Financial Crimes Compliance - Asset Mgt. Coverage Officer Financial Crimes Compliance - Asset Mgt. Coverage  …

Credit Suisse
in New York, NY, United States
Permanent, Full time
Last application, 03 Aug 20
Competitive
Credit Suisse
in New York, NY, United States
Permanent, Full time
Last application, 03 Aug 20
Competitive
Credit Suisse
Financial Crimes Compliance - Asset Mgt. Coverage Officer
Credit Suisse is a leading global wealth manager with strong investment banking capabilities. Headquartered in Zurich, Switzerland, we have a global reach with operations in about 50 countries and employ more than 45,000 people from over 150 different nations. Embodying entrepreneurial spirit, Credit Suisse delivers holistic financial solutions to our clients, including innovative products and specially tailored advice. Striving for quality and excellence in our work, we recognize and reward extraordinary performance among our employees, provide wide-ranging training and development opportunities, and benefit from a diverse range of perspectives to create value for our clients, shareholders and communities. We are Credit Suisse.

We Offer
A department which values Diversity and Inclusion (D&I) and is committed to realizing the firm's D&I ambition which is an integral part of our global Conduct and Ethics Standards

The team advises and guides the Asset Management/International Wealth Management division together with relevant support functions, in all aspects of financial crime compliance.

The AM Coverage Officer supports the MLRO in actively leading and owning the day to day activities of the team. They also act as first point of contact for queries and critical issues from AM and its support functions, and lead projects related to the ongoing development.
You will report directly to the MLRO.


Responsibilities:
  • Research, analyze, and quality assure information and representations made by Front Office relating to complex risk scenarios such as operations in high risk countries, dealings with complex reputational issues or potential financial crime risk issues
  • Provide advice and guidance on FCC matters on a proactive and reactive basis
  • Liaising with both local and global teams within FCC (e.g. Client ID, Surveillance & Investigations, Sanctions, ABC) in order to provide a more structured and efficient service to the business
  • Assessing high risk client and PEP reviews (EDD) on new and existing clients
  • Assisting in the management of incidents and investigations in relation to AM investors and issues
  • Delivering targeted face to face training on financial crime issues, typologies, policies and methodologies
  • Assisting with the annual FC Risk Assessment by coordinating with business and driving through actions from the analysis of results
  • Undertaking and/or assisting with desk reviews, as prioritized by the FCC Risk Assessment and FCC Annual Program
  • Attending and providing FCC input to relevant business committees and ensuring appropriate MI is submitted in a timely manner
  • Actively review and provide credible challenge to 1LOD FCC management information
  • Ensuring by testing and reviewing that the control frameworks relating to all areas of FCC are robust and operating effectively
  • Act as final point for any issues relating to monitoring, screening, PEP, ABC and Sanctions alerts
  • Assist the MLRO with maintenance of Risk Appetite Statements and advise business on appropriate measures and limits
  • Provide FCC input and investigation of potential Policy breaches and conduct issues where appropriate
  • Liaising with FCC Global functions to ensure that US controls and procedures are in line with the global framework
  • Advising the Business on implementation of new policies and procedures introduced by Global functions &/or local requirements
  • Considering results of testing and monitoring reviews relevant to business areas and discuss remedial actions required with the Business and management, as appropriate
  • Manage oversight of client, transaction and product pipeline and provide FCC advice as appropriate
  • Coordinate with Internal and External Audit in respect of FCC-related scope and findings
  • Ad hoc project work.

Open to discussing flexible/agile working.

You Offer
  • Understands the value of diversity in the workplace and is dedicated to fostering an inclusive culture in all aspects of working life so that people from all backgrounds receive equal treatment, realize their full potential and can bring their full, authentic selves to work. This should be further elaborated on in your application.
  • At least 8 years of relevant work experience
  • Asset Management/IWM Financial Crime experience is essential
  • Prior experience at a risk consultancy, intelligence unit, or FCC is a plus!
  • Outstanding written and verbal communication skills
  • Hardworking, ability to learn and attention to detail
  • Agile and adaptable to fast paced environment with ability to work in deadlines
  • Result oriented with excellent research and problem solving skills
  • Great teammate with good interpersonal skills


Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success. Credit Suisse complies with applicable federal, state, and local laws prohibiting discrimination in employment in every jurisdiction in which it maintains facilities. Subject to applicable law and regulatory requirements, Credit Suisse complies with state and local laws regarding considering for employment qualified individuals with criminal histories.
Close
Loading...