As a TM Tuning and Testing Expert you contribute to Rabobank proactively protecting its customers, society, and itself against (facilitation of) money laundering (ML) and terrorism financing (TF) by continuously improving Transaction Monitoring (TM) detection rules.

You and your job

Preventing financial economic crime (FEC) is one of the key aspects for our society and our organization, and as a bank we play a major role in this field. As TM Tuning and Testing Expert you have a strong understanding of money laundering and terrorism financing risks and typologies. You have an expert role in TM issues and can apply your knowledge of the ML/TF risks associated with specific customer segments, products, and services, to complex proposals for TM rule design changes ensuring improvements of the current TM ruleset.

As TM Tuning and Testing Expert, you are part of the TM Control Standards department within the Transaction Monitoring pillar of the Financial Economic Crime organization. You work with internal stakeholders in a dynamic and innovative landscape. TM Tuning and Testing Experts work with multiple stakeholders and together with highly talented and motivated colleagues. Your ability to translate ML/TF risks into proposals for changes to TM rule requirements and simplify complex issues plays a pivotal role in the improvement of our TM detection rules. As part of this job, you handle complex TM issues either independently or in collaboration, gather and analyze data to substantiate your insights and advice, engage with domestic and international stakeholders, and collaborate across the FEC organization.

Practical examples

As TM Tuning and Testing Expert you will:

• Work together with other TM Tuning and Testing Experts and Data Scientists to make  proposals for changes to TM rules that will enhance risk coverage and improve the detection of patterns or behaviors.
• You take the lead in applying your knowledge of ML and TF risks in analyzing TM production data, to facilitate decision-making in proposals for TM rule design changes and get internal stakeholders on board to support these changes.
• Leverage your knowledge on emerging risks, typologies and regulatory changes to optimize TM rules, substantiating your vision for TM design changes with data-driven analyses. As part of this process, you consider TM production data from a quantitative and qualitative perspective to investigate the impact of the data on the current TM detection rules.
• Collaborate with cross-functional teams, including FEC Technology, TM Operations, and Compliance to ensure effective implementation of TM rules.

Facts & Figures

• 36 hours per week
• 43,822 Rabobank colleagues around the world
• Approx. 20 colleagues in the TM Tuning and Testing team

Together we achieve more than alone

We believe in the power of difference. Bringing together people's differences is what makes us an even better bank. So, we are very curious about what you can bring to our team at Transaction Monitoring.

“By means of tuning and testing of TM rules related to risks such as money laundering, terrorist financing, fraud and sanctions we are able to improve the detection of these risks, so that we ensure better protection for our customers, society and Rabobank itself.”

Jeroen Boonstra, colleague from the Tuning & Testing team.

Working together is the way we work; as 1 team at Rabobank. Talking 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

• A Bachelor's or Master's degree; (HBO/WO), preferably in Statistics, Mathematics, Econometrics, or Business & Finance with a strong focus on analytics.
• 5+ years relevant experience in the financial industry demonstrating knowledge of money laundering and terrorism finance, preferably within Retail Banking, Wholesale & Rural Banking, Financial Markets or Risk (Compliance);
• Knowledge of national and/or international AML/CTF laws and regulations & knowledge of the banking domain, financial products, and services;
• Proven experience in designing and implementing strategic functional testing procedures within Transaction Monitoring domain.
• Define data requirements, or reconcile data to ensure they are fit for purpose,
• Analyze large datasets, and translate insights into clear, actionable recommendations.
• Analytical and critical thinker with a structured problem-solving approach and a keen eye for detail.
• Innovative mindset, capable of thinking outside the box to develop and implement new procedures and frameworks within the department.
• Proficient in data visualization techniques, with strong storytelling skills to effectively communicate insights to diverse stakeholders.
• Excellent English verbal and writing skills;

A plus would be if you have:

• Experience with TM rule (threshold) tuning and (back)testing;
• Experience with TM alert handling;
• Experience with TM rule development and changes to rule design logics;
• Experience with TM risk assessments related to scenarios and detection rules;
• Experience with Agile / Scrum / DevOps way of working;

You and the job application process

• Any questions about the job content? Contact Aksa Hafeez, Teamlead Tuning and Testing TM via Aksa.Hafeez@rabobank.nl
• Any questions about working at Rabobank and the process? Contact Judith van Limpt, Recruiter FEC via Judith.van.Limpt@Rabobank.nl
• Interviews can be held through a video call or in person.
• You can find answers to the most frequently asked questions on rabobank.jobs/en/faq.
• A security check is part of the process.
• We respect your privacy.
• The salary scale is 9 or 10, depending on your knowledge and experience  #LI-JV2