Transaction Monitoring Analyst
- Investigate transaction monitoring alerts and assess potential suspicious activity.
- Conduct thorough investigations into suspicious transactions and customer activity.
- Document analysis outcomes and escalate concerns to the Regulatory Reporting team.
About us:
Rabobank 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.
About the role:
Rabobank’s Financial Economic Crime Financial Intelligence Unit is growing the Transaction Monitoring team. We have 2 x Transaction Monitoring Analyst vacancies to join our Sydney-based team. Reporting to the Transaction Monitoring Operations Lead - Australia, you will be part of a highly collaborative, high-performing team working in a hybrid environment, combining time in the office with working from home.
In this role, you will play a key part in safeguarding the bank by investigating transaction monitoring alerts & assessing potential suspicious activity. You will ensure all investigations are conducted in line with Rabobank’s internal policies, procedures, & regulatory obligations.
Key Role Responsibilities:
- Investigating & dispositioning alerts generated by the transaction monitoring system, providing clear, accurate & evidence-based rationale for each decision
- Conducting thorough investigations into potentially suspicious transactions & customer activity
- Documenting clear, concise & evidence-based analysis outcomes
- Escalating matters of concern to the Regulatory Reporting team where appropriate
- Addressing feedback & remediation actions from Quality Assurance & First Line Monitoring
- Supporting the testing implementation of new transaction monitoring rules & system enhancements
- Contributing to continuous improvement initiatives to strengthen processes & operational efficiency
Skills, experience and attributes you will bring to the role:
- 2 years’ experience in transaction monitoring within banking / financial services industry
- Strong critical-thinking skills & understanding of transaction monitoring & suspicious activity investigations
- Demonstrated ability to assess customer & transactional risk & determining the appropriate depth of investigation
- Knowledge of Suspicious Matter Reporting requirements
- The ability to identify red flags from typologies
- Familiarity with relevant banking codes of practice & other legislation including Privacy act
- Excellent attention to detail, demonstrable analytical skills & a high level of discretion
- The ability to manage competing priorities & plan own work effectively & efficiently
- Excellent verbal & written communication skills
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.
- Wellbeing leave. These leave days support greater work/life balance & is just another way we are helping our employees to lead happier, healthier, & more fulfilling lives.
- Education Assistance Program. Rabobank values the development of its people & has a great Education Assistance Program to assist with professional development.
- Parental 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 Leave.
- Extra 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 Insurance.
- Rabo 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 Partners.
Our Values
Rabobank Australia 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.
Please let our Talent Acquisition team know if you need any accommodations to make our opportunities more accessible to you.
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