Rabobank
Junior QRM Manager
This is what we offer you
- Gross monthly salary between EUR 3,712 and EUR 5,300 (scale 08) for a 36 hour week
- Thirteenth month's salary and 8% holiday allowance
- 10% Employee Benefit Budget
- EUR 1,400 development budget per year
- Hybrid working: balance between home and office work (possible for most roles)
- A pension, for which you can set the maximum amount of your personal contribution
View all our benefits.
Contribute to the calculations and reporting on Interest Rate and Liquidity Risk for Rabobank’s 600 billion+ balance sheet.
You and your job
Being a Junior QRM Manager within the MRBB Systems & Reporting Expert Team in the Treasury ALM Tribe means you are focused on forecasting Net Interest Income (NII) of Rabobank and measuring Interest Rate Risk in the Banking Book (IRRBB). You will do this by using and developing our balance sheet management tool QRM. It offers unique insights into Rabobank’s global balance sheet. Results are shared with our stakeholders in Treasury, Finance and Risk, and include several decision-making committees plus external regulators. You will work in the dealing room for the Treasury department. This means you are at the heart of the bank. A very dynamic environment providing you with many opportunities to develop yourself!
Practical Examples
- Producing monthly earnings figures for Rabobank’s ALCO (asset and liabilities committee).
- Using QRM to generate forecasting figures for financial planning or stress testing.
- Deep diving with stakeholders into the Rabobank’s balance sheet.
- Providing specifications to IT teams to make sure accurate calculations are taking place in QRM.
Facts & Figures
- 40000+ Rabobank colleagues around the world
- 600+ billion balance sheet
- 36/40 hours per week
- Best of both worlds: work from home and spend 2 days a week at the office to engage with your colleagues
- Diverse team with over 50% international colleagues
Top 3 responsibilities
- Taking ownership for the quality and timeliness of generated forecasting figures.
- Meeting the challenge of analyzing balance sheet and market developments, and of exploring quantitative tools to maximize efficiency and accurateness in measurement and reporting.
- Align frequently with main stakeholders (BSM, IT, Finance, Risk).
Together we achieve more than alone
We believe in the power of difference. Bringing together people's differences is what makes us an even better bank. So we are very curious about what you can bring to our team at the MRBB Systems & Reporting Expert Team in the Tribe Treasury ALM.
”Our aim as the NII Forecasting Squad is to be the centre of excellence for forecasting Rabo’s banking book interest income in an ever changing environment in order to add value to risk reporting and budgeting decisions. We interact across various departments including risk, finance and treasury – ensuring a stimulating and fun work environment.”
Ronald Bartie, Product Owner NII Forecasting squad
The 32 people in the MRRBB Systems & Reporting Expert Team are committed to provide timely high quality reporting and analysis to support the management of Rabobank’s balance sheet effectively. Working together is the way we work; as one pragmatic and focused team at Rabobank.
Talking of Rabobank: We are a Dutch bank that operates in 38 countries for over 9,5000,000 customers. Together with these customers, our members and partners we stand side by side to create a world in which everyone has access to enough healthy food. In the Netherlands we work to create a country in which people are happy with how they live, work and do business.
You and your talent
- A Master in a financial field like Financial Economics or Econometrics;
- Knowledge of financial market products;
- Affinity with analysing numbers;
- Able, or willing to learn, to work with large data sets and software such as SQL;
- Helicopter view of the banking business;
- Pragmatic and eager to deliver your quality work timely in a structured manner;
- Strong communication skills, both verbal and written;
- A pro-active attitude and eagerness to learn;
- IRRBB and/or QRM (forecasting) experience is a plus;
- Enjoy quantitative puzzles;
You and the job application process
Reply to the vacancy for Junior QRM Manager at Rabobank before December 4th.
- Any questions about the job content? Contact: Tim van Lent, MRBB Systems & Reporting Expert Team Lead via Tim.van.Lent@rabobank.nl
- Any questions about working at Rabobank and the process? Mail the recruiter Lex.Verwayen@rabobank.nl.
- We will hold the interviews through a video call.
- You can find answers to the most frequently asked questions on rabobank.jobs/en/faq.
- A security check is part of the process.
- We respect your privacy.