Senior Analyst – Enhanced Due Diligence

Job title: Senior Analyst – Enhanced Due Diligence

Company: Rabobank


Job description: Job Title Senior Analyst – Enhanced Due DiligenceJob DescriptionRabobank is the world’s leading specialist in food & agribusiness banking. One of our key strengths lies in our people who have a deep understanding of agriculture & are committed to adding long-term value for clients. Our commitment to our employees & clients is at the heart of everything we do.Rabobank’s ANZ Financial Economic Crime (FEC) domain exists to safeguard customers, the bank, & society by detecting & preventing financial & economic crime. Due to an internal promotion, we have an opening for a Senior Analyst, Enhanced Due Diligence in Sydney. You will join a highly engaged team who work a hybrid mix of office & from home.Reporting to the Enhanced Due Diligence (EDD) Lead, the role scope includes the completion, review, maintenance & administration of various activities related to the management of the Enhanced Due Diligence processes.Top Role Accountabilities:

• Perform initial & ongoing CDD assessments for Rabobank Australia clients to ensure accurate completion/ submissions & the bank’s regulatory obligations – including but not limited to the AML/CTF Act
• Provide quality assurance & peer review support to more junior Analysts to increase knowledge & enhance quality
• Undertake Event Driven CDD activities escalated by Compliance or internal FEC Operations teams & ensure satisfactory completion within the allowable time frame as dictated by regulation / policy
• Complete PEP & Adverse Media & Sanctions screening requirements for CDD reviews & perform the materiality assessment when escalation or additional due diligence is required
• Conduct in-depth transactional analysis as part of ongoing CDD activities to ensure there are no inconsistencies observed in relation to the expected behaviour of the Client
• Undertake the following responsibilities to assist the Bank in complying with FATCA/CRS obligations to identify & report on clients who have a foreign tax obligation
• Check that FATCA/CRS on boarding forms have been completed accurately & in full & determine the FATCA/CRS classification of each NTB customer
• Act on changes to customer CDD information which may indicate a change in foreign taxpayer status
• Support the respective businesses in managing their risk by ensuring alignment to a standardised approach to customer due diligence processes
• Collaborate with in-house risk & compliance SMEs to ensure optimal outcomes with a specific focus in CDD & AML/CTF
• Collaborate with the business lines to develop front to back policies, standards & procedures & ensure changes are promptly documented & communicated to teams
• Assist in fostering productive relationships with all key stakeholders across Rabobank & to develop stakeholder management to ensure each Business Line’s requirements are met

To be successful you will have:

• A minimum of 5 years’ experience in the financial industry, specifically financial crime experience in a complex or enhanced due diligence environment
• Experience working for a global bank highly regarded
• Well-rounded knowledge of financial crime areas such as Sanctions, PEP, transaction monitoring highly regarded
• A background in AML is strongly preferred with industry accreditation such as ACAMS or ICA is an advantage
• General understanding in Regulatory requirements, solutions & frameworks
• Experience working across multiple activities in a fast-paced, dynamic, & collaborative environment
• Excellent communication & stakeholder management skills
• Strong analytical skills
• High level of accuracy & attention to detail

This role will close Thursday 3 April 2025.Our ValuesRabobank 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.What we’re proud to offer you:Rabo@Anywhere is our hybrid way of working at Rabobank & for Australia, that means we have a blend of time working between the office & home (the team average 2 days per week in the office)Wellbeing leave. These 2 extra leave days support greater work/life balance & is just another way we are helping our employees to lead happier, healthier, & more fulfilling livesEducation Assistance Program. Rabobank values the development of its people & has a great Education Assistance Program to assist with professional developmentParental Leave that supports you & your family while giving you the freedom & flexibility to enjoy this special time (up-to 14 weeks paid leave)Bonus and Additional Leave. We realise sometimes 4 weeks Annual Leave isn’t enough! At Rabobank we provide an incentive for eligible employees to receive 1 extra week Annual Leave & an option to purchase another 2 weeks Annual LeaveExtra Insurance. Rabobank recognises that employees need to protect their financial wellbeing, in the event of serious illness, injury, or even death. Rabobank provides eligible permanent employees with employer-funded Death, TPD & Income Protection InsuranceRabo Workplace Giving program. As part of Rabobank’s global Corporate Social Responsibility, Workplace Giving aims to encourage employees to contribute to our community. Rabo Workplace Giving program matches employee donations to selected Social PartnersOther Extras. Annual equipment or wardrobe allowance, annual flu shorts, discounted health insurance, EAP & more

Expected salary:

Location: Sydney, NSW

Job date: Sat, 22 Mar 2025 06:38:54 GMT

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