Rabobank Australia Hiring for Analyst – Transaction Monitoring at Sydney, New South Wales, Australia Full Time

Rabobank is the world’s leading specialist in food and agribusiness banking. One of our key strengths lies in our people who have a deep understanding of agriculture and are committed to adding long-term value for clients. Our commitment to our employees and clients is at the heart of everything we do.

About the role:

• Transaction Monitoring Analyst, (Financial Integrity Unit)
• 12-month fixed term maternity leave cover role

You will join a highly engaged team in Sydney, who work a hybrid mix of working from home and 1 day per week in the Rabobank CBD office.

This role is structured with Rabobank’s Financial Economic Crime Operations & Intelligence (FECOI) division. The Transaction Monitoring Analyst role a critical role required to support (FECOI) to meet its objectives.

This is a back-office role where you will be responsible for the investigation of transaction monitoring alerts. The focus will be on the assessment of potentially suspicious activity of clients for the purposes of Suspicious Matter submissions to AUSTRAC, while maintaining adherence to the internal standard operating procedure and external regulatory obligations.

What will keep you busy:

• Managing and clearing the alerts generated in AML Transaction Monitoring Systems
• Conducting transaction monitoring investigations
• Escalating any potentially suspicious matters to the Regulatory ing team
• Ensuring strict adherence to the Standard Operating Procedure for investigations.
• Remediating investigations accordingly as determined by Quality Assurance and First Line Monitoring
• Be involved in testing requirements for new transaction monitoring rules and changes to existing rules
• Assisting in the execution of continuous improvement initiatives and processes to fruition

Skills, experience and attributes you will bring to the role:

• Experience in a related field
• Proven experience in AML/CTF alert monitoring and Investigation
• Sound Knowledge in AML/CTF act and Transaction monitoring and suspicious activities investigation
• Experience in assuring regulatory compliance
• Understanding of banking codes of practice and other legislation including Privacy act
• Excellent attention to detail, demonstrable analytical skills and a high level of discretion
• Ability to manage competing priorities and plan own work effectively and efficiently
• Excellent verbal and written communication skills
• Previous experience in Detica/ Netreveal/ Norkom or similar workflow tools used for AML/CTF highly regarded

At Rabobank, our culture is unique, because every day our people work knowing that we are all playing our part in supporting our farmers to feed the world. Our culture is focused on growing each other. We strive to create an open, balanced, and flexible workplace where people feel that they belong, can be open and honest and are supported. Our culture and focus on growing each other has recently been recognised; with Rabobank Australia listed in LinkedIn’s Top Companies 2023: The 25 best workplaces to grow your career in Australia.

Rabobank is committed to a culture where diversity and inclusion is valued, respected, and encouraged. We welcome applicants from diverse cultures, faith, and sexual orientation. If you would like to discuss how we can make our opportunities more accessible to you, please let a member of the Talent Acquisition team know.