Director Markets Non-Financial Risk and Control

Rabobank is the world’s leading specialist in food and agribusiness banking. One of our key strengths lies in our people who have a deep understanding of agriculture and are committed to adding long-term value for clients. Our commitment to our employees and clients is at the heart of everything we do.

At Rabobank, our culture is unique, because every day our people work knowing that we are all playing our part in supporting our farmers to feed the world. Our culture is focused on growing each other. We strive to create an open, balanced, and flexible workplace where people feel that they belong, can be open and honest and are supported.

Rabobank Australia has recently been awarded 18th place in LinkedIn’s Top Companies 2023: The 25 best workplaces to grow your career in Australia. We are extremely proud of this achievement, as it reflects the investment in our people, their growth and development.

About the role

Reporting functionally to the Head of Markets, Australia & New Zealand and directly to the Global Head of In Control & Regions, you will ensure the adoption and implementation of the Risk Control Framework (RCF) by the management of the Regional and Global Markets Business Lines. It facilitates the incorporation of all aspects of the risk management framework (including Compliance Risk) into the day-to-day activities of the Regional and Global Markets Business Lines. Within the deployment of that framework, the Markets AU/NZ Business is able to focus on its operational set up and performance regarding the risks that arise from its activities, how it may organise to maximise performance and mitigate risk and the controls in place to ensure a robust delivery platform.

This role operates independently on a day-to-day basis however a collaborative working relationship with the broader regional Wholesale Banking Non-Financial Risk and Control team is a compulsory requirement to ensure all operational risk and compliance matters for Markets AU/NZ are fully aligned within the Region and globally

In this role you will be working directly with the subject matter expert on the unit(s), regarding risk control activities (RCAs) within the unit(s) and specifically addressing areas such as processes being fit for purpose and operational/compliance/IT/Information Security/Business Continuity Management and regulatory risk etc. as may arise in that unit.

The role is a position of influence and responsibility within the 1st line of responsibility in supporting the adoption of a strong performance and risk culture.

Some of the key responsibilities and accountabilities of this role are to:

• Assist risk (& control) owners to identify and manage operational aspects of the unit (provide knowledge, experience, and capacity) by facilitating / supporting the performance of risk identification, assessment, and mitigation activities.
• Review Markets AU/NZ risk control activities and incidents/risks in ARCHER to ensure alignment with requirements and accuracy.
• Improve Markets AU/NZ operational risk awareness / maturity by providing training, knowledge, and experience.
• Support risk owners (predominantly the Head of Markets AU & NZ) to perform risk response by proactive business management to understand their control environment and facilitate risk owners to work with control owners to define, design and implement controls.
• Monitor and report on risks and the continuous execution of the controls by use of Key Risk Indicators and Key Control Indicators.
• Report and assist registration of operational risks incidents and support execution of lessons learned where areas are found for operational improvements.
• Facilitate attestation and In Control Sign off by risk (& control) owners (again, predominantly the Head of Markets AU & NZ) to demonstrate compliance with applicable (global) regulations and providing attestation where required.
• Support and monitor execution of actions by adequately following up with concrete actions if deficiencies are identified in the RCAs and / or if risks are not within the approved risk appetite.
• Support business line management and staff to incorporate and implement the requirements of the Risk Management Framework into day-to-day business activities.
• Liaise, coordinate and work with the 2nd line Risk Management functions and 3rd line Risk Management function (Internal Audit) to effectively implement all aspects of the Risk Management Framework within the 1st line.
• Ensure new initiatives appropriately, and adequately address operational performance times and drive the appropriate level of engagement with key stakeholders (i.e., Security, BCM, Compliance, Legal and Operational Risk) on key change matters affecting the Division.

To be successful in the role, you will have:

• University Graduate in finance, accounting, business, economics, law, or other banking related discipline
• Strong and proven experience within the banking industry, preferably financial markets
• In depth knowledge of relevant financial products, and technical competence in given areas of expertise.
• An in-depth understanding of Non-Financial Risk Management within the financial services industry and related regulatory standards.
• A knowledge of causes, influences and drivers of operational risk.
• Experience in managing risk, evaluating risk, and reviewing risk.
• Experience managing stakeholders and have experience dealing with senior management and business and commercial teams.
• Experience in communicating and managing change including delivering training to staff on risk management.

Our Values, Vision, and Mission

Rabobank Australia fully embracesinclusion and belonging and delivers positive experiences for our people and clients. Our great working conditions, broad learning and development programmes and the opportunity to work together for the greater good are reasons why our employees love working here. We are committed to our values; we are client focussed, action oriented, purposeful, and courageous in our work. We are professional and considerate and bring out the best in each other and are committed to keep learning. We have an open culture, where you can be yourself and be valued for who you are.

What we're proud to offer you:

Rabo@Anywhere is our hybrid way of working at Rabobank and for Australia, which means we have a blend of time working between the office and home.

Wellbeing leave. These 2 extra leave days support greater work/life balance and is just another way we are helping our employees to lead happier, healthier, and more fulfilling lives.

Relocation allowance. If moving for this opportunity relocation allowance and support to assist you get settled into your new home is also on offer.

Education Assistance Program. Rabobank values the development of its people and has a great Education Assistance Program to assist with professional development.

Parental Leave that supports you and your family while giving you the freedom and flexibility to enjoy this special time (Primary carer 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 and 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 and 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.

Rabobank is committed to a culture where diversity and inclusion is valued, respected, and encouraged. We welcome applicants from diverse cultures, faith, and sexual orientation.

If you’d like to discuss how we can make our opportunities more accessible to you, please let a member of the Talent Acquisition team know.

Rabobank is not accepting submissions from recruitment agencies for this role.

You must hold valid work rights to be considered for this role.

ApplyingIn 5 steps

We'd like to get to know you.

Step 1Applying

Thanks for applying We consider all the CVs and covering letters that we receive. After the closing date, you will hear from us as soon as possible.

Step 2First interview

Usually you’ll be meeting with your (potential) team leader and an immediate (future) colleague. We are keen to get a sense of whether you are a good fit for the position and our team. And you probably have a lot of questions too.

Step 3Second interview

We want to speak to you a second time. In this online meeting, we will delve deeper into the details of what the job entails. Another colleague will often join the interview too.

Step 4Offer

If you are a good match for us and we’re a good match for you, then you’ll receive a good offer by email. Some positions require you to undergo further assessment first.

Step 5Screening

We assess whether you are trustworthy enough to work for Rabobank in a screening process.

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