Junior Product Control

Summary: 

Join our team as a Junior Product Controller! Learn, grow, and support accurate accounting and reporting at NIBC.

Job Description:

This is what you’ll do

We are looking for a highly motivated and detail-oriented individual to join our team as a Junior Product Controller. You will learn to be responsible for the correct and accurate accounting and reporting of NIBC's product portfolio with an emphasis on

• Accounting, controlling and expected credit loss calculations of NIBC credit portfolio
• NIBC subsidiaries based on accounting and product data delivered by the subsidiaries
• Equity investments, review the processing of relevant events
• Composing annual accounts for investment related (smaller) subsidiaries and equity funds,  managing the financial review/audits by external audit firms.

This is achieved by using insight and overview, conducting controls and performing performance monitoring of the portfolios. With the support of the team you will develop your skills through in-depth analysis, you will evaluate the performance of the product portfolios and the accurateness of the accounting processes. With your contribution, the Finance department is able to create relevant insights and contribute to strategic decision-making. Hence, this position entails a fusion of financial analysis, accounting, valuation, and collaboration across various teams.

Your team

As a Junior Product Controller you will join the Product Control team of NIBC’s Finance department. Within the Finance department, the Product Control team is responsible for ensuring the accuracy and integrity of (financial) reporting for NIBC’s product portfolios, valuation of financial instruments, the execution of hedge accounting and controlling the portfolios managed by the different businesses, as well as performing the monthly closing procedures and preparing the IFRS-based financial statements and disclosures for NIBC. Within the team, with a mix in experience and backgrounds, we strive for an informal, collegial atmosphere where respect, appreciation and positivity are core values.

Talent Program   

Every year, we offer a select group of talented colleagues from the entire bank a spot in our Talent Program. You could be part of this program, too! In this program, you and your fellow trainees (a diverse and international group) will focus on personal and professional development. Working and learning-on-the-job is alternated with targeted training and development activities both developed in cooperation with top ranked business partners. Learning on the job is key in this process, you will be challenged with many hands-on exercises and cases to develop your personal and professional skills.   

Sarah recently participated in the Talent Program as a junior analyst:   

“Before I started working here, I had no idea of the things you could do at a bank. Thanks to my daily activities as part of the Commercial Real Estate team, I'm learning so much. The Talent Program has given me the opportunity to meet lots of people from other teams with whom I can share experiences.”   

NIBC as organization

Founded in 1945 to finance the visionary entrepreneurs who helped rebuilding the Netherlands after the second World War, NIBC was closely collaborating while professionally supporting companies and individuals in realizing their dreams and goals with a sustainable future in mind. As a multicultural midsize bank with a working environment that is best described as dynamic and ambitious, we share a forward-thinking, can-do attitude with our employees and clients which we call our THINK YES mentality. Our corporate values are Professional, Adaptive, Collaborative and Entrepreneurial. By building our company on optimism and mutual trust, and with our THINK YES mentality, NIBC is an enterprising bank that enables ambitions. 

The Finance department supports management with information to effectively steer the organization with timely, reliable and relevant information. It ensures NIBC is compliant with applicable laws and regulations regarding financial and regulatory reporting. The department constantly refines the design, implementation and maintenance of the operating model that fits NIBC’s business strategy of constant development of new commercial efforts.

Think Yes If you…

• Have completed a relevant degree (a degree in Finance or Financial economics), demonstrating eagerness to learn and a can-do attitude in order to continue growing and developing in the role;
• Have 0-2 years of relevant experience (including internship), preferably in banking;
• Have knowledge of accounting for financial instruments, and have strong problem-solving skills in order to address (financial) challenges.
• Have fluent language skills in English and Dutch
• Have an eye for detail to ensure accuracy in financial reporting and analysis, and can work effectively in a collaborative, cross-functional team environment.

No relevant working experience required!  

Fresh ideas and new perspectives are more than welcome at our bank. Do you not have any (relevant) professional experience in the world of banking and finance, but does this field interest you nonetheless? In that case, we're very curious about you and what you can bring to the table with your background. As for the ins and outs of working at a bank? You'll learn those on the job.  

What’s in it for you? 

NIBC is provides an ambitious environment in which together we strive to create a fantastic workplace and where you feel safe and challenged to be the best version of yourself. This is in line with Professional, Adaptive, Collaborative and Entrepeneurial, since you are in the lead of setting the PACE of your career at NIBC. In addition you receive a competitive salary, plus: 

• Several ways to support your development personally and professionally, ao: 

- Personal development budget, to spend at your own discretion 

- Professional budget provided by your manager, to develop yourself in your work 

- In-house training offering 

• NIBC embraces the Hybrid way of Working. This means that we support working from home as well as encourage our colleagues to come to the office. NIBC's guideline is to spend at least half of the working time at the office; 
• Travel expenses or NS Business Card 1st class; 
• 32 vacation days (which do not have to be registered); 
• Excellent pension scheme (26% NIBC contribution); 
• A voucher to improve your home office; 
• The opportunity to take ownership and show initiative in your role. We are always open to new ideas, and encourage to use your voice; 
• The nature of our Grow to Make a Difference program enables you to be in charge of your own development; 
• Two staff associations: YoungNIBC and MyLeisure; 
• Vitality program, annual company-wide sports & leisure days; 
• Monthly internet allowance; 
• Laptop and a company phone; 
• Excellent facilities at the office (Coffeecorner, Restaurant, Exchange bar);  
• Last but not least, a fun workplace in which diversity and inclusion is valued (click here). 

Will you be our new Talent?    

Upload your cover letter and CV via the application button. You can upload multiple documents by clicking the upload button again.   

Application procedure   

Besides getting to know you, we also would like you to get to know us. That's why there will be multiple interviews. We invite you to be curious and ask any questions you may have. An assessment is also part of the procedure.   

Want to know more? Contact us   

About the vacancy:      Michiel Bernhard (Michiel.bernhard@nibc.com) 

About the procedure:   Kirsten Winkel (Kirsten.Winkel@nibc.com)