What does this job entail?
KBC Group Treasury is a truly unique environment. You will join the only ALM & Treasury team in Belgium that manages the balance sheet of an internationally active banking and insurance group. Your focus within our international team? Developing financial models and delivering quantitative analyses that are strategically important for the group.
The core mission of Group Treasury is to ensure that KBC’s balance sheet is managed safely and profitably. Our main activity domains include:
- ALM / Asset & Liability Management: managing the interest rate position and asset mix of our investment portfolios to generate sustainable interest income.
- Optimising balance sheet composition, liquidity and funding cost/mix across our subsidiaries and the group.
- Managing short-term volatility of P&L and capital ratios by applying hedge accounting techniques.
Our Belgian team works closely with colleagues in local treasuries across our other markets to perform these processes end-to-end—from setting strategy to executing in the markets.
As a Financial Modeler, you will develop models that directly influence the interest rate positions KBC takes in all our markets (Belgium, Czech Republic, Hungary, Slovakia, Bulgaria). In doing so, Group Treasury generates a substantial share of the net interest income, which is an important source of profitability for KBC Group.
Expect an intellectually challenging environment in which your experience and expertise truly make a difference.
What do we expect from you?
- You develop models and deliver quantitative analyses that provide insights into client behaviour, risk valuation of the balance sheet and income optimisation.
- You take end-to-end ownership—from data collection, conceptual design and calibration to sensitivity analysis, implementation, back-testing and documentation.
Your key strengths?
- You hold a master’s degree and have at least three years of experience as a model developer, with an expertise in financial modelling and modelling client behaviour for ALM metrics.
- You are excited to work in an international environment and enjoy financial modelling, data science and forecasting—they energise you. You are also keen to deepen your expertise in the ALM & Treasury domain.
- You have hands-on experience with quantitative research and modelling, and you’re a strong Python programmer. You have basic software engineering skills such as object-oriented programming and version control (GIT).
- You are naturally driven and constantly look for ways to improve existing models to generate better insights and support better decision-making.
- You enjoy working closely with colleagues and easily build strong relationships with people from different backgrounds.
- You organise your work efficiently. This helps you to meet deadlines without compromising accuracy.
- You communicate clearly in English and can explain complex models in a way that others can easily understand.
What can we offer you?
- You join the only ALM & Treasury team in Belgium that manages the balance sheet of an internationally active banking and insurance group—giving you the chance to work on ALM & Treasury topics at a European level.
- You work at group level, collaborating (often virtually) with experts across all KBC Group entities. Your contribution supports the continued growth of our international team.
- You’re assured of an excellent onboarding and a pleasant, collegial work atmosphere.
- Across your entire career at KBC, we encourage you to grow as a person and as a professional. You can follow training courses in which you further sharpen your hard and soft skills.
- Your workplace is easily accessible by public transport. You’re also welcome to partly work from home or from one of our other offices.
- Flexible work hours help you to balance your work and your private life.
- We offer you a permanent contract and a competitive salary, supplemented by extra-legal benefits. Sounds familiar? Of course. It’s what you read in every job description. At KBC, we make a difference with our extended flex package. It’s too extensive to go into details here. However, we will happily discuss the various benefits—large and small—at your interview.
Can you help us make the difference?
I develop models that help guide key decisions on interest rate positions and contribute significantly to interest income. One example is KBC Group’s prepayment model, used by senior ALM experts to hedge the balance sheet. Working with international colleagues and senior ALM experts has broadened my perspective. I value that my work in model design plays a key role in Treasury—the heart of the bank.
Tom
Respect and inclusion are core values at KBC. We believe that the individuality of our employees and the diversity of our teams are key to achieving great things. That’s why we recruit new employees based on talent and motivation, regardless of their background or story.
We work closely together to be the reference in the financial sector by innovating, greening and connecting. Interested in joining a ‘Top Employer’ and contributing to new ideas and solutions that help our customers and society move forward?
If this ticks all your boxes, apply now so we can get to know you. And if there are any specific things you’d like us to consider in your application, please let us know. We look forward to hearing from you soon!
