Job Description

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.

How will you make an impact in this role?

Function Description

The Quality Assurance and Regulatory Governance team is responsible for ensuring governance and oversight of regulatory reporting process. The team performs Quality Assurance reviews including process & controls testing, testing the conformity of reported data with reporting instructions and gathering, sampling, understanding, and testing the data to ensure data quality for various regulatory reporting purposes. The team partners closely with the Regulatory Report owners, Technology, Data Governance, and other stakeholders to perform the review and ensure robust governance.

Responsibilities-

The team is looking resource to support QA reviews and ensuring governance of regulatory reporting processes.



The job would entail the following activities:


Perform

process & control review

to identify control gaps and improvement opportunities,

and transaction testing, share findings, and monitor closure.

Support regulatory reporting to

ensure compliance with

the reporting guidelines issued by regulators.

Understand the master and reference data

to be used across operational and reporting processes. Ensuring effective governance by performing the QA periodic process

certification and control testing activities

Ensure compliance with internal policies and procedures

.

Collaborate with regulatory

reporting, technology, data governance, service management, teams to ensure the quality assurance over the regulatory reporting processes. Participate in standardization and continuous improvement initiatives within the team as well as other business partner initiatives. Support

compliance with Regulatory Reporting Governance

policy and prepare key metrics. Support team in various

assurance and regulatory governance

activities by QA team e.g., Regulatory Reporting Error Framework, Cross Report Reconciliation Framework, Regulatory Reporting Risk Assessment Framework and Regulatory Reporting Item Log Framework. Identify improvements areas in QA process and work on remediation. Identify automation opportunities and work on automation of QA capabilities Exposure on Data Profiling. Experience on Process & Control Testing, Conformance testing and Transaction testing

Experience

Experience in Quality Assurance of Reporting, U.S. Regulatory Reporting

Data analytics, data controls and understanding of data transformation logics.

Experience on automation tools such Power Platform Apps

Knowledge of financial reporting, banking products and

Auditing

is a plus.

Must be a self-starter with an ability to drive large scale change.

Creative mindset; comfortable working in undefined space and seizing new opportunities.

Strong team player who can not only facilitate collaboration but can also step up and lead.

Academic Background

At least 4+ years' experience in Accounting/Reporting

PG in commerce/ MBA / Chartered Accountant a plus

Prior experience with U.S. regulatory/SEC reporting or public accounting a plus.

Functional Skills/Capabilities

Must have good communication and interpersonal skills and be able to interact independently with senior business partners / customers etc.
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.

Technical Skills

Able to understand and enhance the governance around regulatory reports.

Strong analytical and problem-solving skills. Quick learner.

Knowledge of Platforms

MS Office suite (MS Excel, MS Word, and MS PowerPoint).

Oracle, Essbase and RRA (Regulatory Reporting Automation).

SharePoint and Power Platform.

SQL queries and understanding of database management

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


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

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.


Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.