Job DescriptionThe Regulatory Reporting Quality Assurance (RRQA) team performs objective, risk-based quality assurance over regulatory reporting processes and supports effective governance of the regulatory reporting control environment. Through process and control testing, conformance testing against regulatory reporting instructions, and transaction testing of underlying data, the team identifies risks, data quality issues, control gaps, findings, and improvement opportunities that could affect the accuracy, completeness, or compliance of regulatory reports.
The team partners with Regulatory Report Owners, Technology, Data Governance, Service Management, and other stakeholders to communicate review results, support timely remediation, and strengthen regulatory reporting processes and controls. The team also continues to enhance its QA capabilities through risk-based methodologies, data analytics, automation, continuous monitoring, and emerging GenAI solutions.
Responsibilities- Execute risk-based QA reviews, including process and control testing, conformance testing, and transaction testing, to assess control design and implementation, data accuracy, and compliance with applicable regulatory reporting requirements.
- Identify and clearly communicate observations, improvement opportunities, findings, data quality issues, and reporting discrepancies, as applicable; support alignment on remediation actions and monitor remediation through closure.
- Evaluate compliance with regulatory reporting instructions, internal policies, procedures, and applicable governance requirements.
- Support QA methodology enhancements, including coverage rationale, sampling approaches, selection criteria, testing procedures, scripts, and documentation standards.
- Analyze risk indicators and testing results to support risk-based QA scoping, sample selection, prioritization of review coverage, and linkage of identified risks to testing procedures.
- Prepare clear, complete, traceable, and well-supported workpapers, review conclusions, management reporting, and key metrics.
- Analyze underlying report data, data lineage, critical data elements, master and reference data, transformation logic, and source-to-report data flows to support testing, sample selection, risk identification, and QA scoping.
- Use data analytics and automation tools, including Power BI, Power Platform, SQL, and GenAI, to improve testing efficiency, analysis, and reporting.
- Support the implementation, execution, and maintenance of applicable regulatory reporting governance frameworks, continuous monitoring, and trigger-based QA activities.
- Coordinate with Regulatory Reporting, Technology, Data Governance, Service Management, and other stakeholders to support review execution, issue analysis, remediation monitoring, regulatory examinations, Internal Audit reviews, and other assurance activities.
QualificationsMinimum Qualifications- 3+ years of relevant experience in accounting, financial or regulatory reporting, quality assurance, audit, internal controls, risk management, data controls, data analytics, or related field.
- Experience in data analysis, data controls, data transformation logic, and process and/or control assessment.
- Strong analytical, problem-solving, and critical-thinking skills, with close attention to detail and the ability to learn quickly.
- Ability to communicate clearly and professionally and engage effectively with business partners and stakeholders at various levels.
- Ability to evaluate evidence, apply professional skepticism, document testing clearly, and develop well-supported conclusions.
- Self-starter with a collaborative mindset, sound judgment, and a demonstrated focus on process improvement.
- Ability to work effectively in evolving or less-defined environments, identify improvement opportunities, and organize work across multiple priorities.
- Proficiency in Microsoft Excel, Word, and PowerPoint.
Preferred Qualifications- Experience with U.S. regulatory reporting, SEC reporting, financial reporting, public accounting, Quality Assurance, or internal/external audit.
- Knowledge of financial reporting, banking products, U.S. GAAP, and financial accounting concepts.
- Experience with regulatory reporting governance, risk-based testing, sampling, issue management, or methodology enhancement.
- Experience using data and automation tools such as SQL, Power BI, Power Platform, SharePoint, or similar technologies.
- Familiarity with Oracle, Essbase, RRA, or comparable financial and regulatory reporting platforms.
- Understanding of database concepts, data lineage, critical data elements, and source-to-report data flows.
- Consulting or public accounting experience.
- CPA, Chartered Accountant, MBA, or other relevant advanced degree or professional qualification.
Employment eligibility to work with American Express in the United States is required as the company will not pursue visa sponsorship for these positions.
About the TeamWe back you with benefits that support your holistic well-being so you can be and deliver your best. This means caring for you and your loved ones' physical, financial, and mental health, as well as providing the flexibility you need to thrive personally and professionally:
- 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.
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.
