Economic Consultant Scenarios and Asset Valuation

Do you want to be part of a company that advises an international client base of pension funds, insurance companies, sovereign wealth funds, banks, and asset managers? Are you client-oriented and do you want to build your consulting expertise? Do you enjoy following global economic developments and financial news? Join us as an Economic Consultant in our Scenarios and Asset Valuation team!

What will you do as a consultant?

As a consultant, you will be part of a team that is responsible for helping our clients work with our quantitative economic scenarios for many applications such as ALM for pension funds and insurers, risk management, and financial planning. You will be the first point of contact for a portfolio of clients that you will build a relationship with. In addition, you will be in touch with a wide range of clients located in various regions for more ad hoc requests. While the interaction with our clients is mostly online, we make an effort to visit our clients in person where possible, as well as invite them to our events such as the Client Conference.

The stochastic scenarios that you will be advising on are generated by a simulation model and provide the projected future risk and return of many asset classes such as equities, government bonds, corporate credits, and private assets. These scenarios are constructed to reflect the economic characteristics of market behavior in a realistic way. Our clients can therefore use our scenarios to navigate the uncertain economic environment and analyze which investments fit best with their goals.

Within this role, every day will be different. During a typical week, you may:

• Discuss with a European pension fund how current financial and economic developments are reflected in our quantitative scenario projections. Your enthusiasm and communication skills help them deepen their insight into the current high inflation environment. By working together with a colleague from a different solution, you can include the potential consequences of monetary policy for their balance sheet in this discussion.
• Set up our economic scenarios for a new client in Asia. By asking the right questions, you understand their perspective and can effectively address their needs. You perform a data analysis on their investment portfolio to relate it to the models that we use to analyze the risk and return of their investments. By liaising with our team of quantitative financial analysts, you determine whether any custom modelling should be built, and what the possibilities are.
• Get to know a prospective client located in the United Kingdom. Together with a senior consultant, you help our sales colleague identify the needs of this insurer. Based on this discussion, you highlight the added value of our quantitative models in their context, including a discussion of stress testing possibilities that will help them address questions from their regulator.

We work together as a team to provide high quality service to our clients, while maintaining a healthy work-life balance. The senior consultants in the team are available to coach you and they will actively help you grow towards realizing your ambitions.

We offer you plenty of room to fully apply your talents and highly value an enterprising spirit. You will be given responsibilities immediately and will work directly with clients soon after starting in this role.

The Scenarios and Asset Valuation Solution

You will be part of our Scenarios and Asset Valuation Solution, which is a group of about 25 persons. We provide both real-world and risk-neutral economic scenarios to enable our clients to manage the complexity of investment decision making. Our real-world scenarios provide risk and return projections that dynamically adjust to the latest economic and financial market circumstances. This includes the effects of ‘externalities’ such as central bank interventions or Brexit and has a global coverage of asset classes for many different regions. We achieve this by integrating characteristics of realistic market behavior (“stylized facts”) into forward-looking asset prices, yield curves, and volatilities as well as into the broader macro-economic environment. Our risk-neutral scenarios enable actuaries and finance professionals to perform market-consistent valuations of optionality in insurance liabilities and of financial contingent claims more generally. SAV is an innovative multidisciplinary group with Consultants, Quantitative Financial Analysts, and Quantitative Developers as well as Software Developers.

What do you bring for this position?

Like all teams within Ortec Finance, we value honest and open collaboration. We maintain a safe and supportive atmosphere and we enjoy creating products we are proud of. Open, lively, and direct communication is king. Owning your work, having a pro-active attitude, and showing dedication, energy and ambition will get you far within Ortec Finance.

As a consultant it is important that you enjoy interacting with customers and maintaining relationships with customers. You show excellent social and communicative skills. And you can clearly and effectively communicate complex matters to clients and senior stakeholders.

Naturally, you identify with our core values. In addition, the following aspects are important:

• A clear affinity with finance is mandatory, as is an MSc qualification, preferably in Econometrics, Quantitative Finance, or another quantitative field;
• 0-3 years of relevant work experience;
• A solid knowledge of financial markets and economics;
• Follows the global economic developments and financial news;
• Solid command of the English language, both in speaking and in writing.

The vacancy offers more than just a challenge

We offer you a challenging and rewarding role in a growing company, while being part of an inspirational global business. A great working environment and opportunities for personal and professional career development. An active employee association that organizes various activities throughout the year and you will be part of an industry-leading global team, renowned for excellence!

The salary range for this position is roughly 52K - 64K on yearly basis (including estimated variable pay, fixed 13th month, 8% holiday allowance), dependent on your role, competency profile and experience.

In addition to this competitive salary, we offer you excellent benefits, including:

• Hybrid working, meaning a minimum of two days at the office and the possibility to work three from home (of course you’re welcome to work every day at the office) – our main office is in Rotterdam, beautifully located overlooking the Nieuwe Maas near Blaak station and we have a roomy Amsterdam office under two minutes’ walk from Sloterdijk station.
• You start with a one-year contract, and we offer the prospect of a permanent contract because we strive for a long-term collaboration.
• Fixed 13th month, 8% holiday allowance, participation in a bonus scheme (based on achieving pre-determined set of KPI’s, a bonus of 12% of the annual salary can be earned), participation in the pension scheme, commute, and business travel allowance, working from home allowance, 27 vacation days and the possibility to buy more.
• An open and inclusive work environment (Active staff association, staff social events, annual summer, and Christmas party and much more) with inspiring, smart, and enthusiastic colleagues.

Who are we?

Working at Ortec Finance means working somewhere else. It means working in a world where colleagues meet, gather knowledge and where likeminded peers are always willing to help each other. Where the organizational culture is friendly, flat, and non-political.

Working at Ortec Finance also means working in a continuously innovating world where science, academics and mathematics dominate, since models are key in helping Ortec Finance’ clients with complex financial decisions. Because that’s what we love: giving our clients the best advice possible. Where the daily job is very in-dept, based on evidence and relevant for society. It means a job that matters. Where the learning curve is steep; we learn something new every single day. And we need to, because continuously innovation is key. Especially in a fin tech world. We don’t necessarily follow all conventions. Because yes, we are a bit rebellious too.

Ortec Finance is the leading provider of technology and solutions for risk and return management. It is our purpose to enable people to manage the complexity of investment decisions. We do this through delivering leading technologies and solutions for investment decision-making to financial institutions around the world. Our strength lies in an effective combination of advanced models, innovative technology and in-depth market knowledge.

Headquartered in Rotterdam, Ortec Finance has offices in Amsterdam, London, Toronto, Melbourne, and Zurich.

• 20+ countries represented;
• 500+ customers;
• 96% retention rate;
• 3 trillion euros total assets managed by our clients.

More information or to apply?

For more information regarding this position please contact our HR department at +31 10 700 5000. To apply, please use the application button to send us your CV and cover letter.