Transaction Monitoring Scenario Expert (Wholesale & Rural)

As a TM Scenario Expert, you help Rabobank proactively protect its customers, society, and itself against money laundering and terrorism financing by designing and improving the functional design of Transaction Monitoring detection rules.

Impact

As a TM Scenario Expert, you help Rabobank proactively protect its customers, society, and itself against money laundering and terrorism financing by designing and improving the functional design of Transaction Monitoring detection rules.

You & your role

Preventing financial economic crime (FEC) is a key priority for both our society and our organization, and as a bank, we play a major role in this field. As a TM Scenario Expert, you will help combat FEC risks by designing and continuously improving transaction monitoring (TM) rules based on identified typologies, leveraging your deep understanding and awareness of money laundering and terrorist financing (ML/TF) typologies and risks.

As a TM Scenario Expert, you are part of the TM Control Standards department within the Transaction Monitoring pillar of the Financial Economic Crime organization. You will work in a dynamic, innovative environment, collaborating with multidisciplinary squads and internal stakeholders. As part of this role, you apply your understanding of regulatory requirements, ML/TF typologies, and operational challenges through clear and actionable components, enabling effective TM rule design. You play a pivotal role in designing detection rules that protect our customers and our organization.

Examples from practice

• Lead the functional design and improvement of TM rules that generate alerts for suspicious patterns or behaviours, leveraging your expertise in ML/TF risks and typologies.
• Continuously optimise and enhance TM rules in collaboration with data scientists, using data-driven insights to address emerging risks and adapt to regulatory changes effectively.
• Collaborate with cross-functional teams including FEC Technology, TM Operations, and Compliance to ensure successful implementation and alignment of TM rules with organizational objectives.

Top 3 responsibilities

• Design and refine TM detection rules by applying expert knowledge of ML/TF risks to ensure effective risk coverage and compliance.
• Analyse complex TM issues independently or collaboratively while engaging stakeholders.
• Facilitate decision-making in TM rule design, ensuring alignment with regulatory requirements and organisational objectives.

You will work in a multidisciplinary squad together with Data Scientists, translating ML/TF risks and typologies into practical scenarios for transaction monitoring.

“By translating trends and developments in the field of integrity risks such as money laundering and terrorist financing into new scenarios for transaction monitoring, we ensure better protection for our customers, society and Rabobank itself.”

Inge Jager, Coverage & Control Design

The Global Coverage & Control Design team is responsible for designing and maintaining effective TM coverage and control. We work as one focused, analytical team within Rabobank.

Work on yourself & the world around you

At Rabobank, we believe that your personal development strengthens your ability to fight financial economic crime and enables you to contribute to our broader mission of safeguarding society from financial economic crimes. We invest in you and work together for a better world.

You have access to your own development budget, our hybrid working environment, and a good balance between work and home. Your development empowers you to design smarter transaction monitoring solutions that prevent our private and business customers from being exploited by ML/TF risks. Through your growth, you contribute to building a safer and more resilient society.

You & your talent

• Bachelor’s or Master’s degree.
• 5+ years direct working experience in FEC, demonstrating strong knowledge of money laundering and terrorism finance. Hands-on experience in transaction monitoring is a plus.
• Knowledge of national and/or international AML/CTF laws and regulations and knowledge of the banking domain, financial products and services.
• Pragmatic mindset to translate ML/TF risks and typologies into practical solutions in Transaction Monitoring detection rules.
• Ability to work in a multidisciplinary squad and collaborate effectively with Data Scientists.
• Strong stakeholder management skills, ability to stimulate collaboration and think outside the box.
• Excellent verbal and writing skills in English.
• Ability to thrive in a collaborative and fast-paced environment, bringing a positive attitude, strong interpersonal skills, and a willingness to support and learn from colleagues.
• Proactive ownership combined with flexibility in evolving circumstances.