Transaction Monitoring Scenario Expert

Rabobank; Utrecht; Hybrid; EUR 56,000 - 96,000; Full time

Benefits offered by this job

Thirteenth month

8% holiday allowance

Employee Benefit Budget 10%

Development budget 1,400 EUR per year

Hybrid working

Job summary

Rabobank is seeking a Transaction Monitoring Scenario Expert in Financial Economic Crime (FEC) to design and improve TM detection rules, applying ML/TF risk knowledge to protect customers and the bank. You will join the TM Control Standards team, collaborate with data scientists and compliance, and translate regulatory requirements into actionable rule design.

The role offers a hybrid work model in Utrecht, 36 hours per week, with a competitive gross monthly salary scale and a 13th month,

Qualifications

• Bachelor’s or Master’s degree.
• 5+ years direct working experience in FEC, with ML/TF knowledge.
• Knowledge of AML/CTF laws and retail banking regulations.
• Pragmatic mindset to translate ML/TF risk into TM rule design.
• Ability to work in multidisciplinary squads with Data Scientists.
• Excellent English writing and speaking skills.

Responsibilities

• Develop and optimize TM rules using ML/TF risk expertise and data insights to improve risk detection, reduce false positives, and maintain regulatory compliance.
• Investigate and resolve complex TM issues through evidence-based problem solving and stakeholder engagement.
• Enable data-driven TM rule changes by assessing risk, performance metrics, and regulatory expectations, and presenting proposals to stakeholders.

Skills

FEC knowledge

Money laundering awareness

AML/CTF regulations

Stakeholder management

Data collaboration

Education

Bachelor’s or Master’s degree

Job description

As a Transaction Monitoring Scenario Expert in Financial Economic Crime (FEC), you help Rabobank proactively protect its customers, society, and itself against money laundering and terrorism financing by designing and improving the functional design of Transaction Monitoring detection rules. You will work with 43,822 Rabobank colleagues worldwide.

Impact

Preventing financial economic crime (FEC) is a key priority for both our society and our organization, and as a bank, we play a major role in this field. As a TM Scenario Expert, you will help combat FEC risks by designing and continuously improving transaction monitoring rules based on identified typologies, leveraging your deep understanding and awareness of money laundering and terrorist financing (ML/TF) typologies and risks.

As a TM Scenario Expert, you are part of the TM Control Standards department within the Transaction Monitoring pillar of the Financial Economic Crime organization. You will work in a dynamic, innovative environment, collaborating with multidisciplinary squads and internal stakeholders. As part of this role, you apply your understanding on regulatory requirements, ML/TF typologies and operational challenges via clear and actionable design requirements. You play a pivotal role in designing detection rules and ensuring the overall effectiveness of the transaction monitoring system that protect our customers and our organization.

Examples from practice

• Lead the functional design and improvement of TM rules that generate alerts for suspicious patterns or behaviors, leveraging your expertise in ML/TF risks and typologies
• Continuously optimize and enhance TM rules in collaboration with data scientists, leverage data-driven insights to address emerging risks and adapt to regulatory changes effectively.
• Collaborate with cross-functional teams including FEC Technology, TM Operations, and Compliance to ensure successful implementation and alignment of TM rules with organization objectives.

Facts & figures

• 36 hours per week.
• Approx. 25 colleagues in the Global Coverage & Control Design team and approx. 10 colleagues per mixed squad.
• 43,822 Rabobank colleagues around the world.

Top 3 responsibilities

• Develop and optimize TM detection rules using ML/TF risk expertise and data insights to improve risk detection, reduce false positives, and maintain regulatory compliance.
• Investigate and resolve complex TM issues through evidence-based problem solving and effective stakeholder engagement.
• Enable data-driven decisions on TM rule changes by assessing risk, performance metrics, and regulatory expectations, and presenting clear proposals to stakeholders.

Together we achieve more than alone

We are curious about what you will add to our Transaction Monitoring team.

“By translating trends and developments in the field of integrity risks such as money laundering and terrorist financing into new scenarios for transaction monitoring, we ensure better protection for our customers, society and Rabobank itself.” Inge Jager, Coverage & Control Design.

The 25 colleagues in the Global Coverage & Control Design team are responsible for designing and maintaining effective TM coverage and control. We work as one focused, analytical team within Rabobank.

Work on yourself & the world around you

At Rabobank, we believe that your personal development strengthens your ability to fight financial economic crime and enables you to contribute to our broader mission of safeguarding society from financial economic crimes. We invest in you and work together for a better world. At Rabobank, you work on yourself and the world around you.

You have access to your own development budget, our hybrid working environment, and a good balance between work and home. Your development empowers you to design smarter transaction monitoring solutions that prevent our private and business customers from being exploited by ML/TF risks. Through your growth, you contribute to building a safer and more resilient society.

What we offer you

• Salary: Gross monthly salary between EUR 5,030 and EUR 8,563 (scale 09 - 10) for a 36-hour work week.
• Extras: a thirteenth month, 8% holiday allowance, and a 10% Employee Benefit Budget.
• Development budget: EUR 1,400 development budget per year for your growth and development.
• Hybrid working: a balance between home and office work (possible for most roles).
• Pension: decide for yourself the amount of your personal contribution.

• Hybride
• Utrecht (NL)
• Fulltime

You & your talent

• Bachelor’s or Master’s degree.
• 5+ years direct working experience in FEC, demonstrating strong knowledge of money laundering and terrorism finance. Hands-on experience in transaction monitoring is a plus.
• Knowledge of national and international AML/CTF laws and regulations and knowledge of the retail banking domain, financial products and services.
• Pragmatic mindset to translate the ML/TF risk exposure and typologies into practical solutions in Transaction Monitoring detection rules.
• Ability to work in a multidisciplinary squad and collaborate effectively with Data Scientists.
• Ability to interpret analytical outputs to drive rule design and optimization
• Strong stakeholder management skills, ability to stimulate collaboration and thinking outside the box.
• Excellent verbal and writing skills in English.

Next to that, it is important that you thrive in a collaborative and fast-paced environment, bringing a positive attitude, strong interpersonal skills, and a willingness to support and learn from colleagues. Proactive ownership combined with flexibility in evolving circumstances is also an important characteristic to have.

• A security check is part of the process.
• A work permit, when needed, is required.