Our Organization:

Rabobank Wholesale Banking North America is a premier corporate and investment bank to the food, agribusiness, commodities and renewable energy industries, providing sector expertise, strategic advisory and tailored financial solutions to our clients. We thrive on building long-term relationships with clients and stakeholders in the fastest-growing food and agribusiness region of the world.

VCF Client Support is responsible for the daily and on-going Front Office tasks support and client invoicing, reporting and settlement activities. VCF Client Support is the first line of operational control, works in conjunction with the front office on desk support, external parties and coordinates with other support areas throughout Rabobank.

This role is a critical support function that performs daily activities affecting: the G/L, customer/lender activities, new loan closings as well as various other post-close functions including amendments, term sheets, fee allocations and management reporting.

Key Responsibilities and Accountabilities:

This position will perform the following VCF Client Support functions:

• Interface with Trustee, Front Office, Custodian and internal counterparts (Controllers, Funding Desk, Money Transfer, etc) on a daily basis regarding activity of the Multi Seller conduit, FIG Deals, Monetization deals, Supplier Finance and SIP Deals
• Create and maintain a daily/monthly P&L for the Multi Seller conduit and Supplier Finance Deals and reconcile with Controllers
• Maintain monthly Management and Ratings reports. Create other Management reports as necessary
• Maintain and improve departmental processes and procedures
• Test Client Support Business Continuity Planning (BCP) protocols
• Interpret Servicer Reports into funding notice for back office operations
• Prepare ECPR Report on monthly basis and Weekly report on the end of every week
• Reconcile PnL in DIAS and MARC with PnL in a manual spreadsheet and maintain the accuracy of the same
• Participate in internal/external audits, including SOx and risk assessments
• Prepare and distribute Daily Indicative FTP Spread Tracker file
• Prepare and distribute Nieuw Amsterdam Daily CP Trades vs Benchmark file
• Support the growth and maintenance in Supplier Finance business, monitor Prime Revenue and other platforms used, save Electronic Time Drafts and update daily MS teams file for change in outstandings and monitor breaks in Intelimatch for deals booked in ACBS
• Assist with daily ABSEC upload/update of outstandings and train on servicer report template uploads for accurate reporting
• Assist with ECPR uploads and calculation of DPP for month end reporting
• Assist in preparation of Securitization, Monetization and Supplier Finance invoices for clients
• Assist Transaction Managers with any requests that they have (i.e client auditor confirmations, internal audit, loan review, regulator audit requests, various Ad-Hoc queries)
• Participate in Testing and training on new banking systems
• Assist with various projects implementations such as R4, CBT, DWC, One Operations etc.
• Debt Domain administration and postings for Agented transactions
• Train and assist on SIP related coverage and tasks

Key Relationships:

Internal Contacts -

• Front Office, Sales, Credit, Legal, Relationship Managers, Finance, Control and Operations Departments – in NY, London and Utrecht

External Contracts -

• Custodians, Trustees, Internal/external customers, Broker/dealers, GSS, auditors, Syndicate Lenders

Job Skills and Knowledge:

Essential:

• Strong analytic and spreadsheet skill;
• Ability to comprehend and review legal documents.
• Working knowledge of multi-seller CP Conduits
• Share information and knowledge appropriately with co-workers;

• Effective in professionally communicating with others, within the bank and with clients
• Ability to seek additional information/ explanation for clarification when needs.

• Work effectively with colleagues in achieving the Bank's goals;
• Demonstrate teamwork in facilitating workflow.

• Work effectively and efficiently;
• Set work priorities and anticipates business needs;
• Implement enhanced processes to improve process in Conduit Management.

• Assess daily situations and make sound business decisions.
• Utilizes internal and external sources to effectively identify and resolve issues.

Desirable:

• Understanding of Bank’s book structure, Loans and LC’s
• Knowledge of Bank’s back office and accounting process

Qualifications:

Essential:

• Knowledge of Loans and Letters of Credit Servicing
• Bachelor's Degree in Finance or Accounting.
• Strong analytic and computer skills (Excel), attention to detail.
• Minimum 1-3 years of experience in Operations or related education
• The candidate should have excellent communication skills in dealing with external and internal stakeholders and be well suited to work in an ever evolving environment in an open floor / dealing room setting.

We Offer:

With healthcare and insurance costs on the rise, Rabo AgriFinance employees enjoy a first-class benefits package, featuring a selection of medical coverage and investment options to meet your personal needs. Our benefits program includes:

• Medical
• Dental
• Vision
• Health care spending account
• Dependent care spending account
• Basic life insurance plus AD&D insurance
• Optional life insurance
• Short-term disability
• Long-term disability
• 401(k) program
• Health and wellness seminars
• Tuition reimbursement

Salary Expectations

Target Hiring Range:
$95,000 - $135,000

This position is subject to the terms of Rabobank’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, the position includes all other benefits provided to Rabobank 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 Rabobank, 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?

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