This is going to be your job
Job desription
Operational Due Diligence (ODD) is about monitoring the outsourcing risk on APG AM’s external investment parties, with special focus on their operational risk profile. An ODD has a very broad scope and focuses on assessing the governance and internal control of organizations. We thereby speak with senior management, but also with Finance, Operations, IT, Risk, Compliance, and Audit. As a Operational Due Diligence Specialist you will be part of the 1st line ODD Desk, a 7 person specialist team based in Amsterdam, which is centrally positioned in the investment department of APG Asset Management. The team has a global scope and looks at all externally managed asset classes. This gives you a quick insight into the different asset classes and you work closely with portfolio managers from our offices in Amsterdam, Hong Kong and New York. The role offers unique learning opportunities by working together with experienced (investment) professionals.
The essence of your work is to conduct global due diligence activities on our existing 300 external asset managers and on new investments. You will work closely together with the global investment teams to support and facilitate the portfolio managers in their ODD efforts covering a wide range of asset classes: from public (equity, fixed income) to private markets (infrastructure, private equity and real estate).
The position requires the flexibility to travel on a frequent basis, ranging from one day (Europe) to several days (US and Asia), considering COVID-19 travel restrictions. The role may also include temporary deployment to APG's offices in Hong Kong and New York.
You will work under the guidance of a senior specialist and have the following responsibilities:
- Participate in due diligence activities on APG's external asset managers and direct private investment worldwide. Typical activities include:
- Conducting a comprehensive evaluation of the policies and procedures of the external asset managers and direct private investments;
- Conducting onsite or virtual ODD interviews (often with senior management) to evaluate the operational risk profile of the external company;
- Writing ODD reports and discussing the conclusions and recommendations with portfolio managers.
- Consider and monitor integrity risks for external asset managers and direct private investments;
- Contribute to the development and maintenance of 1st line risk management frameworks, guidelines, tools, systems, standards, formats, models, methods, etc.;
- Participation in the digitization roadmap within the ODD team.
This is where you'll work
We offer
We offer you a competitive monthly salary based on a 40-hour working 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!