American Express

Analyst-Compliance; Control Testing

American Express$80K — $100K *
Sandy, UT 84070In-Person
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Strong understanding of US and International Sanctions regulations
  • Experience managing multiple deadlines and tasks
  • Ability to work independently with minimal oversight
  • Strong leadership and relationship-building skills
  • Excellent written and verbal communication skills
  • Detail-oriented with strong organizational skills
  • Proficient in Microsoft Office applications

Responsibilities

  • Test sanctions controls owned by Global Sanctions to verify risk mitigation
  • Collaborate with Control Management teams to ensure effective first-line controls
  • Identify and document controls to mitigate sanctions risks in processes
  • Support mapping of mandates and requirements for control needs
  • Partner with technology teams for model validation and functionality checks
  • Develop reporting to track compliance with model documentation requirements
  • Oversight of non-model tools, such as automation for alert closures

Benefits

  • Comprehensive health and wellness programs
  • Employee development and mentorship opportunities
  • Flexible work arrangements
  • Access to a supportive company culture focused on integrity
  • Opportunities for involvement in wider community initiatives
Full Job Description
Job Description

Global Sanctions is responsible for developing and maintaining an effective, risk-based enterprise-wide sanctions program that focuses on; establishing minimum standards, overseeing effective screening processes, completing the Sanctions Risk Assessment, developing and administering training, providing reporting and key risk indicators, and serving as the Subject Matter Experts to support all business and compliance teams.

Working closely with the Global Sanctions Risk & Control Assessment and Remediation Manager, the Control Testing lead within Global Sanctions will be responsible for ensuring Sanctions risk is mitigated via the Risk/Control framework across the Enterprise & within Global Sanctions led processes. Serving as the lead for Sanctions requirements within Operation Risk methods ensures a strong control environment.

Responsibilities

Responsibilities:
  • Independently test controls owned by Global Sanctions, acting as the liaison to the Issue Management Supervisory Forum ("IMSF"), to verify the strength of risk mitigation.
  • Work closely with business unit Control Management teams to ensure 1st line controls are properly mitigating Sanctions Risk.
  • Working with Global Sanctions; identify, build, and document controls mitigating risk for Global Sanctions owned processes.
  • Support Sanctions GCO on Mandate and Requirement mapping in GLI/BUAM driving control needs.
  • Partner with Product Owner and Technology teams to compete certain model validation. requirements to ensure the models supporting Sanctions processes are functioning properly.
  • Develop and oversee reporting to ensure all model requirements are consistently meeting thresholds as defined within model documentation.
  • Oversight of non-Model Tools, such as Alert Closure Automation.
  • Support development and oversight of Smart Monitoring KRIs linking appropriately to RRSA.
  • Partner with GFCC Issue Management team to support the remediation activities for all events tagged with Sanctions impact.
  • Support 1st line teams with subject matter expertise on activities/controls to support risk reduction for event resolution.
  • Coordinate resolution activities for all Global Sanctions-owned events.
  • Support Risk Assessment team with SME knowledge for risk assessment question enhancements
  • Partner with Risk Assessment team on escalation and remediation activities as a result of Risk Assessment results


Qualifications

Minimum Qualification:
  • Significant understanding in US and International Sanctions regulations and requirements
  • Ability to manage multiple tasks, take on additional responsibilities, and prioritize work in a deadline-intensive environment
  • Ability to work independently/with minimal oversight
  • Ability to work on multiple work streams across multiple business lines at the same time
  • Ability to operate in a complex matrix environment
  • Strong people-leadership skills with the ability to motivate, engage and influence
  • Support business initiatives by building and maintaining strong relationships with peers and key partners outside of the compliance organization
  • Excellent communication skills, both written and verbal
  • Excellent problem-solving and organizational skills
  • Excellent attention to detail
  • Strong personal integrity and work ethic
  • Strong computer knowledge; excellent MS Word, Excel, Visio, and PowerPoint skills
  • Must be self-motivated, dependable, adaptable and detail oriented with a proven ability to work independently or within a team environment.

Experience:
  • 2+ years of Financial Crimes (Sanctions) experience preferred
  • Experience in Risk, Control, Self-Assessment (RCSA)/ Risk Assessment preferred
  • Project management experience
  • Bachelor's degree and/or relevant professional qualification preferred (Law Degree, Compliance/AML Diploma, CAMS Certification with a Legal/Compliance/Control/Auditing background)


Employment eligibility to work with American Express in the United States is required as the company will not pursue visa sponsorship for these positions.

The below 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.

About American Express

Amex provides industrial services to the coatings and linings sector, providing support for commercial, industrial, and maritime projects such as petrochemical, power, and water treatment industries. They offer painting services for steel structures, storage tank linings and coatings, pipelines, floors, and marine vessels such as ships, tugboats, and barges.

American Express Careers

Join the vibrant team at American Express, a global leader in financial services, and be part of a company that values innovation, leadership, and diversity. At American Express, we offer more than just job opportunities; we provide a platform for professional growth and a chance to be part of a culture that is committed to excellence and inclusive growth. Work You’ll Do At American Express, we are dedicated to helping our employees reach their full potential. With a variety of career paths available in areas such as technology, marketing, finance, and customer service, American Express is the perfect place to advance your career. Our team is composed of highly skilled professionals who thrive on innovation and collaboration. Join our team and contribute to a company known for its prestigious history of leadership in the credit card industry. Engage in meaningful work that makes a real impact on our global scale business operations. American Express Leadership and Development Programs We believe in nurturing the leadership skills of our employees with extensive training programs and leadership development opportunities. Our commitment to professional growth is evident in our comprehensive benefits package that supports both personal and professional development. Internship Opportunities Start your career with an internship at American Express and gain valuable industry experience. Our internships offer a chance to develop skills, work on challenging projects, and learn from leaders in the industry. Interns at American Express are considered integral members of the team and are given responsibilities that provide a real insight into their future career paths. Diversity and Inclusion At American Express, diversity and inclusion are at the core of our company culture. We are committed to building a diverse workforce and inclusive environment where every employee feels valued and inspired. We offer diversity training programs that empower our employees to thrive and lead in a global marketplace. Networking and Innovation Our employees enjoy unparalleled opportunities for networking and personal growth through our global connections and innovative projects. American Express encourages a culture of innovation that helps propel our company and your career forward. Career Benefits and Growth American Express is dedicated to the growth of its employees. We offer competitive benefits, including health, retirement plans, and family leave, ensuring that our team members have the support they need to succeed both at work and in their personal lives. Join Our Team Explore the job opportunities and open positions at American Express. We are continuously hiring talented individuals who are passionate about their careers and interested in working for a company that offers a dynamic and supportive environment. Stay Connected Keep up to date with the latest from American Express Careers by following our career blog and signing up for job alert emails. Tailor your subscription to receive updates that match your skills and interests. Discover the exciting and rewarding career opportunities that await at American Express. SEARCH AMERICAN EXPRESS JOBS Whether you are looking for a full-time position, an internship, or a leadership opportunity, American Express offers a path to a rewarding career. Join us and make a difference with your passion, creativity, and drive.
Learn more about American Express
Size
64,000 employees
Market Cap
$108.1 billion
Industry
Net Income
$3.1 billion
Founded
1850
5 Year Trend
+3.5%
Revenue
$37 billion
NASDAQ

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