Analyst-Compliance, Global Financial Crimes Compliance, Audit Management - job 2 of 3

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, you'll 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.

Team Overview:

American Express’ Global Financial Crimes Compliance (GFCC) team is responsible for leading the enterprise-wide Anti-Money Laundering, Sanctions, and Anti-Corruption compliance functions. This team has global responsibility for identifying, investigating, and reporting suspicious activity, including money laundering and terrorist financing, and provides broad analytical and operational support for the company’s enterprise-wide AML functions. GFCC is part of the broader Global Risk & Compliance organization.

The Program Governance team oversees project management, inter-company agreements (ICA), issue management, the new product approval process, audit and review management, and financial institution due diligence (FIDD) for GFCC.

This is an exciting opportunity to join the GFCC Program Governance team in a role that will help the successful applicant build knowledge of virtually all GFCC processes, create relationships with stakeholders across GFCC, Compliance, and all lines of defense, and lead impactful decisions and projects.

Role Overview:

This role will focus on Audit Management, Regulatory Response Management, and as applicable, Finding Management. In addition, the role will support the broader GFCC Program Governance team in other Audit Management, Financial Institution Due Diligence, and Product Approval work. 

Audit Management:

Global Financial Crimes Compliance (GFCC) is reviewed by various oversight teams including the Internal Audit Group (IAG), Independent Compliance Testing (ICT), and Global Risk Oversight. These reviews, associated requests, and resulting responses are managed and/or tracked centrally by the GFCC Audit Management function. This work requires broad understanding of all Financial Crimes Compliance disciplines and detailed understanding of GFCC organization and structure. As part of this function, the analyst will interact with all levels of leadership, provide regular updates to stakeholders, and ensure that stakeholders send and receive timely responses.

Audit Management also includes oversight of findings and action plans resulting from these reviews to ensure on-time closure.

Regulatory Response Management:

AMEX is subject to financial institution regulation and oversight in markets around the world. Similar to Audit Management, this work requires understanding of Financial Crimes Compliance processes and structure. Additionally, the analyst will need to work with stakeholders to interpret regulatory requests and questionnaires based on the unique circumstances within each market, including AMEX’s status as either an issuer, acquirer or network operator, the level of outsourcing in the market, and where services may be provided between legal entities.

Financial Institution Due Diligence:

The analyst may help support responses to financial crime-related inquiries by third-party financial institutions with which American Express has relationships or is establishing a relationship. The analyst will work with GFCC SMEs to ensure appropriate responses for each of American Express’s legal entities, lines of business, and markets are provided to financial institutions.

Product Approval:

The analyst may provide some support to Product Approval functions on the Program Governance team. Product Approval consists of understanding new product initiatives for American Express products, socializing those initiatives with GFCC Subject Matter Experts, and guiding the initiative through the review, sign off, and formal approval processes required by AEMP54.

Responsibilities:

• Coordinate and manage communication between non-GFCC stakeholders, GFCC SMEs, and GFCC Leadership to address detailed questions regarding GFCC processes. 
• Manage multiple project and request deadlines to ensure compliance with IAG, Risk Oversight, and Compliance Testing requirements.
• Maintain documentation and evidence for requests and responses.
• Become an expert in GFCC processes, including Sanctions Screening, Transaction Monitoring, Investigations, Risk Management, etc. to provide direction and context to all stakeholders.
• Contribute to and provide support to DFS504, Finding Management, FIDD, and New Product Approval processes as needed, including coordinating with the other managers and analysts on the Program Governance team to ensure appropriate resourcing as priorities and demands change.

Minimum Qualifications:

• Three years professional experience
• Two years in any of the following areas: Transaction Monitoring, Suspicious Activity Reporting, Sanctions/Politically Exposed Persons (PEP) Screening, Regulatory Exam Management, Audit Management, or other Compliance functions.
•  Experience with and/or knowledge of Global Financial Crimes Compliance roles/responsibilities and application platforms.
• Strong written and verbal communication skills; ability to interact with all levels of management.
• Strong skills with Microsoft Office products including Excel and PowerPoint.
• Ability to effectively manage multiple and often conflicting priorities under tight timeframes.
• Self-starter with demonstrated ability in taking the initiative to address issues, and strong eye for detail and organizational skills.
• Ability to work alternate time zone hours for this position, within the hours of 8am ET - 5pm ET.
• Bachelor’s degree or relevant work experience required.

Salary Range: $50,000.00 to $90,000.00 annually + bonus + benefits

The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we’ll consider your location, experience, and other job-related factors.

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 
• 6% Company Match on retirement savings plan 
• Free financial coaching and financial well-being support 
• Comprehensive medical, dental, vision, life insurance, and disability benefits 
• Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need 
• 20+ weeks paid parental leave for all parents, regardless of gender, offered for pregnancy, adoption or surrogacy 
• 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

For a full list of Team Amex benefits, visit our Colleague Benefits Site.

American Express is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability status, age, or any other status protected by law. American Express will consider for employment all qualified applicants, including those with arrest or conviction records, in accordance with the requirements of applicable state and local laws, including, but not limited to, the California Fair Chance Act, the Los Angeles County Fair Chance Ordinance for Employers, and the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance. For positions covered by federal and/or state banking regulations, American Express will comply with such regulations as it relates to the consideration of applicants with criminal convictions.

We back our colleagues with the support they need to thrive, professionally and personally. That's why we have Amex Flex, our enterprise working model that provides greater flexibility to colleagues while ensuring we preserve the important aspects of our unique in-person culture. Depending on role and business needs, colleagues will either work onsite, in a hybrid model (combination of in-office and virtual days) or fully virtually.

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Employment eligibility to work with American Express in the U.S. is required as the company will not pursue visa sponsorship for these positions.