Who are we?
APG manages over €630 billion in assets for pension funds. APG provides the pension for one in five families in the Netherlands. APG plays a leading role in the pension sector, and focuses strongly on the transition towards sustainable investing. You will join a diverse team of 20 professionals with various nationalities, which is responsible for the navigating the global financial markets. Our core belief is that via informed decision making, with insights from quantitative finance and making use of technology and a variety of data, we will be successful in realizing the investment positions that our clients require. We are on a permanent journey to trade smarter, and need young talent to drive that further.
You will come to work at APG’s Trading-desk in Amsterdam. Given the size of the pensionfunds that APG has a its clients, the scale of the trading-desk activities is oftentimes very significant. The team’s expertise is to implement large exposures effectively and discretely, thereby avoiding impact on market prices. As a full member of the team you can contribute to extending our market-leading position by taking on the challenge of trading. Furthermore you will bear the responsibility to enhance our implementation strategies through quantitative research in a variety of fields, ranging from derivative pricing to market micro structure analysis and systematic strategies.
As a (quantitative) Trader within the Treasury and Trading department your focus areas will be:
Implement (systematic) trading strategies that match the specific needs of APG’s clients to discretely navigate markets with large-sized orders.
Develop tools to quantify market impact and estimate market impact.
Perform portfolio optimizations to manage exposure profiles, diversify counterparty risk and smoothen margin requirements.
Contribute to managing exposures that reside in the Treasury-portfolios that fall under the Trading-desk’s responsibility.
Model price-patterns and liquidity; study micro-structure of markets, instruments and trading platforms.
Contribute to the development of derivative pricing and exposure management tooling.
Establish connectivity to trading-platforms and –venues.
Participate in enhancing the central database-environment that serves as a repository for time-series/market, transactional and fundamental data.
Functional support of existing quantitative tools.
Maintain a good relationship with all external and internal stakeholders.
Contribute to (innovative) products, research, systems, tools and processes in the trading/investment field.
Keep track of developments in the fields of trading and financial markets.
Follow developments in the regulatory environment, interpret their relevance for APG's trading-environment and have the ability to translate these to necessary changes in trading-practices.
You will be working closely with the other traders in the team and towards the rest of the organisation i.e. portfolio managers, risk managers and fiduciary managers.
This is what you offer
As a Trader you will you will join our dynamic environment, you are a team player while working with considerable autonomy. You are enthusiastic, energetic and result-oriented. You do not have any difficulty thinking quickly or switching gear. Your strong analytical skills enable you to identify changes and opportunities in the market.
Furthermore we ask for:
A master’s degree or PhD in Econometrics, Mathematics , Physics, Computer science or Engineering and demonstrated interest in trading;
Maximum of three years’ work experience;
Knowledge about financial markets/products and insight in financial modelling theory and data science methods and techniques. Knowledge about numerical methods applied to finance and good in probability theory and stochastic processes;
Programming skills in Python/R/C++/ VBA/Matlab;
Open and creative mind who can make decisions without having all the information at hand;
Strong communication skills and reasons logically.
This is where you'll work
Within APG AM you will join the Treasury and Trading team. The atmosphere within the team is professional and open. Team members are located in Amsterdam, New York and Hong Kong. The Treasury and Trading function aims to be an objective partner to our clients and stakeholders, ensuring that all risks and costs are taken into account, all decisions are transparent and have a proper audit trail, and the decision making process is sound, responsible and cost effective. APG is an excellent company to work for, both because of its dynamic and supportive atmosphere and also because of the opportunities we offer for continued development. Within this team, you will be able to receive the education and training you need to continue to perform at your best.
This position is based in Amsterdam.
For pension provider APG, pensions are about people, life and how we live together. Through careful asset management, pension administration, communication and advice, APG wants to help build a decent future in which we share our well-being and prosperity honestly and sustainably. For present and future generations. For today, tomorrow and beyond.
We offer a competitive salary and attractive terms of employment with a focus on flexibility.