Would you like to contribute to the development of the bank's TM risk appetite framework, ensuring that it reflects the bank's strategic goals and regulatory requirements? Are you interested in Identifying and assessing AML/CTF risks and feeding the SIRA and the RAS team and managing actions resulting from the SIRA and RASs? The position of Manager Transaction Monitoring Risk Management might be an interesting role for you!
You and your job
The Manager TM Risk Management is hierarchical and functionally responsible for the Control Standards team “TM Risk Management”. The Manager TM Risk Management reports to the Head Control Standards TM. The Manager TM Risk Management assumes the corresponding tasks, accountabilities and responsibilities delegated by the Head Control Standards TM and is therefore accountable for the appropriateness of the management cycle of AML/CTF.
The Manager TM Risk Management will be responsible for finding and action management for the TM pillar (gatekeeper for accepting and correct (smart) description of findings and related actions, steering on timely and adequately solving findings by the responsible teams within TM). You will provide general guidance for Procedures, Processes & Quality, Model Management, Coverage & Control Design and Rule Tuning & Backtesting for setting their specific requirements and risk appetite. Next to that you will complement the top risks from the SIRA to a TM risk framework (from internal (e.g. Standards) and external sources (industry standards, DNB, relevant legislations, etc)) and keep this up to date.
Practical Examples
Work with FEC and front line stakeholders to develop solutions to new or changing TM requirements arising from local laws or regulations in each region/country relevant to the business division.
Advising and assisting MT TM on end to end ownership and risk based approach
Establish TM Control Standards as a trusted and respected control function throughout the Group and, in particular, with front line business partners.
Facts & Figures
40 hours per week
43,822 Rabobank colleagues around the world.
Your Top 5 Responsibilities
Providing clear direction and support to the team, ensuring that their work aligns with the bank's overall strategy and goals.
Providing coaching and development opportunities for team members of all teams, ensuring that they have the necessary skills and expertise to deliver on their responsibilities.
Contribute in developing and communicating a clear vision for the bank's TM program, ensuring that it is understood and embraced by all stakeholders.
Establishing effective governance and oversight processes to ensure the effective and efficient execution of the team's responsibilities.
Stimulate and assure a strong risk culture, awareness of risks and everyone’s contribution to risk management and protecting Rabobank’s reputation.
Together we achieve more than alone
We believe in the power of difference. Bringing together people's differences is what makes us an even better bank. So we are very curious about what you can bring to our team as Manager Transaction Monitoring Risk Management. Working together is the way we work; as 1 passionate and goal-oriented team at Rabobank. Talking of Rabobank: We are a Dutch bank that operates in 38 countries for over 9,5000,000 customers. Together with these customers, our members and partners we stand side by side to create a world in which everyone has access to enough healthy food. In the Netherlands we work to create a country in which people are happy with how they live, work and do business.
You and your talent
Bachelor or Master’s degree
7+ years of leadership experience, preferably within the Transaction Monitoring domain
Extensive knowledge and experience in the area of Risk Management
Knowledge and experience in the area of TM compliance and regulations, with a deep understanding of the regulatory landscape and emerging trends.
Experience with IT developments and innovation in the field of AML/CTF.
Fluent in English, verbal and written
A strong problem solver who is able to work with complex topics
A lean and agile mindset, always seeking continuous improvement
Above all; you have a positive presence and are ready to make a difference.
This is what we offer you (Recruitment will update this for SKA level)
A SKA Scale position (with a maximum of € 11.808);
Thirteenth month's salary and 8% holiday allowance.
An extra budget of 13% of your gross salary to be used at your discretion. Buy extra holiday hours, add more to your pension savings or ask for part of the extra budget to be paid out.
A combination of working from home and at the office.
100% reimbursement of commuting costs if you travel by public transport.
