Compliance Officer - 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:
The Core Compliance function within Rabobank NAW is primarily responsible for Compliance Advisory, Staff Training, Testing and Monitoring, Compliance Policies and Procedures, Regulatory Relations, and completion of special projects from Head Office and NAW Management. In addition, the function has recently assumed responsibility for tracking, reviewing and disseminating regulatory updates, such as new regulations, best practices, etc., to applicable NAW business units. In addition, Core Compliance must also provide compliance support to lines of business and functions, such as Trade and Commodity Finance, TRG, Acquisition Finance, Project Finance, Finance and Information Technology/Operations.

The new employee will assume primary responsibility for tracking, reviewing and disseminating regulatory updates, maintaining such information in a centralized location and coordinating the process with Compliance colleagues at RAF, RNA and DLL. The person will also provide compliance support to Product Clients and Information Technology/Operations, the details of which are outlined in the section of this document titled Key Responsibilities/Accountabilities. The person will also assist in the development and delivery of Compliance training and the development and maintenance of Compliance Policies and Procedures. The individual will assist in responding to audits and examinations, assist in developing and issuing compliance advisories/newsletters and maintaining a record of training courses completed.

Compliance Officer for Product Clients (formerly Professional Products), including businesses such as Acquisition Finance, Trade and Commodity Finance and Project Finance, and Treasury.

o Monitor regulatory updates and ensure that relevant matters are communicated to managers of business units;

o Interface with business unit managers to better understand business developments/issues and provide compliance support (schedule regular meetings);

o Inform business of compliance training requirements;

o Establish mechanism for tracking and communicating compliance issues;

o Coordinated with the Compliance Testing Team to ensure annual testing plan is comprehensive.

o Conduct training to the Businesses and Functions covered and participate in training of new hires.

o Compliance Officer for Information Technology and Operations (IT/OPS)

o Assist the Regulatory update Coordinator, as needed, in monitoring regulatory updates, reviewing to determine applicability to business units and ensuring that relevant regulatory changes are effectively communicated and implemented by business units.

Policies and Procedures

o Assist in the creation, update, and maintenance of Compliance Policies and Procedures. Collaborate with other areas of Compliance to ensure that Policies and Procedures are accurate and update, when needed.

o Ensure that changes to existing and new Policies and Procedures are communicated to applicable business units and functions. ;

o Perform gap analysis between new policies issued by Head Office and existing NAW Policies to identify where updating is required or need to request a waiver;

Compliance Systems

o Collaborate with Markets Compliance to develop and test Core Compliance module in Financial Tracking System (Gifts/Entertainment, Outside Interests, Private Investments, Annual Affirmation). Assist in maintaining Compliance SharePoint and AmNet sites. Update and maintain Compliance Forms and Disclosures and eAlert systems.

Your Profile:
College degree or relevant experience

Excellent written and oral communication skills (expresses thoughts and ideas in a clear/concise manner);

Organized and detail oriented;

Ability to exercise proper judgment and recommend solutions;

Prior Compliance, Risk Management, or Firm Management experience (5-8 years);

Ability to interact with effectively with all levels of NAW staff and from Regulatory agencies;

Capable of working independently

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.