Global Markets Traineeship
Global Markets Traineeship
At a glance
Are you socially skilled, curious and interested in financial markets? Have you always wanted to work on the largest trading floor in continental Europe? Then the Global Markets Traineeship is right for you! You will work on the best deals for our customers and guide them in the complex world of financial instruments. Apply now for the Global Markets traineeship for a start in September 2024.
Working environment
Working at ABN AMRO means becoming even better at what you do. We understand our clients, translate their ambitions into joint successes and earn their trust. We want our clients to understand our products. That's why we sometimes say 'no' when the risk for the client is too big. Banking is our profession, the world is our challenge.
Global Markets is at the heart of ABN AMRO. We advise clients on the purchase and sale of financial products and services, such as securities or currencies. We also assist clients with an IPO or the issuance of bonds. We carry out transactions from our offices in Amsterdam, New York, Frankfurt, London and Paris.
Your job
As a trainee within the Global Markets department, you are interested in what is happening in the world and financial markets and how this influences the needs of our clients, products and the bank. It goes without saying that during the traineeship you will have a lot of room to develop yourself, both personally and professionally.
During your first 5 weeks at ABN AMRO you will follow the Corporate Banking talent program together with your fellow trainees at Nyenrode. During this period you will get to know the corporate bank better from the inside out. In addition to a broad introduction to ABN AMRO, you will participate in trainings in the field of Financial Markets, Financial Analysis, Financial Modeling, Corporate Banking, Credit Risk and Personal Development. The trainings are provided by experts who belong to the top of their field. Together they offer you a solid basis to further develop yourself within the bank. At the same time you build an international network of fellow trainees in different parts of the corporate bank. The perfect start to your career!
After the Nyenrode training, you start in the rotation program to get to know the Global Markets department better. In the first year of the traineeship you will build strong product knowledge, learn what our different teams do and follow a pre-defined rotation schedule to find out where your interests lie. In the second year you build your own schedule according to your talents and personal interest. You can use the experience you have gained to rotate in New York, London, Paris or Frankfurt. You will also have the opportunity to broaden your horizon by doing a rotation in another department within the Corporate Bank. After 24 months you are ready for a position within Global Markets that matches your skills and ambitions.
Possible rotations:
- Fixed Income & Derivatives (FID) Sales & Trading: Dive into the world of interest rate products and derivatives and improve your technical skills with one of our FID Trading teams. Learn to structure financial products for institutional and corporate clients.
- Foreign Exchange Sales & Trading: Emerge yourself in the rapidly changing world of foreign exchange (FX). Help to improve our (electronic) FX trading platforms and understand how our FX Sales team serves our clients
- Debt Capital Markets (DCM): You are involved in a wide range of DCM transactions such as bond issues from corporate and financial institutions, securitisations and syndicated loans
- Equity Capital Markets (ECM): Participate in important strategic transactions such as IPOs, share issues and rights issues
- Product Management & Strategy: Gain unique insights into the strategic choices for Global Markets in alignment with the broader ABN AMRO strategy
As your role is constantly changing, you will learn a lot in a short time. With all the knowledge you gain, you guarantee yourself a solid basis for a great career at ABN AMRO.
Your profile
You have the ability to understand complex matters and you have a keen interest in financial markets. We don't have to tell you that sharing knowledge and working as a team are crucial on our trading floor. You also have the ability to bring colleagues with different backgrounds together in order to optimally serve our clients. Achieving goals gives you satisfaction, you enjoy learning new things and you feel comfortable in changing environments.
You further recognize yourself in the below profile:
- Master's degree with above-average study results in (for example) Econometrics, Quantitative Finance, Finance & Investments, (Financial) Economics, or similar studies and no more than two years of work experience
- (Internship) experience at a financial institution
- Relevant extracurricular activities or relevant experience abroad
- Proven affinity with financial markets and financial products
- Eager to learn, motivated and you want to get the best out of yourself
- Team player with strong communication skills
- Knowledge of data, experience with programming and data is a plus
- Fluent in English
- A valid work permit to work and live in the Netherlands
What we offer
The opportunity to get the best out of yourself and plenty of room to grow both personally and professionally. Furthermore, we offer you:
- A competitive salary based on a 40-hour working week
- A benefit budget (part of the annual salary) that offers the opportunity to purchase flexible employment conditions (e.g. a bicycle or telephone)
- A permanent contract after successfully completing the initial 12-month period of the talent program
- An additional personal development budget of €1,000 per year that you can spend freely
- An annual public transport pass valid throughout the Netherlands
- A good pension scheme and health insurance
- Do you want to get away for a longer period of time? Then you can take a sabbatical of 1 to 6 months every 5 years, while retaining 40% salary during the first 3 months.
Interested or questions?
Are you interested? Then respond to the vacancy now, we would like to meet you! Apply via the button and upload your motivation letter, CV and grade list. If you have any questions, please contact Mark van der Wal via mark.van.der.wal@nl.abnamro.com
Important to know
- The deadline to apply is 4 July 2024
- The interviews will take place mid to end July 2024
- The hiring process consist of CV selection, an online assessment and two interviews
- The Global Markets traineeship will start in September 2024
Equal opportunities for all
We think it is important that everyone can develop his or her qualities so that every colleague feels involved and valued. An interplay of cultures, knowledge and experience provides surprising insights and innovative solutions. Diversity is therefore extremely important to our organisation.
Research shows that female candidates (compared to male applicants) are more hesitant to apply for positions for which they believe they do not meet 100% of the requirements. So, do you recognize yourself in this challenge, but are you in doubt whether you meet all the requirements? Then we look forward to receiving your motivation letter, CV and grade list.
