This is what we offer youGross monthly salary between € 4.516 and € 7.687 (scale 09-10).

Thirteenth month's salary and 8% holiday allowance

10% Employee Benefit Budget

EUR 1,400 development budget per year

Hybrid working: balance between home and office work (possible for most roles)

A pension, for which you can set the maximum amount of your personal contribution

View all our benefits.

Job Title

Transaction Monitoring Coverage Expert

Job Description

Imagine you can improve Transaction Monitoring on a global level!

You and your job
Preventing financial economic crime (FEC) is one of the key aspects for our society and our organization, and as a bank, we play a major role in this field. As a TM Coverage Expert, you are part of the TM Control Standards department within the Transaction Monitoring pillar of the Financial Economic Crime organization. The Control Standards department for TM is vital in its contribution to our risk management framework.

This team is responsible for ensuring that the bank complies with the applicable WfT and WwFT regulations and requirements set forth by Compliance and regulatory bodies across the globe. In this capacity, the team acts as the First Line of Responsibility in protecting the bank’s reputation, financial assets, and customer relationships by preventing the bank from engaging in prohibited transactions and activities. Within the TM Control Standards department, you are part of the Repository & Coverage TM team, reporting to the Team Lead TM Coverage.

Practical examples

Ensuring that TM detection risks are identified, prioritized, and continuously improved for Retail NL and all W&R regions.

Driving both long-term strategic actions and short-term tactical responses based on coverage assessments and detection feedback loops

Prioritizing quarterly initiatives, and supporting Rabobank’s subsidiaries in aligning their TM coverage and control design.

Facts & Figures

36 hours per week

Approx. 6 colleague experts in the field of Transaction Monitoring in the Repository & Coverage TM team.

43,822 Rabobank colleagues around the world

Your responsibilities

Execution of and providing support to the yearly Transaction Monitoring Coverage Assessments for Global Business Lines (Retail NL and all W&R regions)

Keeping our global overview of internal and external red flags and scenarios related to Money Laundering and Terrorism Finance up to date and complete

Work closely together with FEC Tech and the Control Design team to ensure timely and effective implementation of coverage related actions from the Coverage Assessments and feedback loop

In this dynamic role within Transaction Monitoring, you will be at the heart of a global effort to strengthen the bank’s AML/CTF framework by designing and maintaining the Global TM Coverage Assessment Methodology, collaborating with a wide array of stakeholders—from risk and compliance to regulators and subsidiaries—to ensure regulatory compliance and continuous improvement.

Your work will also involve representing TM’s compliance with Wwft, maintaining strong internal and external relationships to align with industry best practices, and contributing to model improvement initiatives alongside scenario experts and model developers—all with the goal of making transaction monitoring more effective, efficient, and future-ready.
 

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 team in Coverage & Control Design TM.

Working together is the way we work; as 1 passionate and goal-oriented team at Rabobank. Talking of 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 and your talent

A Bachelor’s or Master’s degree;

5+ years relevant experience in the financial industry, preferably within the FEC related fields;

Knowledge of national and international AML/CTF laws and regulations & knowledge of the banking domain, financial products and services;

Ideally you have experience in translating regulatory requirements and financial economic risks into functional designs and/or processes;

Ideally a solid knowledge and understanding of the Rabobank Wholesale & Rural regions, products and ways of working;

Fluent in English, both verbal and written;

Stakeholder management skills;

Next to that customer focus, complex problem solving, collaborating and creativity are essential. It is important that you are a team player who enjoys collaboration, is pro-active, flexible, business focused and not afraid to take ownership in fighting Financial Economic Crime.
 

Application

For this position, we are not asking you to write a cover letter. Instead, we ask all candidates the same three questions to see how your profile aligns with the role. Please take the time to answer these questions thoroughly and provide explanations for your answers in a Word document. Along with your CV, this will be the only information we use to assess your application in this round. You may draw from your work experience, volunteer work, education, personal life, etc. Use a maximum of 200 words per question.

Here are the questions:

Why are you the right candidate for this position, and what makes you a good fit for what we are looking for? Can you share specific skills or experiences that make you suitable for this role?

How would you describe yourself within a team? What is your role, and how do you contribute to successful collaboration?

What do you see as the biggest challenge for you in this role, and why?

You and the job application process

The vacancy is open in salary scale 9 and 10, grading is based on relevant knowledge and (working)experience.

Any questions about the job content? Contact: Peter van den Broek, Team Lead TM Coverage via Peter.B.van.den.Broek@rabobank.com

Any questions about working at Rabobank and the process? Milou Stoop, Recruiter FEC via milou.stoop@rabobank.nl

You can find answers to the most frequently asked questions on rabobank.jobs/en/faq.

A security check is part of the process.

If you are selected for an interview, Bo, our virtual assistant, will reach out to you via SMS and email to schedule the interview.

We respect your privacy.