Junior Quantitative Analyst (Market & Counterparty Credit Risk Modelling) 1 in Amsterdam

Are you skilled in math and do you love analytic work? Do you want to be responsible for the development and improvement of financial risk models? Is working with other modellers in a professional team something you enjoy? Then this just might be the position you’re looking for! Tell us your story. We are curious. If you’re already good, we’ll make you even better. That’s a promise. So seize this opportunity to develop into the professional you aspire to be.

What do you see when you envision the next step? Work on achieving your goals and develop yourself professionally and personally. Tell us your story. We want to hear it!

You’re part of the Market & Counterparty Credit Risk Modelling team. This team is responsible for models that are used on a daily basis to calculate market risk and counterparty credit risk for the Trading book. Also margin models, collateral models and prudent valuation models are in scope of this team. As a junior Quantitative Analyst, you’re working on some market risk or counterparty models. The quality of these models can have a big impact on the bank’s trading profit and loss.

You will get exposure to quantitative risk modelling and analysis. You perform statistical analyses on data and research how the models operate with prototypes. After implementation, you’re involved in the testing of models in complex Front Office systems.

Within Market & Counterparty Credit Risk Modelling you will work closely together in a dynamic, international team of 8 people. The department is part of Risk Modelling, which is a growing, international team of more than 90 professionals. We are the centre of excellence within the bank for developing quantitative risk models, which inform the bank in its daily decisions, from pricing of deals and granting of customer credits, through to setting and monitoring of market risk limits and determining capital requirements for the bank.

Working at ABN AMRO means becoming even better at what you do. We understand clients, translate their ambitions into joint success and thus earn their trust. We want our clients to understand our products. It's why we sometimes say 'no' if the risk attached to a product is too great for the client. Serving the client's interests is also a question of offering – and communicating – a transparent range of products. Banking is our business, the world is our challenge.

Do you think you’re a good fit? Check out your profile:
 
•    Quantitative academic education (Master’s degree or Ph.D.) in a relevant field, like econometrics, mathematics or physics;
•    Knowledge on financial mathematics, option pricing theory and stochastic calculus as well as the most recent developments in these fields;
•    Affinity with financial markets and products;
•    Strong analytic skills;
•    Be able to program in modern programming languages (Python, Matlab, R, or C++);
•    Able to work under high pressure;
•    Excellent team player;
•    Advanced interpersonal and communicative skills;
•    Well versed in English, written and spoken.

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.

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.

We are offering:

• The opportunity to be the best you can be, work flexible hours and lots of room to grow both personally and professionally
• The opportunity to pro-actively work on your vitality and fitness
• A supplementary benefit budget of 11%, which you can spend on additional fringe benefits
• A personal development budget of EUR 1.000 per year
• An annual public transportation pass or travel budget, depending on the function
• A solid pension plan