Banking Operations Spec. 3 at Credit Suisse in Raleigh, North Carolina

Job Description:

We Offer
The International Wealth Management Division serves private and institutional clients domiciled in Europe, Latin America, the Middle East and Africa, and includes the global Asset Management franchise. The design of the new division is based on the fundamental belief that a regional setup is the best to drive growth.

In this role, you will work within the Asset Management US Investor Services team and utilize your experience in Financial Crimes Compliance (FCC) to provide Anti-Money Laundering (AML) and Know-Your-Customer (KYC) support to multiple Asset Management/IWM businesses lines:

• Provide ongoing KYC due diligence support for new investors in private equity and hedge funds, separately managed accounts and transfers of interest

• Provide ongoing support of periodic reviews, including preparation of investor letters, client outreach and running KYC due diligence

• Work with FCC on event-driven reviews as and when they occur, including client outreach and running KYC due diligence

• Perform four-eye reviews and quality assurance on client files and help track and categorize rework

• Work directly with clients, COO teams, Product Specialists and AM Distribution in providing KYC guidance during the onboarding process

• Coordinate review and approval of any enhanced due diligence associated with CSAM clients, including adverse news, sanctions, PEP's, higher-risk client types, country risk and reputational risk

• Help coordinate FCC Controls Testing & Assurance (CTA) reviews, annual AML BSA Risk Assessment and annual AML Audit for CSAM

• Help to gather metrics from various business partners and share regular, transparent MI reporting to AM senior management and FCC

• Coordinate with the Document Imaging Team to ensure that all KYC data is centrally stored and accurately indexed; ensure that the firm's document retention policies are being met.

• Work with Treasury to review and approve any third party payment requests for investor capital calls/distributions or subscriptions/redemptions

• Provide guidance to the Investor Services Data Management team to ensure that all client KYC reference data is in good order in the CSAM client-master database

Credit Suisse maintains a Working Flexibility Policy, subject to the terms as set forth in the Credit Suisse United States Employment Handbook.

You Offer

• Bachelor's Degree required.

• Equivalent work experience of at least 5 years with Financial Services, FCC and/or Fund Administration

• Equivalent experience in FCC and Customer Identification Programs; in-depth knowledge of AML, KYC, Sanctions, Adverse News Screenings, PEP reviews, Reputational Risk, AML Risk Appetites, etc. is strongly preferred

• Detailed understanding of US and Cayman AML/KYC guidance in the Asset Management/Registered Investment Advisor space

• Proficient with Microsoft Excel, Word and PowerPoint; familiar with Microsoft CRM database and business process workflow tools.

• Familiar with project management plans/timelines and business requirements documents.

• Must possess strong communication (written and verbal) skills

• Comfortable conducting calls and leading meetings, both internally and externally

• Well organized, motivated individual with proven initiative

• Should be independent, flexible and very proactive.

• Strong communication, consulting and relationship building capabilities and ability to influence internal and external partners.

• Highly professional work ethic and fully accountable for work results