Job Information
American Express Senior Analyst-Operational Risk Management in New York, New York
Description
You Lead the Way. We’ve Got Your Back.
With the right backing, people and businesses have the power to progress in incredible ways. When you join Team Amex, you become part of a global and diverse community of colleagues with an unwavering commitment to back our customers, communities and each other. Here, you’ll learn and grow as we help you create a career journey that’s unique and meaningful to you with benefits, programs, and flexibility that support you personally and professionally.
At American Express, you’ll be recognized for your contributions, leadership, and impact—every colleague has the opportunity to share in the company’s success. Together, we’ll win as a team, striving to uphold our company values and powerful backing promise to provide the world’s best customer experience every day. And we’ll do it with the utmost integrity, and in an environment where everyone is seen, heard and feels like they belong.
Join Team Amex and let's lead the way together.
How we serve our customers is constantly evolving and is a challenge we gladly accept. Whether you’re finding new ways to prevent identity fraud or enabling customers to start a new business, you can work with one of the most valuable data sets in the world to identify insights and actions that can have a meaningful impact on our customers and our business. And, with opportunities to learn from leaders who have defined the course of our industry, you can grow your career and define your own path. Find your place in risk and analytics on #TeamAmex.
The Operational Risk Management (ORM) team facilitates and monitors the implementation of effective operational risk management programs throughout the organization, and oversees risk ownership throughout business units, products, and processes. The objective of the ORM Issues & Events team is to define and maintain the issues and events frameworks and programs across the enterprise.
ORM is looking for a Senior Analyst of operational loss events (OREs) to be a key part of a diverse team of high-performing professionals focused on ensuring effective operational risk 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.
How will you make an impact in this role?
The Senior Analyst, Losses / Risk Events will:
Ensure the accurate classification, reporting and escalation of OREs incurred by Amex
Ensure that loss reporting aligns with regulatory standards (CCAR, Basel, etc.)
Validate the first line’s loss data including root causes and adequacy of remediation efforts and identify issues that require second line challenge
Ensure appropriate financial impact analysis is conducted by the first line and reported to senior management and regulators.
Identify loss trends for actionable insights and suggest potential KRIs, metrics, etc.
Support and document scenario analysis, stress testing and planning processes
Ensure processes for reporting to internal stakeholders, committees and regulatory bodies etc. are maintained and improved
Leverage technology appropriately to support the ORE framework
Qualifications
Experience in operational risk management (e.g., within Risk and/or Internal Audit function) and critical operational risk management lifecycle activities
Experience in operational loss event capture, classification, reporting and root cause analysis; external loss analysis; regulatory reporting; scenario analysis and stress testing
1-3 years of experience of working within regulatory frameworks for systemically important banks (e.g., Basel II, Basel III)
Strong analytical and problem-solving skills, with an ability to analyze data and identify trends
Strong project management skills
Strong communication and interpersonal skills, with an ability to interact with all colleague levels
Understanding of the importance of high-quality processes, continuous improvement and best practices
Qualifications
Salary Range: $55,000.00 to $105,000.00 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 our colleagues and their loved ones with benefits and programs that support their holistic well-being. That means we prioritize their physical, financial, and mental health through each stage of life. Benefits include:
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.
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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Job: Risk
Primary Location: US-New York-New York
Other Locations: US-Arizona-Phoenix, US-Utah-Sandy, US-Georgia-Atlanta, US-Florida-Sunrise
Schedule Full-time
Tags ORMCM
Req ID: 24023076