FEC Model Risk Expert
Are you looking for an opportunity to make a real impact in a dynamic and challenging environment? As a FEC Model Risk Expert, you will play a critical role in maturing the Model Risk Management for Financial Economic Crime (FEC) models and have the opportunity to work on a variety of projects across the FEC landscape.
You and your job
As a FEC Model Risk Expert, you will be responsible for providing support on Model Risk Management to various parties responsible for developing FEC models. You will also be involved in increasing insight and overview of Model Risk Management, sharing best practices with the model developers, advising on various projects, and translating the Model Risk Management framework into concrete procedures and processes for use with FEC models.
To be successful in this role, you will have knowledge and experience in Model Risk Management. Additionally, you will have strong analytical skills, the ability to collaborate with various stakeholders, and the drive to get things done.
Fact & Figures
Between 24 and 40 hours per week;
Increase the maturity of Model Risk Management for FEC models;
43,822 Rabobank colleagues worldwide.
Top 5 responsibilities
Work closely with various parties to optimize all aspects of Model Risk Management for FEC models, including improving knowledge, processes, and tooling.
Share best practices across the areas of FEC Tech (the tribe responsible for the development of FEC models).
Support the refinement of model documentation and the preparation of validations, in collaboration with colleagues of the Model Areas. This includes being involved in quality assurances and helping address issues found.
Speak on behalf of FEC Tech in matters relating to Model Risk Management.
Provide insights and overviews to management on Model Risk for FEC models.
You will work within the squad Model Fundamentals within the Expertise Center Model Management (ECMM) Area of the tribe FEC Tech. This is a relatively new team, currently consisting of 5 people, and you will contribute in further building up the team.
As a Tribe, we are currently focused on models for Customer Due Diligence, Transaction Monitoring, External Fraud Detection, Transaction Filtering, and Name Screening. You will collaborate with the squads developing FEC models, and with colleagues from the Expertise Center Model Management, to enhance Model Risk Management. You will also interact with (senior) management and work with colleagues from other departments within Rabobank, such as Compliance Model Validation and the central Model Risk Governance Team.
Together we achieve more than alone
At Rabobank, we believe in the power of difference. Bringing together people's differences is what makes us an even better bank. We are very curious about what you can bring to our team at Tribe FEC Tech.
“As a FEC Model Risk Expert, you play an important role in supporting the Areas of FEC Tech to be in control of their Model Risk Management. To achieve this, you will liaise with stakeholders both inside and outside of FEC Tech, and have an overarching view of the different FEC Models.”
Kordula van Dijk, Lead Model Management.
“FEC Model Risk Management is a relatively new field, and as part of our team you will have an opportunity to make a real impact in maturing this. We are a dynamic team which gets involved in various projects across the FEC landscape, giving us a broad view of the different FEC models. The work is challenging and diverse, offering great opportunities for personal growth and learning.”
Peter Dickinson, FEC Model Risk Expert
Rabobank: We are a Dutch bank that operates in 38 countries for over 9,500,000 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 & Your Talent
A strong interest in Model Risk Management and experience in model development, monitoring or validation;
Strong analytical skills;
Ability to apply judgement, make decisions and get things done;
Ability to engage with various stakeholders;
Eager to learn and keep up-to-date with new developments in digitization within the financial sector;
Have an agile mindset, being able to thrive in an environment where a lot needs to be done and things are constantly changing;
Excellent communication skills in English;
This is what we offer you
Salary of €3, 959 – €6,741 (scale 9 or 10) depending on your experience;
An Employee Benefit Budget (11%). You decide how to use this budget, whether it's buying extra vacation days or making an extra contribution to your pension;
A thirteenth month and holiday pay;
Personal development budget of €1,400 per year;
We work hybrid, generally working in the office 2 days a week.
This is a selection of the terms of employment for a FEC Model Risk Expert based on a 36-hour working week. You can find all terms of employment at Conditions of employment - Careers at Rabobank.
You and the job application process
Any questions about the job content? Contact: Kordula van Dijk, Lead Model Management via email@example.com or +31 (6) 10947108.
Any questions about working at Rabobank and the process? Contact: Marloes Toma, Corporate Recruiter FEC via firstname.lastname@example.org.
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
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