American Express Recruitment Drive | Hiring Analyst – Control Management

Qualifications

Required 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
• Sound analytical and problem-solving skills, with an ability to analyze data, identify trends, and evaluate risk scenarios effectively (e.g., Process Self Risk Assessments (PRSAs)/ Risk and Control Self-Assessment (RCSA))

Preferred Qualifications: 

• Bachelor’s 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 (e.g., Process Self Risk Assessments (PRSAs)/ Risk and Control Self-Assessment (RCSA))
• 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
• Experience in creating process flow using tools like Microsoft Visio/Alteryx

Roles & Responsibilities: How will you make an impact in this role?

The Analyst, CFR Risk ID, Assessment, Testing & Reporting will:

• Facilitate BUs in their risk assessments performance (e.g., Process Self Risk Assessments (PRSAs)/ Risk and Control Self-Assessment (RCSA)) in addition to further assessments and testing / QA programs to ensure regulatory and internal standards are met (e.g., periodic PRSA/RCSA reviews and update assessment criteria to align with regulatory updates)
• Categorize controls and map against risks and processes (e.g., cross-BU process-control mapping)
• Assist in additional identification of risks throughout business processes and systems (along with business process owners)
• Support control monitoring (supplemental to BU process owners testing) and compile key operational risk trends, activities, and events
• Proactively help identify 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)
• 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