Risk Information Officer

Risk Information Officer

You and your job

As a Risk Information Officer, you actively contribute to Rabobank’s ambition to be a rock-solid bank and earn trust from our customers and stakeholders by strengthening the bank’s risk data management. Good data quality is fundamental to provide the bank with the agility and ability to make fast, accurate decisions.

This role is essential for ensuring the effectiveness of our BCBS239/RDARR (Risk Data Aggregation and Risk Reporting) processes, which are intricately linked to our data management framework. By adhering to the principles outlined in the BCBS239 guidelines, we can enhance our risk data aggregation capabilities, ensuring that our data is accurate, complete, and timely. This supports sound decision-making and robust risk governance.

Top 3 responsibilities

• Perform Independent Assessments: conduct independent assessments ensuring that the processes operate as intended across the bank
• Oversight Responsibilities: Challenging and monitoring the quality of the risk and control activities
• Advisory & Reporting: periodic reporting of recommendations and deficiencies to Management Board/Steerco/RMC

Practical Examples of Assessments

• Translation of Regulations to Internal Policies: Ensuring that external regulations are effectively integrated into our internal policy framework.
• Implementation of Data Management Standards: Establishing data management standards for risk, financial, and supervisory reports and models.
• Integrated Data Architecture: a simplified/cohesive data architecture that supports seamless data flow and automated data lineage.
• Timely Risk Reporting: Ensuring that risk reporting is conducted promptly to facilitate informed decision-making.
• Risk and Control Framework: Establishing a robust risk and control framework to identify, assess, and mitigate risks effectively.

“With the 5 people in the IVU, we enhance organizational value by ensuring BCBS239 compliance through its integral role, delivering independent assessments and advice on the design and implementation of BCBS239 across the bank. The IVU is a compact unit that collaborates closely with other validation units to comprehensively address BCBS239 requirements. This unit continuously adapts to evolving regulatory demands and implementation strategies. The scope of our work is broad, and we are committed to continuous exploration and learning.” - Songbo Chih, Teamlead.

Collaboration is the way we work; as one goal-oriented team at Rabobank.

Speaking of Rabobank

We are a Dutch bank that operates in 38 countries for over 9,500,000 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

• Relevant Bachelor or Master’s degree: You have a degree in a relevant field such as Finance, Risk Management, Data Management, or a related discipline, which provides you with the foundational knowledge required for this role.
• At least 5 years of work experience in risk management, audit, and/or data management: You bring substantial experience in these areas, demonstrating your ability to navigate complex regulatory environments and manage risk effectively.
• Adequate knowledge of the regulatory environment in the banking sector: You are well-versed in the regulations and standards that govern the banking industry, particularly those related to data management and risk control, such as BCBS239.
• Excellent collaboration skills and the ability to work across functional and geographical lines: You excel in working with diverse teams, both within and outside your immediate area, and can effectively communicate and collaborate with colleagues from different departments and locations.
• Proficient in Dutch and English, both verbally and in writing: You have strong language skills in both Dutch and English, enabling you to communicate clearly and effectively in both languages, whether in written reports or verbal discussions.