Associate Group Strategy

At a glance

Group Strategy is ABN AMRO’s internal strategy consulting department and serves as the strategic accelerator of the bank. The financial industry is undergoing major and fundamental changes, driven by evolving customer needs & expectations, technological developments and regulatory change. This requires a proactive response and the Group Strategy team is instrumental in positioning ABN AMRO for the future. 

Group Strategy conducts strategic projects with high impact and relevance for the three ABN AMRO client units (Personal & Business Banking, Wealth Management and Corporate Banking) and its subsidiaries. Projects are conducted in multidisciplinary project teams that work closely together with client units and in close cooperation with top management of the bank. The team resides within the Strategy & Innovation department of ABN AMRO and reports directly to the CEO.

Your job

As an associate you will work as part of a young, diverse and ambitious team on specific components of a project conducted within ABN AMRO. The Group Strategy team originates from a wide range of backgrounds, nationalities and competencies, both from inside ABN AMRO and externally (e.g. external strategy consultancy and investment banking). Since its inception in 2017 the team has conducted numerous projects, working on a wide range of subjects such as: 

• Near & long-term vision and strategic agenda – supporting the Executive Board in driving and prioritizing the vision and strategic agenda on corporate level, for all client units, based on outside-in trends & benchmarks and (human and technological) capability assessment
• Cross-border value creation – analyzing and assessing activities in all countries in ABN AMRO’s footprint on performance, future outlook and improvement potential; assessing where to divest and where to invest 
• Inorganic growth options, including strategic assessment of M&A opportunities
• Design of (digital) value propositions, business and service models for focus client segments

Working environment

Your profile

As a Group Strategy associate you will have the opportunity to help shape the future of ABN AMRO. You identify trends and developments in customer needs, technology & competition, impacting ABN AMRO strategy. You provide guidance to departments engaged in the projects you work on and ensure knowledge is shared within the organization. You create a fact and logic driven basis for taking strategic (investment) decisions and for developing implementation proposals. The associate role is a challenging and demanding role. Therefore we are looking for highly talented and enthusiastic colleagues matching the following description:

• Intrinsically motivated & fiercely results oriented
• Curious & innovative
• Analytically driven – strong quantitative and analytical capabilities
• Good problem solving skills – structures issues logically and creates practical ideas
• Good sense of humor & pleasant to work with

Knowledge and experience

• Excellent academic track record (Master degree); degree(s) with a strong quantitative component preferred;
•  Preferably 1 to 2 years of experience in a Top Tier Consulting firm, the financial industry, or in a strategic position at a large corporate. Graduates are welcome to apply with relevant internship experience, preferably in domains of finance, financial technology or sustainability;
• Strong English language skills, both written and spoken;
• Proven affinity or connection with the Netherlands. Examples include the ability to speak Dutch, previous study or work experience and/or a personal connection to the Netherlands.

We are offering

Within the Group Strategy team you will be able to develop your analytical, conceptual and consultancy skills. We do everything to get the best out of our people and believe and invest in their success. You will be empowered to perform qualitative and quantitative analyses and develop a thorough understanding of complex problems. The broad exposure to the bank and early cooperation with its decision makers guarantee a steep learning curve. You will work on your skills in a dynamic and fun team that works closely together and helps you to make progress. 

In addition to a highly competitive salary, all team members will be offered an extensive training curriculum and receive all the support to ensure fast-track career development. We provide clear guidance through 1-on-1 mentorships and a concrete development plan designed at the start, including required trainings. You will gain a 360 degree understanding of ABN AMRO group, which makes this position an ideal one should you aspire to move into a strategic consulting position in general or a more specialist role within the financial services industry.

• The gross monthly salary displayed above is based on a 36-hour work week, including vacation pay and benefit budget.
• The Benefit Budget is 11% of your salary. The Benefit Budget allows you to acquire additional employment benefits. If you make no purchases or reservations in the Benefit Shop in a given month, you are paid one twelfth of your Benefit Budget that month.
• Five weeks of vacation per year. You have the option to purchase an additional four weeks per year.
• Personal development Budget of € 1,000 per year, which you can accumulate up to € 3,000.
• Possibility to work from home (in consultation with your team and depending on your position).
• An annual public transport pass with free public transportation throughout the Netherlands.
• An excellent pension scheme.

Interested?

We are looking forward to receive your motivation letter and resume. Please submit your application, university and high school grades and resume via the link on our website to ensure an orderly process. 

The application process consists of three formal rounds and contain assessment of your problem solving skills, personality & fit and presence. 

Acquisition following this vacancy is not appreciated. 

Equal opportunities for all

The success of our organisation depends on the quality of our people and the ideas that they have. Truly surprising insights and innovative solutions for our clients result from an interplay of cultures, knowledge and experience. Diversity is therefore extremely important to our organisation. To ensure that everyone at ABN AMRO can develop their talents, we encourage an inclusive culture in which all colleagues feel engaged and appreciated.

Disclaimer external recruitment agencies

External recruitment agencies must have signed an agreement with ABN AMRO BANK N.V., issued by a Talent Acquisition Specialist, in order to submit CVs. Acquisition is therefore not appreciated.