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Type of Role: InvestmentsOperations

Experience Level: Analyst/Associate

Location: Amsterdam, Netherlands

Salary: $55K - $73K

APG is one of the world’s largest pension investors. At the end of October 2023, the assets we manage for our pension funds and their 4.8 million participants in total represented a value of approximately 508 billion euros. And we are actually quite proud of that. To manage these assets as responsibly as possible, it is our ambition to achieve attractive and sustainable investment returns for our customers, in a responsible way. So that we can always ensure a good and affordable pension. For current and future generations.

As an ODD Specialist you will be part of a team of nine ODD specialists, which are positioned centrally in the Investment Department of APG Asset Management. The essence of your job is to execute investment due diligence activities on our 300 external investment managers and 100 direct private investments globally. You will work closely together with the global investment teams in Amsterdam, Hong Kong and New York to support and facilitate the Portfolio Managers in their ODD efforts. The position will require the flexibility to travel on a frequent basis varying to one day (Europe) or multiple days (USA and Asia).We are looking for an analytical thinker, preferably with some relevant working experience (up to 3 years). If you can combine analytical thinking with a pragmatic approach and the ability to apply a helicopter view yet have an eye for detail, then we would love to hear your story! Particularly if you also have affinity in digitalization.You will work under the supervision of a Senior and will have the following responsibilities:

  • Participate in due diligence activities on APG’s external investment managers and direct private investments worldwide. Typical activities include:
    • Perform an elaborate evaluation by assessing the policies and procedures set by the external investment managers.
    • Conduct onsite or virtual ODD interviews (frequently with C-level management) to evaluate the operational risk profile of the external firm
    • Write ODD reports and discuss conclusions and recommendations with portfolio managers
  • Consider and monitor the integrity risks on external investment managers and direct private investments.
  • Contributing to development and maintenance of 1st line risk control frameworks, guidelines, tools, systems, standards, formats, models, methods etc.
  • Participate in the digitalization roadmap within the ODD team.

As an ODD Specialist you have a self-starting attitude. You have a pro-active, hands-on and pragmatic client centric mindset. You know how to organize your internal network and you are a team player with a healthy ambition. You are analytically strong, your work is accurate and you possess an excellent command of English (writing and speaking). You are able to form an independent opinion, willing to challenge and ask the right questions at the right moment and you are not afraid to ask for more information when necessary.

Additionally, you have:

  • An academic degree and 0-3 years relevant work experience. A basic knowledge of asset management and related business processes is a pre;
  • You have affinity with governance and process control, are ambitious and comfortable operating in a demanding, performance oriented work environment;
  • Preferably you bring specialist knowledge or expertise in a field that currently is underrepresented in the team. Examples (non-limitative) include information security / digitization, compliance, and audit;
  • Eagerness in self development by e.g. willingness to obtaining professional qualification (CFA, CAIA, or alike);

The willingness to travel internationally is a hard requirement. This might include being stationed for several months in one of the overseas APG offices.

We offer you a competitive salary based on a 40 hours working week and attractive terms of employment with a focus on flexibility.• A guaranteed year-end bonus of 8.33%• Ample attention to your vitality and personal development

• Hybrid working: at home and in one of our superb offices

• And of course a well organized pension.

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.

APG is committed to serving 4.7 million people in the Netherlands. That explains the importance we attach to reflecting Dutch society. To that end, APG strives for an inclusive work environment in which everyone can be themselves and their unique qualities are embraced.

Choosing APG means choosing a job in which you contribute to a bright future. Don’t delay, apply today!