Investment Banking AML Activity Review Analyst Investment Banking AML Activity Review Analyst …

Credit Suisse
in Raleigh, NC, United States
Permanent, Full time
Last application, 17 Jan 21
Competitive
Credit Suisse
in Raleigh, NC, United States
Permanent, Full time
Last application, 17 Jan 21
Competitive
Credit Suisse
Investment Banking AML Activity Review Analyst
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
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 Standards

As an Analyst in the first line of defense Client Governance and Assessment Program team ("Account Review or AR Analyst"), the candidate will be responsible for producing a detailed review of transaction activity in a client's account in line with firm policy and regulatory expectations. Based on the summary of their findings, conclusions and recommendations documented in the report, the AR Analyst will coordinate among first and second line functions to facilitate communication of KYC remediation decisions and impacts and will perform follow up and due diligence with the customer.

Account Activity Review reports are required to be performed for specific client types. The objective of the review is to analyze (a) if actual activity is consistent with the due diligence information collected (b) to identify high risk patterns of activity and transactions conducted by Politically Exposed Persons (PEP), (c) to highlight potential areas of concern or risk that require follow up or resolution by first or second line of defense, and (d) to validate the accuracy of the KYC risk rating.

The information and insight is extremely valuable and critical as it allows to finalize and collect all dimensions of the expected future activity, address any AML red flags identified by the AAR analyst, and have a meaningful AML call with the client or client coverage.

Successful AAR Analyst candidates possess strong analytical skills, in addition, ability to learn quickly that will able to readily understand banking and AML concepts and issues

The successful candidate will be required to:

  • Demonstrate strong independent responsibility and detailed knowledge in working with international AML compliance-related issues.
  • Possess detailed knowledge of AML transaction typologies inherent in such clients and large multinational corporations and exercising sound judgment and observe the highest degree of confidentiality in handling the information received while discharging their responsibilities.
  • Investigate and resolve strategic Money Laundering/Terrorist Financing (ML/TF) risks, including typology, geography, product, customer/entity type and other risk categories
  • Overcome investigatory challenges and be resourceful when dealing with international languages, and limited public source information or data.
Responsibilities include:
  • Conduct periodic internal account/customer reviews, complete analysis of transactional information to identify potentially unusual or high risk activity and comprehensively document steps taken throughout the review process.
  • Determine risk levels associated with top transactors and their beneficiaries and originators. Based on their experience and judgment, determine if additional sources of data should be reviewed.
  • Establish AML transactional typologies through a review of transactions, determine any correlations or anomalies in the data based on reasonable expectations and prior experience and ascertain if activity between originators and beneficiaries have valid purpose
  • Determine if the transactional activity is high risk, which requires analyzing the relationship between CS client and originators and beneficiaries of transactions
  • Make a judgment on the risk, based on all findings
  • Determine if any unusual or risk activity needs to be referred to AML Investigations for review and assessment if it is reportable to regulators.
  • Review transactions to establish if these client accounts are being utilized for activity conducted on behalf of Politically Exposed Persons.
  • Independently produce accurate reports of their investigations, findings, decisions and recommendations for use by more senior assessors
  • Contribute and demonstrate knowledge of AML issues as well as broader functional knowledge.


You Offer
  • Understands the value of diversity in the workplace and is 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.
  • 1-3 years of experience in AML, KYC, Due Diligence, Risk, Fraud, Compliance, or similar operational areas in Financial Service preferred.
  • Knowledge of BSA/AML, and other AML regulatory policies, with a strong understanding of AML typologies, geography, products, customer type and expected type of activity in order to effectively identify risk and unusual activity.
  • Proficiency in investigative techniques and pattern recognition with exceptional analytical skills
  • Understanding of the banking industry, especially correspondent banking is a plus!
  • Strong written and verbal communication and interpersonal skills
  • Hardworking, multi-tasking to meet deadlines under minimum supervision.
  • Great teammate, result oriented with ability to learn and work to achieve objectives.
  • Proficient in MS Office (Outlook/Word/Excel/PowerPoint)
  • Bachelors Degree or equivalent experience.
  • CAMS or equivalent certification preferred!
  • Outstanding problem solving skills and keen attention to detail


Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success. Credit Suisse complies with applicable federal, state, and local laws prohibiting discrimination in employment in every jurisdiction in which it maintains facilities. Subject to applicable law and regulatory requirements, Credit Suisse complies with state and local laws regarding considering for employment qualified individuals with criminal histories.
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