Market Infrastructures Domain expert on FMI developments in Amsterdam

About us

Market Infrastructures (MI) is responsible for timely identification of external developments regarding financial market  infrastructures (FMIs) and assessing potential impact for ABN AMRO. MI enables relevant stakeholders across the bank to take informed decisions and act upon those external developments. MI represents ABN AMRO within the industry. Additionally, MI is asked to contribute to resolution resilient connections towards the FMIs which is linked to the EU Bank Recovery and Resolution Directive. This will result in growing the MI team from the current 4 FTE to a total of 7 FTE.

Domain expert on FMI developments 

You are the key go-to-person for specific external developments related to  Financial Market Infrastructures, ranging from innovation, APIs, DLT, Central Bank Digital Currencies to monitoring (global) regulation such as the Digital Finance Package of the European Commission and financial stability (e.g. BIS, FSB, CPMI/ IOSCO). Tasks include;

• Inform, coordinate and advice ABN AMRO on external developments like FMI strategies, FMI trends and regulatory direction;
• Represent ABN AMRO in the various industry bodies and associations such as BVN, NVB, DNB, DACSI, EBA, EBF);
• Align, establish and safeguard ABN AMRO position with all relevant stakeholders both internally as well as externally;
• Deliver clear guidance and communication – both in Dutch as well in English - providing insight in external FMI developments allowing the business lines to take informed and timely decisions.
• Contribute with in depth knowledge on FMI processes to establish a vision toward and efficient design and embedding in the future state architecture.

In general:

You are living ABN AMRO’s culture principles - Care, Collaboration, Courage - and carry these principles out. You understand how detailed developments can affect the financial industry and more specifically ABN AMRO and you know how to bring this message across. You want to continue to improve as a professional and as part of a team.

Working environment

As a domain expert you work within the Commercial Banking Transaction Banking domain but with a bank-wide scope covering payments, securities and markets. External developments like the development of a (potential) digital Euro, implementation of the new SWIFT strategy, the industry migration towards ISO20022, the EU’s Digital Finance Strategy and consolidation of Target2 and Target2Securities (followed by the Eurosystem Collateral Management System) are examples of the topics covered by MI. These topics are addressed internally within stakeholder circles and externally via e.g. participation in various interbank committees. By leveraging an Outside In - Inside Out approach the Bank’s positions are safeguarded efficiently.

Due to the implementation of the Bank Recovery and Resolution Directive (BRRD) continuity of services from our FMI connections must be assured in a resolution scenario to comply. Therefore the services delivered by those FMIs must be assessed in order to contribute towards a strategy ensuring continuity of services for our customers. MI will support the business lines to develop operational plans maintaining access to FMIs. This entails creation of centralised insight of FMI activity including liquidity usage, communication plans, FMI strategy and quantitative reporting to the external Single Resolution Board (SRB).

Do you recognize yourself? Check your profile:

• You have an academic background (or equivalent) and preferably gained experience in processes surrounding FMIs (payments, financial markets and/or securities);  
• You are curious, inventive and entrepreneurial and find sustainable solutions, whilst managing a diverse range of internal and external stakeholders;
• You like to obtain and share knowledge and are not afraid to take a stance;
• You are pragmatic, persistent and have the capability to convince stakeholders based on facts and vision;
• You have knowledge of the vision & strategy of ABN AMRO & Commercial Banking;
• You have knowledge of developments in the European economy and in the market of financial services in payments, securities or collateral;
• You have excellent communication and advice skills in Dutch and English, both verbally as well as written;
• You feel at home in a dynamic environment that is constantly changing and developing.

We are offering:

ABN AMRO offers an informal multi-cultural working environment with great colleagues in which you bear responsibility and can make a difference. Work that has an impact on large groups of people. We challenge you every day to get the best out of yourself, in which you decide how high you want to set the bar allowing you to grow into the professional you want to be. We offer you a great deal of freedom to get the best out of yourself, ability to work flexibly in an enthusiastic small team and the space to grow.

At ABN AMRO you get an excellent work-life balance with room to organize your time and shape your working day. We offer room to grow including a wide range of training opportunities. The position comes with a competitive salary and excellent benefits, with room for personal preferences. So seize this opportunity to develop into the professional you aspire to be.