(Temp) Investigation Analyst (Transaction Monitoring) - Rabobank - New York, NY

Our Organization

Rabobank Group is a global financial services leader providing wholesale and retail banking, leasing, real estate, and renewable energy project financing. Founded over a century ago, Rabobank is one of the largest and safest banks in the world, with nearly $1 trillion in assets and operations in more than 40 countries, and ranks among the highest rated private banks by Standard & Poor’s and Moody’s. Rabobank is a premier bank to the international food and agriculture industry, as well as a leading financier of solar, wind, bioenergy, and energy infrastructure projects.

In the Americas, Rabobank is present in the United States, Argentina, Brazil, Canada, Chile, Mexico, and Paraguay, providing both retail and wholesale banking services as well as real estate and leasing services. The bank’s wholesale banking products focus on these banking areas:

Lending and Credit

Trade and Commodity Finance

Acquisition Finance

Renewable Energy and Infrastructure Finance

Global Client Solutions

Mergers & Acquisitions Advisory

Food & Agribusiness Research and Advisory

Capital Markets

Your Function:
Context of Job:
The AML Compliance Department is part of Compliance, Rabobank North America Wholesale (NAW). This group provides compliance advisory and support services to the NY Branch, RSI, the Canada Branch, and the Mexico Representative Office and to Utrecht America Holdings. Although Canada and Mexico have local compliance officers (who are part of North America Wholesale Compliance), they do not have local expertise with respect to AML and Sanctions requirements. The AML Compliance team in New York provides the expertise.

Key Responsibilities and Accountabilities:
Conduct ongoing investigations related to client/transaction activity via either systematic alerts or manual referrals

Review and investigate transaction patterns utilizing the BSA Reporter transaction monitoring tool

Assist with the validation of the transaction monitoring system or any updates required

Document investigation steps performed and the rationale for the ultimate decision reached

Review potential matches against various regulatory control lists and conduct additional research to ascertain validity of matches

Conduct research using internal and external (media) sources to help determine potential suspicious activity

Assist in the preparation of SARs for the BSA Officer review, via BSA Electronic filing system

Request from Rabobank Relationship Managers or other client-facing staff information that may be helpful in performing an investigation

Create, update and maintain a case file which documents all information used in an investigation

Perform USPA 314(a) searches

Review and approve Third Party payments

Dedicated to assisting with recurring and non-recurring Special Projects (e.g. BSA/AML Program enhancements)

Respond to payment referrals to clear any potential hits to OFAC and other Sanctions list

Assist the AML Compliance team in areas outside of regularly assigned duties as is deemed necessary

Your Profile:
Qualifications:
Essential:
Bachelor’s degree or an equivalent number of years with bank-related work experience

3+ years of prior BSA/AML experience

Candidates must have experience with Norkom/Detica/Netreveal

Desirable:
Professional certifications including e.g., Certified Anti-Money Laundering Specialist (“CAMS”), Certified Fraud Examiner (“CFE”) or Certified Internal Auditor (“CIA”)

Job Skills and Knowledge:
Essential:
Knowledgeable of the laws applicable to money laundering, including the Bank Secrecy Act, the USA PATRIOT act, US Treasury AML guidelines, OFAC requirements, and Suspicious Activity Reporting requirements

Microsoft Office Suite (Word, PowerPoint, XL, Outlook)

Transaction Monitoring experience on an investigative tool such as FIS Prime (preferred), Mantas, Actimize/Fortent/Searchspace

Ability to learn and work internal Bank systems related to AML/OFAC (i.e., eGifts payment system, FIS Prime transaction monitoring tool)

Understanding of banking and financial services, including an understanding of the various types of products, services, and transactions that are typical for the Branch

Analytical/Investigative skills to determine unusual or possible suspicious activity regarding transaction or account activities

Ability to interact with all levels of management

Individual must be a self-starter with the ability to handle multiple tasks at one time

Highly organized with attention to detail to ensure client files are complete to satisfy regulatory requirements

Desirable:
Experience with and understanding of capital markets and securities products and trade finance products

Experience in the drafting of Suspicious Activity Reports (preferred)

Proficiency in a foreign language

We Offer:
Rabobank New York Branch offers a comprehensive benefits program that is among the finest in the industry featuring: Medical/Dental/Vision Plans; Defined Contribution (401k) Plan with Employer Match; Paid Vacation based on position and length of service; Life and Disability Insurance; Health and Dependent Care Flexible Spending Plans; Transportation Reimbursement Incentive Plan; Educational Assistance Program. Also offering Portable Voluntary Benefits including Pet Insurance; Automobile and Homeowner’s Insurance; Cancer Protection Plan; Legal Insurance Plan; Optional Life and Disability Insurance.

Interested?

Candidates who are interested in this role are encouraged to apply directly online including their resume and related documents. If you have any questions, you can email Ryan.Haberthur@Rabobank.com.