Regulatory reporting is a critical activity for financial institutions and requires a concerted effort from risk, finance, and IT. The Federal Reserve System relies on the timely and accurate filing of report data by domestic and foreign financial institutions. The data collected from these regulatory reports facilitates early identification of problems that can threaten the safety and soundness of reporting institutions and ensures timely implementation of legal corrective actions.
Our Shared Future
“Rabobank recognizes a great importance on Regulatory Reporting function. Working with the team will provide the individual with visibility to other departments at the bank. The intern would have an opportunity to work with the team and gain a good background on Regulatory Reporting.” - Regulatory Team Member
You and Your Job
The Regulatory Reporting Intern is responsible for preparing and timely reporting of regulatory information to various regulatory agencies such as the Federal Reserve Bank (FRB), the New York State Department of Financial Services (DFS), the U.S. Bureau of Economic Analysis (BEA).
Be part of the team that produces and analyses financial and regulatory reports
Work with and analyse large sets of data. Ensure data integrity
Perform financial analysis to gain understanding and to document underlying business rationale
Help implement, test, and utilize an automated reporting system
Reconcile, monitor, and report on intercompany transactions/relationships
Assist department managers with bank-wide or Finance-driven initiatives / projects
Job Responsibilities:
Contribute to a diverse team that produces and analyze regulatory reports.
Work with and analyze large sets of data. Ensure data integrity.
Assist department managers with bank-wide or Finance-driven initiatives/projects.
Help implement, test, and utilize an automated reporting system.
RISK
Complete all mandatory training within a timely basis, as instructed.
Comply with code of conduct & Bank policies/procedures.
Actively identify incidents outside of established policies & procedures and report to management immediately.
Be familiar with & comply with laws, regulations, and internal policies & procedures that are applicable to required job duties.
Understand & comply with all RAF & Rabobank anti-money laundering (AML), compliance, and all other applicable laws, including, but not limited to, the completion of all required AML & Sanctions training.
CULTURE & VALUES
Actively & consistently demonstrate Rabobank cultural practices.
Your Promise to Us:
To be considered for the Treasury Summer Intern role, you must:
Be on track to complete an undergraduate or graduate degree in Accounting, Finance, or Economics
Have an overall GPA 3.2 or above
Possess a high level degree of proficiency with Microsoft Excel
Preference given to candidates in Honors’ program(s)
Our Commitment to You
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.
Internship Overview:
Rabobank’s internship program is designed to provide a mutually beneficial relationship and growth opportunity for Rabobank and collegiate students. This experiential learning opportunity provides practical application and skills development in a professional environment and is aligned with Rabobank’s commitment to recruit top talent in the communities we serve. While employed as a summer intern, students will have the opportunity to prove their ability to learn and demonstrate key skills that will make them successful at Rabobank. To aid in this endeavor, students will be matched with a mentor and provided the necessary professional development opportunities to achieve their goals. The internship will be a full time, 10 week, paid program.
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: $30.00/hour
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 position includes 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 Rabo Bank, 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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