Your job

The department Finance & Risk Business GRIDs deliver Finance and Risk services to its stakeholders i.e Group Finance, Risk Management, Legal and Internal Audit. These services encompass operations and change activities for the departments Accounting and Reporting in Finance, Credit Risk, Central Risk Management, Financial Restructuring & Recovery, Risk Modelling, I&ORM, SIM and Compliance in Risk Management and Legal, Corporate Office and Internal Audit in the CEO domain.

In order to maintain and improve regulatory compliancy and to support strategic Finance and Risk ambitions it is instrumental that the grid/change activities withing the financial risk grid are managed in an effective and efficient manner. These change activities are managed via several large scale programs across the (credit Risk) value chain for which the ultimate responsibility lies with the finance and Risk business grids. The Head of the Financial risk Grid is part of this latter department and is responsible for overseeing and steering the change and oprational activities portfolio within this grid on daily basis and to report on the progress, dilemmas and dependencies to senior mgt.

The Financial Risk grid supports the Risk and Finance functions in mananaging, both from an operational and change management perspective, the processes and applications supporting the Basel Chain, IFRS Chain, Stress Testing and the assicated calculators for these three areas. As head of the Financial Risk Grid you are responsible for managing +/- 250 FTE (both Business and IT) with a total budget of 30/40 million Euro.

As the Grid owner of the Financial Risk grid you are responsible for:

Leading and owning the design and implementation of the Basel, IFRS and Stress testing Functionalities;
Managing the planning, execution, supervision and review of Finacilar Risk grid systems and data governance/processes;
Implementing large scale projects that span multiple Finance, Risk management and business functions;
Responding to requests from Risk & Finance executives to improve/develop Risk & Finance infrastructure and data;
Driving data quality and data gap resolution as data user in close collaboration with data owners across the organisation;
Maintaining relationships and function as a representative for regulators (ECB, DNB, EBA) and auditors;
Managing and controlling daily reporting, data and IT operations;
Maintaining a strong control framework to ensure controlled and stable operations of the function;
Daily steering of the build and maintenance of applications and support of the financial risk processes for areas like Basel, IFRS and Stress testing;
Maintain good relations and provide transparent overview of pruoritiisation and choices to all relevant stakeholders in the Finance and Risk management teams (e.g. Credit Risk, Accounting, Central Risk Management);

You will be making strategic decisions without losing grip of the required day-to-day delivery. When not delivering on your milestones there will be impact on capital reserved, compliancy requirements, regulatory findings and/or fines.

Working environment

Key challenges and desired outcomes

Ensuring consistency of data for the various reporting chains (e.g.: Basel chain, IFRS chain, COREP/FINREP reporting);
Ensuring that data is sourced in a consistent, reconciled, timely and correct manner for the purposes of the various value chains (Accounting, Reporting, Basel. IFRS);
Making significant improvements in quality, granularity, timeliness and control of the (historical) data used with Finance and Risk for the purposes of reporting, accounting and modelling;
Establishing and implementing robust reporting and data architecture for Finance and Risk in alignment with the data strategy of the bank;
Establishing system and data infrastructure for the purpose of developing and running Risk models (AIRB, IFRS & Stress Testing) in alignment with internal policies and regulations models;
Implementing frameworks and controls on regulatory implementations to ensure control and ensure continuous monitoring and evidencing of adherence to policies and regulations;
Aligning on priority, capacity allocation and skill-set across the value chain in cooperation with stakeholders;
Transforming teams to adapt to new ways of working;
Develop and Maintain a transparent relationships with Finance and Risk management teams, Regulators and Boards;
Develop and Maintain a transparent relationships with all stakeholders that are part of the Basel, IFRS and Stres Testing chains (i.e. From Data Owners on the commercial side to the Users of the Reports and Calculation results).

Key relationships

Reports to
- Head of Finance & Risk Business Grids
Direct reports
- VTP FR
- VDT Model Implementation & Run
- VDT CRM / FRR
- VDT Basel
Other relationships/stakeholders:
- Other Grid Owners Finance & Risk Business Grids
- Finance and Risk Management teams (e.g. Credit Risk, Accounting)
- Senior Leadership within Finance and Solutions (Corporate Banking) and the Entities within the bank
- I&T including the CDO function
- Internal Audit
- HR
- Client Units

Your profile

Ideal experience

Experience with interacting with various internal stakeholders, senior regulatory representatives and senior management;
Master's Degree in Economics, Finance, Business administration or comparable level;
You have good knowledge of credit risk and regulations, sustainable finance, modelling, banking products, financial institutions and risk management
10-15 years working experience in a banking environment
Proven experience and interest in Financial Risk processes and in leading support of the Financial Risk Processes and -chains;
Experience with managing a large team of knowledge driven staff;
Strong written and verbal communication skills in English;
You are a enthusiastic, proactive, assertive and result driven team player, who can work independently and is able to translate strategic views and plans into concrete execution.

Leadership attributes

Encourages and empowers teams to challenge the status quo and experiment;
Leads change, by communicating explicitly what needs to change, why changes are necessary, and what are the desired outcomes;
Being mindful as a leader, knows how to be a role model for the team and adjust communication style to different audiences;
Deals with ambiguity by effectively setting priorities, balancing the short and the long term

Collaborating and Influencing

Engages in a dialogue and wins the hearts and minds of individuals and teams. Invites and uses the opinions and perspectives of others;
Anticipates impact of words and actions, preparing for possible resistance and responding in an appropriate way;
Checks with both sides of a discussion to ensure a common understanding;
Takes initiative to maintain contacts both inside and outside the bank;
Entrepreneurial mindset, focused on results and capable of shaping a path to long-term sustainable growth, even / especially in challenging circumstances

Leading People

Brings a vision and clear strategy, aligned to ABN AMRO's purpose and strategy within the area of responsibility;
Mobilises teams to collaborate, enable execution and get the right results;
Delegates roles thoughtfully to free self to work at a more strategic level;
Encourages and motivates team to establish clear, challenging performance goals and metrics for the year;
Periodically reviews team progress against plans, focuses attention beyond the project to the full year or more