Senior Analyst, FEC First Line Monitoring & Assurance

About the role:

Rabobank’s ANZ Financial Economic Crime (FEC) domain exists to safeguard customers, the bank, & society by detecting & preventing financial & economic crime.  We have an opening for a Financial Economic Crime First Line Monitoring & Assurance Analyst based in Sydney.   This is a 12-month fixed term contract. You will join a highly engaged team who work a hybrid mix of office & from home.

You will play an important role in ensuring the bank’s compliance with Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), & Sanctions requirements.  Your area of expertise is broad & covers multiple financial economic crime (FEC) disciplines, processes & teams.  

You will be responsible for supporting FEC controls operated in the region, ensuring the division maintains all aspects of Rabobank Australia & New Zealand (RANZ) Risk Control Framework (RCF) (including Compliance) on a day-to-day basis.

Collaborating closely with teams across Australia, New Zealand & globally, you uphold high-quality standards, ensuring accurate & timely identification of issues, as well as providing up to date reporting on assurance outcomes.  Your ability to consider Australia & New Zealand’s unique market conditions & regulatory environment will ensure alignment with global FEC strategies & initiatives.  Your primary responsibility is to ensure the adoption & effective implementation of Rabobank’s Risk Management Framework & Compliance Framework within FEC Operations.

Top Role Accountabilities:

• Driving the incorporation of risk & compliance management practices into the day-to-day activities of the ANZ Financial Economic Crime team. This involves providing assurance to ensure files align to processes, policies, & practices with the established frameworks
• Providing Quality Assurance/First Line Monitoring for Customer Due Diligence files for both new clients & ongoing reviews, Transaction Monitoring Reviews & Prescribed Transaction Reporting
• As a change agent, promoting a strong risk culture within the 1st line of defence.  You will initiate change actions & persuade other to change the course or approach in a changing environment
• Collaborating with teams regionally, ensuring efficient & effective risk management practices.  You will uphold high-quality standards, ensuring accurate & timely identification of issues, as well as providing up to date reporting on assurance outcomes
• Within Rabobank’s model, the 1st line is responsible for day-to-day risk & compliance management. Your role exists to strengthen FEC risk culture & practices within this line
• Acting as Advisory support to Line 1 & collaborating with Line 2 & 3, where relevant, to resolve identified issues & understand regulatory change impacts
• Supporting the development of a constructive culture by educating & creating awareness of AML / CFT, FATCA / CRS in a way that makes it material for staff

To be successful you will have:

• 5 years + experience of financial crime experience gained within the Banking/Financial Services Industry with a focus on assurance &/or risk management
• Proven experience in risk management or assurance role
• A solid understanding of Assurance, with the ability to apply to complex environments
• Strong command of key legislation including FATCA/CRS & AML/CTF
• An ability to proactively drive early engagement with key internal stakeholders where appropriate
• Confident communication & presentation abilities, especially when engaging senior leaders & business partners
• Clear written & verbal communication skills
• An ability to act as a change driver, initiating change actions & persuading other to change the course or approach in a changing environment
• Exceptional prioritisation skills, thriving under pressure in fast-paced environments
• Meticulous attention to detail
• Applicants must hold valid work rights for this role. 

Our Values
Rabobank Australia values inclusion, belonging, & positive experiences for all.  Our work environment, our benefits, & the way we live our values, “Client Driven”, “Responsible”, “Professional” & “Cooperative” make it a great place to work.  We welcome applicants from diverse backgrounds.