Job TitleCustomer Due Diligence Analyst

Job Description

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.  

The Role

Rabobank has an opening for an Analyst, Customer Due Diligence (CDD) in Sydney.    This opportunity has arisen due to an internal movement.  You will join a team dedicated to completing CDD activities for our online savings business.  

Report to the CDD Lead – Rabobank Online Savings, you will join a highly engaged team who work average 1-2 days per week in the office.

Top Role Accountabilities:

Perform initial onboarding & ongoing CDD assessments for Country Banking Australia & Rabobank Online Savings Australia clients to ensure accurate completion/ submissions & the bank’s regulatory obligations - including but not limited to the AML/CTF ActConduct in-depth transactional analysis as part of ongoing CDD activities to ensure there are no inconsistencies observed in relation to the expected behaviour of the ClientEscalate CDD files to enhanced due diligence teams as required for further analysisUndertake the following responsibilities to assist the Bank in complying with FATCA/CRS obligations to identify & report on clients who have a foreign tax obligationCheck that FATCA/CRS on boarding forms have been completed accurately & in full & determine the FATCA/CRS classification of each NTB customerAct on changes to customer CDD information which may indicate a change in foreign taxpayer statusSupport the respective businesses in managing their risk by ensuring alignment to a standardised approach to customer due diligence processesCollaborate with in-house risk and compliance SMEs to ensure optimal outcomes with a specific focus in CDD & AML/CTFOther duties as directed

To be successful you will have:

A minimum of 1 years’ experience in the financial industry, specifically KYC &financial crimeA general understanding of AML/CTF legislation, Code of Banking Practice & FATCACustomer-service oriented with excellent communication & interpersonal skillsExperience in working across multiple activities in a fast paced, dynamic, & collaborative environmentAn ability to analyse complex structures to determine risk exposure and applicable KYC/AML requirementsGood stakeholder management skillsA high level of accuracy & attention to detail

Our Values

Rabobank 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.

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 2 extra 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