You Lead the Way. We’ve Got Your Back.
With the right backing, people and businesses have the power to progress in incredible ways. When you join Team Amex, you become part of a global and diverse community of colleagues with an unwavering commitment to back our customers, communities and each other. Here, you’ll learn and grow as we help you create a career journey that’s unique and meaningful to you with benefits, programs, and flexibility that support you personally and professionally.
At American Express, you’ll be recognized for your contributions, leadership, and impact—every colleague has the opportunity to share in the company’s success. Together, we’ll win as a team, striving to uphold our company values and powerful backing promise to provide the world’s best customer experience every day. And we’ll do it with the utmost integrity, and in an environment where everyone is seen, heard and feels like they belong.
Join Team Amex and let's lead the way together.
Please add the Business Unit Job Family paragraph for the job here. Here is where to find the list of Job Family Paragraphs: https://square.americanexpress.com/docs/DOC-145434. Once added, delete these instructions.
Function Description
The Regulatory Reporting team delivers Bank Holding Company regulatory reports in accordance with Federal Reserve requirements for American Express Company and its subsidiaries. We perform independent processes to prepare, review and analyze financial information with a key focus on control and compliance and addressing new Federal Reserve requirements, including new reports. We work extensively with our own market financial controllers, subject matter experts, General Counsel’s Office, technology partners, and external regulators. The team is committed to talent development, work / life balance, and timely recognition of team members. This role may be subject to additional background verification checks.
Responsibilities-
Overall, this position will be a part of the Financial Reporting Cluster. It is a new role and will primarily support the Controls and Compliance function and will be part of Regulatory Reporting team. The job would entail the following activities:
• Ensuring compliance with AXP Process Risk Self-Assessment (PRSA) policy/guidelines for the process which includes updating risk assessment questionnaires (RAQ), controls and process flow reviews, controls self-testing and assertions, quarterly certification etc.
• Managing business continuity plan (BCP) and business impact analysis (BIA) functions for the process including BCP and BIA certification, performing BCP exercises
• Ensuring compliance with other AXP policies related to controls and compliance e.g. records management, SOX. This includes ensuring compliance with AXP records management policies, soft copy and hard copy records purging
• Maintaining documentation in Archer
• Partnering/ co-ordinating with various teams such as Operational Risk Excellence team, Global Records Management team, Regulatory Reporting teams, Regulatory Assurance, Quality Assurance, Subject Matter Experts and Global Reporting leaders etc.
• Supporting projects to geared towards enhancing controls and compliance in the organization / process
• Supporting the Managers and Director in responding to inquiries of (i) Federal Reserve; (ii) GCO; and (iii) other regulatory related or internal inquiries.
• Supporting the Managers and Director in implementation of analytical and reporting processes, procedures and systems using the Company’s control framework.
• Supporting the Managers and Director with various presentation requirements
• Displaying thought leadership and supporting work/life balance initiatives.
This role may be subject to additional background verification checks.
Shift timings- 11AM to 7:30PM
Experience
·Must have worked on control & compliance framework
·Knowledge of SOX/ PRSA is preferable
·Regulatory/ external reporting experience is preferable
Academic Background
·At least 1+ years' experience in Accounting/Reporting
·Chartered Accountant/CPA preferred
·Prior experience with U.S. regulatory/SEC reporting or public accounting a plus
·A diploma/certificate in risk management will be good to have
·Functional Skills/Capabilities:
·Must have good communication and interpersonal skills and be able to interact independently with senior business partners / customers etc.
·Ability to make effective presentations, especially using Microsoft PPT will be a plus
·Reporting and analysis experience will be an advantage. Familiarity with US GAAP and financial accounting experience is preferred.
·Self-driven, team player, have analytical skills and inclination for process improvement.
·For an internal candidate, knowledge of company policies, businesses, finance processes and systems is desirable
·Understanding of financial domain and AXP systems
·Technical Skills
·Able to understand and enhance the control environment around the filings.
·Able to understand the SOX and operational controls associated with the process
·Strong analytical and problem solving skills. Quick learner.
·Must be proficient in MS Applications such as Excel, PowerPoint and Word.
·Knowledge of Platforms
·Archer, Tableu, Oracle, Essbase, RRD architecture
·Behavioral areas
·Enterprise Leadership Behaviors
·Set The Agenda: Define What Winning Looks Like, Put Enterprise Thinking First, Lead with an External Perspective
·Bring Others With You: Build the Best Team, Seek & Provide Coaching Feedback, Make Collaboration Essential
·Do It The Right Way: Communicate Frequently, Candidly & Clearly, Make Decisions Quickly & Effectively, Live the Blue Box Values, Great Leadership Demands Courage
Compliance Language
We back our colleagues and their loved ones with benefits and programs that support their holistic well-being. That means we prioritize their physical, financial, and mental health through each stage of life. Benefits include: