Job Title Product Manager VCF SIP, North America
Job Description Join Rabobank’s Structured Inventory Products (“SIP”) team to deliver innovative, sustainable working capital solutions around inventories—collaborating closely with clients and a team of structured finance professionals while gaining deep expertise in commodity markets and complex inventory flows.
Our Shared Future: What I appreciate the most about SIP is the freedom around the structuring process. Each transaction is truly bespoke requiring the team to consider complex moving elements, whether driven by the client’s unique circumstances or the nature of the commodity/inventory itself. This makes regional and global collaboration important, and never boring .
You and Your Job As an Associate or VP - SIP Product Manager you will be successful working together with senior product managers and clients to market solutions for their working capital needs around inventories, applying a risk-conscious mindset and sustainability principles while collaborating with a diverse team of colleagues.
SIP is a globally leading business line that provides working capital financing for Rabobank’s Wholesale clients by temporarily taking ownership of commodities and other eligible inventory. As a SIP Product Manager, you will partner with coverage bankers to market approved SIP products to North American Wholesale clients and prospects.
Your role ensures that all marketing activities align with the VCF Risk Appetite Statement (RAS) and the VCF Global Procedure on SIP. This includes executing the VCF and SIP strategy in full compliance with the regulatory framework applicable to SIP and VCF in North America and globally.
Job Responsibilities Market approved SIP products to North American Wholesale clients and prospects by presenting pitch decks and term sheets to them together with senior SIP product managers.
Foster seamless collaboration with key stakeholders in Utrecht, The Netherlands; a.o. SIP, Transaction Management, Legal, Compliance, and Risk teams.
Work closely with Coverage Bankers to maintain and deepen relationships with SIP clients, and take responsibility over part of the existing SIP portfolio.
Deal execution by providing support for the approval applications, legal documentation and booking of new and existing facilities.
Maintain in control (risk, legal, and compliance) and adhere to Rabobank’s governance and regulatory standards in North America.
Your Promise to Us: To be considered for the Associate or VP - SIP Product Manager role, you must have:
Finance professional with min 5 year’s work experience in Origination, Execution, or Portfolio Management
Understanding of Credit and Counterparty risk, and experience with credit approval processes within a financial institution
Experience with relationship management in relevant Front Office environment .
Exposure to legal matters, and understanding of regulatory frameworks is preferred
Self-motivated achiever who is strongly committed to meeting and exceeding objectives
Good Communication and Commercial skills, while being a team player is key
Ability to travel regionally 10 - 35% of the time
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.
Our Commitment to you – cultivating your way beyond pay: 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 days remote and the remaining days onsite—promoting both productivity and personal well-being.
Our Organization: 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: Associate Level Target Hiring Range: $130,000.00 - $175,000.00 USD
VP Level Target Hiring Range: $180,000.00 - $225,000.00 USD
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, all full-time regular positions include 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.
Rabobank 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. Rabobank 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?
This job posting has no fixed application deadline. We will accept resumes until a qualified applicant pool is identified.
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