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Regulatory Advisory Expert Credit Transformation

6 maanden geleden


Amsterdam, Nederland ABN AMRO Bank Voltijd

Your job

As a Regulatory Advisory Expert your work is: 

· Have a clear vision on what target regulatory compliant and efficient credit lifecycle processes (in scope of FS) looks like based on client needs, regulatory requirements and findings

· Identifying gaps vs vision, and using regulatory expertise to advise FS on most suitable solutions ( tactical vs strategic) for gap closure

· Understanding the background of ECBs observations / findings (from a regulatory perspective as well as supervisory expectation) and important to ensure that there is a common understanding of the observation/finding within ABN AMRO

· Proper assessment of solutions based on signals during the OSI and expert opinions and definition of direction that will address the observations, including understanding of achievable vs. initiative delivering and timelines and potential trade-offs (in preparation to final action plan)

· Define the proper action owner based on the chosen solution, in alignment with responsible recommendation owner

· In case of gaps, ensuring mitigants / risk acceptances are in place where required

· Identify root causes of deficiencies in credit risk processes/ dependencies and synergies across findings and new regulations/ propose sequencing of solutioning to actively resolve them

· Ensuring that external deadlines are feasibly based on insight into implementation of solutions

· Maintain high level of combined regulatory as well as operational knowledge of Lending to handle complex compliancy issues, findings and changes in a timely manner 

· Bring in best practices based on deep understanding of market developments

· Scope: Financing Solutions and mainbank retail/SME (PL SME). Not in scope are retail / consumer finance (AAHG, ALFAM), the Dutch entities (ICS, New10, ABF) and local international to the extent not supported operationally by Lending Transformation. 

Working Environment

The Credit Transformation Office, formerly named as the FCD Office, oversees change initiatives that are responsible for building a future-proof and robust credit landscape. FCD change initiatives are important for ABN AMRO's license-to-operate. This means that regulations and risk requirements are firmly anchored in Credit Transformation Office’s value chain and control framework. Furthermore, we are working on integrated IT systems that enable us to do our work efficiently, to deliver accurate and timely reports and to meet (future) customer needs. Credit Transformation Office hierarchically reports to the Head of Lending Transformation, which reports to the Head of Financing Solutions (FS).

The Regulatory Finding Management & Advisory team is located within the Credit Transformation Office, ensuring strategic management of regulatory requirements and findings (incl. audit) within FS and securing and driving their resolution via FCD initiatives OR tactical solutions. Its main aim is to understand the root cause and specific regulatory intention behind the findings, develop appropriate solutions and steer the closure of regulatory and audit findings in a timely and effective manner. This can include active involvement in the FCD program sync and in individual FCD initiatives to secure the closure of open findings. These findings include: OSI, IMI, SREP SA, TRIM, Audit and Progress Monitoring findings. In addition, the Regulatory Advisory Experts within the team are responsible to establish a clear vision on what target regulatory compliant and efficient credit lifecycle processes (in scope of FS) look like based on client needs, regulatory requirements and findings. The Regulatory Finding Management & Advisory team support FCD initiatives in ensuring milestones which close findings or contribute to close findings will be delivered on time. Location: Amsterdam, Noord-Holland, NL.

Your profile

You have a keen interest in lending, regulations, change and credit risk. You understand business and financial risk dynamics and have a good understanding of the lending side of banks. You thrive in a high-performance environment, and you’re a strong team player. 

What’re more:

You’re proactive, entrepreneurial and change-driven You’ve in-depth regulatory expertise You have experience with bank policies and regulations in the field of credit risk and can translate these in requirements You have good project management, stakeholder management and communication skills (both written and oral) You have a strongly developed risk mindset first line of defence principle You have at least 5-7 years experience You’re eager to learn

We offer

We offer a challenging job, with impact on the execution of our lending strategy. We offer you the freedom to get the best out of yourself, to work flexibly and to have many opportunities to grow.

The opportunity to play a key role in the execution of our strategy The opportunity to grow as a talent in our company The opportunity to develop yourself as a change management expert A good salary, classification based on knowledge, experience and equal pay Hay 11 (vacancy also available in HAY12)