Networkmanager (External Asset Managers)

Are you looking for a challenging and meaningful role in investment administration, with a strong focus on External Asset Managers? As a member of the Fiduciary Administration team, you will join ten dedicated and friendly colleagues who together ensure the investment and financial administration at client portfolio level, discretionary mandates, and PGGM funds across both public and private markets.

Within the team, there are two focus groups:

• Focus Group Administration: Dedicated to investment and financial administration at client portfolio level, discretionary mandates, and PGGM funds across public and private markets.
• Focus Group Relationship Management: Specializes in maintaining, managing, and monitoring relationships with external service providers (ESPs), custodians, and especially External Asset Managers.

In this role, your main emphasis will be on working with External Asset Managers. You will actively coordinate and monitor asset management administrations that are managed externally. You will serve as the primary point of contact for these managers, ensuring smooth communication and collaboration. Your tasks include:

• Managing relationships and contracts with External Asset Managers.
• Drafting, negotiating, and reviewing Service Level Agreements (SLAs) with these parties.
• Assessing SLAs against Key Risk Indicators (KRIs) and making adjustments as needed.
• Conducting account management activities related to custodians and counterparties.
• Sending out, collecting, and evaluating Operational Due Diligence (ODD) questionnaires and reports for External Asset Managers.
• Developing and implementing policies for external services, and reporting results to internal stakeholders.

What makes this role unique?

• You will work in a dynamic environment, connecting with both internal and external stakeholders, with a special focus on External Asset Managers.
• You will help shape processes that are crucial for PGGM’s clients and funds, ensuring quality and compliance in cooperation with external parties.
• You will have the opportunity to contribute to improvements and innovations within the team and the wider organization.

The Administration department is part of the Operations unit within the Asset Management Business Unit at PGGM. Administration is responsible for the administration of all investments for PGGM’s clients and funds. The department currently consists of four teams: three teams focus on asset management administration for various mandates, and the Fiduciary Administration team is responsible for administration at the client portfolio level, discretionary mandates, and PGGM funds. Collaboration between the teams is of great importance. In total, the Administration department currently comprises around 50 enthusiastic employees. Administration has staff from diverse backgrounds, and the male/female ratio is 2:1. 

Working at Administration means being active in many parts of the investment chain and being in contact with various stakeholders, both internal and external.  

• You have a higher professional or academic level of thinking and working, preferably in business administration or economics.
• You bring at least 3-5 years of relevant experience in institutional asset management.
• You excel at collaborating, planning and organizing, and possess strong analytical skills.
• You are change-oriented, independent, and consistently focused on achieving results.
• You are energetic, knowledgeable, and a true team player.
• You communicate fluently in both Dutch and English, both verbally and in writing.
• You are highly skilled in managing relationships and negotiating with stakeholders.
• You are effective in both physical and digital communication settings.
• You are always seeking improvement and embrace change.
• You can quickly switch between conceptual issues and operational tasks, keeping the big picture in mind while paying attention to details.
• You have experience working with various external service providers in asset management, such as custodians, external asset managers, administration offices, and securities lending agents.
• You are experienced in contract management, including drafting and evaluating SLAs and KRIs.
• You have a strong affinity for innovative technologies and are skilled in using AI applications.
• You have excellent command of MS Office.

At PGGM we are proud of our core values: trust, teamwork and innovation. These values arose from the best stories of our colleagues, moments when they were at their best. We believe those moments occur when you can be 100% yourself. At PGGM, we value the unique combination of your personal and professional attributes. Because what really counts at PGGM are people, one hundred percent! At PGGM, you can count on:

• A pleasant workplace at our office in Zeist and, from the middle of 2028, in the center of Utrecht.
• A gross monthly salary in scale 15 or 16 between 4.670 and 7.310 based on 36 hours, depending on your knowledge and experience.
• A thirteenth month.
• A good pension scheme as a member of the PFZW pension fund (71% paid by PGGM, 29% by the employee).
• An annual Fit for the Future budget of €300 net, which you can use to improve your mental, physical, or financial fitness.
• A generous training budget for internal and external training courses or education.
• More than 26 vacation days (employees can choose to swap up to two national Christian holidays for a day that is important to them).
• Flexibility in working hours and working from home options.
• A net internet allowance of €45 per month (€540 per year).
• Group discount on supplementary health insurance (21% in 2024) and dental insurance (15% in 2024).
• A work-from-home arrangement with a maximum allowance of €900 to set up a health and safety-compliant home office.

You can find more information about our terms of employment and salary scales in our collective labor agreement.

You are most welcome to apply through our webiste, via the blue button.

Applications via mail will not be reviewed, we kindly request you to apply through the website in order to comply with GDPR regulations. Click here to learn more about how we process your personal data.

Please contact Tijmen, recruiter, via tijmen.muller@pggm.nl for more information about the role.

We always communicate via official PGGM email addresses (@pggm.nl). Have you been approached by a third party and/or are you unsure whether the contact is genuinely on behalf of PGGM? Feel free to check whether there is a legitimate collaboration with third parties by emailing or calling us.