Head of Model Risk Non-Financial

• Gross monthly salary between €10,855 and €15,507 (senior kader B) for a 36 hour week
• 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 mobility budget: with this, you can tailor your transportation according to your own needs. For example, by leasing a car or receiving the full amount and arranging your own transportation
• A pension, for which you can set the maximum amount of your personal contribution

Or view all our benefits.

At Rabobank, models are the backbone of our digital transformation, regulatory compliance, and key banking processes such as client due diligence, pricing, capital positioning, and stress testing. They empower us to achieve more with less—more lending and enhanced client journeys with less capital. However, models inherently carry risks. 

This is where Model Risk Management (MRM) plays a crucial role. MRM maximizes the benefits of models and advanced analytics, enabling accurate decision-making, regulatory compliance, and protection against financial and reputational losses. We ensure that models across the entire bank are fit for purpose, accurate, used as intended, and meet both internal and external expectations through validation activities, business advisory, and mature model risk governance and oversight (MRMF – Model Risk Management Framework, RCF – Risk Control Framework). 

We operate in an environment characterized by rapid technological advancements, regulatory complexities, and accelerated social and geopolitical changes. These trends create conflicting priorities, necessitating an adaptable and future-fit workforce, as well as scalable and sustainable ways of working. Therefore, we need dynamic and visionary leadership to partner with the Head of Model Risk Management to create a resilient and mature department fit for the future. 

If you are a T-shaped leader who can bring vision and strategy to uncharted territory, inspire and develop new leaders, and enhance team performance, then we encourage you to apply. 

We are looking for a dynamic and visionary leader with a T-shaped profile and a proven track record in leading leaders. This role requires a strategic thinker with innovative problem-solving skills and extensive exposure to various risk types and lines of defense. The ideal candidate will bring a balance of skills that include leadership, influence, project management, strategic planning, people management, business acumen, and cross-domain collaboration. You will be adept at thinking outside the box to continuously improve the MRM strategy while being flexible and thriving in ambiguity and uncertainty. 

• Own and execute the Non-Financial domain(inc. Compliance, HR, IT and other non-financial models) roadmap in alignment with MRM strategic planning and vision. 
• Achieve operational excellence within the Non-Financial domain, including budget, resource planning, and growth strategy. 
• Drive cross-functional teams to achieve robust and resilient adaptive risk management outcomes. 
• Partner with senior colleagues to shape the MRM strategy and vision. 

• 43,822 Rabobank colleagues around the world. 
• Exposure to all risk types across the bank. 
• 40 hours per week. 

• Exhibit balanced senior leadership by fostering a culture of excellence and continuous improvement to drive high-performance teams and bring out the best in people. 
• Engage with senior stakeholders by acting as a trusted strategic advisor to mature MRM and deliver customer-centric outcomes. 
• Promote innovation by encouraging novel approaches to model validation and governance, leveraging advanced analytical techniques. 
• Support MRM strategy by collaborating with senior peers to develop and execute the MRM strategy in line with the OneCRO vision. 

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 at MRM. 

Working together is the way we work: as one effective, purposeful, passionate, and results-driven team at Rabobank. Speaking 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 possess a strong sense of responsibility and are motivated to deliver results. You can manage a large stakeholder field, understand the needs of each stakeholder, and develop win-win solutions. Additionally, you demonstrate: 

• Professionalism and Respect: Highly regarded and well-respected leader among senior management. 
• Leadership and Influence: Demonstrates strong leadership and the ability to influence others. 
• Strategic Planning: Led large projects and skilled in developing and executing strategic plans. 
• People Management: Expertise in managing and developing teams. 
• T-Shaped Leadership: Exhibits a broad range of skills with deep expertise in specific areas. 
• Balanced Leadership Style: Maintains a good balance of accountability and empowerment. 
• Independent and Creative Thinking: Independent thinker with a proactive and creative mindset. 
• Teamwork and Collaboration: Values collaboration and demonstrates strong teamwork skills, focusing on pragmatic solutions. 
• Adaptability: Comfortable working with ambiguity and thinking outside the box. 
• Effective Communication: Strong communication skills with a balance of diplomacy and persuasion. 
• Pragmatism: Ability to convey complex risk concepts to stakeholders at various levels to achieve win-win situations. 
• Leadership Experience: Successfully led other leaders for at least 3 years. 

• Hold a master’s or PhD degree in a quantitative discipline (e.g., Mathematics, Statistics, Finance). 
• Have extensive experience (12+ years) in banking and risk. 
• Have transformation/change leadership experience. 
• Have experience across the three lines of defense: business, model development, validation, and/or audit within the relevant field. 
• Show leadership expertise in cross-risk and emerging risks such as ESG and AI and their impact on model risk next to existing risk such as Conduct, Fraud, Transaction Monitoring or Credit Risk.
• Able to bridge regulations and policies with business enablement. 
• Able to connect the dots, bridge silos, and maintain a helicopter view. 
• Have an excellent command of English. 
• A consulting background is an advantage. 

Reply to the vacancy for Head of Model Risk Domain at Rabobank before June 14th 2025.

• Any questions about the job content? Contact: Natacha Lord, Head of Model Risk Management via Natacha.Lord@rabobank.nl or +31 6 25278489.
• Any questions about working at Rabobank and the process? Contact Joris Opdam, Corporate Recruiter Risk Management via Joris.Opdam@rabobank.nl
• We will hold the interviews through a video call/face to face.
• You can find answers to the most frequently asked questions on rabobank.jobs/en/faq.
• A security check is part of the process.
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