Jr. Compliance Operations Specialist- Investment Banking

Credit Suisse
  • Location
    New York, New York
  • Sector
  • Experience
    Early Career / Mid Career
  • Posted
    Nov 24

Position description

The Compliance Officer role will be responsible for a broad range of Oversight, Control and Program Execution activities across the US Compliance Operations group (“ComOps”). The candidate will work with the management team and report directly to the Oversight, Controls and Execution Manager in the US/UK. The Compliance Operations Group US/UK includes coverage teams located in New York, London, Raleigh, North Carolina and Pune, India.

Key Responsibilities:

Ensure operating efficiency of client life cycle controls within the Second Line of Defense (“2LOD”), covering TEG US business divisions as well as supporting other business areas as needed, with oversight for:

  • Client Due Diligence (“CDD”)
  • Enhanced Due Diligence (“EDD”)

Conduct Quality reviews of Credit Suisse onboarding due diligence submissions. including but not limited to:

  • Quality Check of client onboarding documentation for validation of both Credit Suisse internal requirements and regulatory requirements
  • Partnering with the First Line of Defense (“1LOD”) to provide guidance and feedback related to the overall due diligence process
  • Providing an assessment of each client onboarding within the ComOps workflow tool
  • Raising to the appropriate specialty desk within ComOps and Financial Crimes Compliance (“FCC”), where necessary

Run/assess both client and firm risk, by conducting online research using open source and proprietary databases, and drafting analytical reports accounting for and assessing any money-laundering, financial crime, and political risk associated with the bank’s High Risk population;

Managerial and Business Support:

  • Manage, plan, and oversee successful completion of ComOps projects, as needed. This includes communicating/reporting to senior management, crafting project plans, and raising issues/concerns;
  • Assist in developing appropriate control measures and reporting, managing department corrective actions and providing input to the risk processes.
  • Work closely with colleagues in 1LOD, 2LOD, and FCC to promote standard methodologies and consistency across teams;
  • Evaluate processes and procedures across geography and function to ensure consistency;


Your future colleagues

We are looking to expand the team in IB Compliance Operations, which includes coverage teams located in New York, London, Raleigh, North Carolina and Pune, India. In this role the applicant will have the opportunity to work on a diverse set of strategic and operational projects, with primary focus on quality & efficiency and interact with senior business partners across the firm. 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


Your skills and experience

We are looking for an applicant who possesses equivalent experience of at least 4 years in Compliance/AML/KYC for a financial institution with an understanding of controls and project management. And experience of due diligence of Investment Banking Capital Markets Clients (Corporate clients, Financial Institutions, Non-Bank Financial Institutions, Hedge Funds, Funds, SPVs)

  • A Bachelor’s degree in a qualitative field (e.g. International Relations, Law, Politics, Government etc.)
  • Ability to manage multiple assigned responsibilities while meeting key goals associated with global program initiatives
  • Exposure to a highly effective compliance function in a financial services or heavily regulated industry
  • Highly motivated, committed with drive and enthusiasm
  • Hardworking with ability to work independently and excellent time management
  • Proficiency in the following systems/software is advantageous: Microsoft Office, Lexis Nexis, World Check and various Compliance Related Systems
  • Outstanding written, analytical, and verbal communication skills with proven ability to communicate complex ideas in concise written form
  • Results oriented, good teammate with solid interpersonal and problem-solving skills
  • Detailed understanding of operational or financial crime risks
  • ACAMS Certified a plus
  • Knowledge of US Customer Due Diligence and Enhanced Due Diligence Practices
  • Dedication to fostering an inclusive culture and value varied perspectives

Application instructions

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