ALM Traineeship

Amsterdam

We ask

  • 0+ years
  • Eagerness to learn
  • Analytical skills

We offer

  • € 3.966 - € 5.665 pm
  • Excellent employment conditions
  • In charge of personal development

Why ABN AMRO?

  • Building a future proof bank
  • A diverse and inclusive culture
  • Extensive internal career opportunities

ALM Traineeship

At a glance

Do you want to work in the heart of our bank? Are you interested in getting to know the different fields of Asset & Liability Management and Treasury on-the-go? Do you want to learn how to manage the bank's balance sheet? Then we have a great opportunity for you!

ALM/Treasury is responsible for managing and optimizing the balance sheet. This means we analyze internal and external developments and translate them into concrete (management) proposals. We present these to the Executive Board and various committees, such as the Asset & Liability Committee (ALCO) and the Business Risk Committee ALM/T. Externally, we primarily interact with the regulator (DNB/ECB) and other banks. Additionally, we have extensive contact with various business units and international ALM locations.

We are looking for trainees who want to develop a broad perspective on the ALM/T domain through several rotations. We believe in learning on-the-job and growing by taking on responsibility. Furthermore, we believe that ALM is the perfect place to get to know our bank in a unique way, as we offer you the chance to have both a helicopter view and gain in-depth knowledge.

Your job

The Talent Programme lasts one year, during which you learn by working in different teams. You will do three rotations within ALM or in departments that closely collaborate with ALM.

You might work on planning or operational management of interest rate risk, liquidity risk, or capital management. Or perhaps on the pricing of these risks. In this way, you develop a broad view of the different risk types and get to know different areas of our bank. At the end of your Talent Programme, you will be familiar with ALM/T, the core activities of our bank, and understand the structure of the balance sheet. In short, this programme offers you the perfect start to your career within ALM/T and our bank.

During the Talent Programme, you will discover in 18 months what working at the bank can offer you. We train you for your first role and provide the space to develop a solid foundation for your future career. We do this by offering various elements in the traineeship such as masterclasses, rotations and assignments. This way, you will quickly build a network and get to know the bank even better. 

You actively work on increasing your professional knowledge and follow a training program so that you can perform your work optimally. Additionally, we offer you the unique opportunity to follow a Traineeship journey with Kyden, where you will work on developing your personal leadership and skills. Through assignments, you gain insight into yourself as a professional, discovering how your talent can be best utilized.

Working environment

Working at ALM/T means becoming even better at what you do. You will join a diverse, young, and dynamic team of highly educated professionals who love complex challenges. Our team fosters an informal and open atmosphere, and we consider it important that you are open to different cultures and ways of thinking.

Additionally, we find it important to stimulate both your substantive and personal development. We are eager to share our knowledge. Many knowledge sessions are organized in the department, as well as within and outside the bank.

ALM consists of ~80 colleagues who focus on interest rate risk, capital, liquidity, and balance sheet management. We are an enthusiastic, young department where there is also room for relaxation, such as (spontaneous) drinks, sports sessions, team outings, and an annual ski trip.

Your profile

You enjoy collaborating with others and pay attention to your colleagues' ideas and considerations. Furthermore, you love complex challenges and can reach the core of your analyses without losing the overall picture. You also find it rewarding to convey the results of your analyses in both spoken and written form. Moreover, you enjoy acquiring new knowledge or learning new skills.

Do you think you fit with us? Check your profile:

  • University education.
  • 0-2 years of work experience.
  • You have an affinity with Risk and/or Finance.
  • You take initiative and actively work to achieve concrete results and objectives, and you don't give up when faced with setbacks.
  • You have an affinity for analyzing figures and conveying the outcomes.
  • You are quantitatively strong and able to communicate complex matters concisely and clearly, both orally and in writing in English.

We are offering

  • The gross monthly salary shown at the top of the page is based on a 36-hour workweek, including vacation pay and benefit budget.
  • The benefit budget amounts to 11% of your salary. If you make no purchases or reservations in the Benefit Shop in a month, you will receive one-twelfth of your benefit budget for that month.
  • Five weeks of vacation per year. You have the option to purchase four weeks per year.
  • Personal Development Budget of €1,000 per year. This amount can be saved up to €3,000.
  • Possibility to work from home (in consultation with your team and depending on your role).
  • An annual public transport subscription with free travel throughout the Netherlands.
  • An excellent pension scheme.

The application process

  • After you apply, we make a selection from all the CVs and cover letters we have received.
  • If you are selected, we send you an assessment and personality test.
  • Upon successfully completing that step, we invite you for a selection day at our office.
  • The final step in the application process is an interview at the office.

Interested?

Interested? Interested? Apply now for this vacancy! For more information, contact Ronald Arink at ronald.arink@nl.abnamro.com or Thrasyvoulos Morfopoulos at thrasyvoulos.morfopoulos@nl.abnamro.com. We look forward to meeting you!

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