Senior Data Scientist Transaction Monitoring

As a Senior Data Scientist Transaction Monitoring you can have social impact, by catching the criminals using analytics models to analyze Rabobank transactions of 8+ million customers.

You and your job
Preventing Money Laundering & Terrorist Financing are one of the key aspects for our society and our organisation, and as a bank we play a major role in this field. In order to be effective in fighting financial crime, we need smart individuals like yourself who get their energy from looking into data, patterns and behaviour of our customers in order to uncover illegal activities. Together with the team you will be responsible for optimizing our current Transaction Monitoring (TM) system and eventually (not on short term) for introducing more advanced analytics methodologies such as Machine Learning into our TM models.

As you can imagine, doing this job requires statistical, investigative and operational expertise and if done successfully, will make sure that our analysts are able to focus on the true positive alerts – hence spend their time on truly value-adding activities. In summary, in this role you will be on the front line of fighting financial crime.

Practical Examples

• Anticipate potential future challenges and ensure the team tackles all challenges in the best way possible (e.g., by leading a brainstorm or by proposing the solution yourself).
• Realize good collaboration and optimal decisions together with adjacent fields, by using your engineering experience to challenge solutions and propose new ideas on IT/Architecture designs/solutions.
• Discuss (long term) ideas with higher management, using your excellent overview of our entire TM analytics landscape and your extensive experience with bringing analytics models to production.

Facts & Figures

• 36 hours per week.
• 20+ other data scientists to collaborate with and learn from within the same team
• 40+ other roles to collaborate with and learn from within the same team (e.g., Anti Money Laundering Experts, Developers, Analytics Translators and more).
• 43,822 Rabobank colleagues around the world.

Top 3 responsibilities

• Carry responsibility for (large parts of) our data science model(s), including model design, good quality code and supporting your medior and junior colleagues to use best practices and follow the same way of working across the entire team.
• Lead alignment with adjacent fields (IT, Architecture) to realize robust road to production for our data science model(s).
• Function as key counterpart for higher management.

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.

The 60+ people in our Transaction Monitoring team are responsible for detecting money laundering and terrorism financing risks, using analytics models. Working together is the way we work; as 1 multi-disciplinary, highly talented and motivated team at Rabobank. 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

• Academic degree (MSc / Phd) in Data Science, Econometrics, Mathematics or a related field.
• 5+ years’ experience in advanced analytics / modelling / artificial intelligence activities (ideally with large data sets) working with Python, PySpark and Spark (Azure Databricks experience is a plus). Software development skills and good practices such as Git, release management, unit tests, testing strategy.
• Proven success in bringing analytics models to production.
• Excellent verbal and written communication skills in English.
• Motivation to catch criminals by making our TM system more effective; in other words, you are motivated to build models that realize measurable impact for the bank, not necessarily to build the most complex advanced analytics models.
• Structured, precise, communicative, can work well with  different people and roles, pro-active, have a business focus and can-do mentality to make the difference in fighting financial crime.
• Thrive in a high-impact, dynamic and high-paced environment.

This is what we offer you

• A 36-hour works week with a salary in scale 9 (€ 4068 – € 5811) or scale 10 (€ 4800 – € 6900) depending on your experience.
• An Employee Benefit Budget 11% of your monthly salary. You decide how to spend this budget.
• Thirteenth month's salary and 8% holiday allowance.
• Personal budget of € 1.400 to spend on activities related to your personal development and career flexible working times and location-independent working.
• Hybrid working (we work 1 or 2 days from the office a week) & flexible working times.

This is a selection of the terms of employment for a 36 hour working week. You can find all terms of employment on https://rabobank.jobs/en/terms-of-employment/.

You and the job application process

• Any questions about the job content? Contact: Nadia Vendrig, Expert Lead Transaction Monitoring Analytics via Nadia.Vendrig@rabobank.nl.
• Any questions about working at Rabobank and the process? Contact Lisa Boschma, corporate recruiter, via lisa.boschma@rabobank.nl.
• We will conduct the interviews through a video call.
• You can find answers to the most frequently asked questions on rabobank.jobs/en/faq.
• A security check is part of the process.
• We respect your privacy.