.
  • Building and maintaining a pro-active relationship with front-office in performing the 2nd line monitoring and control for Markets and Treasury.
  • Managing and contributing to analyses and advising upon new business proposals, non-standard transactions, counterparties, portfolio correlations and concentrations.
  • Make available or restrict the use of approved risk trading limits based on a pro-active risk assessment.
  • Evaluate adverse (stress) scenarios and pro-actively formulate and discuss exit and risk reduction possibilities.
  • Contributing to consultation platforms and decision making bodies relevant to Markets and Treasury e.g. Risk Committee Treasury/Markets and New Business/Product Approval Committee.

Our department
Risk Management Financial Markets is a global department. We aim to support Rabobank’s Financial Markets activities, by providing transparency to senior management regarding earnings and risk drivers (business reviews), by designing integrated frameworks for managing counterparty and market risk and by monitoring and controlling relevant risk exposures.
Risk Management FM Netherlands consists of 12 FTE responsible for market risk and credit risk and is fully based in Utrecht. Risk Management FM Netherlands is mainly focussed on the Financial Markets activities in the Netherlands. The main areas of attention are the following activities: Short and Long Term Funding, Corporate Centre Services, Interest Rate Derivatives, FX Swaps, Government Bond Trading, Commercial Paper Trading, Repo and Securities Finance, Securitizations and the Asset and Liquidity portfolios. Risk Management FM Netherlands enables management of the risk profile of the Financial Markets activities in the Netherlands for all risk categories in such a way that it fits within the bank’s risk appetite by:

  • Providing insight in the existing businesses and evaluating the impact of new business proposals on the future risk profile.
  • Creating awareness and transparency regarding the relevant risks to senior management.
  • Enabling risk return assessments.
  • Proposing policies in compliance with external and internal rules and regulations.

Your profile

  • You have a Master degree in (Quantitative) Finance or Economics, Econometrics, Math, and/or post-graduate level in a relevant subject.
  • You have a minimum of 3 years’ experience as risk management professional, proficient in financial market products, such as FX and IR derivatives with hands-on experience in market risk management techniques, such as a good understanding of sensitivities/greeks and stress testing.
  • You are analytical with good quantitative skills (and preferably modelling and/or programming skills), decisive and a communicator with impact.
  • You are able to communicate clearly on complex subjects creating transparency and impact with senior management and departments.

Besides the Rabobank core competencies of Customer focus and Collaboration, the following competencies are required for this position:

  • Communication
  • Deliver results
  • Influencing
  • Empowerment

What we offer

  • A challenging role in the Utrecht dealing room, where you are located at the heart of Rabobank’s global trading activities.
  • You operate in an inspiring international environment with enthusiastic, ambitious professionals and plenty of opportunities for further development.
  • Rabobank offers a competitive salary and fringe benefits
  • Your salary depends on your education, knowledge and experience

Additional information
If you have questions regarding the application process, please contact Mohamed Chaaibi  (Recruiter) at 06-23361465.

This vacancy will be published until July, 7th 2017.

How to apply
If you are interested in this position, please send your letter of application, including job number and detailed CV in English, to Mohamed Chaaibi, Recruiter, using the ‘Apply now’ link.

The Rabobank Group screens all interns and new employees according to the ‘Rabobank Screening Regulation’ in order to ascertain whether the applicant may hold a position at Rabobank.

Utrecht Croeselaan
Contact information:
Mohamed Chaaibi
Senior Recruiter
t. 06-23361465

Please send your application for Senior Market Risk Manager at Rabobank in Utrecht Croeselaan including your CV via our website.

Job code: 1700010S
Job posted 23-6-2017