Job Description

You Lead the Way. We’ve Got Your Back.
At American Express, we know that with the right backing, people and businesses have the power to progress in incredible ways. Whether we’re supporting our customers’ financial confidence to move ahead, taking commerce to new heights, or encouraging people to explore the world, our colleagues are constantly redefining what’s possible — and we’re proud to back each other every step of the way. When you join #TeamAmex, you become part of a diverse community of over 60,000 colleagues, all with a common goal to deliver an exceptional customer experience every day. 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.
Purpose of the Role
Developing and maintaining an effective Compliance program to ensure a best in class Compliance culture within AEBC.
Responsibilities

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  Providing guidance to business units on regulatory matters and interpretation of guidelines issued by various regulators.
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  Providing guidance and support to the lines of businesses through participation in new product/service projects
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  Providing direction and assist business partners regarding Compliance activities, laws and regulations.
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  Ensure that business activities are aligned to American Express Company compliance program and local regulations in local market
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  Providing advice and guidance on compliance issues within the market in a manner consistent with all local directives, circulars, and communications.
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  Supporting the Market Compliance Office in achieving the Market Goals within the defined time line, in closing out the identified Gaps and resolving outstanding compliance issues.
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  Developing and executing a compliance training program for AEBC with specific focus on consumer card acquisitions and related practices. Assist management in promoting staff awareness of compliance requirements, in partnership with designated Compliance Champions.
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  Ensuring compliance-training programs are updated as required, attendance is tracked and that all employees are scheduled for appropriate training as per the market Compliance program. Conduct periodic classroom training session based on an Annual compliance training plan to cover Code of Conduct, AML / KYC and FCPA training and such other topics as decided by the Compliance & Ethics group from time to time.
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  Maintaining working knowledge of relevant legal and regulatory requirements. As needed, utilize General Counsel's Office, Global / Market Compliance Office, or other line of business subject matter compliance experts. Ensure that business activities are aligned to American Express Company compliance program and local regulations in local market.
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  Provide regular updates to various committees within AEBC.

Critical Factors to Success

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  Demonstrate excellent verbal and written communications skills.
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  Good knowledge of AML Laws and practices
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  Strong knowledge of Banking Regulations Act, Prevention of Money Laundering Act and other laws applicable to Commercial Banks and Payment Operators
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  Working knowledge of Bank Secrecy Act, USA Patriot Act, Office of Foreign Assets Control (preferred)
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  Ability to operate multi-nationally with regulators, law enforcement, business partners and Agents
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  Strong problem solving and analytical skills including the ability to conceptualize and break down complex issues into actionable tasks.
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  Ability to address large groups and conduct training.
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  High standard of integrity.
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  Strong computer knowledge; excellent MS Word, Excel, PowerPoint skills.
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  Ability to multitask effortlessly and manage competing priorities under demanding deadlines.
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  Must be self-motivated, dependable, adaptable and detail oriented with a proven ability to work independently or within a team environment.
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  Good academic qualification with experience in compliance, audit or legal would be an advantage. Prior experience in a control / support function would be given preference.
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  Fair knowledge of the Card industry and its business practices with good understanding of end to end front office and Back office activities.
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  Handled Regulatory Compliance within large banks or payment operators
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  Experience in working with regulatory bodies will be an added advantage.

Past Experience

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  Minimum of 8 to 12 years of relevant experience in consultancy within the Big Four or in a bank/financial institution background.

Academic Background

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  Preferably CA/CS/LLB/CAMS/CIA/MBA.

American Express is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected 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.