Financial Analyst

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.

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/ coordinating 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.

Purpose of the Role

• Purpose of the role is to ensure that all underlying processes have adequate controls and are fully compliant with all applicable Company policies. All the Company control and compliance requirements are duly met.

Critical Factors to Success

• Should have problem solving, planning and analytical skills to facilitate and focus on continuous improvement and innovation. Project management skills and experience will be distinct advantage.
• Should have strong results orientation, project management, collaboration and co-ordination abilities. Should be self-driven, self-motivated and have eye for detail.
• Put enterprise thinking first, connect the role’s agenda to enterprise priorities and balance the needs of customers, partners, colleagues & shareholders.
• Lead with an external perspective, challenge status quo and bring continuous innovation to our existing offerings
• Demonstrate learning agility, make decisions quickly and with the highest level of integrity
• Lead with a digital mindset and deliver the world’s best customer experiences every day

Past 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