Junior Data Scientist – Early Career Program

The role

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

Preventing Money Laundering & Terrorist Financing are one of the key aspects for our society and our organization, and as a bank we play a major role in this field. In order to be effective in fighting financial crime, we need talented individuals like yourself who get their energy from looking into data, patterns and behavior of our customers to uncover illegal activities. In a multi-disciplinary team filled with smart and driven colleagues from a variety of nationalities you will work on optimizing our Transaction Monitoring (TM) model and TM system. As you can imagine, doing this job requires statistical, investigative and analytical 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 

• Do you want to help us catch even more types of suspicious behavior? Collaborate with Anti Money Laundering (AML) experts, dive into our analytics environment (Databricks) and identify unusual patterns in our data.
• Do you want to see your code in production? Learn how to write production-ready code (Python, PySpark) and optimize its performance. 
• Do you want to help us increase the potential of our TM system? Investigate how new data sources can be integrated into our data model or expand on the functionality of our model components. 
• Do you want to learn and share knowledge? Participate in our knowledge sharing sessions, present your work to fellow data scientists, and pick the brain of your colleagues. 
• Do you want to be a part of our team? Join us while we work towards the same goals, learn from our mistakes, and celebrate our successes. 

You and your future

During our  Early Career Program, you’ll develop your career over 18 months by becoming an expert in your field. Throughout the program, you’ll stay with one team and receive training to enhance your hard skills. You’ll be paired with a buddy who will guide you in navigating the bank. For your personal development, you and your fellow starters will follow the Early Career Program and receive guidance from a Data & Analytics Development Consultant. We’re here to prepare you for sustainable career!

Practical

• Length: 18 months, after which you will continue working within your team
• Hours per week: 40 About 10-15% of your weekly working time is spent on personal development, training and other activities. The other hours are spent working within your team; 
• Every Friday afternoon is Data & Analytics Early Career Program afternoon at the office!  

Your development as a Young Professional

Within this program, you will have the opportunity to get to know yourself, your trade, and Rabobank. You will start the program in a junior position within one team, participate in (online) workshops and training modules with other young professionals, and quickly gain practical experience.

Together with Data & Analytics community there is room for creativity and initiative to organize events, training sessions, and knowledge-sharing sessions. This way, we continuously improve the program and ourselves! You will easily build a large and valuable network within the bank.

Work on your own development & shape the world around you

For us, your development and that of society go hand in hand. That's why we want to invest in you and work together towards a better world. We summarize this in one sentence: "At Rabobank, you work on yourself and the world around you at the same time."

This is reflected in your personal development budget, our hybrid work environment, and a good work-life balance. You can work on banking matters for our private and business clients, but also on societal issues such as food and energy transitions.

You and your talent

• Recent MSc graduate or PhD with less than 2 years of working experience
• Background in Data Science, Mathematics, Computer Science, Econometrics or a related field. 
• Strong analytics skills and programming skills
• Communicative, pro-active, structured, and can work well with different people and roles 
• Strong 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 and society, not necessarily to build the most complex advanced analytics models
• Thrive in a high-impact, dynamic and high-paced environment

This is what we offer you

• 4007,83 gross per month (scale 7), holiday allowance and thirteenth month salary  
• An Employee Benefit Budget of 10% of your monthly salary to be used at your discretion. Buy extra holiday hours, add more to your pension savings or ask for part of the extra budget to be paid out.
• Personal budget of € 1.400 to spend on activities related to your personal development and career flexible working times and location-independent working
• A combination of working from home and at the Utrecht office.