American Express Hiring: Analyst in Control Management

American Express Hiring: Analyst in Control Management

American Express is currently hiring for the Analyst in Control Management role, an exciting opportunity for professionals looking to grow their careers in a dynamic global company. As an Analyst, you will play a critical role in ensuring that key processes and controls are in place to manage risks effectively.

What Does a Control Management Analyst Do at American Express?

In this role, you’ll be responsible for supporting the development and implementation of risk control strategies. The job involves identifying risks, assessing their impact, and helping to mitigate them through strategic actions. You’ll work closely with cross-functional teams to ensure that control policies are effectively executed and in line with corporate standards.

Key Responsibilities:

• Support alignment of risk reduction initiatives with the organization’s overall risk management framework and business objectives. · Demonstrate understanding of process risk issues and mitigation strategies · Support identification and prioritization areas within BU processes that require risk reduction measures (e.g., assist in coordinating across First Line of Defense (1LoD) risk identification team) · Assist with execution on process risk reduction, leveraging enterprise support as needed to ensure timely resolution of vertical and horizontal (i.e., within BU or across processes that extend beyond the BU) issues that are of highest priority and/or most significant impact to the enterprise · Assist in conducting independent root cause analyses focused on identifying underlying process vulnerabilities to prevent potential Operational Risks (ORs), with a focus on the most common or high-risk issues and/or losses, based on comprehensive methodology (e.g., comprehensive risk-based prioritization) to prevent recurrence, and inform control design/ enhancement · Document control design effectiveness · Monitor and track the implementation of process changes, ensuring they are effective in reducing risk and align with the risk appetite · Document learnings from improving controls to elevate the process risk reduction capabilities within the BU and across the enterprise · Foster a culture of risk awareness and ongoing improvement within the team · Support sharing insights, better practices, themes, etc. across the enterprise

Required Qualifications:  

·  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 · 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 · Analytical and problem-solving skills, with an ability to analyze data, identify trends, and evaluate risk scenarios effectively

 Preferred Qualifications:  

·  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: ·  Assisting of Identification and prioritizing areas that require risk reduction measures ·Executing on process risk reduction to ensure timely resolution of issues ·Conducting root cause analyses focused on identifying process vulnerabilities to prevent potential operational risks (ORs), with a focus on the most common or high-risk issues and/or Operational Risk Events (OREs), based on comprehensive methodology (e.g., comprehensive risk-based prioritization) to prevent recurrence, and inform control design/ enhancement ·Conducting independent testing of issues to ensure complete & effective resolution · Monitoring and tracking the implementation of process changes       

How to Apply Interested candidates can apply through the American Express Careers page. Be sure to highlight your relevant experience and showcase your analytical and problem-solving skills. Here are a few tips to enhance your application:

• Customize your resume to highlight your risk and control management experience.
• Prepare for the interview by understanding American Express’ values and the key responsibilities of the role.

Conclusion Take the next step in your career by applying for the Analyst in Control Management position at American Express. With a focus on risk management and control strategies, this role offers an exciting pathway for growth in a renowned global company.