Compliance Analyst (IT Coordinator) - 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:
Job Overview/Purpose:
As the Compliance IT Analyst, the candidate will provide specialist expertise to support the execution of IT solutions and compliance critical applications for Regional Compliance.

This role will be responsible for the development and documentation of the regional Compliance information management tool – SharePoint; ensuring availability and reliability of applications managing the Region’s Compliance Risk; developing processes and procedures; establishing and creating enterprise wide action plans and supporting in executing Compliance IT requirements.

Context of Job:
North America Compliance (NAC) is responsible for US regulatory compliance and anti-money laundering controls for Rabobank’s activities in North America aligned with Rabobank Group Standards and applicable EU regulation. The prime regulators are the DNB in the Netherlands where Rabobank is headquartered, the Federal Reserve Bank of New York, the Board of Governors of the Federal Reserve System, the New York State Department of Financial Services, the CFTC, the OCC, SEC and FINRA in the U.S. and the local regulatory authorities in Canada (OSFI) and Mexico (SHCP, CNBU and Banco de Mexico).

The business Rabobank engages primarily in within the US is Wholesale Banking activities (New York Branch), Retail (Rabobank, N.A.), Rural (Rabo Agri Finance) and Leasing (De Lage Landen). Further legal entities include the New York and Canadian branches, Mexico Rep Office, Rabo Securities USA, Inc., the broker-dealer, Utrecht-America Holdings, Inc., the bank holding company, and other U.S. entities.

Key Responsibilities and Accountabilities:
Support the NAC team with regards to the recommendation and coordination of all IT related changes to support compliance updates and the projects that are related to them.

Collate Compliance information requirements and work with Regional Compliance team to establish functional and sustainable SharePoint site.

Write documentation to ensure new functionalities/SharePoint site will be properly handled by support team.

Manage and maintain SharePoint site access permissions.

Prepare test strategy, test scenarios and test cases for User Acceptance testing including liaison with Quality Assurance.

Interact with Compliance team in order to ensure transparency of progress, challenges & risks within the development of the SharePoint site.

Development and automation of reports where needed.

Liaise with stakeholders and IT to support the development of IT software for compliance related processes.

Liaise with vendors as required on Compliance risk related applications.

Create process flow diagrams where needed.

Negotiate appropriate change windows with IT and the business.

Prepare training for Regional Compliance team end users.

Champion Data Integrity for all IT systems.

Provide regular update to the Regional Chief Compliance Officer on work performed and planning status.

Responsible for IT related change monitoring activities within NAC.

Provide audit and examination evidence and support.

Identify and report issues and identify improvements opportunities regarding controls management, including documentation, effectiveness measurement, and reporting.

Your Profile:
Key Relationships:
Regional Chief Compliance Officer, North America

Head of Regional Core Compliance, North America

Senior Compliance Manager, North America

Compliance Officer, North America

Entity Compliance Officers in North America Wholesale, RAF, RNA and DLL

Information Technology (Global, Regional and Entity)

Rabobank Group Compliance

Key Performance Indicators:
Creation & Documentation of SharePoint repository for regional Compliance function

Transition and training of maintenance responsibility to regional Compliance

Support the development of business requirements

Share information and knowledge appropriately

Successful and timely completion of tasks

Reliably organizes and prioritizes work

Working co-operatively and productively across various entities and teams

Communicate effectively in writing and orally

Anticipates business needs

Flexibility with changes

Job Specifications

Core Competencies:
Synergy and partnership

Adaptability

Influencing

Customer focus

Networking to build internal and external relations

Delivers results

Problem solving

Planning & organizing

Record keeping

Managing tasks

Consult others and shares knowledge

Actively achieve results and goals

Forms an independent opinion

Substantiates own decisions/plans

Drive process improvements and automation Job Skills and Knowledge:

Essential:
Excellent computer skills

Very strong SharePoint and Excel skills

Strong communication skills (verbal and written)

Must be able to function independently and still successfully work in a team environment.

Well organized, detail oriented, efficient, and a self-starter.

Proven track record in delivering results

Ability to work well with individuals either via email and phone.

Ability to deal well with senior management

Light testing experience (UAT, QA)

Prior experience creating requirements documents, functional specifications, process flow diagrams and procedures.

Development Value:
Roles within Global Compliance function

Qualifications:
Essential:
Bachelor’s degree required.

Knowledge of SharePoint development and configuration.

3-5 years’ experience in a Financial Service Industry setting

Desirable:
IT Background desired

Compliance awareness/ experience

Knowledge of Microsoft Project

Experience using Visio

We Offer:
We Offer: (exclude for Temp postings)

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?

Qualified 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 Rachel.Marshalsea@Rabobank.com.