Analyst-Control Management

Credit & Fraud Risk (CFR) manages the risk strategies across all markets and portfolios to minimize the company’s credit and fraud losses while promoting business growth and delivering superior customer service.
The objective of the Credit & Fraud Risk Control Management Risk ID: Assessment & Testing team is to identify, assess, mitigate, and report on Operational Risk within BU processes for Credit & Fraud Risk to ensure adherence to regulatory standards, Amex policy and enhance the BU's resilience through managing a clear methodology of inherent and residual risk
Credit & Fraud Risk is looking for an Analyst for Risk ID, Assessment, Testing & Reporting focused on ensuring control 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.

Qualifications

• 1+ Years experience in risk strategy. Operational risk management (e.g., within Risk and/or Internal Audit function)
• MBA, Master’s degree from top tier institutes in finance, Business, Risk Management., or related field; advanced degrees or certifications are advantageous
• Sound analytical and problem-solving skills, with an ability to analyze data, identify trends, and evaluate risk scenarios effectively for Risk and Control Self-Assessment (RCSA)
• Project management, communication, and interpersonal skills
• Experience in process governance, with an understanding of processes that align with policies, regulatory frameworks, and/or operational standards will be preferred.

Responsibilities

The Analyst, CFR Risk ID, Assessment, Testing & Reporting will:

• Facilitate BUs in their risk assessments performance in Risk and Control Self-Assessment (RCSA)
• Provide additional identification of risks throughout business processes and systems (along with business process owners)
• Categorize controls and map against risks and processes (e.g., cross-BU process-control mapping)
• Assist in additional identification of risks throughout business processes and systems (along with business process owners)
• Support control monitoring (supplemental to BU process owners testing) and compile key operational risk trends, activities, and events
• Enables proactive identification of gaps in data, process, documentation and controls against established standards to identify areas of improvement in different CFR functions
• Assessments and testing / QA programs to ensure regulatory and internal standards are met (e.g., periodic RCSA reviews and update assessment criteria to align with regulatory updates)
• Support thematic risk reporting (levels, trends, causes).