Head of IB CCU Enhanced Due Diligence Head of IB CCU Enhanced Due Diligence …

Credit Suisse
in Singapore
Permanent, Full time
Last application, 19 Jan 21
Credit Suisse
in Singapore
Permanent, Full time
Last application, 19 Jan 21
Credit Suisse
Head of IB CCU Enhanced Due Diligence
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
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 Conduct and Ethics Standard

This is a deputy team lead role that focuses on the execution of the APAC Compliance Operations' mandate across 12 APAC locations for Investment Bank businesses, acting as deputy to the APAC Head of IB CCU. The Compliance Operations function is responsible for the execution of control activities along the client lifecycle enabling a robust view and understanding of all risks and regulatory requirements identified, reviewed, assessed and mitigated during client onboarding, change in circumstances, periodic reviews and terminations.

A. Execution of Compliance Operations' Global mandate

Identify, mitigate, monitor and report compliance risks through the following activities:

  • Provide Compliance approvals for all Client Identification matters, including ensuring all account approvals satisfied the required standards
  • Advise the Front Office and Control Functions on compliance risks related to client lifecycle
  • Perform supervisory control check on Compliance Operations' executed controls

B. Regulatory Developments, Policies and Procedures

  • To work with Compliance colleagues and update compliance procedures and manuals to ensure compliance controls are executed to align with policy and/or regulatory requirements

C. Projects

  • Represent Compliance Operations on the various Change-The-Bank or Run-the-Bank projects as needed
  • Identify, coordinate, undertake or lead projects as needed to improve process and update compliance procedures
  • Working with management teams in UK and US to ensure control alignments across Compliance Operations

D. Others

  • Align and coordinate with CCOs of other divisions, and other control groups for example Internal Audit and CRO
  • Any other tasks assigned by the Team Lead manager or department head

You Offer
  • Understand the value of diversity in the workplace and are 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.
  • Experience in leading and guiding the team to reinforce Compliance requirements and promote strong Compliance culture
  • Experience in compliance reviews of KYC Files and providing exceptional approvals which are in line with the firm's established risk appetite
  • Strong technical expertise to provide advice on IB regulatory to Front Office
  • At least 5 year of solid AML track record part of which would need to be relevant CID / KYC / AML experience within an Investment Bank
  • Bachelor of Law / Accounting / Business / Economics / Finance and related academic qualification
  • Working knowledge and experience in AML/CFT regulations and requirements in Asia-Pacific countries, notably Singapore, Hong Kong and international AML standards (FATF, Wolfsberg)
  • Ability to manage a team and maintain productive relationships with key internal clients including business, client onboarding, operations and other compliance colleagues
  • Good written, verbal and interpersonal communications skills
  • Solution driven mindset, and a problem solver with the ability to think out of the box
  • Pro-active and self-starter with can-do spirit
  • Result oriented, dedicated, hardworking who can work on own initiative and can deliver on time under pressure with a 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.
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