What are the responsibilities and job description for the VP - Sanctions Team Lead position at Rabobank?
An exciting opportunity where collaboration drives impact within the Financial Crime Compliance department in the second line of responsibility. Work alongside customers, colleagues, and global teams to deliver meaningful, long-term results through continuous partnership and shared purpose.
Our Shared Future:
“What I value most in this role is the balance between strategic impact and hands-on problem solving—every day we’re protecting the bank and contributing to a safer financial system.”
You and Your Job
As a VP – Sanctions Team Lead you will be successful providing accurate, timely guidance and rationale for all escalations including holistic analyses on trades/shipments. Verifying potential name matches utilizing customer information on internal systems, and against third party open source or vendor systems used by Rabo Diversified Services. Assisting with various ad hoc projects as they arise and with updating the OFAC Sanctions procedures as needed. Providing training and guidance to the other analysts on the team as well as teams within Operations, and functioning as the backup for the North America Head of Sanctions. Assisting with regulatory exam responses and presentations.
Job Responsibilities
To be considered for the Sanctions Team Lead role, you must have:
Rabobank welcomes employees and applicants from all backgrounds and is committed to fostering an inclusive environment that leverages the diverse strengths of our workforce. This enables us to exceed the expectations of our clients and customers while ensuring a healthy and safe environment for our staff.
We believe your well-being extends far beyond just a paycheck and should encompass your health, happiness, and satisfaction. To meet these needs, Rabobank offers a flexible hybrid working model and continually evaluates and enhances our benefit offerings to ensure they are comprehensive, competitive, and provide you with the options and flexibility you need.
Our employee benefits are focused on four main components:
Rabobank Group is a global financial services leader providing wholesale and retail banking, leasing, and real estate services in more than 37 countries worldwide. Founded over a century ago, Rabobank today is one of the world’s largest banks with over $678 billion in assets.
In North America, Rabobank is a premier corporate and investment bank to the food, agribusiness, commodities and energy industries in the United States, Mexico, and Canada. Rabo AgriFinance, a subsidiary of Rabobank, is a leading financial services provider for farmers, ranchers and agribusinesses in the United States and Canada. Together, we provide sector expertise, strategic counsel and tailored financial solutions to clients across the entire value chain. Visit www.RabobankNA.com
Salary Expectations:
Target Hiring Range: $130,000 - $150,000
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?
Our Shared Future:
“What I value most in this role is the balance between strategic impact and hands-on problem solving—every day we’re protecting the bank and contributing to a safer financial system.”
You and Your Job
As a VP – Sanctions Team Lead you will be successful providing accurate, timely guidance and rationale for all escalations including holistic analyses on trades/shipments. Verifying potential name matches utilizing customer information on internal systems, and against third party open source or vendor systems used by Rabo Diversified Services. Assisting with various ad hoc projects as they arise and with updating the OFAC Sanctions procedures as needed. Providing training and guidance to the other analysts on the team as well as teams within Operations, and functioning as the backup for the North America Head of Sanctions. Assisting with regulatory exam responses and presentations.
Job Responsibilities
- Able to manage workload for the team to ensure deadlines are met.
- Drafts clear client analyses and transaction and trade dispositions, and makes clear recommendations, if necessary.
- Interacts with and influences a variety of stakeholders, including Operations teams and the Business.
- Meet with, respond to, and remediate issues identified by Internal Audit, Compliance Testing Group, and Quality Control Team.
- Comply with all US laws, rules and regulations, including without limitation, AML and OFAC Sanctions requirements and the escalation/reporting of suspicious activity (and all related policies, standards procedures and guidelines), as well as all Rabobank policies and standards.
To be considered for the Sanctions Team Lead role, you must have:
- Bachelor’s Degree
- 10 years of prior Sanctions experience at a financial institution, law firm, regulatory agency, professional services firm, or other similar work environment.
- CAMS certification or ACSS certification, preferred.
- Analytical/Investigative skills to determine when an issue should be escalated.
- Solid understanding of sanctions and AML risk identification and mitigation.
- Leadership and strategic influence.
- Supervisory skills for managing a department of widely varied skill sets.
- Ability to interact with all levels of management.
- Strong people skills, ability to empathize and also keep team workflow on track.
- Ability to travel regionally, up to 10%
- Legally authorized to work in the United States on a full-time basis. Rabobank is unable to sponsor or take over sponsorship of an employment visa for this position.
Rabobank welcomes employees and applicants from all backgrounds and is committed to fostering an inclusive environment that leverages the diverse strengths of our workforce. This enables us to exceed the expectations of our clients and customers while ensuring a healthy and safe environment for our staff.
We believe your well-being extends far beyond just a paycheck and should encompass your health, happiness, and satisfaction. To meet these needs, Rabobank offers a flexible hybrid working model and continually evaluates and enhances our benefit offerings to ensure they are comprehensive, competitive, and provide you with the options and flexibility you need.
Our employee benefits are focused on four main components:
- Physical Well-Being includes our commitment to your Health and Wellness. Medical, Dental and Vision plan coverages are effective on your date of hire. Rabo offers multiple plan options and a full network of providers to best meet your needs.
- Financial Well-Being provides for your Retirement Savings Security. We love seeing your retirement plan balance grow just as much as you do! That’s why you can start participating in the 401(k) plan on your date of hire. Plus we match 50% of the first 6% you contribute to your 401(k) plan for US Employees. Rabo also contributes an additional 3% of your eligible pay in Safe Harbor contribution and up to 3% in annual Discretionary Profit Sharing contributions.
- Emotional Well-Being ensures your Work Life balance. We offer a generous paid time off program to full time employees: up to 20 days of vacation time, 5 days of additional time off plus 7 sick days and 11 US holidays annually (based on hire date during the calendar year). In addition, Growing a Better World Together requires wanting the best for our employees and their families and our communities. To do that, we offer both the time and financial support to give back to the community through our Dollars for Doers, Helping Hands and Gift Matching programs. (All paid time off is subject to company accrual and carryover policies.)
- Workforce Well-Being supports a hybrid working model that offers the flexibility to split your time between home and the office—typically 2–3 days remote and the remaining days onsite—promoting both productivity and personal well-being.
Rabobank Group is a global financial services leader providing wholesale and retail banking, leasing, and real estate services in more than 37 countries worldwide. Founded over a century ago, Rabobank today is one of the world’s largest banks with over $678 billion in assets.
In North America, Rabobank is a premier corporate and investment bank to the food, agribusiness, commodities and energy industries in the United States, Mexico, and Canada. Rabo AgriFinance, a subsidiary of Rabobank, is a leading financial services provider for farmers, ranchers and agribusinesses in the United States and Canada. Together, we provide sector expertise, strategic counsel and tailored financial solutions to clients across the entire value chain. Visit www.RabobankNA.com
Salary Expectations:
Target Hiring Range: $130,000 - $150,000
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?
Salary : $130,000 - $150,000