Lead Compliance Model Validator

Imagine improving the models Rabobank uses to protect society from financial economic crime. Together with several validators, you provide an independent opinion with actionable insights on the quality of these models.

You and your job
As a Lead Compliance Model Validator you keep oversight on the models that Rabobank uses to protect itself and society against compliance risks such as money laundering and terrorism financing. You will be responsible for leading and performing independent model validations on several models that the Rabobank Group uses to fulfil its role as a gatekeeper to the financial system.  

Fine working relationship

  • in the team Compliance Model Validation

  • together with 19 direct colleagues

  • 36 hours per week

  • 43,822 Rabobank colleagues around the world

Work and pleasure

‘The things I like the most about my job are the people, the inclusive and supportive corporate culture and the opportunity to grow professionally while protecting the bank from Money Laundering & Terrorism Financing’, Seher Fazlioğlu.

Your main responsibilities

  • Lead several Compliance Model Validators in scoping, planning, and executing the model validations & reviews on a selection of models. This involves cooperating with fellow team members but may also involve leading a group of consultants and liaising with stakeholders across all lines of responsibility.

  • Secure the timely delivery and overall quality of the deliverables. You do this while promoting teamwork based on building on each other’s strengths and supporting opportunities to grow.

  • Provide advice at your discretion to developers and the business when it comes to the models in your area of expertise. You keep up-to-date on current developments in the field and incorporate this in our way-of-working.

Together we achieve more than alone
We believe in the power of difference. Bringing together people's differences is what makes us an even better bank. So we are very curious about what you can bring to our Compliance Model Validation Team. Together, we challenge the fit-for-purpose of the models that are developed and used by the first line of responsibility. Through our model validations and reviews, we contribute to a transparent risk profile that gives senior management the opportunity to effectively manage compliance risks with a forward-looking mind-set.

At this moment, we have three vacancies for the Lead Compliance Model Validator role. Once these positions have been filled, our team will consist of 19 diverse colleagues in a variety of roles.

 ‘Working in this diverse, smart and ambitious team with a common mission to help protect the bank, the financial system and, by extension, society at large against financial crime gives me tremendous energy.’

Willem van Willigen.

Your future colleagues are looking forward to working with you. They will be glad of your help to challenge and advise our first line colleagues on their models. Working together is the way we work; as 1 caring Rabobank team. Talking of Rabobank: We are a Dutch bank that operates in 38 countries for over 9,5000,000 customers. Together with these customers, our members and partners we stand side by side to create a world in which everyone has access to enough healthy food. In the Netherlands, we work to create a country in which people are happy with how they live, work and do business.

You and your talent

  • You hold an academic Master’s degree in any field. 

  • You have taken post-graduate education, for instance as a Financial Risk Manager (FRM), Chartered Accountant (RA), or a Certified Compliance Professional.

  • You have at least 7 years of experience, of which at least 2 in roles that systematically challenge the first line of responsibility such as model validation, compliance monitoring, or audit.

  • You have in-depth knowledge of Financial Economic Crime and want to get better every day. Experience with quantitative analysis in this domain is a plus. Prior experience in the development or validation of models used for Transaction Monitoring, Customer Due Diligence, Transaction Filtering, or Name Screening is even more beneficial.

  • With your experience, you are able to give less experienced colleagues discipline-specific guidance, encouraging them to grow.

  • You clearly demonstrate and take ownership and are adaptive to changing situations, as shown through prior experience in running projects

  • You can build relationships with a variety of stakeholders. Fluent in English, both verbally and in writing. Fluency is Dutch is a plus but not required.

This is what we offer you

  • up to € 7.799,78 gross per month (scale 11)

  • a thirteenth month and holiday pay;

  • an Employee Benefit Budget (11% of your monthly salary). You decide how to spend this budget. This may include purchasing extra leave days, making extra pension contributions or even receiving a monthly cash pay-out;

  • a personal budget that you can spend on activities related to your personal development and career;

  • flexible working times and location-independent working;

  • Reimbursement for commuting costs when you travel by public transport, car or motorbike;

  • a pension scheme, to which your contribution is only 3,5%.

This is a selection of the terms of employment for a Lead Compliance Model Validator based on a 36-hour working week. You can find all terms of employment on rabobank.jobs/en/conditions-of-employment.

You and the job application process

Reply to the vacancy for Lead Compliance Model Validator at Rabobank before 12th of December 2022.

  • Any questions about the job content? Contact: Jeroen Goudsmit, Manager Compliance Model Validation, via Jeroen.Goudsmit@rabobank.nl or +31 615 18 28 96.

  • Any questions about working at Rabobank and the process? Contact: Sebastiaan Taling, Senior Corporate Recruiter via sebastiaan.taling@rabobank.nl

  • We will hold the interviews through a video call.

  • You can find answers to the most frequently asked questions on Frequently asked questions - Careers at Rabobank

  • A security check is part of the process.

  • We respect your privacy.

Lead Compliance Model Validator

Contract type Full time
Expertise Data & Analytics / Legal & Compliance
Location Utrecht (The Netherlands)
Workplace Hybrid
Reference number JR_00072796
Publication date 15 November 2022
Apply before 12 December 2022

Sebastiaan Taling

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