Are you interested in investment risk management, enterprise risk management, compliance and finance?  Are you socially engaged, and do you most enjoy using your talent to contribute to a more sustainable society? Rather than steering clear of risks, do you welcome the challenge of dealing with them? Also, would you like to work on the digitalization of risk management? If so, then read about this vacancy for the Risk & Finance Traineeship with APG.

Job description

As a Risk & Finance trainee with APG Asset Management you’ll get to know all kinds of aspects of risk management and finance. In this trainee position you are part of the second line within APG Asset Management, where you’ll learn how to oversee investment risks, operational risks and compliance risks. You’ll also learn how these risks are measured, monitored and expressed in various client management and risk reports and you’ll get to know the risk management side of an asset management organization.

You’ll work on four assignments that fit with your university education, your interests and the organizational interest. The departments to which you might be allocated for these assignments are Investment Risk Management, Enterprise Risk Management, Compliance and Finance. Within each of these departments there are various teams.

Examples of assignments previous trainees have worked on are: in the Responsible Investment Risk Management team you can contribute to the further development and build of the sustainability risk tool; the Model Risk Management team has fantastic assignments for you if you’re interested in validating strategic models such as the ALM model; and if your interests lie more in the direction of strategic, non-financial risks and business risks, then the Enterprise Risk Management team is meant for you with interesting assignments such as working on the company’s self-service development.

As a trainee you will find your ideas much appreciated, and you will contribute to the further development and implementation of the various areas of risk management. Your fellow team members are just as curious as you are. This is your chance to work on your idea.

Trainee Amber van Roemburg about the traineeship: “The Risk & Finance Traineeship provides numerous opportunities to explore different departments within CFRO. As a risk-oriented trainee, my first assignment focused on developing a sustainability risk tool to evaluate sustainability risks. My second assignment, on the other hand, took a more top-down approach, emphasizing firm-wide risks such as data and technology risks. This experience allowed me to acquire knowledge across a broad range of areas. The traineeship offers great support, including a buddy, mentor, and field coach. Additionally, APG is very welcoming, colleagues are always eager to assist. What I particularly appreciated was seeing theoretical frameworks come to life in real-world applications.“

As a Risk & Finance Trainee you’ll work as a real strategic partner together with the rest of the company, and you’ll consult closely with stakeholders to take the right risk-based decisions. One of the key elements is the stimulation of risk-awareness with the help of data-driven insights. Your fellow team members work on this from the perspective of their own field of expertise, from qualitative matters to quant-related subjects.
Difficult to choose? We can well imagine. However, as a trainee you don’t have to worry about this: you can first get to know a range of topics. You can also use all your technical and programming skills: we want to learn from you too!

Why does your career start with APG? 
Because APG Asset Management:

• Is a world leader in sustainable investment; uses these sustainable investments to ensure a good pension for its participants and to contribute to a better world;
• Is the biggest pension investor in the Netherlands and one of the five biggest in the world, with more than €500 billion in assets under management;
• Invests in (nearly) everything; for example, from equities to fixed income securities and alternative investments (real estate, infrastructure and private investments);
• Has a wealth of interesting datasets;
• Manages most investment and support processes internally;
• Is an ideal environment in which to develop yourself.

During your 2-year Traineeship with APG:

• You will be working on four very different assignments; the last three you can choose yourself; each assignment lasts six months; 
• You will work through a steep learning curve, both personally and professionally;
• You will be assigned your own mentor, field coach, and buddy.

Job requirements

Are you enthusiastic about a traineeship with APG and do you recognize yourself in the following profile? In that case, you should apply for our traineeship.  

• A master's degree in economics, econometrics, finance;
• Affinity with investment and financial markets;
• Fluent mastery of English (fluent Dutch is a plus, in view of the department's contacts with Dutch employers);
• A clear link or connection (living or studying in, or in the past) to the Netherlands is a must;
• You are willing to take initiative, possess strong interpersonal skills, demonstrate numerical acumen, and exhibit excellent creative problem-solving abilities. Additionally, you have a digital mindset and a keen eagerness to learn;
• Broad extra-curricular development, such as committee or board membership, (voluntary) work will be considered a plus;
• Digitization skills and knowledge are required, and (some) experience in digitalization such as R or Python would be a plus point.

Terms of Employment 

• A gross salary of €3,970 (40 hour week). Please note that the starting salary and weekly working hours are the same for every APG Asset Management Trainee and are not negotiable.
• A guaranteed year-end payment of 8.33% and vacation allowance of 8%.
• Monthly vitality contribution of 0.8%.
• 27 days of vacation, Diversity Day (exchange of fixed holidays, such as Good Friday with another religious holiday).
• Two “future days” per year. You can use these days for your own future or for society, and they count as working time.
• First-class public transport card for commuting.
• The office is located in Amsterdam. We work in hybrid mode, so working from home or even a workcation is possible. For working from home, you receive an allowance of €850.- with which to set up your workstation ergonomically plus an internet allowance of €30.- net per month.
• A vitality budget of €200.- net per year to be spent on activities and resources for a healthy living and working style. In addition, you get discounts on subscriptions to many gyms and fitness centers.
• Reimbursement of study costs, such as CFA certification.
• A two-year traineeship contract. Please note that this is not negotiable. Due to strategic changes, we cannot guarantee a continuation after this period.
• And needless to say, a good pension scheme.

For pension administrator APG, pension is about people, life and society. Through prudent asset management, pension administration, communication and advice, APG aims to contribute to a livable future in which we share prosperity and wellbeing 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. This means that APG strives to ensure an inclusive working environment in which each person can be himself or herself and in which everyone’s unique qualities are embraced.

Choosing APG means choosing a job in which you contribute to a bright future. Don’t delay, apply today!

Contact information

For more information, please contact youngtalent@apg.nl.

Do you see a future with APG? Apply by the 4th of March 2025 with your resume (including your BSc and MSc GPA) and an accompanying motivational letter in English. Attention: your application will not be considered if documents are missing.

The selection process will consist of the following steps: online cognitive tests, online candidate chats and a Match Day with roleplay and a business case.

Start date for this traineeship is 1st of October 2025. Please note that this starting date is fixed and cannot be changed. More information: Traineeships at APG | Careers at APG