Portfolio Manager
Helsinki
The Nordic Investment Bank (NIB) is an international financial institution jointly owned by the governments of Estonia, Denmark, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank promotes sustainable growth of its member countries by providing long-term financing based on sound banking principles for projects that improve productivity and benefit the environment in the Nordic-Baltic region. The Bank finances investments in the corporate or public sector, as well as investments into small and medium-sized enterprises through financial intermediaries. The Bankยดs role is also to assist its members in times of economic crises and to provide additional value compared to other financiers.
NIB has some 240 employees, and the outstanding lending portfolio amounts to some EUR 22 billion. The liquidity buffer portfolio amounts to EUR 14 billion, and the total balance sheet is approx. EUR 40 billion. The Bank has the highest possible credit rating, AAA/Aaa, from the leading rating agencies. NIB has its headquarters in Helsinki, Finland and the working language of the Bank is English.
Portfolio Manager
NIB is now seeking a Portfolio Manager to join the Asset and Liability Management (ALM) team in the Treasury & Finance department. The ALM team consists of the Head of unit and three full-time employees. The position is based at the Bankโs headquarters in Helsinki.
The ALM team is responsible for funds transfer pricing and for supporting lending on hedging, disbursements and prepayment situations. Additionally, the ALM team is responsible for managing NIBโs market risks on the balance sheet and investing the short end of the liquidity buffer.
As a Portfolio Manager, together with your colleagues, you will be responsible for maintaining and developing the funds transfer pricing framework towards the lending function as well as creating tools and analysis to manage mismatches in the balance sheet. You will also be responsible for dealing in cash and derivative instruments to manage the liquidity position and market risks of the Bank.
The ideal candidate will have:
Experience in working with funds transfer pricing principles and pricing of liquidity to manage balance sheet mismatches Strong product knowledge in financial instruments such as interest rate swaps, cross currency swaps, foreign exchange, and money market instruments A background in banking An analytical mindset and capability of developing new tools together with the team Understanding of liquidity and balance sheet management A creative and innovative thinking A purpose-driven approach with a good understanding of sustainability matters A masterโs degree in finance, economics, or a similar field Knowledge of programming languages such as Python in an advantageExcellent language skills in English are required, and skills in member countries languages will be highly meriting.
Applications, together with a CV, should be submitted in English. To apply for the position and for more information about NIB, please visit https://www.nib.int/who_we_are/our_people/jobs.
Further information about the position can be obtained from the Head of Asset and Liability Management, Eveliina Alestalo Rajala eveliina.alestalo@nib.int (+ 358 50ย 537 5070) or from Associate Director, HR, Marcos Esteves marcos.esteves@nib.int (+ 358 50ย 467 8488) on 10 January 2024 between 14:00 โ 15:00 EEST.
The deadline for submitting application is 28 January 2024, applications will, however, be processed successively when received.
We warmly welcome expatriate employees and their families by supporting their relocation and integration to a lively Nordic capital with a modern atmosphere.
The vision of NIB is a prosperous and sustainable Nordic-Baltic region. Our employees are our strongest asset in realising this vision. Our core values are competence, commitment and cooperation.
In recruitment, NIB puts the main emphasis on personal and professional qualifications and experience, and we promote gender equality, diversity and inclusion.
All applications will be handled in the strictest confidence.
The vision of NIB is a prosperous and sustainable Nordic-Baltic region. Our employees are our strongest asset in realising this vision. Our core values are competence, commitment and cooperation.
In recruitment, NIB puts the main emphasis on personal and professional qualifications and experience.
NIB is a professional expert organisation, and encourages employees to continuously develop their professional competencies while maintaining a sustainable work-life balance.
Contact person
Eveliina Alestalo Rajala
Head of Asset and Liability Management
eveliina.alestalo@nib.int
Marcos Esteves
Associate Director, HR
marcos.esteves@nib.int Back to available jobs Apply