Financial Crime Compliance Risk Assessment Officer

Job Title
Financial Crime Compliance Risk Assessment Officer
Job Description
The Financial Crime Compliance (FCC) Risk Assessment Officer, reporting to the Head of Governance for FCC North America (NA), will lead in the continued development, implementation, execution, and maintenance of the FCC NA Money Laundering/Terrorist Financing and Sanctions Risk Assessment program for Rabobank's NA entities.
Our Shared Future:
"Working in FCC Governance provides an opportunity to expand your knowledge of different processes, and regulatory frameworks across multiple business lines. Rabobank encourages a culture of collaboration and professional excellence to make a meaningful impact to the organization."- Executive Director, Financial Crime Compliance North America
You and Your Job
The Financial Crime Compliance (FCC) Risk Assessment Officer, will lead in the continued development, implementation, execution, and maintenance of the FCC NA Money Laundering (ML)/Terrorist Financing (TF) and Sanctions Risk Assessment program for Rabobank's North America entities.
Specifically, the (FCC) Risk Assessment Officer, on behalf of and in collaboration with the broader Governance Team, will be responsible for (i) maintaining an industry standard ML/TF and Sanctions Compliance Risk Assessment program and supporting framework, including methodologies and annual/targeted reports, (ii) ensuring the NA Risk Assessment program and the NA entity-level ML/TF and Sanctions Risk Assessments align with regional Risk Assessment Standards and evolve with the respective control environment(s), and (iii) cultivate, establish, and maintain effective working relationships with FCC Global, FCC NA, and other internal First-, Second-, and Third-Line stakeholders throughout Rabobank.
Additionally, the (FCC) Risk Assessment Officer will also be responsible for the management and execution of the New York State Department of Financial Services (NYSDFS) Part 504 annual certification process.
(FCC) Risk Assessment Officer Drives the maintenance and enhancement of Rabobank's regional ML/TF and Sanctions Risk Assessment program; responsible for leading and executing regional and entity-specific ML/TF and Sanctions Risk Assessments.
Manages, enhances, and updates Risk Assessment methodology, analysis, and action plans to align with applicable FCC Global, FCC NA, control environment, etc. changes and regulatory guidance/expectations.
Maintains and updates an inventory of applicable ML/TF and Sanctions laws, rules, regulations, controls, and other Risk Assessment inputs. End-to-end management of the NYSDFS Part 504 annual certification.
Identify NA's most significant residual risks and the mitigation required, ensuring proper action plans are developed and adhered to, as well as and report any customers or activities that fall outside the agreed upon risk appetite to report to the NA Executive Team, North America Board, and Global Financial Economic Crime Risk Management Committee.
Provide guidance and credible challenge throughout First Line's completion of the FCC Global Risk Assessment.
Job Responsibilities

• Timely identification and reporting on areas identified as having the highest levels of BSA/AML and OFAC/Sanctions risk, or weaknesses or gaps in the control environment that may require management attention and oversees the action plan, based on the Risk Assessment results.
• Timely management and remediation of Risk Assessment related Action Plans. Meets all deadlines for internal, external and regulatory requirements.
• Exhibit a solid foundation and subject matter expertise for Risk Assessment, identification, and mitigation, clearly articulate report outcomes to senior management within Rabobank.
• Timely and thorough completion of the DFS part 504 annual certification.
• Provide Risk Assessment reporting to Senior Management, including but not limited to: regulatory requests, Compliance Testing Group, Internal Audit and Rabobank Global Compliance
• Takes a leadership role in internal and external activities. Coordinates department's effort, within department or with other groups, to achieve departmental goals.
• Reliably organizes work, works effectively and efficiently, prioritizes work and anticipates business needs.
• Processes information logically and is able to use the result to recommend and implement the appropriate business applications to meet the requirements of the job.
• Makes sound business decisions; understands and achieves business goals within desired timeframe.
• Handles sensitive, confidential information in an appropriate manner.

Your Promise to Us:
To be considered for the Financial Crime Compliance Risk Assessment Officer role, you must have:

• 5+ years of experience conducting a BSA/AML and/or OFAC/Sanctions Risk Assessment; preparing and delivering NYSDFS 504 Certification; coordinating with various parties; and presenting to different stakeholders.
• Excellent writing skills, with superior organizational skills, attention to details, and time management skills.
• Ability to manage resources and competing priorities, and strong problem-solving skills.
• Ability to travel regionally, up to 15%.

Our Commitment to you - cultivating your way beyond pay:
Rabobank embraces diversity and welcomes employees and applicants of all backgrounds. Our goal is to always create an environment that is inclusive, drawing upon the strengths of the diversity of our workforce to exceed the expectation so four clients and customers.
We view your well-being as much more than a pay check. We continually evaluate and evolve our benefit offerings to be comprehensive, competitive and to give you the options and the flexibility you need. We focus our employee benefits on three main components:

• Physical Well-Being includes our commitment to your Health and Wellness. Medical, Dental and Vision plan coverages are effective on your date of hire. Rabo offers multiple plan options and a full network of providers to best meet your needs.

• Financial Well-Being provides for your Retirement + Savings + Security. We love seeing your retirement plan balance grow just as much as you do! That's why you can start participating in the 401(k) plan on your date of hire. Plus, we match 50% of the first 6% you contribute to your 401(k) plan for US Employees. Rabo also contributes an additional 3% of your eligible pay in Safe Harbor contribution and up to 3% in annual Discretionary Profit Sharing contributions.

• Emotional Well-Being ensures your Work + Life balance. We offer a generous paid time off program to full time employees: up to 20 days of vacation time, 5 days of additional time off plus 7 sick days and 11 US holidays annually (based on hire date during the calendar year). In addition, Growing a Better World Together requires wanting the best for our employees and their families and our communities. To do that, we offer both the time and financial support to give back to the community through our Dollars for Doers, Helping Hands and Gift Matching programs. (All paid time off is subject to company accrual and carryover policies.)

Our Organization:
Rabobank North America is a valued financial partner to food and agricultural companies, farmers and ranchers, renewable energy developers and investors, Dutch companies doing business in the U.S., and select institutions. We support the entire value chain from farm to fork, and connect our clients and team members to the global reach of one of the world's leading food and agriculture banks.
With our food and agricultural expertise and global network, we work with our clients to support and ensure the transition to a sustainable food, fiber and energy supply to meet the needs of our growing planet. We are Growing a Better World Together.
Salary Expectations:
Target Hiring Range: $185,000.00 - $195,000.00
This position is subject to the terms of [RAF/Rabobank/RDS]'s compensation plans and policies. It is anticipated that the position will pay within the target hiring range. The range is reflective of the desired primary physical work location and may be adjusted outside of the projected range based on geographical differentiation if the actual work location of the hired candidate differs from the desired primary location, or for other lawful reasons. Further, all full-time regular positions include all other benefits provided to [RAF/Rabobank/RDS] employees, including healthcare benefits, 401k matching, vacation, sick leave, parental leave, possible discretionary bonuses and all other benefits that are all governed by and subject to ERISA plan documents and eligibility.
Rabo provides equal opportunity in employment to all employees and applicants and does not discriminate on the basis of race, color, creed, religion, national origin, ancestry, alienage or citizenship status, age, sex, sexual orientation, gender identity gender expression, marital status, genetic information, medical condition, physical or mental disability, pregnancy, childbirth or related medical condition, military service or veteran status, victims of domestic violence, or any other basis protected by applicable law. Rabo also prohibits harassment of any individuals on any of the bases listed above.
At Rabobank, we strive to grow a better world together. In order to achieve that, we have to have the right people in the right jobs. Are you ready to join our team?
This job posting has no fixed application deadline. We will accept resumes until a qualified applicant pool is identified.
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