Credit Suisse is a leading global wealth manager with strong investment banking and asset management capabilities. Founded in 1856, Credit Suisse has expanded to be a global force employing over 45,000 people in 50 countries. With new leadership, a new strategy and a streamlined global organization, we are set for growth. We partner across businesses, divisions and regions to create innovative solutions to meet the needs of our clients—and to help our employees grow. It is a high priority for us to continually invest in our employees by providing ongoing opportunities for training, networking and mobility. Join us and let's shape the future of Credit Suisse together.
FCC Risk Assessment & Policies #192678
Within the Global Financial Crime Regulatory & Risk Oversight team and as part of this job, the individual selected will engage, collaborate and partner with various stakeholders so that governance-related compliance obligations are met, specifically in policy and controls. The individual will also drive and develop the related protocols and frameworks to strengthen the firm’s risk culture. You will be challenged with sometimes vague and undefined requirements and be required to work these through so that the organization understands what needs to be done, these are executed effectively, and our commitments are delivered.
The individual selected will need to work with the business and compliance partners to collect information necessary to understand how certain processes and/or controls work in order to understand if regulatory development has an impact on these or if there is a gap in the current processes/controls which need to be addressed. The individual will have accountability for the maintenance of the Global Financial Crime Compliance (FCC) Policies; this would include updates to clarify the escalation taxonomy, criteria and reporting framework.
This individual will work in a dedicated implementation team and act as single points of contact that actively manage the baseline of our obligations, advises on the efficacy and strength of policy implementation and control design. This team will complete the consolidation of all global AML policies into 3 Global Policies only, namely AML, Sanctions & ABC and work closely with the Center of Competence within the 1st line, and will assure interpretation and implementation of policy and controls in a consistent way. This team will also simplify, streamline and clarify policy requirements, standardized interpretations and implementation of global processes and controls (where possible) across FCC and the 1st line and will provide training to the 1st Line where there are repeat issues/failures. In addition to this, the team will design and maintain FC Controls – in particular ensure that there are sufficient global key controls to address the key global risks and ensure all FCC control Inventories have been completed for the Bank, including those existing in 1st LoD; BAU maintenance for FCC controls and engage with 1st LoD AML Center of Competence for risk oversight of BAU 1st LoD controls. The individual may assist with other related tasks within the risk oversight team, including risk assessments and oversight of regulatory consolidated supervision.
Your future colleagues
The Financial Crime Compliance team is formed of dedicated compliance officers who are exceptionally driven and hardworking and as part of the team, you work on some of the most crucial regulatory projects. We are 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 cultural values.