The Fraud Examiner

Career is About More Than Numbers and Facts for Credit Suisse VP
 

October 2015

ACFE Member Profile
David Bach, CFE
Vice President, Credit Suisse 


In his spare time, David Bach, CFE, enjoys volunteering for organizations like the food bank in New York City and Habitat for Humanity, helping to assist with disaster relief efforts in New Jersey and Louisiana. Bach’s desire to work with people is also present in his career — he says the most rewarding aspect of his job is “the people, both my colleagues and those I examine.” In his current position as Vice President at Credit Suisse, Bach says, “When people hear that I’m an auditor, they automatically think I deal mostly with just numbers and facts. But the reality is that much of my time involves talking to people about how they do their job and what they know.”


Where were you born and raised?

I was born in New York City, but I grew up on Long Island and now live there with my wife and children. 

 

What is your current role and what does it entail?

I am a vice president in Credit Suisse’s Global Internal Audit Department and am based in the New York office. I conduct in-depth reviews of the bank's internal controls surrounding front-office businesses and supporting operations. My current focus is primarily on conduct risk, financial crime, anti-money laundering and private banking. I look to uncover control weaknesses and risks, and I work with management to identify effective solutions and then report on the results. 

 

How did you become passionate about fighting fraud?

Early in my career I was following up on issues from a prior audit at a branch office. I selected a small sample to verify that they were in compliance with the agreed actions. While reviewing the documents requested, it became apparent that one of the officers had approved some inappropriate transactions that benefited him and a client. The investigation eventually resulted in the termination of the employee. Shortly after this investigation I left that company, but the experience piqued my interest.

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