Transaction Monitoring Scenario Expert

This is what we offer you

• Gross monthly salary between EUR 4,516 and EUR 7,687 (scale 09 - 10) for a 36-hour work week.
• A thirteenth month, 8% holiday allowance, and a 10% Employee Benefit Budget.
• EUR 1,400 development budget per year for your growth and development.
• A balance between home and office work (possible for most roles).
• Decide for yourself the amount of your personal pension contribution.

Impact

As a TM Scenario Expert, you help Rabobank proactively protect its customers, society, and itself against money laundering and terrorism financing by developing and improving Transaction Monitoring detection rules. You will work with 43,822 Rabobank colleagues worldwide.

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 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) 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. In this role, you break down regulatory requirements, ML/TF typologies, and operational challenges into clear, actionable components, enabling effective TM rule design. You play a pivotal role in developing detection rules that protect our customers and our organization.

Examples from practice

• Lead the design and development 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, leveraging 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 organization objectives.

Facts & figures

• Approx. 25 colleagues in the Global Coverage & Control Design team and approx. 10 colleagues per mixed squad.
• 43,822 Rabobank colleagues around the world.

Top 3 responsibilities

• Develop 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, substantiating insights with data and engaging stakeholders.
• Facilitate decision-making in TM rule design, ensuring alignment with regulatory requirements and organisational objectives.

You will work in a multidisciplinary squad, translating regulatory trends and developments into new 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 25 colleagues in the Global Coverage & Control Design team are 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. At Rabobank, you work on yourself and the world around you. 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 relevant experience in the financial industry, demonstrating 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.
• Tech-savvy mindset and the strong ability to translate data insights into actionable transaction monitoring solutions.
• Strong stakeholder management skills.
• Ability to stimulate collaboration and thinking outside the box.
• Proactive ownership combined with flexibility in evolving circumstances.
• Excellent verbal and writing skills in English.

For questions about the job content: Anran Li, TM Coverage & Scenario Expert via Anran.Li@rabobank.nl

For questions about working at Rabobank and the process: Milou Stoop, Recruiter FEC via Milou.Stoop@Rabobank.nl