Intern Actuary Treasury & ALM Manager 1

You will be part of Group Treasury, the department that ensures that the balance sheet of KBC is managed in a safe and profitable way. In doing so, Group Treasury generates a large part of the interest income which remains the most important source of profitability for KBC Group.

This is done via

Asset & Liability management – managing the interest rate position and investment portfolios of bank and insurance to generate more interest income; Optimizing the balance sheet composition, and managing the liquidity and funding cost/mix of banking subsidiaries and the group by attracting short & long term funding in the market and by steering the internal cost of funds for subsidiaries and commercial activities; Management of the short-term volatility of P&L and capital ratios via the application of hedge accounting techniques.

Group Treasury and the Local Treasuries in all subsidiaries work closely together and also in close contact with the different commercial activities. In this respect Treasury offers an unique opportunity to work in an intellectually challenging environment that provides a helicopter view on bank & insurance activities with a focus on international collaboration.

Digitalisation presents many opportunities and challenges in the treasury domain (digital currencies, more efficient client behaviour, different competitive behaviour, …) which Group Treasury closely monitors and for which solutions are developed. Start internship September 2026