What are the responsibilities and job description for the Financial Crime Compliance Quality Control Analyst position at Rabobank?
Opportunity to work for a team that collaborates, open to new ideas that improves efficiency and has cross training opportunities.
You and Your Job
As a Quality Control Analyst you will be successful at identifying deficiencies to improve the current process.
The Financial Crime Compliance is a part of Compliance, Rabo Diversified Services (RDS). This group provides compliance advisory and support services to the NY Branch, RSI, Canada Branch, Mexico Representative Office, Utrecht America Holdings and Rabo AgriFinance. The FCC Quality Control (QC) /Monitoring Analyst will execute ongoing QC/monitoring assessments based on established Key Risk Indicators (KRIs) for various compliance related internal controls pertaining to (but not limited to) Client due diligence, Transaction Monitoring, Suspicious Activity Reporting, 314(a), 314(b), OFAC/Sanctions & Watchlist Screening, CIP, and Section 311 & 9714 Special Measures.
The QC/monitoring function is an important governance and oversight component which aids in the continuing evaluation of control effectiveness and potential deficiencies related to the BSA AML Compliance & OFAC Program
Job Responsibilities
To be considered for the Quality Control Analyst role, you must have:
Rabobank embraces diversity and welcomes employees and applicants of all backgrounds. Our goal is to always create an environment that is inclusive, drawing upon the strengths of the diversity of our workforce to exceed the expectations of our clients and customers.
We view your well-being as much more than a paycheck. We continually evaluate and evolve our benefit offerings to be comprehensive, competitive and to give you the options and the flexibility you need. We focus our employee benefits on three main components:
Rabobank Group is a global financial services leader providing wholesale and retail banking, leasing, and real estate services in more than 37 countries worldwide. Founded over a century ago, Rabobank today is one of the world’s largest banks with over $678 billion in assets.
In North America, Rabobank is a premier corporate and investment bank to the food, agribusiness, commodities and energy industries in the United States, Mexico, and Canada. Rabo AgriFinance, a subsidiary of Rabobank, is a leading financial services provider for farmers, ranchers and agribusinesses in the United States and Canada. Together, we provide sector expertise, strategic counsel and tailored financial solutions to clients across the entire value chain. Visit www.RabobankNA.com
Salary Expectations:
Target Hiring Range Saint Louis, MO: $70,000.00 - $83,000.00
Target Hiring Range New York, NY: $80,000.00 - $93,000.00
This position is subject to the terms of [RAF/Rabobank/RDS]’s compensation plans and policies. It is anticipated that the position will pay within the target hiring range. The range is reflective of the desired primary physical work location and may be adjusted outside of the projected range based on geographical differentiation if the actual work location of the hired candidate differs from the desired primary location, or for other lawful reasons. Further, all full-time regular positions include all other benefits provided to [RAF/Rabobank/RDS] employees, including healthcare benefits, 401k matching, vacation, sick leave, parental leave, possible discretionary bonuses and all other benefits that are all governed by and subject to ERISA plan documents and eligibility.
Rabo provides equal opportunity in employment to all employees and applicants and does not discriminate on the basis of race, color, creed, religion, national origin, ancestry, alienage or citizenship status, age, sex, sexual orientation, gender identity gender expression, marital status, genetic information, medical condition, physical or mental disability, pregnancy, childbirth or related medical condition, military service or veteran status, victims of domestic violence, or any other basis protected by applicable law. Rabo also prohibits harassment of any individuals on any of the bases listed above.
At Rabobank, we strive to grow a better world together. In order to achieve that, we have to have the right people in the right jobs. Are you ready to join our team?
This job posting has no fixed application deadline. We will accept resumes until a qualified applicant pool is identified.
You and Your Job
As a Quality Control Analyst you will be successful at identifying deficiencies to improve the current process.
The Financial Crime Compliance is a part of Compliance, Rabo Diversified Services (RDS). This group provides compliance advisory and support services to the NY Branch, RSI, Canada Branch, Mexico Representative Office, Utrecht America Holdings and Rabo AgriFinance. The FCC Quality Control (QC) /Monitoring Analyst will execute ongoing QC/monitoring assessments based on established Key Risk Indicators (KRIs) for various compliance related internal controls pertaining to (but not limited to) Client due diligence, Transaction Monitoring, Suspicious Activity Reporting, 314(a), 314(b), OFAC/Sanctions & Watchlist Screening, CIP, and Section 311 & 9714 Special Measures.
The QC/monitoring function is an important governance and oversight component which aids in the continuing evaluation of control effectiveness and potential deficiencies related to the BSA AML Compliance & OFAC Program
Job Responsibilities
- Provide ongoing support by thorough execution of QC assessments which aid in ensuring adherence to laws and regulations relevant to BSA AML Compliance & OFAC/Sanctions.
- Provide updates on the QC/monitoring results to the BSA AML Compliance & OFAC QC Manager on a regular basis, in accordance with established processes.
- Contribute to the development and maintenance of QC policies, procedures, and compliance tools.
- Continuously maintain and expand knowledge pertaining to AML/CFT, BSA, OFAC/Sanctions compliance related regulations and industry practices.
- Act on own initiative where appropriate to meet business objectives, while remaining in line with established policies and procedures.
- Assist in coaching, training, and developing other BSA AML Compliance & OFAC QC Analysts.
- Raise risks/gaps identified to the BSA AML Compliance & OFAC QC Manager and propose solutions.
- Assist with the development and implementation of QC processes as applicable.
To be considered for the Quality Control Analyst role, you must have:
- Bachelor's degree
- 2 years’ experience in Financial crime compliance.
- Legally authorized to work in the United States on a full-time basis. Rabobank is unable to sponsor or take over sponsorship of an employment visa for this position.
Rabobank embraces diversity and welcomes employees and applicants of all backgrounds. Our goal is to always create an environment that is inclusive, drawing upon the strengths of the diversity of our workforce to exceed the expectations of our clients and customers.
We view your well-being as much more than a paycheck. We continually evaluate and evolve our benefit offerings to be comprehensive, competitive and to give you the options and the flexibility you need. We focus our employee benefits on three main components:
- Physical Well-Being includes our commitment to your Health and Wellness. Medical, Dental and Vision plan coverages are effective on your date of hire. Rabo offers multiple plan options and a full network of providers to best meet your needs.
- Financial Well-Being provides for your Retirement Savings Security. We love seeing your retirement plan balance grow just as much as you do! That’s why you can start participating in the 401(k) plan on your date of hire. Plus we match 50% of the first 6% you contribute to your 401(k) plan for US Employees. Rabo also contributes an additional 3% of your eligible pay in Safe Harbor contribution and up to 3% in annual Discretionary Profit Sharing contributions.
- Emotional Well-Being ensures your Work Life balance. We offer a generous paid time off program to full time employees: up to 20 days of vacation time, 5 days of additional time off plus 7 sick days and 11 US holidays annually (based on hire date during the calendar year). In addition, Growing a Better World Together requires wanting the best for our employees and their families and our communities. To do that, we offer both the time and financial support to give back to the community through our Dollars for Doers, Helping Hands and Gift Matching programs. (All paid time off is subject to company accrual and carryover policies.)
Rabobank Group is a global financial services leader providing wholesale and retail banking, leasing, and real estate services in more than 37 countries worldwide. Founded over a century ago, Rabobank today is one of the world’s largest banks with over $678 billion in assets.
In North America, Rabobank is a premier corporate and investment bank to the food, agribusiness, commodities and energy industries in the United States, Mexico, and Canada. Rabo AgriFinance, a subsidiary of Rabobank, is a leading financial services provider for farmers, ranchers and agribusinesses in the United States and Canada. Together, we provide sector expertise, strategic counsel and tailored financial solutions to clients across the entire value chain. Visit www.RabobankNA.com
Salary Expectations:
Target Hiring Range Saint Louis, MO: $70,000.00 - $83,000.00
Target Hiring Range New York, NY: $80,000.00 - $93,000.00
This position is subject to the terms of [RAF/Rabobank/RDS]’s compensation plans and policies. It is anticipated that the position will pay within the target hiring range. The range is reflective of the desired primary physical work location and may be adjusted outside of the projected range based on geographical differentiation if the actual work location of the hired candidate differs from the desired primary location, or for other lawful reasons. Further, all full-time regular positions include all other benefits provided to [RAF/Rabobank/RDS] employees, including healthcare benefits, 401k matching, vacation, sick leave, parental leave, possible discretionary bonuses and all other benefits that are all governed by and subject to ERISA plan documents and eligibility.
Rabo provides equal opportunity in employment to all employees and applicants and does not discriminate on the basis of race, color, creed, religion, national origin, ancestry, alienage or citizenship status, age, sex, sexual orientation, gender identity gender expression, marital status, genetic information, medical condition, physical or mental disability, pregnancy, childbirth or related medical condition, military service or veteran status, victims of domestic violence, or any other basis protected by applicable law. Rabo also prohibits harassment of any individuals on any of the bases listed above.
At Rabobank, we strive to grow a better world together. In order to achieve that, we have to have the right people in the right jobs. Are you ready to join our team?
This job posting has no fixed application deadline. We will accept resumes until a qualified applicant pool is identified.
Salary : $70,000 - $83,000
