Dynamic Credit started in New York as a fixed-income asset management firm, extending our services with an advisory practice in the following years, eventually becoming a full-service asset manager and direct lender headquartered in Amsterdam. Dynamic Credit is organised along product lines: Multi Strategy Asset Management, Direct Lending Netherlands, and LoanClear. Within those product lines, our people tap into their expertise to service both investors and borrowers, and develop the software required to exceed expectations.
Key Functions (like legal, compliance, risk, talent management, finance, IT, office management) make sure the organisation can function and grow in the most optimal way. In 2022, BNP Paribas Asset Management (BNPP AM) became a majority shareholder, which allows Dynamic Credit access to a large and global distribution network. With the backing of a leading asset manager, Dynamic Credit can further build on its skillset in originating and managing loan portfolios, while significantly growing the asset base of BNPP AM.
During the global financial crisis in 2008-2009 Tonko advised the Dutch Central Bank and the Ministry of Finance on the solution for the US mortgage issues ING Bank was facing, giving the Dutch taxpayer a positive return of € 1.4 billion.
Frederik Roeskestraat 97-D
1076 EC Amsterdam
Dynamic Credit is looking for a Senior Full Stack Software Developer for our Amsterdam office, who has solid knowledge of software development in a cloud environment.
We are hiring: a Risk Associate to further strengthen our Key Function professionals.
Rising interest rates have significantly transformed the Dutch mortgage market. The demand for long fixed-rate periods and refinancing has decreased, while portability usage has surged. A substantial interest rate divergence is observed between the most competitive lenders and the largest banks, primarily attributed to reduced price sensitivity among existing homeowners with lower mortgage rates, who are now incentivized to remain with their existing lender and, in case of relocation, to port their mortgage combined with a further advance. Furthermore, house prices have decreased and general consumer confidence, although still negative, has improved during the quarter with consumption still growing.