Trade due diligence analyst

At Rabobank, we strive for an inclusive environment while promoting growth opportunities. The Trade due diligence ("TDD") team is new and one of its kind to the global corporate structure of Rabobank, focusing on prevention of Trade Based Money Laundering. At TDD we work closely with Business, Compliance and Onboarding teams on daily basis. Within TDD, we promote a non-competitive workspace, supporting each other on the path to success.

Our Shared Future:

"When I am presented with challenges, I call them teachable moments because I get to add something new to my portfolio. There is great teamwork within the department, and I love it." - TDD Analyst

You and Your Job

As a TDD Analyst you will be successful at evaluation of trade finance transactions and detection of red flag scenarios related to Trade Based Money Laundering.

The TDD analyst will perform due diligence vetting of all appropriate parties, ensure customers are vetted prior to the trade process and escalate where necessary. The role also involves a cross eye review of processed trades to ensure completeness, accuracy and conformance to applicable policies and procedures. The TDD analyst through performance of their daily role and responsibilities ensures our organization is not exposed to risks associated with money laundering, terrorist financing, OFAC sanctions and fraudulent transactions.

Job Responsibilities

The majority of the time, the analyst will evaluate the information within the trade transaction, conduct vetting of commodity pricing against the marker, vessel, and relevant parties. The TDD environment is fast-paced, where the trade review goaled with the same day completion.

As a TDD analyst, you will work closely with and have exposure to Front Office/Business, International Trade Services Team, Financial Crime Compliance, and Client onboarding teams.

Your Promise to Us:

To be considered for the Trade Due Diligence Analyst role, you must have:

• Bachelor's Degree or equivalent experience
• CAMS or equivalent certification preferred
• 2+ years of experience in AML, KYC, Due Diligence, Risk, Fraud, Compliance, and more specifically in trade finance transactions, commodity pricing and international shipping.
• Knowledge of BSA/AML, and other AML regulatory policies, with a strong understanding of AML typologies, geography, products, customer type and expected type of activity in order to effectively identify risk
• Understanding of the banking industry, especially Trade Finance
• Exceptional research and analytical skills with the ability to red-flags and potential high-risk activity, and to document conclusions appropriately
• Knowledge of Microsoft Office applications (e.g., Excel, Word, Access Outlook, etc.)
• Ability to travel regionally, up to 15%

Our Commitment to you - cultivating your way beyond pay:

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 expectation so four 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.)

Our Organization: 

Rabobank North America is a valued financial partner to food and agricultural companies, farmers and ranchers, renewable energy developers and investors, Dutch companies doing business in the U.S., and select institutions. We support the entire value chain from farm to fork, and connect our clients and team members to the global reach of one of the world's leading food and agriculture banks. 

With our food and agricultural expertise and global network, we work with our clients to support and ensure the transition to a sustainable food, fiber and energy supply to meet the needs of our growing planet. We are Growing a Better World Together.

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.