Seeking some verification regarding potential headcount reductions within TDKYC and the AML remediation project. Reports suggest that both full-time employees and contractors may be impacted as project phases conclude or as part of the bank's broader restructuring. Can anyone provide insight into whether these specific groups are currently in scope for layoffs?
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The new training just came out and it starts out with a consequence model. Nothing like threatening people to get them to engage in the training material.
TDKYC is such a piece of garbage, they have no idea what they're doing.
@14f The product purchased (no-bid contract) is not capable of providing the necessary alerts to identify fraud and other mis-use. In fact, right now anyone with fingers on a keyboard at a branch can perform tasks that this product/tool would never identify.
I haven't heard about layoffs but I am seeing more "retirements" than usual and contractor cuts continue. I also noticed that positions posted are going unfilled.
@v0 What was the issue with the tools? I assumed they were mostly overloading the staff with work and using their output to train AI tools. That PM figure is insane.
I hope it is the AML project. The PM is making $250K/yr for doing a really lousy job. Also, the tools they are using are very lightweight and are not providing the data we require.