Financial Services Industry
As a company operating within the financial services industry, you are trusted to protect the financial welfare of your clientèle. Whether it’s making investments on their behalf or ensuring they have the proper insurance coverage, you help safeguard their future. Kroll recognizes that the numerous factors at play within your market, including continued globalization, a competitive hiring pool, and various governmental regulations, add complexity to your hiring practices. What’s more, financial services organizations maintain large amounts of personally identifiable information, making them a prime target for data breaches. When your reputation hinges, in part, on your ability to capably manage these issues, the last place you want to encounter risk is within your own workforce.
An effective employee screening program plays an important role in mitigating these risks. Kroll’s more than 35 years of experience in working with financial services organizations provides us with unparalleled industry expertise – in fact Kroll established a reputation as “Wall Street’s private eye” during the hostile takeover era of the 1980s. Our comprehensive screening services strengthen organizational integrity, reduce your exposure to risk during the hiring process, and help to avoid data breaches caused by deliberate theft on the part of people with direct access to sensitive information – so you can focus on what you do best – assessing and managing the financial risks of your clientèle.
Services of particular interest to financial services organizations include:
Employment background checks – Ensures compliance with the applicable laws and regulations, helps reduce workplace theft and violence, and verifies that employees are qualified to handle their level of responsibility.
Sanctions searches – Discover if a prospective or current employee has been sanctioned or disciplined by a governmental or regulatory body.
Financial and credit information – Provides you with actionable information related to potential employees, prospective business partners, or future business relationships.
Supplier/vendor screening – Provides detailed information about vendors, including businesses, owners, and their employees who have access to your employees, data, and facilities.
I.D. theft and fraud solutions – Helps organizations to deter and recover from losses of sensitive personal information that may be held on your employees, clients, or organizational secrets.
Investment screening services – Allows investment professionals to make informed investment decisions and effectively conduct research on alternative asset managers.
U.S.- specific searches for financial services organizations include:
- Substance abuse testing – Helps organizations reduce the incidence of drug use and its effects in the workplace.