Quant Traineeship

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.

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.

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.

Qualifications

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 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.

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 info

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