Are you fascinated by the world of asset management? Are you socially engaged, and do you want to take an extra step for responsible investment? Are you determined to develop yourself into a quantitative investment expert? If so, continue reading our vacancy for a Quant Traineeship with APG.
The role
By starting as a Quant Trainee with APG Asset Management you’ll be given the opportunity to immerse yourself in the world of quantitative modeling in one of the biggest asset managers in Europe. Supervised by experienced field coaches, you’ll work on real asset management issues focused on sustainable investment for the long term.
Because APG manages most of its over 500 billion assets internally, you will be able to see for yourself what goes on in departments such as Portfolio Management, Trading, Model Validation and Asset & Liability Management. APG has all this expertise in house, and that is unique. Do you want to expand your knowledge or look more in-depth into something? Just ask your new colleagues!
Trainee Jade Swanenburg shares the following: “In my current assignment, I am developing a model to assess the risks of various financial instruments. This is a theoretical challenge where I can immerse myself in modeling different complex financial products. Ultimately, the team will use the model in their day-to-day tasks, which also challenges me to ensure a smooth implementation. It's fantastic to see that in this way, I can truly contribute to the team.”
Why does your career start with APG?
Because APG Asset Management:
- Is a world leader in sustainable investment; leveraging 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: from equities to bonds and alternative investments (real estate, infrastructure and private investments);
- Has a great deal of interesting datasets;
- Manages most investment and support processes internally;
- Is an ideal environment in which to develop yourself and discover what you are passionate about.
What you would do
- 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.
What you bring
- A master’s degree in Econometrics, Quantitative Finance, Physics, Mathematics or an equivalent education with excellent academic results.
- Affinity with investment and financial markets.
- Programming skills with Python, R or MATLAB.
- 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.
- Fluent mastery of English (fluent Dutch is very welcome but not essential).
- Extra-curricular development, such as committee or board membership, (voluntary) work will be considered a plus.
What we offer you
- 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.
- And needless to say, a good pension scheme.
Where you will work
For pension provider APG, pension is about people, life, and living together. With careful asset management, pension administration, communication and advice, we work on a livable future for current and future generations. One in which we share prosperity and well-being fairly and sustainably. Now and later.
APG is committed to around 4.5 million people in the Netherlands, which is why we believe it is important to be a reflection of Dutch society. This means that APG strives for an inclusive work environment, in which everyone can be themselves and where your unique qualities are embraced.
When you choose to work at APG, you're choosing a job where you contribute to a bright future. And that's not all. You're also choosing the best employer in the Netherlands in the financial sector! Curious why APG scored so well in the Randstad Employer Brand Research? Check out the article and apply now!
More 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 GPA and BSc and MSc gradelists) and an accompanying motivational letter in English. Attention: your application will not be considered if documents are missing. You can only apply for one traineeship.
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
We do not appreciate acquisition in response to this vacancy.