Analyst-Compliance
American Express · Banking & Financial Services
- Gurugram, HR, India
- On-site
- Posted today
- Apply by 2 Nov
- Legal & Compliance
About the job
Description
This position will be specifically dedicated to the Independent Compliance Testing (“ICT”) team supporting the Global Risk and Compliance Monitoring & Testing (M&T) function. A successful candidate will have audit or compliance testing experience within a large bank and a focus on control design and effectiveness. The Analyst will perform testing and provide support to the Managers and Directors leading the ICT reviews, including:
Key Responsibilities:
Assist Managers/ Directors in the execution of assigned M&T tasks in department standards, methodology, budgets, and deadlines for all phases of the testing including planning, fieldwork, reporting and wrap-up.
Interview client personnel of all levels to document, understand, and assess process effectiveness, Compliance risks and controls, including control design and effectiveness.
Assist in the management of routine client status meetings, testing requests, and other administrative tasks.
Assist in the documentation and evaluation of M&T observations and findings and subsequent validation of management’s actions taken to address such findings.
Work on simultaneous integrated M&T projects for different leaders.
Develop and document ideas for analytical control testing to expand the breadth and depth of testing coverage.
Develop familiarity with Compliance risk across all lines of businesses, globally.
Utilize department and company tools in a proficient manner.
Maintain internal M&T competency through ongoing professional development.
Required Qualifications:
3 years of experience in audit, monitoring and testing, or risk management in the financial services, banking, or card products industries.
Bachelor of Art/Science or equivalent degree
Experience and competency in the assessment of risks, control design and effectiveness and process assessment
Strong written and verbal communication skills.
Strong regulatory knowledge of consumer compliance and a strong desire to learn relevant regulations.
Strong knowledge of issue management and risk system management.
Self-starter along with passion for continuous innovation with a view to drive organizational improvements and impacts.
Ability to work with unstructured tasks/ risk pillar and provide a structured output.
Experience in analyzing data, interpreting results, identifying potential discrepancies and/or risk and experience with data analytics tools and data visualization.
Ability to break down a complex problem into components, solve them by potentially using data analysis, process knowledge and risk/control knowledge, and communicate data analysis, issues and control recommendations with transparency and integrity.
Possess a strong understanding of banking systems and processes, strong computer knowledge, and excellent MS Word, Excel, Visio, and PowerPoint skills.
Excellent storytelling and visualization skills
Demonstrated integrity, innovation, teamwork, and excellence
Preferred Qualifications
Proficiency in Fair Lending, Financial Crimes, marketing offer fulfillment and UDAP/UDAAP requirements, Privacy, Compliance Risk Assessment, general regulatory knowledge, issue management, and risk system management.
Advanced degree in Accounting, or another related field.
Relevant M&T and compliance professional certifications are preferred (Certified Regulatory Compliance Manager (CRCM), Certified Internal Auditor (CIA) etc.) Certified Fraud Examiner (CFE) etc.;
Interest in working with data, interpreting results, analytic best practices and experience with data analytics tools and data visualization is a plus.