Financial Operations Associate Cash & Collateral

For APG, Magnit is looking for a Financial Operations Associate Cash & Collateral. Please note: This role is not suitable for freelancers (ZZP). During the onboarding period, the candidate is expected to work fully on-site. After this period, the candidate is expected to be present at the Heerlen office two days per week. This is a full-time position (40 hours per week) and falls within salary scale 7. Hourly rate is between €60 and €65. The first CV selection will take place on Wednesday, 22 April. The professional is required to present their portfolio if they engage in activities such as trading stocks. This is an operational role in which you can explore and further develop your skills in the fascinating world of cash and collateral management. At our Heerlen office, you will have the opportunity to make a valuable contribution to the future of nearly five million people in the Netherlands by helping manage their pensions in the best possible way. At APG, we offer a pleasant and supportive working environment where you will collaborate with a diverse team.

Job Description

You will become part of our Operations team — the beating heart of APG Asset Management — where risk management and regulatory compliance are key priorities. Together, we ensure the smooth execution and monitoring of all payments (cash management) and coordinate the use of collateral to mitigate risks in financial transactions (collateral management).

We strongly believe in personal development. Therefore, you will start within one of these workflows and gradually gain exposure to the other areas at your own pace, enabling you to become multi-skilled. In this role, you will work closely with various departments within APG as well as with the back offices of international financial institutions. You will operate against clear deadlines, such as market cut-off times and stock exchange opening hours.

Your Responsibilities

• You are involved in a range of operational activities, including account reconciliations, providing cash forecasts, and processing margin calls.
• Together with your colleagues, you contribute to projects beyond day-to-day operations, aimed at improving processes, procedures, and systems.
• You develop new skills and insights by actively participating in cross-team initiatives.
• Diversity and an open culture are key values within our team. We share ideas, work towards common goals, and support each other in our work and development.

Your Profile

• A master’s degree, preferably in economics or finance. Candidates with other academic backgrounds and an affinity with our field are also encouraged to apply.
• Knowledge of and experience in asset management.
• 2–5 years of relevant work experience, preferably within the financial sector or asset management.
• A curious and eager-to-learn mindset, with a strong interest in financial markets and investments. We offer you the opportunity to further develop this knowledge.
• High attention to detail and strong communication skills, with an open attitude towards collaboration and valuing others’ perspectives.
• A proactive approach to work, even when frameworks or guidelines are not always fully defined.
• Strong command of the English language and the ability to clearly and convincingly communicate your ideas.

• Preferred years of experience: 2 years
• Travel required: 25% to 50%
• Shift timings: