- This position is within the Global Risk and Compliance unit at American Express, the Enterprises 2 nd line of defense.
- We are seeking a skilled and detail-oriented professional to join our team as a model non-model (quantitative) tool governance and strategic initiatives analyst.
- Responsibilities for this role include creating automation solutions and dashboards while managing and overseeing the model non-model tool inventory, risk capabilities, reporting and governance and strategic initiatives within our organization.
- The ideal candidate will possess a strong understanding of various technologies, exceptional analytical skills, and the ability to ensure compliance with relevant policies and guidelines.
Key Responsibilities
- Create dashboards and utilize data analytics techniques to derive insights from model and non-model tool inventory enabling better decision making and strategic planning
- Support the team in managing interactions and examinations with the U.S. financial industry regulators and internal audit teams; ensure timely closure of outstanding findings.
- Support the team in the preparation of aggregate model risk assessment reporting to senior management and regulatory agencies.
- Automate the creation of weekly, bi-weekly, monthly model related MIS (eg, validation MIS, findings MIS, etc)
- Drive various strategic initiatives ie, participate in short-to-medium term, high-impact projects pertaining to risk management and strategy. Each engagement is unique, may include exercises such as performing industry research, designing a new risk management framework.
- Perform systematic business unit reviews to assess the completeness of the model non-model tool inventory.
- Regularly review model non-model tool usage metrics and address any issues.
- Partner with technology teams to implement new capabilities to manage model non-model tool workflows and reporting.
- Stay informed about relevant industry regulations and standards.
- Act as a point of contact for user support, addressing queries and resolving issues promptly.
Skills:
- Decent experience in software development specifically creating automation tools and dashboards. Preferred programming language: Python.
- Hands on experience in web scrapping, excel macros/VBA and creating GUIs is a plus.
- Analytically superior and a good problem solver
- Able to demonstrate strong knowledge of risk and financial management
- Good communication and interpersonal skills; able to clearly articulate or interpret technical documents, regulatory guidelines, and complex project requirements in a concise manner to various stakeholders
- Outstanding multi-tasking and project management skills
- Superb teamwork aptitude to work with colleagues and stakeholder across various AXP offices globally
- Strong Microsoft Excel and PowerPoint skills
- Extremely high attention to detail
- Self-starter and enthusiastic attitude
Educational Requirement
bachelors degree in management or science (statistics, finance, decision science, economics, or closely related fields)
Graduate degree such as M.S. and Ph.D. (in statistics, finance, decision science, economics, or closely related fields) is preferred
Benefits include:
- Competitive base salaries
- Bonus incentives
- Support for financial-we'll-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 we'llness centers staffed with nurses and doctors (depending on location)
- Free and confidential counseling support through our Healthy Minds program
- Career development and training opportunities
