Analyst-Control Management

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 a Analyst of 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. 

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

• Facilitate BUs in their risk assessments performance for Risk and Control Self-Assessment (RCSA) in addition to further 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)
• Drive cross functional projects end to end and facilitate stakeholder engagement to perform control testing 
• Leverage domain knowledge in operational risk management and RCSA
• Assist in identification of risks and controls (along with business process owners)
• Proactively help identify areas of high-risk for intervention (e.g., automated alerts generated for high-risk areas signal need for intervention and focus), including conducting independent quality assurance and vertical process testing
• Support thematic risk reporting (levels, trends, causes) 

• 1-2 Years experience in operational risk management (e.g., within Risk and/or Internal Audit function) Understanding of critical operational risk management lifecycle activities 

• Strong Project management, communication, documentation and interpersonal skills

• Experience in process mapping, with an understanding of processes that align with policies, regulatory frameworks, and/or operational standards

• Sound analytical and problem-solving skills, with an ability to analyze data, identify trends, and evaluate risk and controls testing  for Risk and Control Self-Assessment (RCSA)

• Bachelor's Degree in Finance, Business, Risk Mgmt., or related field; advanced degrees (e.g., MBA, MSc) or certifications are advantageous

• Experience in at least one of the following:

  • Supporting identification of operational risks throughout business processes and systems

    • Facilitating risk assessment performance in addition to further assessments and testing programs to ensure regulatory and internal standards are met for Risk and Control Self-Assessment (RCSA))

    • Excellent communication, influencing and presentation skills 

    • Compiling thematic risk reporting to provide actionable insights on risk levels, emerging trends and root causes 

    • Experience in working with financial services operational risk function

    • Experience in control testing