Senior Hedge Accounting Specialist

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Senior Hedge Accounting Specialist Do you want to become one of our curious Senior Hedge Accounting Specialists, who gets energy from solving complex problems? Do you want to play a key role and work in a dynamic environment where the bank’s hedging and hedge accounting activities are continuously impacted by changing market conditions and regulations? You and your job As a Senior Hedge Accounting Specialist, you will ensure seamless centralized hedge accounting (HA) activities for the entire Group, maintaining Rabobank's top-notch standards. You will cultivate relationships with stakeholders, actively engaging in cross-functional team projects to refine HA processes, efficiency, and controls. Beyond your team, you'll collaborate with Finance, Risk, Treasury, Control, Markets, IT, and Internal/External Audit. Practical Examples Analyse monthly hedging derivatives P/L movements after application of HA and prepare the monthly management report. Review and improve controls of our robust control framework. Address ad-hoc requests, such as EBA and IRRBB data queries. Facts & Figures 36 hours per week. A high-performance team comprising 13 professionals across three sub-teams -Transform, Analyse, and Change- alongside a dedicated IT team, with diverse international backgrounds and skills. 43,822 Rabobank colleagues around the world. Top 3 responsibilities Reduce, validate and analyse significant monthly movements in hedging derivatives P/L and perform HA under the IAS39 EU carve out and IFRS9 on a monthly basis (daily where needed) in a well-automated environment. Ensure a high level of assurance regarding the completeness and accuracy of the Group HA process. Identify and structurally resolve data quality issues. Together we achieve more than alone We believe in the power of difference. Bringing together people's differences is what makes us an even better bank. So we are very curious about what you can bring to our Analysis team at Hedge Accounting Department as Senior Hedge Accounting Specialist. “The place where advanced, complex finance, risk and accounting meets IT and innovation. And you get to play a role in it!” - Emiel Boddé, Senior HA Specialist "The devil is in the detail. Know what you don’t know” - Léon van Kessel, Senior HA Specialist The 13 people in the Hedge Accounting Department are dedicated to apply successful hedge accounting strategies and mitigate P&L volatility in hedging derivatives. Working together is the way we work; as 1 passionate and goal-driven expert team at Rabobank. Talking of Rabobank: We are a Dutch bank that operates in 38 countries for over 9,500,000 customers. Together with these customers, our members and partners we stand side by side to create a world in which everyone has access to enough healthy food. In the Netherlands we work to create a country in which people are happy with how they live, work and do business. You and your talent Naturally curious with strong analytical skills. Thrive on solving complex problems. Quick grasp of new concepts, fast learner. Take ownership, deliver excellence, maintain accuracy with a keen eye for detail. Completed relevant 'Masters' degree (RA or RC preferred). Strong familiarity with interest rate derivatives. Over 5 years of finance and control experience, minimum 2 years in wholesale banking. Knowledge and experience in IFRS, especially IAS39 and IFRS 9. Ideally, prior experience in HA within the banking industry. Encouraging applications from candidates who offer unique skills or perspectives, even if not meeting all criteria. This is what we offer you up to € 6,927 gross per month (scale 10). Salary will be set by comparing experience levels with our internal workforce and will be indexed in 2024 accordingly to new CLA. Thirteenth month's salary and 8% holiday allowance. An Employee Benefit Budget (EBB) of 11% of your gross salary to be used at your discretion. Buy extra holiday hours, add more to your pension savings or ask for part of the extra budget to be paid out. € 750 budget to set up your home workplace and up to € 40 for working from home allowance per month. Personal budget of € 1,400 to spend on activities related to your personal development and career. Flexible working times and hybrid location-independent working within the limits dictated by working in a team. 100% reimbursement of commuting costs if you travel by public transport. A pension scheme, to which you choose your own contribution of either 3.5 or 5.5%. This is a selection of the terms of employment for a Senior Hedge Accounting Specialist based on a 36 hour working week. You can find all terms of employment on Terms of Employment at Rabobank - Rabobank You and the job application process Reply to the vacancy for Senior Hedge Accounting specialist at Rabobank before January 12th, 2024. Any questions about the job content? Contact: Rachel Man, Team lead Analysis Team, Hedge Accounting Department via Rachel.man@rabobank.com or 088-7249512. Any questions about working at Rabobank and the process? Monique Visser, Corporate Recruiter via monique.visser@rabobank.nl. The application process for this vacancy includes an individual assessment. You can find answers to the most frequently asked questions on rabobank.jobs/en/faq. A security check is part of the process. We respect your privacy. #LI-MV3

Rabobank is a bank that works for its customers and members. We are one of the largest financial institutions in the world, but we're still very involved at the local level. Our goal is to help customers achieve their goals. In addition, we aim to make a substantial contribution to the well-being and prosperity of people in the Netherlands and to a sustainable global food supply. We are a bank with cooperative roots. Everything we do, we do together.

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