CDD Analyst/Professional

As CDD & KYC analyst, you will work in the CDD team which has the responsibility to assure PGGM complies with the Dutch Anti-Money Laundering Law (Wwft) and Sanctions Law. The team is relatively new and in started in 2023. The current focus is on improvements in the process, supported by a new system, which is in the final stage of being implemented. A unique opportunity for anyone who would like to participate in establishing a fully operating CDD team and a streamlined CDD process.

Your role

You will work with a team of five CDD officers (including you). As a CDD analyst, you are responsible for carrying out an analysis (determine scope, identification and verification) and risk assessment on new relationships with which PGGM or PFZW enter into contractual obligations. The screening of entities and persons is an important part of this. In addition, CDD monitors the existing portfolio for changes based on events and periodic updates. The system that supports the CDD process is still partly under development. Further Implementation and setting up the PGGM portfolio within the new system will be part of the day to day activities. You will get ample opportunities to get up to speed with the processes and content either through (external) courses) where needed and by learning on the job from your CDD colleagues.  

To achieve the end result, you will work closely with other departments within PGGM such as Compliance, Legal, Front Office teams and the Operational Due Diligence team. With these departments you will participate in deal meetings and proactively track the process and take responsibility for completing the deals within the projected time frames. You will also interact directly with the relations who are subject to a CDD assessment.

The framework is the CDD policy of PGGM Vermogensbeheer and this policy is derived from the Anti-Money Laundering and Terrorist Financing Act (Wwft) and the Sanctions Act. There will certainly be changes in the coming years because the supervisory role will shift from local level to European level. It’s the responsibility of the CDD team to keep PGGM compliant with rules & regulations, an important part of our “license to operate”.

On behalf of our customers (pension funds), with 1,500 colleagues, we administer the pensions of 4.4 million people in the Netherlands, 2.8 million of whom work in Health & Welfare. With assets under management of 245 billion, we are one of the biggest institutional investors in the world.

It is your second nature to analyse structures and find irregularities. As CDD Analyst, you connect easily but you also operate autonomously. We would like to meet you if you recognise yourself in the following job requirements:

• Higher Professional Education academic and work level
• Approximately 1-3 years' experience in CDD/AML/KYC
• Knowledge of financial services, familiarity with the institutional investment sector we consider as an advantage
• Understanding of and experience with intricate and extensive KYC analyses of complex (international) relations we consider as an advantage
• You see multi-tasking and working with deadlines as a challenge
• Good skills in English verbally and in writing

We offer plenty of opportunities for your personal development in a green working environment at the heart of the Netherlands (Zeist, Utrecht), where it is about more than just money. At PGGM, you improve your skills by working together and sharing knowledge. You are given the freedom and responsibility to create a work-life balance that suits your lifestyle. An open and honest corporate culture is part of that. If you choose PGGM, you choose for society and yourself. You can count on:

• A gross monthly salary in scale 9 or 10 of the Collective Labour Agreement (salary line Vermogensbeheer Back and Mid-office) depending on your background and experience
• A 36-hour working week with flexible working hours
• A good pension scheme as a participant of pension fund PFZW (71% paid by PGGM, 29% by employee)
• An extensive training budget for internal and external training and/or courses
• A guaranteed year-end payment of 8,33%
• 27 days holiday
• Flexible working hours and working from home opportunities
• A where you work budget, whereby you receive a flexible salary depending on your work location and full reimbursement of travel by second class public transport
• An allowance of max. EUR 900 including VAT per 5 years to make your home workplace ergonomic
• Learning and development opportunities

More information about our terms of employment and salary scales are available in our Collective Labour Agreement under 'Terms of employment' at werkenbijpggm.nl.

CDD Analyst: your new job at PGGM? As CDD Analyst, do you want to be responsible for a good pension for 4.4 million pension participants? If so, send us your application and choose a job with impact.

Any questions or want to know more? Contact recruiter Tijmen Muller via tijmen.muller@pggm.nl

To agencies:

We know that there are many parties who wish to search with us or who are keen to offer their services for this vacancy, but at PGGM we recruit new colleagues ourselves. We therefore do not appreciate and will not consider unsolicited approaches for recruitment & selection or CVs. If we do not find a suitable candidate, we will contact you.