ALM Risk Controller

As an ALM Risk Controller, you play a crucial role in the bank's risk management by analyzing its balance sheet and ensuring that the ALM Risk Framework is correctly applied, providing valuable assurance to the bank.

You and your job
Managing the bank's balance sheet is a challenging task due to its intricate environment, policy uncertainty, and economic volatility. Furthermore, ALM risk measures are driven by assumptions on client’s behavior (e.g. regarding savings and prepayment) and the bank’s behavior (e.g. rate setting). ALM Risk control provides assurance that these assumptions are applied correctly in the risk calculations. These controls are important as the risk figures are used for management decisions and steering the bank. Secondly, such internal controls are required by regulation.
Working in Group ALM has a highly rewarding aspect as the senior management places significant importance on your work, giving value to your opinions and ideas. This role is challenging, as it requires a combination of analytical and policy skills, making you a better finance professional by exposing you not only to the practical, but also more fundamental aspects of risk management. Applying and further developing these skills will create numerous opportunities later in your career, broaden your knowledge of balance sheet management, and establish you as an expert in the field.

Facts & Figures
•            36 or 40 hours per week
•            40,467 Rabobank colleagues around the world
•            Rabobank is a cooperative bank with 2.2 million members

Top 3 responsibilities
•    ALM lies at the core of our bank. You will work on areas deeply integrated in our business model and strategy, involving pricing, hedging, and funding. Your work plays a crucial role in the bank’s strategic decision-making, impacting the whole balance sheet and millions of customers.
•    You will support decision-making with thorough analyses, and document your work comprehensively while communicating it clearly. You will advise to senior management and committees such as RMC Treasury.
•    With minimum input you will make key decisions and explain complex matter in a clear manner to senior management, ensuring a comprehensive picture is presented.

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 Group ALM.

‘What I like about my role is that it combines qualitative and quantitative risk management skills. This position provides a broad understanding of balance sheet management, but detailed matter as well. It is motivating to contribute to ALM, which is at the core of the bank.’
Niels Zagers, ALM Risk Controller.

‘I like that we complement each other in various areas. When performing the ALM Risk controls, I receive a wide range of insights and knowledge on the methodology used for Rabobank's products.’
Sharon Li, ALM Risk Controller.

The 30 people in Group ALM safeguard Rabobank’s position and bring our ALM Framework into the future. Working together is the way we work; as 1 effective 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’s degree in economics, finance or a quantitative field (econometrics, mathematics, physics or similar)
•    At least three years' experience in risk management, treasury or related areas, with comprehensive understanding of a bank’s balance sheets and products
•    Strong analytical skills, enabling you to analyze complex content and to understand the consequences for the bank’s risk position as a whole
•    Good communication skills, both verbal and written, allowing you to translate complex matters into comprehensible information for higher management and business users
•    Collaborative, result-driven, taking accountability and a proactive attitude

This is what we offer you
•    A salary ranging from €4.068,63 up to 7.619,28 gross per month (scale 9 or 10),
•    Thirteenth month's salary and 8% holiday allowance
•    An extra budget of 11% of your gross salary to be used at your discretion. Buy extra holiday hours, add more to your pension savings or ask for part of the extra budget to be paid out.

This is a selection of the terms of employment for a position in scale 9 or 10 based on a 36-hour working week. If you want, it is possible to work 40-hours a week. You can find all terms of employment on rabobank.jobs/en/conditions-of-employment.

You and the job application process
Interested? Please reply to the vacancy for ALM Risk Controller at Rabobank!
•    Any questions about the job content? Contact: Leon Coomans, Head of ALM Risk Control via Leon.Coomans@rabobank.nl .
•    Responses will be handled in accordance with vacancy management.
•    Any questions about working at Rabobank and the process? Contact: Joris Opdam, Corporate Recruiter via joris.opdam@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.