Assistant Compliance Officer, ENO #141079
India-Pune-Pune | Full-time (FT) | Corporate Functions | Job ID 141079
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.
This role sits within the UK AML Pune Team in the Pune Financial Crime Compliance Group and supports AML investigations for UK region.
This will include assisting in the management of account surveillance, monitoring of control functions and undertaking investigations, particularly in relation to name screening alerts, transaction monitoring alerts and investigations.
In addition to the management of alerts, this role will provide support to investigators by undertaking research and conducting preliminary analysis to assist in determining whether circumstances fall within defined criteria, particularly the threshold for statutory reporting and candidates must be able to formulate and communicate the results of these enquiries, both verbally and in writing. Day to day work may include:
Undertaking review of transaction monitoring alerts generated by the Mantas system and clearing name screening ‘hits’ on client accounts.
Working alerts at level 1 and 2 in the Actimize case management tool, and raising to level 3.
Extensive investigations for money laundering / terrorist financing which may potentially lead to Suspicious Activity Reporting (SAR).
Ad hoc initiatives such as proposing amendments to policies and procedures, delivering related training to the business and other interested parties.
Recommending and driving process change and improvements to the exiting transaction surveillance model.
Review and analysis of Transaction Monitoring alerts and ensuring that appropriate mentorship is offered to the Divisions around management of Financial Crime risk;
Participate in projects to maintain and improve the existing Controls & Surveillance framework to ensure compliance with the Bank's policies and anticipate changes to legal requirements, regulatory expectations and best practice.
Undertake ad-hoc enquiries as directed by the Head of Controls Surveillance and Investigations or the Head of EMEA Financial Crime Compliance
You are educated to degree level or equivalent.
Relevant language, IT and system skills (desired but not essential).
Ability to work in a small team with a minimum of supervision.
Previous experience of name matching tools, negative news screening and automated monitoring systems (Actimize, Mantas, World-Check) would be beneficial.
Some experience of working within a financial institution (desired).
You have knowledge of different business lines and KYC components.
An understanding of the principles of Financial Crime risk and relevant qualifications.
Ability to prioritize assimilates procedures, engage with the business and undertake research.
Proven analytical skills and ability to undertake research, come to appropriate conclusions, and present complex findings.
You have strong interpersonal and communication skills
The following experience will be beneficial but not essential: Understanding of client structures and jurisdictional risk, investigations / analytical background, and previous KYC or on-boarding experience.
You are ambitious, hardworking who can work on own initiative and deliver on time whilst also being a good teammate.
High level of integrity, sense of urgency, attention to detail and quality standards
Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success.