The Nordic Investment Bank (NIB) is an international financial institution jointly owned by the governments of Estonia, Denmark, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank promotes sustainable growth of its member countries by providing long-term financing based on sound banking principles for projects that improve productivity and benefit the environment. The Bank finances investments in the corporate or public sector, as well as investments by small and medium-sized enterprises through financial intermediaries. The Bank’s role is also to assist its members in times of economic crises and to provide additional value compared to other financiers.

While maintaining its focus on activities in the member countries, the Bank also finances projects in other markets where a mutual interest is identified.

NIB has some 200 employees, the outstanding lending portfolio amounts to some EUR 24 billion. The liquidity buffer portfolio amounts to EUR 14 billion, and the total balance sheet is EUR 42 billion. The Bank has the highest possible credit rating, AAA/Aaa, from leading rating agencies. NIB has its headquarters in Helsinki, Finland and the working language of the Bank is English.

The Treasury and Finance department is now seeking a new Head of the Portfolio Management unit reporting to the Chief Financial Officer (CFO), Head of Treasury and Finance. The position is based at the Bank’s headquarters in Helsinki, Finland.

Head of Portfolio Management

The Head of Portfolio Management will be member of the Treasury and Finance Management team.

As Head of Portfolio Management, you will be responsible for the Portfolio Management team (currently 3 employees) and for managing NIB’s liquidity buffer bond portfolio. You will be responsible for supporting a strong liquidity risk profile of the Bank, delivering income and for developing the team, ways of working, drive innovation and focus on ESG and sustainability. You will collaborate closely with other parts of Treasury and Finance as well as network with other International Financial Institutions within the field of Portfolio Management.

Further, the ideal candidate will have:

• Strong leadership skills with focus on developing a strong team and engaging people
• Experience as manager, likely with background from financial sector
• A creative and innovative mindset
• Deep knowledge of primary and secondary bond markets and derivatives
• Solid understanding of market and liquidity risks and managing a liquidity buffer of assets
• Result focus on outperforming benchmarks
• Experience in dealing with financial counterparts
• Natural interest for macroeconomic and geopolitical developments
• Analytical mindset and capable of developing own tools
• A purpose-driven approach with good understanding of sustainability matters
• Collaborative skills and be able to activate people to be proactive towards other teams
• A Master’s degree in finance, economics or similar

The executive search firm Amrop AB is supporting the recruitment process and Pernilla Engwall (pernilla.engwall@amrop.se) is pleased to answer any questions that may arise.

Further information about the position can also be obtained from HR Business Partner, Marcos Esteves, marcos.esteves@nib.int or CFO, Kim Skov Jensen, kim.jensen@nib.int.

Applications, together with a CV, should be submitted in English and emailed to NIB@amrop.se, no later than 31 December, 2022.

Additional information

We warmly welcome expatriate employees and their families by supporting their relocation and integration to a lively Nordic capital with a modern atmosphere.

The vision of NIB is a prosperous and sustainable Nordic-Baltic region. Our employees are our strongest asset in realising this vision. Our core values are competence, commitment and cooperation.

In recruitment, NIB puts the main emphasis on personal and professional qualifications and experience.

Excellent language skills in English are required, and skills in member countries languages will be highly meriting.

All applications will be handled in the strictest confidence.