Credit Suisse Risk Organization Strategic Goals and Performance
We are strengthening the first line of defense and
Compliance oversight in client onboarding and lifecycle management
Changes to client onboarding and lifecycle management process
Outcomes
26
Onboarding
Client Lifecycle
changes
Offboarding
Transferring compliance expertise (~450 FTEs) to first line of
defense
Increased risk accountability in first line of
defense
ā
ā
Divisions perform know-your-client processes from onboarding
and through client lifecycle.
Compliance performs enhanced due diligence for the highest
risk clients and performs independent testing
CTOO committed to further automate and streamline the target
operating model
Enhanced efficiency and effectiveness of
Client Lifecycle Processes
Strengthened lines of defense oversight
and testing of controls
Enabling efficient and effective client onboarding and risk management
Footnotes are an integral part of this presentation. See slides 62-67 in the appendix of this presentation for detailed information, including
important presentation and other information relating to non-GAAP financial measures, and defined terms.
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