The function
You will lead the ALM team and are primarily responsible for stabilizing and protecting Nexent Banks' net interest income, economic value and capital, against various effects and movements in interest rates and credit spreads. There is a steady stream of new financial and regulatory requirements being established by various policymakers and regulators. This unique challenge requires the addition of a passionate and competent leader to our team.
Where is your challenge?
- Maintain and calibrate the ALM strategy, ensuring alignment with bank strategy, internal risk policies and prudential regulations.
- Manage liquidity risk, interest rate (IRRBB) risk and credit spread risk (CSRBB) ensuring compliance with internal and regulatory requirements.
- Operationalize ALCO decisions (e.g., hedging, funding plans) within risk appetite boundaries set by Financial Risk Management.
- Ensure accurate, timely ALM reporting (regulatory and internal), including liquidity metrics (LCR/NSFR), IRRBB exposures, and currency positions.
- Own the production and quality assurance of all risk data inputs required for the ILAAP process.
- Advise ALCO on FTP framework methodology, hedging strategy development and performance evaluation, as well as funding plan optimization.
- Strengthen balance sheet strategy by aligning business planning, funding, and liquidity buffers.
- Represent ALM in risk committees and engage senior management on risk/return trade-offs.
About the company
Nexent Bank is an international niche bank offering a dynamic portfolio of products to corporate and retail clients. With over 1,000 colleagues in seven countries and headquartered in Amsterdam (Southeast), we proudly serve our international client base while strengthening our organization. We aim to be an adaptive, efficient, and sustainable bank, focusing on achieving investment-grade status and further embedding digitalization.
Our 3 key pillars are:
- Rethink and redesign: Integrating digitalization and sustainability while creating a clearer organizational structure and governance.
- Future fit: Optimizing and expanding our business lines, remaining specialized, and exploring growth in other channels.
- Stronger together: Placing people at the heart of the bank, strengthening leadership, enhancing transparency and engagement, and building alignment within our banking group.
Offer
What's in it for you?
- Dynamic organisation with an amazing culture mix;
- Plenty of room for your own input and creativity;
- Salary Package up to 115-125k
- Hybrid working 50/50
- a particularly favorable pension plan
- 13th month
- Bike plan
- Collective health insurance
- Home office budget
- Internet allowance
- Four weeks of working from anywhere per year
Your profile
What do you bring?:
- A Master's degree in business administration, finance, economics/econometrics, or other quantitative disciplines; professional designation such as CFA or FRM are preferred.
- In addition to deep technical expertise, you have a strong vision on Asset Liability Management (ALM), the current industry developments and the role of ALM within a Bank.
- A proven professional track record of more than 8+ years in ALM.
- In-depth knowledge of core products and services of the financial services industry.
- You have experience serving on risk committees to monitor and manage ALM topics and lead internal governance processes for decision making.
- You have strong communication skills and the ability to write clear and concise memos, presentations and letters tailored to specific audiences with various needs.
- Ability to develop strong working relationships with other groups across the Bank.
Apply
Does this position match your personality and ambitions? Then apply now.
Any questions? Joris is happy to help you.
Joris Jansen | Senior Consultant | +31 (0) |