Analyst - Control Management Risk ID, Assessment, Testing & Reporting
Analyst - Control Management Risk ID, Assessment, Testing & Reporting
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Job Description
We back you with benefits that support your holistic well-being so you can be and deliver your best. This means caring for you and your loved ones physical financial and mental health as well as providing the flexibility you need to thrive personally and professionally:
- Competitive base salaries
- Bonus incentives
- Support for financial-well-being and retirement
- Comprehensive medical dental vision life insurance and disability benefits (depending on location)
- Flexible working model with hybrid onsite or virtual arrangements depending on role and business need
- Generous paid parental leave policies (depending on your location)
- Free access to global on-site wellness centers staffed with nurses and doctors (depending on location)
- Free and confidential counseling support through our Healthy Minds program
- Career development and training opportunities
Offer of employment with American Express is conditioned upon the successful completion of a background verification check subject to applicable laws and regulations.
At American Express our culture is built on a 175-year history of innovation shared values and leadership behaviors and an unwavering commitment to back our customers communities and colleagues. As part of Team Amex youll experience this powerful backing with comprehensive support for your holistic well-being and many opportunities to learn new skills develop as a leader and grow your career.
Here your voice and ideas matter your work makes an impact and together you will help us define the future of American Express.
International Risk and Controls sits within International Card Services (ICS) which comprises of all the issuing functions across all 28 international markets excluding the US - colleagues operate across a variety of geographies and disciplines. ICS issues products to our Consumer and Commercial customers the organization is an integral part of the global growth strategy for American Express; offering differentiated products and services is critical to our success and promises to drive significant growth and value through the delivery of innovative products tailored to the needs of our customers.
The objective of the ICS Control Management Risk ID Assessment Testing and Reporting team is to identify assess mitigate and report on Operational Risk within BU processes for ICS to ensure adherence to regulatory standards Amex policy and enhance the BUs resilience through managing a clear methodology of inherent and residual risk.
ICS Control Management is looking for an Analyst of Risk ID Assessment Testing & Reporting focused on ensuring control management is embedded in the day-to-day operations of our organization. It will involve extensive collaboration with multiple partners across numerous business units functional areas and geographies.
The Analyst ICS Control Management Risk ID Assessment Testing & Reporting will:
- Assist in additional identification specific risks throughout business processes and systems (along with business process owners)
- Support facilitation to BUs in their risk assessments performance (e.g. Process Self Risk Assessments (PRSAs)) in addition to further assessments and testing / QA programs to ensure regulatory and internal standards are met (e.g. periodic PRSA reviews and update assessment criteria to align with regulatory updates)
- Support control monitoring (supplemental to BU process owners testing) and compile key operational risk trends activities and events
- Proactively help identify certain areas of high-risk for intervention (e.g. automated alerts generated for high-risk areas signal need for intervention and focus) including conducting independent quality assurance and vertical process testing
- Support thematic risk reporting (levels trends causes)
- Categorize controls and map against risks and processes (e.g. cross-BU process-control mapping)
- Support BU with identification of risks and spotting areas where product changes or improved controls may be required within New Product Governance (NPG)
- Support risk management practices within the business
- Maintain risk dashboards and key risk indicators (KRIs) for ongoing monitoring
- Maintain risk profiles and an updated risk register(s)
- Support sharing insights better practices themes etc. across the enterprise
Minimum Qualifications:
- 1-2 Years experience in operational risk management (e.g. within Risk and/or Internal Audit function)
- Understanding of critical operational risk management lifecycle activities
- Project management communication and interpersonal skills
- Experience in process governance with an understanding of processes that align with policies regulatory frameworks and/or operational standards
- Analytical and problem-solving skills with an ability to analyze data identify trends and evaluate risk scenarios effectively BU-SPECIFIC
Preferred Qualifications:
- Bachelors Degree in Finance Business Risk Mgmt. or related field; advanced degrees (e.g. MBA MSc) or certifications are advantageous
- Experience in at least one of the following:
- Supporting identification of operational risks throughout business processes and systems
- Facilitating risk assessment performance in addition to further assessments and testing programs to ensure regulatory and internal standards are met
- Supporting independent control monitoring including identification of control improvements
- Supporting the identification of areas of risk for intervention including conducting independent quality assurance and process testing
- Compiling thematic risk reporting to provide actionable insights on risk levels emerging trends and root causes
- Supporting identification of operational risks throughout business processes and systems
ORMCM
Required Experience:
IC
Employment Type
Full-Time
